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Ericsson (ERIC) announced Thursday that it will establish two new business units in a move to accelerate transformation and support growth. It will split current business unit Networks into two new units, business unit Radio and business unit Cloud & IP. The company stated that the change in organization...

Vasco Data Security International, Inc. (VDSI) Thursday reported first-quarter net income of $3.51 million or $0.09 per share, up from $2.79 million or $0.07 per share in the previous year. Earnings from continuing operations in the prior-year quarter was $0.06 per share. Revenues for the...

Sopra Group SA, a French consultancy, systems integration and application outsourcing company, Thursday announced the proposed acquisition of HR Access Service Line, currently owned by IBM France, of technology giant International Business Machines Corp. or IBM (IBM). The financial details have not been...

African Barrick Gold Plc's (ABGLF.PK, ABG.L) shares gained around 6 percent in the morning trade in London after the company reported a higher profit in its first quarter, despite lower revenues. The company also backed its production forecast. For the first quarter, pre-tax profit was $32.61 million,...

Hyperion Therapeutics (HPTX) said it has entered into a definitive agreement to acquire Andromeda Biotech Ltd., an Israel-based subsidiary of Clal Biotechnology Industries Ltd. Hyperion will pay $12.5 million in cash, less adjustments for expenses incurred in connection with the transaction, and...

Dassault Aviation (DUAVF.PK) posted 11% lower consolidated net sales of 586 million euros as of March 31, 2014, compared with 662 million euros for the 2013 first quarter. Export net sales represented 79% of total net sales. First-quarter 2014 orders reached 626 million euros, versus 746 million euros...

Cellular telephony services provider Millicom International Cellular SA (MIICF.PK) announced its first-quarter 2014 results and reported growth across all regions and business units. The firm's financial performance showed first-quarter revenue up to $1.405 billion, growing 8.5% pro forma in local currency....

Merck KGaA (MKGAY.PK) said the Phase IIIb SPARK study has met its primary endpoint. The results of the first 26 weeks of this study demonstrated that the addition of Kuvan (sapropterin dihydrochloride) to a phenylalanine-restricted diet in children less than 4 years of age, who have phenylketonuria...

Biopharmaceutical company AstraZeneca Plc (AZN.L, AZN) reported Thursday a decline in first-quarter profit, while revenues grew 3 percent at constant exchange rates. The company also maintained its financial guidance for 2014. Pre-tax profit was $638 million, compared to $1.30 billion last year. Core...

Anglo-Dutch consumer goods giant Unilever Plc (UL, ULVR.L, UN) Thursday reported 6.3% decline in first-quarter turnover, reflecting a negative currency impact of 8.9%. For the quarter, the company's turnover totaled 11.4 billion euros. Underlying sales growth was 3.6%, with emerging markets increasing...

Mining giant Anglo American Plc (AAL.L, AAUKY.PK) said its first-quarter Kumba Iron Ore production grew 10% to 11.3 million tonnes, from 10.3 million tonnes last year, following solid performances at both Sishen and Kolomela. First-quarter 2013 was impacted by lower than planned production at Sishen...

French industrial and medical gases maker Air Liquide SA (AIQUY.PK) reported Thursday an increase in its first-quarter revenues, mainly reflecting improved performance in Gas & Services segment. Looking ahead, the company said it is confident in its ability to deliver another year of net profit growth...

Comdirect Bank AG (CDBG) said first-quarter after-tax profit was 17.88 million euros compared to 17.35 million euros last year. Pre-tax profit rose to 24.1 million euros from 23.7 million euros in the prior year. Total income improved to 88.9 million euros from 87.4 million euros in the prior...

French energy management firm Schneider Electric S.A. (SBGSF.PK) Thursday said its total revenues for the first quarter increased 7.7% from last year, while the organic growth was 2.5%. For the quarter, the company posted revenues of 5.67 billion euros. Organic revenue growth was benefited from...

Dassault Systèmes SA (DASTY.PK) announced its plan to change the legal status of the company from that a French Public Limited Company to that of a European company. The company noted that the transformation into a European company has no impact on governance or stock market listing. On March 21,...