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Mitsubishi Motors North America, Inc., a unit of Japan's Mitsubishi Motors Corp., said Wednesday that its September vehicle sales jumped 38.9% to 5,558 units from 4001 unit in the same month last year. The American-made Outlander Sport sales surged 28.3% to 2,351 units - the best all-time September...

Shiloh Industries Inc (SHLO), a supplier of lightweighting, noise and vibration solutions, Wednesday announced its acquisition of Warren, Michigan based, Radar Industries. The purchase leverages Radar Industries' tooling technologies, strong stamping capabilities, key customer relationships and expands...

Toyota Motor Corp. (TM) on Wednesday reported a 1.7% increase in September U.S. vehicle sales to 167,279 units from 164,457 units in the same month last year. On a DSR basis, September sales were down 2.5% from a year earlier. Total car sales for the month fell 9% year over year to 85,499 units, while...

Progress Software Corp. (PRGS) said Wednesday that it has acquired BravePoint, Inc., a Georgia-based subsidiary of Chesapeake Utilities Corp. (CPK), and a provider of consulting, training and application development services designed to increase customers' profitability and competitiveness through the...

j2 Global, Inc. (JCOM) said Wednesday that it has agreed to buy Excel Micro Inc., the Philadelphia-based distributor of cloud email security and archiving solutions. Excel Micro is one of the industry's premier cloud-based email security distributors. It has built this reputation with an exceptional...

Enterprise Products Partners LP (EPD) Wednesday said it has purchased a stake in Oiltanking Partners LP (OILT) for about $4.41 billion in a cash-and-stock deal. The natural gas drilling and processing company also made an offer to buy the rest of the stake in Oiltanking Partners. Houston, Texas-based...

Beverages giant Coca-Cola Co. (KO), Wednesday announced changes to its compensation plan for executives, after being termed as excessive by investors including Warren Buffet. Coca-Cola said under the new guidelines fewer shares will be issued to management each year, transparency about equity plan...

Healthcare giant Merck & Co., Inc. (MRK) Wednesday said it completed the sale of its consumer care business to German conglomerate Bayer AG (BYR.L, BAYRY.PK, BAYZF.PK). Merck said Bayer will acquire Merck's existing over-the-counter business, including the global trademark and prescription rights...

Automaker Ford Motor Co. (F) reported Tuesday that U.S. vehicles sales for the month of September decreased 2.7 percent from last year, despite Ford Fusion, Explorer, and Transit Connect posting record sales performance. Meanwhile, retail sales improved 2 percent. Sales for passenger cars, and trucks...

Audi of America Inc., an unit of AUDI AG (AUDVF.PK), reported that its September 2014 sales increased 14.2% to 14,917 vehicles from 13,065 vehicles in the same month last year. Audi Certified pre-owned vehicles sales for the month improved 29.6% to 3,866 units from last year's 2,982 units. After...

General Motors Co. (GM) outlined its strategic plans, which include several major initiatives that the company anticipates will help it achieve 9- to 10-percent margins on an EBIT-adjusted basis by early next decade. The company's CEO Mary Barra and her executive leadership team outlined the strategic...

Deere & Company (DE) announced that James Israel, president, John Deere Financial, has elected to retire after 35 years of service and it has appointed Michael Mack, Jr. as group president, John Deere Financial Services, Global Human Resources and Public Affairs. Max Guinn is appointed president,...

Automaker General Motors Co. (GM) reported that total U.S. vehicle sales for the month of September 2014 rose 19.4% to 223,437 units from 187,195 units in the prior year month. Retail deliveries, which are sales to individual consumers, were up 17 percent. Fleet deliveries were up 30 percent, including...

Automaker Chrysler Group LLC reported Wednesday a 19 percent increase in total U.S. sales for the month of September, marking the 54th consecutive month of year-over-year sales gains, reflecting sales growth in four of its five brands. The company also recorded the best September sales since 2005, and...

Design software maker Autodesk, Inc. (ADSK) Wednesday backed its business outlook for the third quarter and fiscal year 2015. The firm also announced the appointment of Scott Herren as senior vice president and chief financial officer, effective November 1. Herren, who is currently serving as senior...