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Shares of Concur Technologies Inc. (CNQR) surged in extended trade on Tuesday, after Bloomberg reported that the software firm has explored a sale. The report, quoting people with knowledge of the matter, said the firm approached companies such as SAP SE (SAP) and Oracle Corp. (ORCL) to gauge their...

French luxury and retail group Kering (PPRUY, PPRUF), previously known as PPR, said Tuesday it is looking to strengthen its eyewear business by creating a separate entity that will fully control the eyewear value chain, from design to product development and supply chain, and from branding and marketing...

German clothing maker Hugo Boss AG (HUGSF.PK) Tuesday said it was informed by investment company Red & Black S.A. that it intends to place up to 7.9 million shares of the retailer in an accelerated bookbuilding process. This represents 11.2 percent of the total share capital. Red & Black is majority...

IRADIMED CORP. (IRMD) announced that it received a warning letter from the U.S. Food and Drug Administration relating to an inspection of facility that took place in April 2014. The warning letter, among other things, states that a new submission is required under Section 510(k) of the Food, Drug...

LinkedIn Corp. (LNKD) is reviewing its censorship policy in China so that content from its Chinese members that is not allowed in the Communist nation can be viewed globally, Bloomberg reported Tuesday. LinkedIn, the world's largest online professional social networking company, had expanded into...

Home Depot Inc. (HD) is working with banks and law enforcement agencies to investigate a potential breach of customer credit and debit card data from its systems, according to media reports on Tuesday. The home improvement retailer reportedly said it was looking into "some unusual activity" and if...

Perfect World Co., Ltd. (PWRD), an online game developer and operator based in China, announced that it has agreed to sell a total of 30.33 million class A ordinary shares of Shanda Games Ltd. (GAME), being the entire equity interest that Perfect World previously acquired. Perfect World will sell...

IndoorAtlas, a provider of magnetic positioning technology for indoor location, announced that it has agreed to a $10 million investment from Chinese search engine Baidu (BIDU). IndoorAtlas also announced it is signing an exclusive agreement for the Chinese market with Baidu. The company said it will...

Utilities company Pacific Gas and Electric Co (PG&E) said Tuesday that a penalty being considered by the California Public Utilities Commission (CPUC) in connection with the 2010 explosion of a natural gas transmission pipeline in San Bruno should be reasonable and take into account precedent and the...

Shaw Communications Inc (SJR_B.TO, SJR) said Tuesday it has closed its acquisition of ViaWest Inc from Oak Hill Capital Partners and other shareholders for an enterprise value of $1.2 billion. "The ViaWest acquisition provides Shaw a growth platform in the attractive North American data centre sector...

Blyth Inc (BTH), a direct to consumer marketing company, Tuesday that it and the founders and certain other preferred stockholders of its ViSalus network marketing subsidiary have reached an agreement in principle whereby the founders and those other preferred stockholders will exchange their shares...

Royal Caribbean Cruises Ltd (RCL) said Tuesday it has agreed to sell its cruise ship Celebrity Century to Exquisite Marine Ltd, a holding company led by Ctrip.com International Ltd (CTRP). Royal Caribbean said the sale will result in a non-cash loss of about $20 million dollars, which would be be...

Aviat Networks Inc (AVNW) said Tuesday its net loss for the fourth quarter widened to $12 million or $0.20 per share from $5.8 million or $0.10 per share last year. Excluding items, adjusted loss for the quarter was $0.13 per share compared with earnings of $0.01 per share a year ago. Revenues...

Danaher Corp. (DHR) Tuesday said it has appointed Thomas Joyce, Jr. as President and Chief Executive Officer, effective September 9, implementing its leadership succession plan earlier than expected. The company in April had announced the retirement plans of Lawrence Culp, Jr. as president and chief...

Epizyme Inc (EPZM), a clinical stage biopharmaceutical company focusing on genetically defined cancers, said Tuesday its Chief Financial Officer Jason Rhodes would resign from the company, effective September 30. Rhodes will be joining a venture capital firm. The company has a search underway to...