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CHC Group Ltd. (HELI) announced definitive agreements for Clayton, Dubilier & Rice managed funds to invest $500 million in the company through the purchase of convertible preferred shares to be issued in a private placement. CHC plans to use proceeds from the investment primarily to reduce debt and...

Specialty technology products distributor ScanSource, Inc. (SCSC) reported Thursday a profit for the fourth quarter compared to a loss last year, which was weighed down by hefty impairment charges. Adjusted earnings per share topped analysts' expectations by a penny. The company also provided earnings...

Home accessories and housewares retailer Tuesday Morning Corp. (TUES) on Thursday reported a loss for the fourth quarter that narrowed from last year on higher sales and lower expenses. Excluding business turnaround charges, adjusted loss for the quarter also narrowed, but came in wider than analysts'...

Agrium Inc. (AGU.TO, AGU) said Thursday that Steve Douglas has accepted the position of Senior Vice President and Chief Financial Officer, effective November 3. Steve comes to Agrium from Brookfield Asset Management Inc. (BAM) where he was Senior Managing Partner and CFO of Brookfield Property Partners...

Precision dispensing equipment maker Nordson Corp (NDSN), Thursday reported a better-than-expected increase in third-quarter profit, aided by double-digit sales growth and improved operating margin. The company provided its earnings guidance for the fourth quarter in line with Wall Street estimates,...

Ixia (XXIA) said Thursday that it has appointed Bethany Mayer as president and chief executive officer effective the day after the company becomes current in its periodic filings with the Securities and Exchange Commission. Mayer will also join Ixia's board of directors. Mayer brings over 25 years...

Chip-design software maker Mentor Graphics Corp. (MENT), Thursday reported a drop in profit for the second quarter, as higher revenues were offset by increase in operating costs. Nevertheless, both earnings and revenues for the quarter came in ahead of analysts estimates. Wilsonville, Oregon-based...

Marvell Technology Group Ltd (MRVL) Thursday reported a better-than-expected jump in second-quarter profit, as demand for its chips used in mobile phones and storage devices lifted sales by 19 percent. Nonetheless, the company provided weak guidance for the third quarter. Marvell, based in Hamilton,...

Specialty grocery retailer The Fresh Market Inc (TFM), Thursday reported a decline in profit for the second quarter, hurt mainly by store closures and exit costs that offset a double-digit growth in revenues. Nonetheless, both earnings and revenues for the quarter came in ahead of Wall Street estimates. Looking...

Brocade Communications Systems Inc (BRCD) Thursday reported a better-than-expected third-quarter profit, helped by strong increase in margins and higher revenue. "With another solid quarter behind us, we are seeing the tangible benefits of our data center focused strategy," said CEO Lloyd Carney....

Aetna Inc. (AET) and Washington Hospital Healthcare System said Thursday that the two organizations have signed a new three-and-a-half year contract. The new contract, which takes effect on September 1, will give Aetna HMO, PPO and Medicare Advantage members in-network access to Washington Hospital...

MICROS Systems, Inc. (MCRS) reported net income for the fourth quarter of $56.0 million or $0.74 per share, compared to $42.0 million or $0.53 per share for the year-ago quarter. Excluding items, adjusted net income for the fourth quarter was $63.5 million or $0.84 per share, compared to $48.9 million...

GameStop Corp. (GME) Thursday reported a surge in profit for the second quarter, as the video-game retailer's revenues jumped 25 percent credited largely to strong demand for next-gen consoles Xbox One and PlayStation 4. Both earnings and revenues for the quarter came in ahead of Wall Street expectations. Moving...

Struggling teen-apparel retailer Aeropostale Inc. (ARO), Thursday said its second-quarter loss widened from a year ago, as revenues and margins continued to plunge. Loss for the quarter was lesser than what Wall Street estimated, while revenues also beat expectations. Moving ahead, the retailer detailed...

Nordson Corp. (NDSN) Thursday reported third-quarter net income of $77.9 million or $1.21 per share, compared to $65.4 million or $1.01 per share in the comparable quarter last year. Adjusted earnings for the latest third quarter were $1.20 per share, up from $0.99 per share in the prior year quarter....