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Software giant Microsoft Corp. (MSFT) announced late Tuesday an eleven percent increase in quarterly dividend and added two new directors to the board. However, the dividend increase is the smallest since 2009, and half of last year's hike. "As we continue to focus on the company's transformation...

Australian compliance advisory service provider SAI Global Ltd. (SGLOF, SAI.AX) said Tuesday that it has not received any final bids for the company despite putting itself up for sale. However, SAI Global said it has received offers from several parties interested in acquiring one or more of the company's...

Alcoa (AA) announced the pricing of public offering of 25 million of depositary shares at $50 per Share. The offering is expected to close on September 22, 2014. In addition, the company granted underwriters an option to buy additional 3.75 million Depositary Shares to cover over-allotments, if any Each...

Callidus Software Inc. (CALD), doing business as CallidusCloud, said Tuesday that it has acquired Clicktools, a cloud enterprise B2B survey provider, for about $14 million net of cash and accounts receivable assumed on the balance sheet. Clicktools is the creator of a SaaS-based enterprise survey...

Blueknight Energy Partners L.P. (BKEP) Tuesday priced an underwritten public offering of 8.5 million common units representing limited partner interests of the Partnership at a public offering price of $7.61 per common unit. The Partnership has also granted the underwriters a 30-day option to purchase...

Shares of Rackspace (RAX) slid 17 percent in after-hours trade on Tuesday, after the cloud service provider said it has ended its evaluation of strategic alternatives and decided to stay independent. Rackspace also named Taylor Rhodes as chief executive officer and a member of the board, effective...

Glass-products designer Apogee Enterprises Inc. (APOG), Tuesday reported a surge in profit for the second quarter, reflecting a 30 percent growth in revenues and a tax benefit. Both earnings and revenues for the quarter came in ahead of Wall Street estimates. Moving ahead, the company lifted its financial...

NASA said Tuesday that it has selected Boeing Co. (BA) and billionaire Elon Musk's Space Exploration Technologies Corp., or Space X, to transport U.S. astronauts to and from the International Space Station from U.S. soil using their CST-100 and Crew Dragon spacecraft, respectively, with a goal of ending...

Endo International plc (ENDP, ENL.TO) said Tuesday that it has delivered a proposal to acquire all of the outstanding shares of Auxilium Pharmaceuticals, Inc. (AUXL) for a per share consideration of $28.10 in a cash and stock deal valued at $2.2 billion. Endo's proposal represents a premium of 31%...

Insulet Corp (PODD), a maker of insulin infusion systems, Tuesday named Patrick Sullivan as its president, chief executive officer and director, effective immediately. Sullivan succeeds Duane DeSisto, who is retiring after 13 years at the company. DeSisto will be available to the company as a consultant...

Silver Bay Realty Trust Corp. (SBY) said Tuesday that its Board of Directors has appointed Irvin Kessler as Chairman of the Board, effective upon the contingent resignation of Brian Taylor, the current Chairman of the company's Board of Directors. Kessler has served as Vice-Chairman of the Board...

Buckeye Partners L.P. (BPL) said Tuesday it has completed its $860 million purchase of an 80 percent interest in Buckeye Texas Partners LLC. Buckeye Texas Partners LLC and its subsidiaries, which are owned jointly with Trafigura AG, will own and operate a vertically integrated system of midstream...

Cloud service provider Rackspace (RAX) Tuesday named Taylor Rhodes as its chief executive officer and a member of the board, effective immediately. Rackspace co-founder, Graham Weston, who has served as CEO and chairman since February, now is non-executive chairman of the board. Rhodes is a Rackspace...

Apogee Enterprises, Inc. (APOG) reported net income for the second quarter of $16.8 million or $0.57 per share, compared to $6.1 million or $0.21 per share for the year-ago quarter. Excluding a $0.22 per share tax credit, adjusted earnings per share for the latest quarter were $0.35. Net sales...

Drive-in restaurants chain Sonic Corp (SONC) said Tuesday that for the fiscal year 2015, it expects earnings per share growth at the higher end of its long-term 14 to 15 percent growth target. The outlook for fiscal 2015 anticipates the following elements: positive same-store sales in the low single...