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Futures exchange operator CME Group Inc (CME), Wednesday agreed to acquire Fenics and Trayport businesses of GFI Group Inc (GFIG) as part of efforts to expand into the European energy and global foreign exchange markets. Fenics is a single interface for pricing, trading, risk management and straight-through...

Cousins Properties Inc. (CUZ) said Wednesday that it has priced an underwritten public offering of 18 million shares of its common stock for expected gross proceeds of $224.1 million before underwriting discounts and commissions and estimated offering expenses payable by the company. The offering...

eGain Corp. (EGAN) said Wednesday that it has agreed to buy Exony Ltd., an innovative contact center software provider, for a purchase price of about $16.1 million, consisting of about $8 million payable in cash and $8 million payable through the issuance of about 1,209,000 shares of eGain common stock....

Lorillard Inc (LO) on Wednesday reported a 4 percent decline in second-quarter profit, hurt by lower demand for its electronic cigarettes amid stiff competition in the segment, with earnings falling short of Wall Street estimates. Lorillard, which is being bought by Reynolds American Inc (RAI), said...

ConocoPhillips (COP) said Wednesday that it has completed the deal with Oando Energy Resources, a subsidiary of Oando PLC, for the sale of its Nigeria upstream business for a total sales price, after customary adjustments, of $1.5 billion. The sales price is inclusive of $550 million of deposits...

Navigational devices maker Garmin Ltd. (GRMN), Wednesday reported an increase in profit for the second quarter, driven largely by sales growth at its fitness and aviation segments, with both earnings and revenue beating Wall Street estimates. Moving ahead, the company lifted its full year financial outlook...

Financial information provider Thomson Reuters Corp (TRI, TRI.TO) Wednesday reported a marginal increase in second-quarter profit, helped mainly by double-digit growth at its tax and accounting division. Nonetheless, both earnings and revenue for the quarter came in ahead of Wall Street estimates. The...

Goodyear Tire & Rubber Co. (GT) Wednesday said its second-quarter profit increased from a year ago, despite a decline in revenues, with the tire maker reporting strong earnings at its North America and EMEA businesses while curbing costs. Earnings for the quarter trumped Wall Street estimates by a...

NQ Mobile Inc. (NQ) said Wednesday that its board of directors has received a non-binding proposal from Bison Capital Holding Co. Ltd. to acquire all of NQ's outstanding ordinary shares and American Depositary Shares, each representing five ordinary shares, for a fixed cash consideration of US$9.80 per...

Energy company Hess Corp. (HES) on Wednesday reported a 35 percent decline in profit for the second quarter from last year, reflecting lower revenues and a decline in oil and gas production. Asset sales and extended shutdowns caused by the civil unrest in Libya reduced production. However, adjusted...

Communication tower sites operator American Tower Corp. (AMT) reported Wednesday a profit for the second quarter that soared from last year, reflecting strong double-digit revenue growth and lower unrealized foreign currency losses. Both earnings per share and quarterly revenues topped analysts' expectations....

Oil refiner and chemical maker Phillips 66 (PSX) on Wednesday reported a 10 percent decrease in profit for the second quarter from last year, reflecting lower earnings at its refining as well as marketing and specialties segments. In addition, the prior-year quarter's results included a gain on asset...

Industrial automation solutions provider Rockwell Automation, Inc. (ROK) reported Wednesday a profit for the third quarter that declined from last year, despite sales growth, hurt by higher adjusted effective tax rate. Both adjusted earning per share and quarterly sales missed analysts' expectations....

Aegerion Pharmaceuticals Inc. (AEGR) announced that it has appointed Craig Fraser as its Chief Operating Officer. Prior to his appointment as COO, Fraser served as President, U.S. and International Commercial and Global Manufacturing and Supply Chain at Aegerion. Before joining to Aegerion, Fraser...

Heartland Payment Systems, Inc. (HPY), a provider of card payment processing services, Wednesday said it has entered into an agreement to acquire TouchNet Information Systems, Inc., an integrated commerce solutions provider to higher-education institutions. TouchNet adds over 600 higher education...