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The United Steelworkers union has told its workers at nine U.S. refineries and chemical plants to strike early Sunday morning, even as both sides hope to reach an agreement over pay, benefits and safety, the Wall Street Journal reported. Negotiations between U.S. refiners and the union failed to reach...

Irish building materials company CRH Plc (CRH.L, CRH) has agreed to acquire assets from cement companies Lafarge SA (LFGEF.PK, LFRGY.PK) and Holcim Ltd (HCMLY.PK) for €6.5 billion, the Wall Street Journal reported. The sale of the assets in Europe, Canada and elsewhere is a precondition of winning antitrust...

U.S. Transportation Secretary Anthony Foxx announced Saturday the recall of more than 2.12 million Acura, Dodge, Jeep, Honda Motor Co. Ltd. (HMC), Pontiac, and Toyota (TYT.L, TM) vehicles for a defect that may cause airbags to deploy inadvertently. The recalls will provide vehicle owners with a new remedy...

Shire plc (SHP.L, SHPG) said Friday that the U.S. Food and Drug Administration has approved Vyvanse Capsules, the first and only medication for the treatment of moderate to severe binge eating disorder in adults, shown to significantly reduce the mean number of binge days per week. Vyvanse is not...

AbbVie (ABBV) on Friday released top-line Phase 3 results for its investigational, all-oral, ribavirin (RBV)-free, two direct-acting antiviral treatment with ombitasvir/paritaprevir/ritonavir (OBV/PTV/r) in patients with genotype 1b (GT1b) chronic hepatitis C virus (HCV) infection in Japan. The primary...

GFI Group Inc. (GFIG) said Friday that its Board of Directors will explore strategic alternatives with any and all interested parties to maximize shareholder value for all shareholders. The alternatives could include, among others, joint ventures, mergers and/or acquisitions, the interdealer broker...

ARC Document Solutions, Inc. (ARC) said Friday that it has appointed Jorge Avalos to succeed John Toth as the company's Chief Financial Officer at the end of January. Toth, the company's current CFO, is leaving the company to pursue other business interests. Avalos has been ARC's Chief Accounting...

Futures exchange operator CME Group Inc (CME) and GFI Group Inc (GFIG) on Friday announced that they have each determined to terminate their previously announced merger agreement following today's special meeting of GFI shareholders. Preliminary results from the GFI shareholder meeting held earlier...

Interdealer broke BGC Partners, Inc. (BGCP) on Friday issued a statement following the conclusion of the special meeting of rival GFI Group Inc. (GFIG) where, based on preliminary tabulation by the independent inspector, shareholders rejected the proposed merger agreement with futures exchange operator...

Talmer Bancorp Inc (TLMR) on Friday reported fourth-quarter net earnings of $12.5 million or $0.16 per share compared with $12.6 million or $0.18 per share last year. Analysts polled by Thomson Reuters estimated earnings of $0.17 per share for the quarter. Analysts' estimates typically exclude special...

Filtration systems maker Donaldson Co Inc (DCI) on Friday named Tod Carpenter as president and chief executive officer, effective April 1. Carpenter, currently the company's chief operating officer, will replace Bill Cook, who will remain chairman of the board. Cook has been chairman, president and...

Cincinnati Financial Corp. (CINF) on Friday declared a $0.46 per share regular quarterly cash dividend, increasing from the previous $0.44 per share dividend paid on January 15. The increased dividend is payable on April 15 to shareholders of record as of March 18. At the new level, the indicated...

Shares of burger chain Shake Shack Inc. (SHAK) rose sharply in their trading debut on the New York Stock Exchange on Friday following a successful initial public offering. Shake Shack priced its IPO of 5 million Class A shares at $21 per share, which was above the previously estimated price range...

Apple Inc. (AAPL) shares hit an all-time high of $120 in intra-day trading on Friday, surpassing their previous intra-day high of $119.75 touched on November 25. The stock price boost came just days after the Cupertino, California-based company reported record-breaking quarterly results. On Tuesday,...

Romney-013015.jpg Former Massachusetts Governor Mitt Romney revealed Friday that he has decided against a third run for the White House in 2016. Romney, the unsuccessful Republican presidential nominee in 2012, said it was time to give other Republicans a chance.

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