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North Atlantic Drilling Ltd. (NADL) on Wednesday reported an increase in profit for the third quarter, driven by strong revenue performance at Norway and Russia geographic segments. However, earnings for the quarter fell short of Wall Street estimates, while revenues trumped expectations. The offshore...

Tessera Technologies Inc (TSRA) Wednesday announced that a California state appellate court affirmed a lower court ruling denying a petition by Amkor Technology Inc (AMKR) to correct an arbitration award that the International Court of Arbitration of the International Chamber of Commerce issued in July...

Mercer International Inc. (MERC, MRI_U.TO) said Wednesday that it has completed its private offering of $250 million in aggregate principal amount of 7.000% senior notes due 2019 and $400 million in aggregate principal amount of 7.750% senior notes due 2022. The Notes of each series were issued at...

French dairy giant Danone SA (DANOY) is mulling the sale of its 20 percent stake in Japanese dairy-drink producer Yakult Honsha Co. for about $2 billion, according to a Bloomberg report on Wednesday. Danone is the biggest shareholder of Yakult Honsha. The report indicated that Danone has held internal...

Principal Financial Group Inc. (PFG), a provider of retirement savings and insurance products, said Wednesday that its board of directors has named company veteran Daniel Houston as president and chief operating officer of the company, with immediate effect. Houston was also elected to the company's...

Firearms maker Smith & Wesson Holding Corp. (SWHC) announced that it agreed to acquire Battenfeld Technologies Inc., a provider of hunting and shooting accessories, for $130.5 million in cash, subject to certain adjustments. Battenfeld Technologies is being acquired from Clearview Capital, a private...

The Principal Financial Group (PFG) announced that it has named Daniel Houston president and chief operating officer or COO, effective immediately. The company said Houston will oversee all global businesses including Principal Global Investors, Principal International, Retirement and Investor Services,...

North Atlantic Drilling Ltd. (NADL) Wednesday said its third-quarter profit increased with higher revenues, helped by revenue contribution from Russia and Norway. Further, its board decided to suspend the regular quarterly cash dividends, as it believed to be the responsible course of action. Net...

EE Ltd., the UK's largest mobile operator, said Wednesday that its joint shareholders, Deutsche Telekom AG (DTEGY.PK) and Orange SA (ORAN), are in exploratory talks about a sale of the company to fixed-line operator BT Group plc. (BT_A.L, BT). EE noted that Germany's Deutsche Telekom and French telecom...

Gramercy Property Trust Inc. (GPT), a real estate investment trust, Wednesday said it closed the acquisition of about 204,000 square foot warehouse and distribution facility located in Morrow, Georgia, Atlanta MSA. The property was acquired all-cash for a purchase price of around $7.0 million. According...

Stealthgas Inc. (GASS), a ship-owning company primarily serving the liquefied petroleum gas or LPG sector of the international shipping industry, announced that its Board of Directors has approved a share repurchase program and authorized the officers of the company to repurchase, from time to time,...

Credit card lender Capital One Financial Corp (COF) Wednesday announced that Capital One ShareBuilder is introducing new promotional offers designed to help self-directed investors build their nest eggs and enhance their portfolios, so that they can work toward long-term investing goals. Beginning...

Two Harbors Investment Corp. (TWO) said that, effective January 1, 2015, Robert Rush would assume the role of the company's Chief Risk Officer. Paul Richardson, who has served as the company's Chief Risk Officer over the past several years, will remain in his role as Partner and Chief Risk Officer...

Xinyuan Real Estate Co., Ltd. (XIN), a residential real estate developer with a primary focus on high growth cities in China, said it has completed the redemption of all of its 5% senior secured convertible notes due 2018. The firm originally announced on November 11, 2014 its intention to fully redeem...

Eltek Ltd. (ELTK) Wednesday reported third-quarter net loss attributable to the company of $532 thousand, compared to a profit of $585 thousand in the prior year. Loss per share was $0.05, as against earnings of $0.09 per share last year. During the third quarter of 2014, the company recorded one-time...