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German technology company Rocket Internet AG said Wednesday that it has priced its initial public offering at the high end of its price range at 42.50 euros per share, valuing the company at 6.7 billion euros. The Berlin-based company had earlier announced the price range of its IPO between 35.50...

Online home-furnishing retailer Wayfair Inc on Wednesday priced its initial public offering of 11 million Class A common shares at $29 a share, above its expected range of $25 to $28 a share. In addition, the underwriters have been granted a 30-day option to purchase an additional 1.65 million shares. The...

VWR Corp. said Wednesday that it has priced an underwritten initial public offering of 25.532 million shares of its common stock at a price to the public of $21 per share, which is below its previously estimated price range of $22 to $25 per share. In connection with the offering, VWR has granted...

AAC Holdings, Inc. (AAC), the parent holding company of American Addiction Centers, Inc., said Wednesday that it has priced its initial public offering of 5 million shares of common stock at a price to the public of $15 per share, for a total of about $65.6 million of net proceeds after deducting underwriting...

New York Times Co (NYT) said Wednesday it will cut jobs as part of efforts to reduce costs and will focus on enhancing its digital presence amid faltering print ad sales. NYT said the job cuts will span all of its operations and that further details will emerge in the future. Meanwhile, a report by...

Investor shareholder advisory firm ISS Wednesday urged botox maker Allergan Inc. (AGN) to put for shareholder vote any deal that might halt the takeover attempt by Canada-based Valeant Pharmaceuticals Inc. (VRX, VRX.TO). Proxy advisory firm Institutional Shareholder Services said Allergan's board...

Qihoo 360 Technology Co. Ltd. (QIHU) said Wednesday that its Board of Directors has authorized the repurchase of up to US$200 million of the company's American Depositary Shares. The share repurchases will be funded with the company's existing cash reserves and ongoing cash flow. The company...

Escalade, Inc. (ESCA) said Wednesday that it has completed the sale of its Information Security business. Escalade sold its Information Security business, including the intimus® product line, to an unaffiliated party that is a portfolio company of PHI Fund II, F.C.R. de Regimen Simplificado, a private...

PS Business Parks Inc (PSB), a real estate investment trust, Wednesday completed the sale of two business parks, Cornell Oaks Corporate Center and Creekside Corporate Park, both located in Beaverton, Oregon, for net proceeds of about $160 million. The parks consist of 18 buildings comprising approximately...

JP Energy Partners LP said Wednesday that it has priced its initial public offering of 13.75 million common units representing limited partner interests in JPE at $20 per common unit, which the mid-point of the previously estimated price range of $19 to $21 per common unit. JPE has granted the underwriters...

NewLink Genetics Corp (NLNK), a biopharmaceutical company, Wednesday named Jack Henneman as executive vice president and chief financial officer, effective immediately. Henneman replaces Gordon Link, Jr. Henneman has more than 20 years of financial and operational management experience in the life...

Canadian fertilizer producer Agrium Inc. (AGU.TO, AGU) said Wednesday that it expects third quarter earnings from continuing operations to be in the range of US$0.45 to US$0.55 per share. The company also said it expects fourth quarter earnings from continuing operations to be similar to net earnings...

Republic Services Inc (RSG), Wednesday announced the acquisition of one of Southern California's largest independent solid waste companies, Rainbow Disposal Co Inc. The deal further enhances Republic's Southern California footprint, and reinforces the company's growth strategy to expand its operations...

Allegiant Travel Co. (ALGT) said Wednesday that President and Chief Operating Officer Andrew Levy has resigned from his executive positions with the company and will step down from the Allegiant board. For the past 13 years, Levy has led Allegiant in a variety of roles, including most recently as...

Bank of America Corp (BAC) said Wednesday its board elected Brian Moynihan as chairman, in addition to his current role as chief executive officer, effective immediately. Moynihan succeeds Charles "Chad" Holliday, Jr., who will remain a member of the Board. "On behalf of the board and our shareholders,...