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Perficient, Inc. (PRFT) said Thursday that it has entered into a purchase agreement to acquire the assets of Zeon Solutions Inc. and its subsidiary, Grand River Interactive LLC, and an Indian affiliate, a $23 million annual services revenue business and IT consulting firm specializing in the development,...

GasolinePrice-121814.jpg Christmas has come early for drivers this year, as U.S. average gas prices are below $2.50 a gallon for the first time since October 2009, according to driving group AAA. They dropped 2.77 cents per gallon overnight - the largest one-day drop since November 2008. The national average price of gasoline...

Uber is vowing to step up security measures after sexual assault charges were recently filed against one of their drivers. A Boston driver for the company allegedly kidnapped and raped a rider earlier this month and the company has called the incident a "despicable crime."

Dover Corp. (DOV) said Thursday that it has agreed to sell its Datamax O'Neil unit to Honeywell International Inc. (HON) for $185 million. The deal is expected to close in the first quarter of 2015. Headquartered in Orlando, Florida, Datamax O'Neil is a manufacturer of fixed and mobile printers...

Agricultural machinery maker Deere & Co. (DE) said Thursday that it has agreed to sell its crop insurance business to Farmers Mutual Hail Insurance Company of Iowa, headquartered in West Des Moines, Iowa. The deal will result in Deere selling both John Deere Insurance Company and John Deere Risk...

Shares of Alcatel-Lucent SA (ALU) surged 8 percent on Thursday after the French telecom equipment maker was reported to be in merger talks with Nokia Networks (NOK). The companies resumed merger talks this fall, according to Germany's Manager Magazin quoting unidentified people with knowledge of the...

Harman International Industries (HAR) that it has signed an agreement to buy S1nn GmbH & Co. KG, an innovative developer of infotainment systems, connectivity and car audio solutions. Terms of the deal, which is subject to regulatory and other approvals, were not disclosed. Stuttgart, Germany-based...

Property and casualty insurer ACE Limited (ACE) said Thursday that it has agreed to acquire the Fireman's Fund high net worth personal lines insurance business in the U.S. from German insurer Allianz SE (AZSEY.PK) for $365 million. The company noted that the acquisition will bolster its position as one...

Ford Motor Co. (F) said that, at the request of the National Highway Traffic Safety Administration, it is expanding its recall on Takata driver-side airbag inflators. The recall includes approximately 502,489 vehicles, an addition of approximately 447,310 vehicles. This brings the total number of...

American Airlines said it has signed a codeshare agreement with Mexico City-based Interjet, adding new service to key destinations in Mexico. American Airlines said the new codeshare arrangement with Interjet will give its customers seamless connecting service within Mexico. American will codeshare...

Saputo Inc. (SAP.TO) announced that it agreed to sell its Bakery Division, Saputo Bakery Inc, to Canada Bread Company Limited, a subsidiary of Grupo Bimbo S.A.B. de C.V (GRBMF.PK), for C$120 million in cash. The transaction is subject to the usual conditions, including approval by the Canadian Competition...

Neogen Corp.(NEOG) reported that its net income attributable to the company for the second quarter of fiscal 2015 increased 26% to $7.81 million from the prior year's $6.21 million. Earnings per share in the latest-quarter were $0.21, compared to $0.17 a year ago. Revenues for the second quarter of...

Canadian convenience store operator Alimentation Couche-Tard, Inc. (ANCUF, ATD_B.TO, ATD_A.TO) agreed Thursday to acquire U.S. peer Pantry, Inc. (PTRY) for $36.75 per share in an all-cash deal valued at about $1.7 billion, including debt assumed. The deal will strengthen Couche-Tard's position in the...

Kraft Foods Group, Inc. (KRFT) announced the appointment of John Cahill as Chairman and Chief Executive Officer or CEO of Kraft Foods. The company said that Cahill will succeed Tony Vernon, who has informed the board of his intention to retire as CEO on Dec. 27, 2014, the last day of the company's...

Bio-Reference Laboratories Inc. (BRLI) reported that its fourth-quarter net income increased to $18.28 million or $0.66 per share from $11.12 million or $0.40 per share, last year. On average, three analysts polled by Thomson Reuters expected the company to report earnings per share of $0.63 for...