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German sports goods giant Adidas AG (ADDYY.PK, ADDDF.PK) Wednesday said that with approval of the Supervisory Board, its Executive Board resolved to return up to 1.5 billion euros in total to the firm's shareholders over the next three years, primarily in the form of share buybacks. In addition,...

UBM Plc. (UBM.L, UBMJF.PK), an events-led marketing and communications services provider, Wednesday announced that it has proposed to buy US rival VSS-AHC Consolidated Holdings Corp., also known as Advanstar Communications, for a total cash consideration of $972 million or 599 million pounds. The company...

Nanoco Group Plc. (NANO.L), a developer and manufacture of cadmium-free quantum dots and other nanomaterials, announced the appointment of Keith Wiggins in the newly created role of Chief Operating Officer. Keith joins the Company, and Nanoco's Board, with immediate effect. Keith began his career...

Constellium N.V. (CSTM) said it was granted an additional contract to supply can stock to beverage can maker Rexam PLC (REX.L, REXMY.PK). Pursuant to this agreement, Constellium would support Rexam's decision to convert all the can production lines of their two Spanish plants, La Selva and Valdemorillo,...

Diageo plc (DGE.L, DEO) issued a summary of the board appointments announced by United Spirits Limited after its annual general meeting held on 30 September 2014. Diageo is the majority shareholder in USL with a 54.78% interest and continues to be entitled to appoint its nominees to the roles of CEO...

J Sainsbury Plc (JSAIY.PK, SBRY.L), the parent company of British supermarket chain Sainsbury's Supermarkets Ltd., Wednesday said its second-quarter total retail sales declined by 0.8 percent, excluding fuel, and down 2.3 percent, including fuel. On a like-for-like basis, quarterly sales dropped by 2.8...

WS Atkins plc (ATK.L) said that it acquired Houston Offshore Engineering, LLC or "HOE", a oil and gas offshore engineering business based in Houston, Texas, for $73 million or approximately 45 million pounds. HOE has specialist experience in the design of offshore deepwater floating production platforms...

Telefonica SA's (TDE.L, TEF) Telefonica Deutschland has completed the acquisition of Dutch Telecom operator Royal KPN NV's (KPN, KKPNY.PK, KKPNF.PK) German mobile telecom business the E-Plus Group. With the European Commission confirming clearance and the capital increase being successfully completed,...

Telefónica Deutschland Holding AG (TDE.L, TEF) announced it has completed the acquisition of the E-Plus Group. The European Commission has confirmed clearance and the capital increase has been successfully completed. E-Plus will be a 100 percent subsidiary of Telefónica Deutschland. The Management Board...

Lenovo Group Ltd. (LNVGF.PK, LNVGY.PK) and IBM (IBM) said they have completed the initial closing for Lenovo's acquisition of IBM's x86 server business under the terms described September 29. Lenovo is acquiring System x, BladeCenter and Flex System blade servers and switches, x86-based Flex integrated...

Novartis AG (NVS) said Wednesday, on the first-ever International Urticaria Day, that 15 abstracts from the Novartis specialty dermatology portfolio would be presented at the European Association of Dermatology and Venereology or EADV Congress, 8-12 October, in Amsterdam, Netherlands. The abstracts...

Cannabis Sativa, Inc. (CBDS), development-stage company for plant-derived lotions, creams, and other formulations, announced Wednesday the appointment of three new independent directors. They are Former LAPD Deputy Police Chief and T.V. producer Stephen Downing, Former Senator Mike Gravel, and Former...

Mitsubishi Electric Corp. (MIELF.PK, MIELY.PK) Wednesday said it has completed its Elevators and Escalators QM (Quality & Manufacturing) center to develop and test global models, at the same time nurturing related personnel skills and know-how. The facility is located at the company's Inazawa Works...

Ford Motor Company of Canada, Limited's Oakville Assembly plant will add more than 1,000 hourly jobs as it ramps up its transformation into one of Canada's most competitive and advanced global manufacturing plants. Oakville Assembly will expand capabilities with new jobs added across the plant. Joe...

Networking gear maker Cisco Systems, Inc. (CSCO) revealed that its Chairman and Chief Executive Officer John Chambers received a 2014 total compensation that was 21.6 percent lower than last year. The cut comes as he received lower performance-based compensation as the company failed to meet its profit...