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Trian Fund Management, L.P., whose investment funds beneficially own approximately $3.5 billion of shares of The Procter & Gamble Company (PG), expressed its disappointment in P&G's decision to review and challenge the November 15, 2017 official preliminary voting tabulation by IVS Associates, Inc.,...

Laureate Education Inc. (LAUR), and Galileo Global Education, a company under the umbrella of Providence Equity, a global asset management firm, have signed an agreement for the sale of Laureate's institutions in Italy and Cyprus for a total transaction value of 225 million euros or $263 million at the...

Real estate investment company Kennedy Wilson (KW) Wednesday said it has acquired Atlas, a wholly-owned 343-unit apartment community in Issaquah, WA, for $135 million. Kennedy Wilson invested $52 million of equity, and secured a 10-year interest only loan for $84 million at a fixed-rate of 3.86%. According...

Rockwell Automation, Inc. (ROK) said its board of directors has unanimously rejected Emerson's (EMR) unsolicited proposal to acquire Rockwell Automation that was received on November 16, 2017. The company's board, in consultation with its financial and legal advisors, has thoroughly considered Emerson's...

Waddell & Reed Financial Inc. (WDR) said that Thomas Butch has stepped down as Executive Vice President and Chief Marketing Officer of Waddell & Reed Financial, Inc. and as President of Waddell & Reed, Inc. and Ivy Distributors Inc. Brent Bloss, who has served as Chief Financial Officer of the company...

Deere & Company (DE) announced, for fiscal 2018, net sales and revenues are projected to increase about 19 percent, with net income attributable to Deere & Company of about $2.6 billion. Company equipment sales are projected to increase by about 22 percent for fiscal 2018 and by about 38 percent for...

Ecopetrol S.A. (EC) announced the company expects to invest $3.5 to $4 billion in 2018, up 35% to 55% over the projected investment at year-end 2017. The plan provides that 85% of funds will be allocated to strategic investments in the exploration and production segments, with over $1 billion more invested...

Axalta Coating Systems (AXTA), which recently ended talks for a potential deal with AkzoNobel, on Wednesday confirmed that it is engaged in discussions with Japan's Nippon Paint regarding a potential acquisition of Axalta. In pre-market activity, Axalta shares were gaining around 6.3 percent to trade...

Yandex N.V. (YNDX), a European internet company, and the leading search provider in Russia, announced Wednesday that Greg Abovsky has been appointed Chief Operating Officer, effective December 1. He will succeed Alexander Shulgin, current COO, who has decided to leave the company. Abovsky will continue...

Shares of Medicrea Group climbed around 31 percent in the morning trading in Paris after the French medical devices company announced Wednesday that it has received Food and Drug Administration or FDA clearance for its IB3D range of 3D-printed Titanium interbody devices. The company also announced the...

Euromoney Institutional Investor PLC (ERM.L), a business information and events group, reported Wednesday that its fiscal 2017 profit before tax climbed 22 percent to 40.7 million pounds from last year's 33.4 million pounds. Earnings per share were 37.9 pence, up 56 percent from 24.3 pence a year ago. Adjusted...

United Utilities Group plc (UU.L, UUGRY.PK) reported profit before tax of 242.3 million pounds for the six months ended 30 September 2017 compared to 158.4 million pounds, previous year. Profit after tax decreased to 197.4 million pounds or 28.9 pence per share from 202.6 million pounds or 29.7 pence...

Tour operator Thomas Cook Group Plc. (TCKGY.PK, TCG.L) reported Wednesday that its fiscal 2017 profit after tax climbed to 12 million pounds from last year's 1 million pounds. Basic earnings per share were 0.8 pence, up from 0.3 pence last year. Underlying earnings per share were 9.3 pence, compared...

B&G Foods, Inc. (BGS), a manufacturer of branded shelf-stable and frozen foods, announced Tuesday that it has appointed Kenneth Romanzi as Executive Vice President and Chief Operating Officer, a newly created position, effective December 4. Romanzi will serve on the Company's executive management...

Rand Logistics, Inc. (RLOG), a provider of bulk freight shipping services throughout the Great Lakes Region, announced late Tuesday that it has agreed to be acquired by American Industrial Partners or AIP, a New York-based private equity firm. Under the deal terms, AIP has agreed to convert all of...

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