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Starboard Value LP, one of the largest shareholders of Darden Restaurants Inc (DRI), said Tuesday it was gratified by the support from proxy voting advisory firms, Institutional Shareholder Services ("ISS") and Glass Lewis & Co. LLC, which recommended that Darden shareholders vote in favor of Starboard's...

Magna International Inc. (MGA) said Tuesday that one of its subsidiaries has signed an agreement to buy the Techform Group of Companies, an automotive supplier of hinges, door locking rods and other closure products. Terms of the deal were not disclosed. The acquisition combines Techform's product...

National Oilwell Varco, Inc. (NOV) said Tuesday that its Board of Directors has authorized a share repurchase program to purchase up to $3 billion of the company's outstanding common stock. The duration of the share repurchase program is 36 months, although it may be increased, extended, suspended...

Microsoft Corp (MSFT), Tuesday unveiled its Windows 10 operating system, Windows 10, and gave a first look at an early technical preview for the PC available Oct. 1. The new operating system has advancements designed for business, including an updated user experience and enhanced security and management...

Valeant Pharmaceuticals International, Inc. (VRX, VRX.TO) said Tuesday that its Bridgewater, New Jersey location received a Warning Letter from the U.S. Food and Drug Administration relating to an inspection in June of the company's records with regards to Sculptra Aesthetic injectable, which was divested...

CECO Environmental Corp. (CECE) said Tuesday that it has acquired SAT Technology, Inc., a provider of Volatile Organic Compounds abatement solutions for the Chinese air pollution control market. Based in Shanghai, China, SAT Technology is focused on providing VOC abatement solutions to customers...

Vulcan Materials Co (VMC), a producer of construction aggregates, said Tuesday it completed six acquisitions during the third quarter that further expand its footprint and reserve positions in key America markets. The most recent acquisitions include five aggregates facilities and associated downstream...

Murphy Oil Corp. (MUR) Tuesday said it has agreed to sell 30 percent of its Malaysian oil and gas assets to PT Pertamina Malaysia Eksplorasi Produksi for $2.0 billion in cash. The closing of the deal is expected to take place in two phases, with the first phase to be completed in the fourth quarter...

Mercer, a subsidiary of Marsh & McLennan Companies, Inc. (MMC), said Tuesday that it has appointed Ken Haderer as Chief Operating Officer and Helen Shan as Chief Financial Officer. Mark McGivney, who served as CFO and COO of Mercer, has been appointed Senior Vice President, Corporate Finance, at...

GE Healthcare (GE) Tuesday announced an agreement between its affiliate, Clarient Diagnostic Services Inc and GlaxoSmithKline (GSK, GSK.L). The collaboration aims to improve access to diagnostic testing for cancer patients by establishing a network of clinical laboratories to identify genetic mutations...

Starwood Hotels & Resorts Worldwide, Inc. (HOT) said Tuesday that it will temporarily relocate its global headquarters from the U.S. to India in March 2015 for one month. The move is the third by the company, following similar relocations to China in 2011 and Dubai in 2013. Starwood noted that relocation...

Bank of America Corp. (BAC) announced Tuesday that it will include chip technology on all new and reissued consumer and small business debit cards, beginning this week. The company already includes chips on the majority of its credit card programs and is the first major U.S. bank to add the chip technology...

Auto parts supplier Johnson Controls, Inc. (JCI) announced Tuesday that it intends to divest its Global Workplace Solutions or GWS business as part of its stated intention to divest businesses that are non-core to its long-term growth strategy. Johnson Controls said it has retained Bank of America...

TRC Companies, Inc. (TRR) Tuesday announced that it has acquired Midland, Texas-based NOVA Safety & Environmental. Financial terms of the agreement were not disclosed. TRC expects the transaction to be immediately accretive. NOVA's approximately 60 employees provide safety training, environmental...

Cabot Corp. (CBT) and Westmoreland Coal Co. (WLB) announced plans to increase activated carbon manufacturing capacity in North America. The joint venture partners intend to double the capacity of their Bienfait, Saskatchewan manufacturing facility to meet the future demand for mercury removal products...