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Luxembourg-based media group RTL Group (AUO.F) reported a 51.7% fall in first-half 2014 profit attributable to shareholders to 202 million euros, from 418 million euros last year. On a reported basis, half-yearly earnings per share were 1.32 euros, significantly lower than the prior year's 2.72 euros. For...

Basilea Pharmaceutica Ltd. (BPMUF.PK) announced that the European Medicines Agency (EMA) has accepted its isavuconazole Marketing Authorization Application (MAA) for review. Basilea's MAA seeks approval of isavuconazole for the treatment of invasive aspergillosis and mucormycosis (zygomycosis) in adults. The...

German engineering company GEA Group AG (GEAGF.PK, GEAGY.PK) Thursday said its Executive Board resolved to introduce a new group structure within the scope of its "Fit for 2020" initiative. In the course of 2015, GEA will bundle the development and manufacturing of products and the provision of process...

Dutch supermarket chain Koninklijke Ahold NV (AHODF.PK, AHONY.PK) Thursday said second-quarter net income attributable to common shareholders declined to 147 million euros from 206 million euros in the previous year. Earnings per share slipped to 0.17 euro from 0.19 euro. Prior-year results have...

Micrel, Inc. (MCRL), a manufacturer of IC solutions for the high performance linear and power, LAN and timing and communications markets, said its Board of Directors authorized the repurchase of an additional $25.0 million of Micrel's common stock. This new authorization is in addition to the about...

CIM Commercial Trust Corp. (CMCT), a real estate investment trust, said its Board of Directors has approved CIM Group's recommended nominee, Charles Garner II, as Chief Executive Officer, effective August 20. Garner is a Principal at CIM Group, the manager of CIM Commercial Trust Corp. He has 30...

Mitsubishi Electric Corp. (MIELF.PK, MIELY.PK) late Wednesday said that one of its elevator and escalator manufacturing companies in China, Mitsubishi Electric Shanghai Electric Elevator Co., Ltd. or MESE, has begun operating its third factory and would complete a fourth by July 2015, aiming to double...

Warren Buffett's Berkshire Hathaway Inc. (BRK-B, BRK-A, BRKa) has agreed to pay an $896,000 civil penalty to settle charges that it violated premerger reporting and waiting requirements when it acquired voting securities of USG Corp., the Department of Justice announced Wednesday. The Justice Department's...

Air Berlin plc (AIBEF.PK), Germany's second largest airline, on Wednesday reported a turnaround to profit in the second quarter on higher revenues and lower costs. The company also announced a restructuring program aimed at returning it to sustainable profitability. Wolfgang Prock-Schauer, CEO of...

Manchester United (MANU) announced details of a new presence on LINE, one of Asia's biggest social messaging platforms, which could see the club engage with more than 490 million users across the globe. The Club's presence on the social messaging platform will allow users to access Manchester United...

Pharmaceutical and medication delivery company Hospira, Inc. (HSP) revealed in a regulatory filing on Wednesday that a federal judge has granted a temporary restraining order against the U.S. Food and Drug Administration or FDA's, decision to allow the sale of generic versions of its proprietary sedative...

Dollar General Corp. (DG) announced it has sent a letter to the board of directors of Family Dollar Stores, Inc. (FDO). Dollar General noted that Family Dollar's Form S-4, on the background of current merger agreement with Dollar Tree (DLTR), failed to mention that Dollar General representatives have...

58.com Inc. (WUBA) reported net income for the second quarter of US$11.2 million or US$0.13 per ADS, compared to US$5.0 million or US$0.03 per AADS for the year-ago quarter. Excluding items, adjusted net income for the second quarter was US$12.4 million or US$0.15 per ADS, compared to US$5.5 million...

UPS Store Inc, a unit of United Parcel Service Inc. (UPS), said Wednesday that it was among many other U.S. retailers who recently received a government bulletin regarding a broad-based malware intrusion not identified by current anti-virus software. UPS Store said it hired an IT security firm that...

CST Brands, Inc. (CST) said Wednesday that it has agreed to buy the convenience store assets, franchisor rights and associated trademarks of Nice N Easy Grocery Shoppes. Terms of the deal were not disclosed. Nice N Easy operates 77 corporate and franchise stores in Central New York. The company...