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RioCan Real Estate Investment Trust (REI_UN.TO) on Friday said it will buy Kimco Realty Corp's (KIM) 50% interest in two Canadian properties held in the RioKim joint venture, Brentwood Village and Grand Park, as part of a trade transaction. As per the terms of the deal, RioCan will buy Kimco's 50%...

Clean energy solutions provider Alter NRG Corp (NRG.TO) on Friday said it has agreed to be acquired by Harvest International New Energy Inc for C$5.00 in cash per share, or about C$147 million. The Harvest offer represents a 159% premium to Alter NRG's closing price on the Toronto Stock Exchange...

Valeant Pharmaceuticals International Inc. (VRX, VRX.TO) announced the closing of its registered offering of common shares in the United States. As per the Offering, the Company issued 7.29 million common shares at a price of $199.00 per share, for aggregate gross proceeds of approximately $1.45 billion. The...

Oil ETFs had a strong week, boosting by tensions in the Middle East revolving around the chaos in Yemen. Analysts say Saudi Arabia and Iran are fighting a proxy battle for control of Yemen, where fighting has raged between rebels and government forces. A Saudi-led coalition has led air strikes...

Raytheon Co. (RTN) announced that its United Kingdom subsidiary, Raytheon Systems Limited or RSL, also known as Raytheon U.K., has reached an amicable settlement with the United Kingdom Home Office — successfully concluding a long-running dispute with the U.K. Home Office regarding the July 2010 termination...

Carnival Corporation & plc (CCL, CCL.L, CUK) reported first-quarter net income of $49 million or $0.06 per share, compared to a loss of $20 million or $0.03 per share, prior year. Adjusted net income was $159 million or $0.20 per share, for the quarter. On average, 14 analysts polled by Thomson Reuters...

CST Brands Inc. (CST) and CrossAmerica Partners LP (CAPL) announced that Joe Topper, the Chief Executive Officer and President of CrossAmerica, has decided to retire as CEO effective September 30, 2015. Topper will resign as President of CrossAmerica effective immediately and Jeremy Bergeron, who...

Ford Motor Company (F) published its Annual Report and Proxy Statement. The company noted that its proxy statement outlines three company and two shareholder proposals. Ford's Annual Meeting will be conducted on May 14 in Wilmington, Delaware.

WuXi PharmaTech (Cayman) Inc. (WX) announced that an Investigational New Drug or IND application for WuXi MedImmune's novel anti-IL6 monoclonal antibody for rheumatoid arthritis has been accepted for review by the China Food and Drug Administration or CFDA. In September 2012, MedImmune, the global...

Hecla Mining Company (HL) and Revett Mining Company Inc. (RVM, RVM.TO) announced they have entered into a merger agreement pursuant to which Hecla will acquire Revett. Each outstanding common share of Revett will be exchanged for 0.1622 of a common share of Hecla. Following the merger, Hecla intends...

The Dow Chemical Co. (DOW) and Olin Corp. (OLN) said their boards of directors unanimously approved a definitive agreement for Dow to separate a significant portion of its chlorine value chain and merge that new entity with Olin in a transaction valued at $5 billion. The deal includes $2.0 billion...

Athletic gear retailer Finish Line, Inc. (FINL) posted fourth-quarter net income attributable to the company of $40.8 million, down from $43.0 million in the comparable quarter last year. Earnings per share attributable to company shareholders were $0.87, same as last year. On a non-GAAP basis, earnings...

Biogen (BIIB) and AbbVie (ABBV) announced that the European Medicines Agency (EMA) has validated the companies' Marketing Authorisation Application (MAA) for ZINBRYTA (daclizumab high-yield process) for the treatment of relapsing forms of multiple sclerosis in the European Union. The companies said the...

BlackBerry Limited (BBRY, BB.TO) reported fourth-quarter net income of $28 million or $0.05 per share, compared to a loss of $423 million or $0.80 per share, prior year. Non-GAAP profit was $20 million, or $0.04 per share, for the quarter. On average, 29 analysts polled by Thomson Reuters expected...

Outdoor sports lifestyle company Quiksilver, Inc. (ZQK) Friday said its president Pierre Agnes has been promoted to Chief Executive Officer and added to the Board of Directors. He succeeds Andy Mooney who is no longer with the company. In addition, Greg Healy, Quiksilver's APAC Region President,...

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