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Software giant Microsoft Corp. (MSFT) revealed on its official blog that its acquisition of substantially all of the devices & services business of handset maker Nokia Corp. (NOK) is set to close on Friday, April 25. The deal was agreed upon on September 3, 2013, and was originally expected to close...

Homebuilding and mortgage banking company NVR, Inc. (NVR) Monday reported a 32 percent decline in first-quarter profit, reflecting a sharp fall in mortgage banking income hurt by a competitive mortgage lending market. Homebuilding revenues and margins, however, increased from last year. The shares are...

Energy drink maker Monster Beverage Corp. (MNST) said Monday that it has agreed to settle a long-standing securities class action lawsuit that was filed against the company and two of its officers in federal district court in Los Angeles. The settlement agreement, entered into by the company on April...

Mobile devices and networks firm Nokia Corp. (NOK) announced Monday that it expects the transaction whereby the company will sell substantially all of its Devices & Services business to Microsoft Corp. (MSFT) to close on April 25, 2014. The transaction is now subject only to certain customary closing...

The United Automobile Workers or UAW announced Monday it is withdrawing objections filed with the National Labor Relations Board or NLRB regarding February's vote at the Volkswagen (VLKAY.PK, VOW.BE, VKW.L) plant in Chattanooga, effectively terminating the NLRB review process. UAW President Bob King...

DGSE Companies, Inc. (DGSE), jewelry and bullion products dealer, Monday said James Vierling has resigned as chief executive officer and director to accept a position with the precious-metals conglomerate Elemetal, LLC, which is the largest shareholder of DGSE. The company has named James 'Dusty'...

mCig Inc. (MCIG.OB) announced that its wholly owned subsidiary VitaCig Inc. has filed a Form S-1 with the Securities and Exchange Commission or SEC for the registration of 250 million VitaCig shares that will be paid out to mCig shareholders as a dividend on the record date. The record date has now been...

Quest Diagnostics (DGX), a provider of diagnostic information services, completed the previously announced acquisition of Summit Health, which provides on-site prevention and wellness services. Financial terms were not disclosed. The combined business will be referred to as Quest Diagnostics Health...

Hillshire Brands Co. (HSH) and Catterton Partners, a consumer-focused private equity firm, announced that Hillshire Brands has agreed to acquire Catterton portfolio company Van's Natural Foods. Hillshire Brands would pay $165 million for Van's, which is likely to have net revenues of nearly $60 million...

Cass Information Systems Inc. (CASS), a provider of transportation, energy, telecom and environmental invoice payment and information services, reported first quarter 2014 net income of $5.81 million, down from $6.03 million in 2013. Quarterly earnings were $0.50 per share, a 4% decline from the $0.52...

Blucora, Inc. (BCOR) has reached a definitive agreement to acquire the assets and operations of HowStuffWorks, a trusted digital information resource, from Discovery Communications (DISCA). The all-cash transaction may close in the second quarter of 2014. Founded in 1998, HowStuffWorks offers credible,...

NVR, Inc. (NVR), a homebuilding and mortgage banking company, Monday said first- quarter profit declined from the prior year, despite a rise in revenues. Net income decreased to $23.85 million or $5.16 per share from $35.04 million or $6.84 per share in the previous year. On average, 10 analysts polled...

Tennant Company (TNC) reported net earnings of $5.8 million, or $0.31 per share, for the first quarter ended March 31, 2014, compared to $5.1 million, or $0.27 per share, previous year. On average, four analysts polled by Thomson Reuters expected the company to report profit per share of $0.31 for...

Impax Laboratories Inc.(IPXL) said Monday that it appointed Frederick Wilkinson as its President and Chief Executive Officer effective April 29, 2014. Wilkinson, who previously served as President, Actavis Global Research and Development at Actavis plc succeeds Larry Hsu, who is retiring. Wilkinson,...

Climate control products maker Lennox International Inc. (LII) on Monday reported a profit for the first quarter that more than doubled from last year, reflecting higher revenues at its residential and commercial segments. This was partly offset by lower revenues at the company's refrigeration business. Looking...