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Shares of Discovery Communications Inc. (DISCA) declined around 6 percent in the after hours trading on Wednesday following media reports that the firm is seeking to buy a controlling interest in The Hub from partner and toymaker Hasbro Inc. (HAS) and rename the children's cable TV network Discovery...

FEI (FEIC) Thursday announced the opening of a new technology center in the industrial estate of Cernovická Terasa, Czech republic. With a surface area of 27.000 square meters, it is the largest technology plant built this year in the Czech republic. FEI invested 800 million Czech crowns or about $38...

German conglomerate Bayer AG (BAYZF.PK, BAYRY.PK, BYR.L) plans to separate its plastics business, as it shifts focus to its life sciences business, WSJ Deutschland said Wednesday, quoting people familiar with the matter. The business is estimated to have a value of around 8 billion euros or $10.3...

Parkland Fuel Corp. (PKI.TO), a distributor and marketer of fuels and lubricants, Wednesday said it has entered into a definitive agreement to acquire the assets of Pioneer Energy for C$378 million, including C$259 million in cash, C$119 million in common shares of Parkland, and the assumption of standard...

Online retail giant Amazon.com, Inc. (AMZN) on Wednesday announced the launch of two all-new Kindle e-reader models, three all-new Fire tablets and also introduced the Fire OS 4 "Sangria." With the models unveiled, Amazon is trying to target different segments in the market, including kids with the new...

Amazon (AMZN) announced that it has introduced new Kindle tablets and e-readers. Amazon announced the introduction of 7th generation of Kindle: Kindle Voyage, the most advanced e-reader ever, and the new $79 Kindle, with a 20% faster processor, twice the storage, and now with a touch interface....

TerraForm Power, Inc. (TERP) said Wednesday that it has appointed Alejandro Hernandez as Executive Vice President and Chief Financial Officer, effective September 29, his start date with the company. Hernandez replaces Sanjeev Kumar, who will return to EverStream Energy Capital Management in San...

EMCORE Corp (EMKR) said Wednesday it has agreed to sell its Space Photovoltaics business to an affiliate of private equity firm Veritas Capital for $150 million in cash. The transaction is expected to close in December 2014 or January 2015. In connection with this transaction, an affiliate of...

WhiteWave Foods Coy (WWAV), a consumer packaged food and beverage company, Wednesday agreed to acquire So Delicious Dairy Free from its existing shareholders, led by Wasserstein & Co., for about $195 million in cash. Best known for its plant-based beverages, creamers, cultured products and frozen...

Air filter maker Clarcor Inc. (CLC), Wednesday reported a surge in profit for the third quarter, driven mainly by a 38 percent jump in revenue and stronger margins. Nevertheless, revenues for the quarter fell short of Wall Street estimates, while earnings beat expectations. Franklin, Tennessee-headquartered...

Dollar General Corp. (DG) said Wednesday that it remains committed to acquiring Family Dollar Stores, Inc. (FDO) in a deal that would deliver superior value to Family Dollar shareholders and is capable of being completed on the terms proposed. Dollar General also said that it remains confident in...

Scientific instruments maker Agilent Technologies Inc (A), Wednesday named Mike McMullen as chief executive officer, effective March 18, 2015. McMullen, currently senior vice president and president of the company's Chemical Analysis Group, will succeed William Sullivan. Sullivan will remain an advisor...

Five Star Quality Care Inc (FVE), a senior living and healthcare services company, Wednesday reported fourth-quarter net loss of $5.4 million or $0.11 per share compared with a profit of $1.6 million or $0.03 per share last year. Results for the recent quarter included a loss from discontinued operations...

Cardiovascular Systems, Inc. (CSII) said Wednesday that its chairman of the board, Glen Nelson, plans to retire and will not stand for re-election at the company's 2014 annual meeting of shareholders on November 12, when his term ends. In appreciation for his 11 years of service as a Cardiovascular...

United Natural Foods Inc (UNFI) Wednesday reported a better-than-expected increase in fourth-quarter profit, helped by a seven percent rise in sales, partly offset by lower margins. The company detailed a strong outlook for fiscal year 2015, sending its shares up 6 percent in after-hours trade on...