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Marks & Spencer Group PLC (MAKSY.PK, MAKSF.PK, MKS.L) reported that its Group sales, on ex-VAT and constant currency basis, increased 1.9% during the 13 weeks to 28 March 2015, from prior year. Group sales, at actual currency basis, were up 1.6%. Food sales increased 3.7%. Like-for-like food sales...

British beverages giant Diageo Plc. (DEO, DGE.L) Thursday said it is acquiring control of United National Breweries' traditional sorghum beer business in South Africa by buying out the remaining 50 percent interest which it did not already own. Diageo announced on January 28, 2013 that it had entered...

AudioCodes (AUDC), a provider of converged voice solutions that enable enterprises and service providers to transition to all-IP voice networks, announced that its Board of Directors has approved a program to repurchase up to an additional $15 million of its Ordinary Shares, NIS 0.01 nominal value. This...

A U.S. independent monitor has said that HSBC Holdings Plc. (HSBA.L, HSBC) is moving too slowly to fix some of its compliance issues. Monitor Michael Cherkasky's report, summarized in a court filing, has lauded the lender for the compliance efforts of top leaders. It has also applauded the HSBC's adoption...

Cloud computing company Salesforce.com, Inc. (CRM) said in a regulatory filing that Graham Smith, its Executive Vice President and former Chief Financial Officer, has agreed to continue his employment with the company beyond March 31, his previously anticipated retirement date. Smith will continue...

The European Union's antitrust authority is preparing the groundwork to file formal charges against Google Inc. (GOOGL, GOOG) in the next few weeks, the Wall Street Journal reported Wednesday. Google is in the midst of a five-year-old antitrust probe by the European Commission, the European Union's...

Jamba Inc. (JMBA) announced that it has entered into an asset purchase agreement with Vitaligent, LLC to refranchise 100 Company-owned restaurants in the San Francisco, Sacramento and San Diego markets. Under the terms of the agreement, Jamba will receive a purchase price of $36.0 million in cash. Vitaligent...

Morgan Stanley (MS) disclosed in a regulatory filing that its Chairman and Chief Executive Officer James Gorman received a total compensation of $23.27 million, including base salary, stock grants and Bonus in 2014, compared to the $14.41 million he received in 2013, and $10.67 million he got in 2012. The...

KBR Inc. (KBR) agreed to pay a $130,000 penalty to settle the SEC's charges and the company voluntarily amended its confidentiality statement by adding language making clear that employees are free to report possible violations to the SEC and other federal agencies without KBR approval or fear of retaliation. According...

Europe's competition regulator is preparing to move against Google Inc. (GOOG, GOOGL) in the next few weeks, the Wall Street Journal reported citing a person familiar with the matter. The European Commission has been asking companies that filed complaints against Google for permission to publish some...

McDonald's USA (MCD) announced enhanced benefits for employees at its company-owned restaurants, including a wage increase and paid time-off for full and part-time crew employees. By the end of 2016, McDonald's projects that the average hourly wage rate for McDonald's employees at company-owned restaurants...

Citigroup Inc. (C) is preparing to sell Prime Reinsurance Co., a subsidiary created five years ago to ease the spinoff of life insurer Primerica Inc., Bloomberg reported citing people familiar with the matter. The unit, known as Prime Re, could draw interest from Reinsurance Group of America Inc.,...

BB&T Insurance Holdings Inc., a subsidiary of BB&T Corp. (BBT), announced it has reached an agreement to significantly increase its partnership interest in AmRisc, LP. In a related agreement, BB&T Corp. agreed to sell American Coastal Insurance Company or AmCoastal to certain members of the AmRisc...

Target Canada Co., a unit of Target Corp. (TGT), announced that it will complete its inventory liquidation efforts and close the last of its 133 Canadian retail stores to the public on April 12. In addition, Target Canada's three distribution centres and Mississauga headquarters have been closed....

Canadian oil giant Suncor Energy Inc. (SU.TO, SU) provided an update on its progress on cost management measures in response to the low crude price environment, as well as an update on operations. Suncor confirmed it is on track to achieve the $1 billion reduction in its 2015 capital budget, while maintaining...

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