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Masonite International Corp. (DOOR) Thursday said the Board of Directors of Masonite Israel Ltd., its wholly-owned subsidiary, has decided to voluntarily seek a Stay of Proceedings from the Israeli courts in an attempt to restructure the business. The court is expected to appoint a Trustee to oversee...

Shares of Raiffeisen Bank International AG (RAIFF.PK, RAIFY.PK) increased around 6 percent in Austria after the bank reported higher profit and net interest income in its first half. This was despite higher provision for loan losses and sharply lower trading income. Profit before tax increased 10.9...

Teen-clothing retailer Aeropostale Inc (ARO), which recently revealed the appointment of its former Chief Executive Officer Julian Geiger to lead the company once again, is due to post its second quarter results. The New York-based company is expected to post a loss of $0.49 per share, wider than the...

Shares of RTL Group (AUO.F, RGLXY.PK) declined around 8 percent in the early morning trading in Brussels after the Luxembourg-based media group reported Thursday a sharp decline in first-half profit, hurt by goodwill impairment charge on RTL Hungary, the absence of prior year's gains as well as lower...

Volvo Group (VOLVY.PK) reported that deliveries from its truck operations in July 2014 amounted to 15,410 vehicles. This was a decrease of 9% compared with the year-earlier month. In July, 8,616 Volvo trucks were delivered, a decrease of 13% compared with the same month last year. On a regional basis,...

Kudelski Group (KDCXF.PK) reported growth in its first half 2014 revenues, operating income and cash flows. The Group reported half-yearly operating income of 27.7 million Swiss francs, representing a 79.9% growth year-over-year, compared with 15.4 million francs. Net income from continuing operations...

Skyepharma plc (SKP.L, SKYEY.PK) reported a loss before tax of 18.1 million pounds for the six months ended 30 June 2014, compared to a loss of 1.6 million pounds, prior year. Total loss for the period attributable to the parent widened to 17.7 million pounds from a loss of 1.7 million pounds. Loss per...

Biotechnology company Illumina Inc. (ILMN) has formed collaborative partnerships with leading pharmaceutical companies to develop a universal next-generation sequencing or NGS-based oncology test system. The system would be used for clinical studies of targeted cancer therapies with an aim of developing...

Premier Oil plc (PMO.L, PMOIY.PK) reported profit before tax of $50.4 million for the six months to 30 June 2014, compared to $214.6 million, last year. Profit for the period was $172.7 million, compared to $161.1 million, prior year. Earnings per share in cents was 31.3, compared to 29.1. Sales...

Luxembourg-based media group RTL Group (AUO.F) reported a 51.7% fall in first-half 2014 profit attributable to shareholders to 202 million euros, from 418 million euros last year. On a reported basis, half-yearly earnings per share were 1.32 euros, significantly lower than the prior year's 2.72 euros. For...

Basilea Pharmaceutica Ltd. (BPMUF.PK) announced that the European Medicines Agency (EMA) has accepted its isavuconazole Marketing Authorization Application (MAA) for review. Basilea's MAA seeks approval of isavuconazole for the treatment of invasive aspergillosis and mucormycosis (zygomycosis) in adults. The...

German engineering company GEA Group AG (GEAGF.PK, GEAGY.PK) Thursday said its Executive Board resolved to introduce a new group structure within the scope of its "Fit for 2020" initiative. In the course of 2015, GEA will bundle the development and manufacturing of products and the provision of process...

Dutch supermarket chain Koninklijke Ahold NV (AHODF.PK, AHONY.PK) Thursday said second-quarter net income attributable to common shareholders declined to 147 million euros from 206 million euros in the previous year. Earnings per share slipped to 0.17 euro from 0.19 euro. Prior-year results have...

Micrel, Inc. (MCRL), a manufacturer of IC solutions for the high performance linear and power, LAN and timing and communications markets, said its Board of Directors authorized the repurchase of an additional $25.0 million of Micrel's common stock. This new authorization is in addition to the about...

CIM Commercial Trust Corp. (CMCT), a real estate investment trust, said its Board of Directors has approved CIM Group's recommended nominee, Charles Garner II, as Chief Executive Officer, effective August 20. Garner is a Principal at CIM Group, the manager of CIM Commercial Trust Corp. He has 30...