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Birch Communications Inc., a provider of business focused communications, cloud and managed services based in Atlanta, and Cbeyond Inc. (CBEY) announced Monday that they entered into a definitive agreement by which Birch will acquire Cbeyond in an all-cash transaction valued at about $323 million. The...

Diversified financial services holding company SunTrust Banks, Inc. (STI) announced a rise in first-quarter net income available to common shareholders to $393 million, or $0.73 per average common share, from $340 million, or $0.63 per average common share, last year. On average, 27 analysts polled by...

Chino Commercial Bancorp (CCBC.OB), the parent company of Chino Commercial Bank, N.A., Monday reported first-quarter net earnings of $224.42 thousand, up 31.5 from $170.64 thousand in the prior year. Earnings per share were $0.27, compared to $0.21 per share for the same quarter last year. Net...

NTT Communications Corp., the ICT solutions and international communications business within the NTT (NTT) Group, Monday announced the immediate start of a free trial for its "WebRTC Chat on Skyway" web application. This application uses WebRTC technologies for browser-to-browser communication between...

Altera Corp. (ALTR) and TSMC (TSM) Monday said they have worked together to bring TSMC's patented, fine-pitch copper bump-based packaging technology to Altera's 20 nm Arria 10 FPGAs and SoCs. Altera is the first company to adopt this technology in commercial production to deliver improved quality,...

Infoblox Inc. (BLOX) announced that Thorsten Freitag has joined the company as senior vice president of global sales, effective immediately. Freitag is responsible for managing regional sales teams in the Americas, Europe/Middle East/Africa and Asia Pacific, as well as the global service provider...

Suncor Energy Inc. (SU, SU.TO) said that on Sunday, an employee died after being injured at its oil sands site. The company did not release name of the individual. Suncor emergency service personnel responded at about 11:30 a.m. when an employee was severely injured while working. The employee was...

Aspen Insurance Holdings Ltd. (AHL) said Sunday that it has issued a letter to its shareholders, expressing serious concerns regarding a previously disclosed unsolicited bid from Endurance Specialty Holdings Ltd. (ENH) to acquire the company for $3.2 billion, or $47.50 per share. Glyn Jones, Chairman...

Umpqua Holdings Corp. (UMPQ) and Sterling Financial Corp. announced the completion of their merger. The combined company will operate as Umpqua Holdings Corporation and conduct banking operations under the Umpqua Bank name and brand. Umpqua now has approximately $22 billion in assets, $15 billion...

Mylan Inc. (MYL) announced that Supreme Court Chief Justice Roberts has denied Teva's application for an injunction seeking to prevent Mylan's launch of a generic version of Copaxone pending the Supreme Court's decision on Teva's appeal. Mylan CEO Heather Bresch said: "We look forward to introducing...

3D Systems Corp. (DDD) said Friday that the United States Court of Appeals for the Federal Circuit has affirmed summary judgment in favor of 3DS, dismissing all remaining claims brought by DSM Desotech. DSM Desotech had alleged anticompetitive behavior with respect to 3DS' integrated printing systems...

Chinese IT services provider iSoftStone Holdings Ltd. (ISS) said Friday that it has entered into a definitive agreement and plan of merger with New iSoftStone Holdings Ltd. and New iSoftStone Acquisition Ltd., pursuant to which New iSoftStone will acquire iSoftStone for US$0.57 per ordinary share of...

Penns Woods Bancorp, Inc. (PWOD) reported net income for the first quarter of $3.5 million or $0.72 per share, compared to $3.7 million or $0.96 per share for the year-ago quarter. Operating earnings per share for the first quarter were $0.63, compared to $0.79 in the the same quarter last year. Net...

1st United Bancorp, Inc. (FUBC) reported net income for the first quarter of $2.7 million or $0.08 per share, compared t $1.6 million or $0.05 per share for the year-ago quarter. Net interest income for the first quarter rose to $18.7 million from $16.7 million a year ago. Provision for loan losses...

Citizens Holding Company (CIZN) reported net income for the first quarter of $1.8 million or $0.37 per share, compared to $1.4 million or $0.29 per share for the year-ago quarter. Net interest income for the first quarter of 2014, after the provision for loan losses for the quarter, was $6.86 million,...