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The DeVry Education Group (DV) announced that Lisa Wardell has been named chief executive officer of DeVry Group, effective May 24. Wardell was most recently executive vice president and chief operating officer of the RLJ Companies. Wardell has been a member of the DeVry board since 2008. Lisa Wardell...

Rambus Inc. (RMBS) said that chief financial officer Satish Rishi plans to retire from the company in the first week of August, following the filing of the company's quarterly report for the second quarter of 2016. Rambus noted that it has commenced a search for his replacement and Rishi will assist...

Coca-Cola Enterprises Inc. (CCE) said that its shareowners have approved the pending transaction to create Coca-Cola European Partners plc. CCE shareowner approval represents a key step in the process of completing the transaction. A European Union listing prospectus is expected to be finalized on or...

TransDigm Group Inc. (TDG) announced a definitive agreement to purchase ILC Holdings, Inc., the parent company of Data Device Corporation or "DDC", from Behrman Capital for a total purchase price of $1.0 billion in cash. TransDigm expects to finance the acquisition through a combination of cash on...

Valspar Corp. (VAL) said that it is withdrawing its financial and earnings guidance for fiscal 2016, in light of the proposed merger transaction with Sherwin-Williams. On March 20, 2016, Sherwin-Williams and Valspar announced that they entered into a definitive agreement pursuant to which Sherwin-Williams...

BestBuy-052416.jpg Best Buy Co., Inc. (BBY) reported first-quarter non-GAAP earnings per share from continuing operations of $0.44, an increase of 19% from $0.37, a year ago. On average, 21 analysts polled by Thomson Reuters expected the company to report profit per share of $0.35 for the quarter. Analysts' estimates typically...

Allergan plc (AGN) announced that the New Drug Application filing for oxymetazoline HCl cream 1.0%, an investigational topical prescription product for the treatment of persistent facial erythema (redness) associated with rosacea in adults, has been accepted by the U.S. Food and Drug Administration for...

Coca-Cola Co. (KO) announced a new streamlined international structure to better align its operating units against its global bottling footprint and to promote and develop key Coca-Cola leaders. International operating structure and leadership changes will be effective August 1. The company will form...

ConAgra Foods, Inc. (CAG) announced that its executive vice president and chief financial officer, John Gehring, will retire. He will remain in his current role until a successor has been named and will assist with an orderly transition. The company has initiated a search to identify a replacement for...

MSD Animal Health announced that, following a positive opinion from the Committee for Medicinal Products for Veterinary Use (CVMP), the European Medicine Agency has granted a marketing authorization for the veterinary medicinal product BRAVECTO (fluralaner). BRAVECTO Spot-On, a systemic insecticide...

GlaxoSmithKline plc (GSK.L, GSK) and Innoviva, Inc. (INVA) announced its Salford Lung Study in Chronic Obstructive Pulmonary Disease showed that Relvar Ellipta 100/25mcg achieved a superior reduction in exacerbations versus usual care, in an everyday clinical practice setting. The Salford Lung Study...

Energizer Holdings, Inc. (ENR) announced it has agreed to acquire HandStands Holding Corp. from Trivest Partners for an aggregate cash purchase price of $340 million. Energizer intends to ultimately fund the acquisition through a combination of approximately $250 million of existing cash and committed...

TOL-052416.jpg Toll Brothers, Inc. (TOL), the nation's leading builder of luxury homes, reported second-quarter net income of $89.1 million, or $0.51 per share, compared to $67.9 million, or $0.37 per share, prior year. Pre-tax income increased to $140.4 million from $86.5 million. On average, 18 analysts polled by...

Fiat Chrysler Automobiles N.V. (FCAU) announced the appointment of Reid Bigland as the Chief Executive of the Alfa Romeo and Maserati brands. Reid is currently the Head of US Sales and the Chief Executive of FCA Canada, positions that he will continue to hold. The company said, Harald Wester, who...

Allied Irish Banks Plc (ALBK.L, AIBYY.PK) reported that its Net Interest Margin or NIM positive momentum continues at 2.09%, up 12bps from 1.97% in full year December 2015. New lending drawdowns increased by 17% as leading market shares in retail and business sectors in Ireland are maintained. The...

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