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3M Co. (MMM) said Friday that it has filed a patent infringement lawsuit in Düsseldorf, Germany against Dental Direkt GmbH located in Spenge, Germany. The lawsuit alleges infringement of 3M's patent rights by Dental Direkt's zirconia CAD/CAM blocks sold under the brand "DD Bio Z" and "DD Bio ZX2 translucent"...

Bunge North America, the North American operating arm of Bunge Ltd. (BG), said Friday that it has bought the assets of Heartland Harvest, Inc., a producer of die cut pellets used to make extruded foods. Financial terms of the deal were not disclosed. Heartland Harvest produces die cut pellets...

Low inflation should not keep the Federal Reserve from raising interest rates in June, Richmond Federal Reserve President Jeffrey Lacker said Friday. His remarks came hours after another blockbuster jobs report cemented the belief that the U.S. economic recovery is well on track. "If we're confident...

BlackRock (BLK) said its iShares division has launched the iShares Short Maturity Municipal Bond ETF (MEAR). The move by iShares, the world's largest manager of exchange traded funds, is part of efforts to boost its lineup of fixed income ETFs. iShares Short Maturity Municipal Bond ETF is actively...

Canadian telecommunications services provider Telus Corp (TU, T.TO) on Friday said it has purchased 15 MHz of AWS-3 spectrum in Canada for $1.5 billion at a recent auction. The company said the licenses complement the 16.1 MHz of national AWS spectrum it purchased in 2008, which now forms the bulwark...

Interface Security Systems Holdings, Inc. , a leading North American provider of Internet Protocol or "IP" Bundled Managed physical security and secured managed network services, announced that it has been selected by Family Dollar, Inc. (FDO) as its IP Managed Service Provider across its entire retail...

S&P Dow Jones Indices LLC, a part of McGraw Hill Financial (MHFI), said that Apple Inc. (AAPL) will replace AT&T Inc. (T) in the Dow Jones Industrial Average or DJIA after the close of trading on Wednesday, March 18. The change will be effective with the opening of trading on Thursday, March 19. The...

Eli Lilly and Co. (LLY) Friday received an unfavourable verdict in the German court of appeal on exclusivity of its vitamin regimen Alimta or pemetrexed disodium. The court said the generic competitor Actavis Plc's (ACT) dipotassium salt form of pemetrexed would not infringe Alimta. The patent for the...

Crude oil prices fell Friday morning as the dollar continued its assault on major currencies after a strong U.S. jobs report. The U.S. created 295,000 jobs in February and the unemployment rate fell to 5.5% from 5.7%, the Labor Department said, fueling speculation the Federal Reserve is going to raise...

Alcoa (AA) said over the next twelve months it will review 500,000 metric tons of smelting capacity and 2.8 million metric tons of refining capacity for possible curtailment or divestiture. The review will include facilities across the Alcoa system. It is continuing to aggressively transform its upstream...

One of America's most famous tech investors sees private investors getting crushed in a race to make money on apps. "Small individual investors are putting their money into apps with no chance of getting their money back," billionaire Mark Cuban told CNBC as the tech-heavy Nasdaq hit 5,000 for the...

Piedmont Natural Gas Co. Inc. (PNY) reported a first-quarter net income of $92.98 million or $1.18 per share, compared to $97.57 million or $1.26 per share in the year-ago quarter. On average, analysts polled by Thomson Reuters expected the company to earn $1.22 per share. Analysts' estimates typically...

MaxPoint Interactive, Inc., announced that it has priced its initial public offering of 6.5 million shares of its common stock at $11.50 per share, before underwriting discounts. The shares are expected to begin trading on the New York Stock Exchange on Friday under the symbol "MXPT". The company...

Axcelis Technologies, Inc. (ACLS) said it has reached an agreement with Vertex Capital Advisors, LLC whereby the company would nominate Vertex' nominees Richard Faubert and John Kurtzweil to its Board of Directors at the company's 2015 Annual Meeting of Stockholders scheduled for May 13. In addition...

Orient Paper, Inc. (ONP), a paper manufacturer in North China, posted fourth-quarter net income of $2.2 million or $0.11 per share, compared to $3.5 million or $0.19 per share in the prior-year period. Revenue for the latest fourth quarter was $32.7 million, down 7.1% from $35.2 million in the comparable...

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