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Siemens AG (SIEGY.PK, SMAWF) was probed by a Chinese regulator last year, alleging its healthcare unit and its dealers bribed hospitals to purchase costly disposable products used in some of its medical devices, Reuters reported, quoting three people with knowledge of the investigation. China initiated...

David Goldberg, husband of Facebook Inc.'s (FB) chief operating officer Sheryl Sandberg, has died suddenly on Friday night. Goldberg, chief executive officer of SurveyMonkey.com, was 47-years-old. "It's with incredible shock and sadness that I'm letting our friends and family know that my amazing...

China Education Resources, Inc. (CHN.V) Saturday said its full-year attributable net loss narrowed to $791,396 from $2.72 million in the prior year. Total revenue grew 6.1 percent to $10.7 million from $ 10.1 million in the previous year. The revenue increase was due to a 22.2 percent increase...

HudBay Minerals Inc. (HBM.TO)(HBM) said Saturday that 180 members of the International Association of Machinists and Aerospace Workers, Local No. 1848 began a strike at noon. A comprehensive contingency plan is in place and the company expects operations to continue and production guidance to be maintained....

US Secretary of State John Kerry on Saturday appreciated the new reformist government in Sri Lanka for making "enormous progress" within a few months after being elected to power. Kerry, who is on a 2-day visit to Sri Lanka, expressed confidence that his visit would mark a new start in the bilateral...

Seven people were killed in Mexico on Friday during clashes between members of drug cartel and military personnel, reports said. In the first attack, three soldiers were killed when the gunmen fired on a military helicopter, which made an emergency landing about 150 miles southwest of Guadalajara....

Billionaire Warren Buffett's Berkshire Hathaway, Inc. (BRK-A, BRK-B) reported a profit for the first quarter that increased 10 percent from last year, despite a drop in investment gains, reflecting higher operating earnings across all its businesses and improved revenues. The Omaha, Nebraska-based...

Edison International (EIX) said FRiday that it has established commercial agreements with Tesla Motors, Inc. (TSLA) as part of its launch of a new line of Tesla Energy products. Southern California Edison, the regulated utility subsidiary of Edison International, and SoCore Energy, a subsidiary of...

Equifax Inc. (EFX) said Friday that its Board of Directors has authorized the repurchase of up to an additional $550 million of the company's common stock. With the additional authorization, the total remaining authorized share repurchase amount was $753 million as of April 30, 2015. The company...

Filtration systems maker Donaldson Co., Inc. (DCI) said Friday that it now expects full year fiscal 2015 sales to be $2.30 billion to $2.40 billion and adjusted earnings for the year to be $1.51 to $1.61 per share. Previously, the company forecast sales in the range of $2.40 billion to $2.50 billion...

Vanguard Natural Resources, LLC (VNR) reported a net loss for the first quarter of $125.5 million or $1.49 per unit, compared to net income of $13.2 million or $0.16 per unit for the year-ago quarter. Excluding items, adjusted net income for the first quarter was $18.0 million or $0.21 per unit, compared...

Bank of Nova Scotia (BNS, BNS.TO) said Friday that its subsidiary in Peru has acquired the retail and commercial banking operations of Citibank in Peru. Citibank's Peruvian operation includes eight branches which serve more than 130,000 retail and commercial banking customers. The deal is not...

Occidental Petroleum Corp. (OXY) said FRiday that its Board of Directors has elected Eugene Batchelder non-executive Chairman, succeeding Ambassador Edward Djerejian, who has retired from the Board. Batchelder, 67, joined the Occidental Board as an independent director in 2013, and has been serving...

Weis Markets, Inc. (WMK) reported net income for the first quarter of $13.1 million or $0.49 per share, compared to $14.8 million or $0.55 per share for the year-ago quarter. Net sales for the first quarter rose 3.7% to $712.43 million from $687.13 million a year ago. Same-store sales increased 3.4%...

Toyota Motor Corp. (TM) Friday said its U.S. sales for April increased 1.8 percent, as strong sales of trucks and crossover SUVs helped the Japanese automaker offset some weak car sales. Toyota's U.S. sales in April increased 1.8 percent to 203,329 units from 199,660 units a year ago. Sales at...

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