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EMCORE Corp (EMKR) said Wednesday it has agreed to sell its Space Photovoltaics business to an affiliate of private equity firm Veritas Capital for $150 million in cash. The transaction is expected to close in December 2014 or January 2015. In connection with this transaction, an affiliate of...

WhiteWave Foods Coy (WWAV), a consumer packaged food and beverage company, Wednesday agreed to acquire So Delicious Dairy Free from its existing shareholders, led by Wasserstein & Co., for about $195 million in cash. Best known for its plant-based beverages, creamers, cultured products and frozen...

Air filter maker Clarcor Inc. (CLC), Wednesday reported a surge in profit for the third quarter, driven mainly by a 38 percent jump in revenue and stronger margins. Nevertheless, revenues for the quarter fell short of Wall Street estimates, while earnings beat expectations. Franklin, Tennessee-headquartered...

Dollar General Corp. (DG) said Wednesday that it remains committed to acquiring Family Dollar Stores, Inc. (FDO) in a deal that would deliver superior value to Family Dollar shareholders and is capable of being completed on the terms proposed. Dollar General also said that it remains confident in...

Scientific instruments maker Agilent Technologies Inc (A), Wednesday named Mike McMullen as chief executive officer, effective March 18, 2015. McMullen, currently senior vice president and president of the company's Chemical Analysis Group, will succeed William Sullivan. Sullivan will remain an advisor...

Five Star Quality Care Inc (FVE), a senior living and healthcare services company, Wednesday reported fourth-quarter net loss of $5.4 million or $0.11 per share compared with a profit of $1.6 million or $0.03 per share last year. Results for the recent quarter included a loss from discontinued operations...

Cardiovascular Systems, Inc. (CSII) said Wednesday that its chairman of the board, Glen Nelson, plans to retire and will not stand for re-election at the company's 2014 annual meeting of shareholders on November 12, when his term ends. In appreciation for his 11 years of service as a Cardiovascular...

United Natural Foods Inc (UNFI) Wednesday reported a better-than-expected increase in fourth-quarter profit, helped by a seven percent rise in sales, partly offset by lower margins. The company detailed a strong outlook for fiscal year 2015, sending its shares up 6 percent in after-hours trade on...

Clarcor Inc. (CLC) reported net income for the third quarter of $41.7 million or $0.82 per share, compared to $28.7 million or $0.57 per share for the year-ago quarter. Excluding items, adjusted net income for the third quarter was $42.1 million or $0.83 per share, compared to $33.7 million or $0.67...

Pier 1 Imports Inc. (PIR) Wednesday reported a plunge in profit for the second quarter despite a 6 percent increase in revenues, reflecting lower gross margins and higher operating costs. Pier 1 shares took a beating after the home furnishing retailer lowered its full-year earnings outlook. Fort Worth,...

Office furniture maker Herman Miller Inc (MLHR), Wednesday reported an increase in profit for the first quarter, driven mainly by a nine percent growth in sales. Earnings for the quarter came in line with Wall Street estimates, while sales trumped expectations. Moving ahead, Herman Miller provided a...

Parkland Fuel Corp (PKI.TO), a marketer of fuel and petroleum products, Wednesday agreed to buy the assets of Pioneer Energy for C$378 million, subject to the satisfaction of closing conditions and adjustments. The deal price includes $259 million in cash, $119 million in common shares of Parkland,...

Agilent Technologies Inc. (A) said Wednesday that Mike McMullen, senior vice president, Agilent, and president of the company's Chemical Analysis Group, will succeed William Sullivan as chief executive officer on March 18, 2015. Sullivan will remain as an advisor through the end of the company's...

Scientific instruments maker Agilent Technologies Inc (A) said Wednesday its board approved the separation of its electronic measurement subsidiary, Keysight Technologies Inc, and declared a special dividend distribution of all outstanding shares of Keysight's common stock to Agilent shareholders. For...

Flexion Therapeutics Inc (FLXN) said Wednesday the U.S. Food and Drug Administration informed the company that a clinical hold has been placed on patient enrollment and dosing in an ongoing Phase 2b clinical trial evaluating FX006 in patients with osteoarthritis of the knee. Following the announcement,...