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A. Schulman Inc (SHLM), a supplier of plastic compounds and resins, on Monday reported third-quarter net loss to equity holders of $9.9 million or $0.34 per share compared with a profit of $19 million or $0.65 per share last year. Excluding acquisition costs, restructuring charges and other one-time...

Chipmaker Advanced Micro Devices, Inc. (AMD) it now expects second quarter revenue to decrease about 8% sequentially, compared to its prior guidance of down 3%, plus or minus 3%. Analysts polled by Thomson Reuters currently expect the company to post second quarter revenue of $999.55 million, implying...

Huron Consulting Group Inc (HURN), a provider of business consulting services, on Monday said it has acquired Rittman Mead India, the Indian affiliate of data and analytics consulting firm Rittman Mead Consulting Ltd. The financial terms of the deal were not disclosed. Huron said the addition of Rittman...

MSC Industrial Supply Co. said Monday that it has appointed Rustom Jilla as Executive Vice President and Chief Financial Officer, effective July 20. Jilla succeeds Jeff Kaczka, who will be retiring from MSC as previously announced following a short transition period. Jilla, 54, most recently...

Freshpet, Inc. (FRPT) said Monday that it has promoted Scott Morris from Chief Marketing Officer to Chief Operating Officer. Morris will now be responsible for sales and marketing, innovation, and Freshpet Fridge operations. Morris is a co-founder of Freshpet and has over 20 years of experience...

Electric and gas utility Fortis Inc (FTS.TO) on Monday said it has agreed to sell the hotel assets of Fortis Properties Corp to a private investor group for $365 million. The portfolio comprises 22 hotels located in seven Canadian provinces. The deal is expected to be completed in the fall of 2015....

Cardtronics, Inc. (CATM), the world's largest retail ATM owner/operator, said Monday that it has completed its acquisition of Columbus Data Services, LLC for about $80 million, subject to customary closing adjustments. Founded in 1999, Dallas, Texas-based Columbus Data Services is an independent...

TeleCommunication Systems Inc (TSYS), a provider of wireless communication technology, on Monday said its board has established a special committee comprising independent directors to explore strategic alternatives to enhance stockholder value. The special committee has retained independent legal...

Package delivery company UPS (UPS) on Monday said it is testing an electrically supported cargo bike for the delivery and pickup of packages in downtown Basel, Switzerland. UPS is exploring the economic and ecological viability of this alternative mode of transportation for city-center delivery over...

Discount retailer Dollar Tree, Inc. (DLTR) said Monday that it has completed the acquisition of rival Family Dollar Stores, Inc. Under the deal first announced and unanimously approved by each company's Board of Directors in July 2014, Family Dollar shareholders are entitled to receive $59.60 in cash...

American Apparel Inc. (APP) on Monday detailed a restructuring plan to close under-performing stores and cut workforce in order to curb operating costs. However, the struggling teen-apparel retailer issued a caution that the restructuring initiatives may not guarantee sufficient funding to meet its requirements....

Silicom Ltd. (SILC) said Monday that it now expects second quarter revenues to be in the range of $16.8 million to $17.2 million, below the company's previous expectations. Based on current demand and the schedule of new customer product launches, the company forecast third quarter revenues of $18...

Olin Corp. (OLN) said Monday that it has received all the foreign regulatory approvals required to close its pending merger of Dow Chemical Co.'s (DOW) chlorine value chain with Olin. The deal is still subject to Olin shareholder approval and other customary closing conditions. The deal is expected...

Philip Morris International Inc. (PM) plans to sell over $1 billion worth of shares in its Indonesian operation, the Wall Street Journal reported citing people familiar with the matter. The report noted that Philip Morris has tapped investment banks including Goldman Sachs Group Inc., Credit Suisse...

JPMorgan Chase (JPM) announced that Stacey Friedman, General Counsel of the company's Corporate & Investment Bank, will succeed Steve Cutler as General Counsel of the firm early next year, when Cutler will be appointed Vice Chairman of the firm. Friedman will report to Cutler and act as his deputy...

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