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Belgian food retailer Delhaize Group (DEG) announced Saturday that it has completed the merger with Dutch supermarket chain Koninklijke Ahold NV (AHONY.PK, AHODF.PK) after receiving regulatory clearance from the United States Federal Trade Commission or FTC. The merger deed was signed today by Delhaize...

HMN Financial, Inc. (HMNF), the holding company for Home Federal Savings Bank, reported late Friday that its second-quarter net income was $1.5 million, an increase from $0.6 million last year. Earnings per share were $0.31, higher than last year's $0.13. The increase in net income was due primarily...

Deere & Co. (DE) has informed about 120 production employees at John Deere Harvester Works in East Moline, Illinois that they will be placed on indefinite layoff effective September 6. The factory's workforce currently includes about 1050 production employees. Deere said the company continues to adjust...

Lexmark International Inc. (LXK), a printing and imaging solutions provider, said that its shareholders have approved the definitive merger deal under which the company will be acquired by a consortium of investors led by China's Apex Technology Co., Ltd. as well as PAG Asia Capital, and including Legend...

comScore (SCOR) announced that co-founder Magid Abraham has resigned as executive chairman of the board. comScore said Abraham will focus his efforts as the recently appointed Executive Chairman of APX Labs. Abraham will remain on the comScore board through the remainder of his term, which expires in 2018.

Vedanta Limited, Cairn India Limited (CAIRN) and India-focused miner Vedanta Resources plc (VED.L) have announced revised and final terms to the recommended merger between Vedanta Limited and Cairn India, that was announced on 14 June 2015. Under the revised and final terms, each Cairn India minority...

BlackBerry Limited (BBRY, BB.TO) announced that a federal jury ruled in favor of the company in a patent infringement case brought by Mobile Telecommunications LLC in the U.S. District Court for the Northern District of Texas. The company said the jury found that BlackBerry did not infringe the MTel...

FirstEnergy Corp. (FE) said that its FirstEnergy Solutions subsidiary will make operational changes to coal-fired units at two of its Ohio plants in response to challenging market conditions. The company plans to sell or deactivate the 136-megawatt (MW) Bay Shore Unit 1 in Oregon, Ohio, by October...

Gilead Sciences, Inc. (GILD) announced that the Committee for Medicinal Products for Human Use or CHMP, the scientific committee of the European Medicines Agency (EMA), has adopted a positive opinion on the company's Type II variation application for once-daily Truvada (emtricitabine 200 mg/tenofovir...

Merck & Co. (MRK) announced Friday efficacy and safety data in previously untreated adults with HIV-1 infection for the company's investigational once-daily formulation of ISENTRESS (raltegravir), known as raltegravir 600 mg, from the ongoing Phase 3 pivotal trial called ONCEMRK. The study found that...

Moody's Corp. (MCO) reaffirmed its full year 2016 earnings per share guidance of $4.55 to $4.65 and expects to be toward the lower end of the range. Analysts polled by Thomson Reuters expect the company to report earnings of $4.58 per share for fiscal year 2016. Analysts' estimates typically exclude...

Honeywell International Inc. (HON) reported second net income of $1.282 billion, up from $1.194 billion last year. Earnings per share increased to $1.66 from $1.51 in the prior year. On average 18 analysts polled by Thomson Reuters expected the company to earn $1.64 per share. Analysts estimates...

Textron Inc. (TXT), a multi-industry company engaged in aircraft, defense, industrial and finance businesses, reported Friday that its second-quarter net income increased to $177 million or $0.65 per share from $167 million or $0.60 per share last year. Income from continuing operations in the latest...

ON Semiconductor Corp. (ON) announced it has extended tender offer to purchase all of the outstanding shares of common stock of Fairchild Semiconductor International Inc. (FCS) for $20.00 per share in cash pending the satisfaction of the conditions to the offer. The offer will now expire on August 4,...

Stanley Black & Decker (SWK) announced that Chairman and Chief Executive Officer John Lundgren, who will turn 65 in September, will retire as CEO after more than 12 years with the Company, effective July 31, 2016. Lundgren will continue as Chairman of the Board until the end of the year and serve as...

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