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Mining company Cliffs Natural Resources Inc (CLF) on Tuesday said it has completed the sale of its Chromite assets in Northern Ontario, Canada to Noront Resources Ltd. Cliffs said the assets were sold under a revised purchased agreement for $27.5 million in cash, an increase of $7.5 million over the...

French building materials company Saint-Gobain (CODGF.PK) on Tuesday said its first-quarter sales fell 0.2 percent to 9.86 billion euros from 9.87 billion euros a year ago. On a like-for-like basis, sales for the quarter were down 1.2%, the company said. Sales for the quarter were hurt mainly...

Sanofi (SNY) announced that the European Commission has granted marketing authorization in Europe for Toujeo (insulin glargine [rDNA origin] injection, 300 U/mL), a next-generation basal insulin for the treatment of type 1 and type 2 diabetes mellitus in adults. The European Commission's decision...

Cninsure Inc (CISG), an insurance intermediary company in China, announced that on April 27, 2015, it entered into an agreement to bring in Alltrust Insurance Company of China Limited, or Alltrust Insurance, as a strategic investor. Pursuant to the agreement, CNinsure said it will issue and sell 93,000,000...

Enbridge Pipelines Inc., TransCanada Corp. (TRP), and Kinder Morgan Canada - have signed a Joint Industry Partnership agreement to conduct research into aerial-based leak detection technologies, in the interest of enhancing across-the-board pipeline safety. The companies said that the partnership...

Ameriprise Financial (AMP) announced it has signed a definitive agreement to acquire the retail assets of JHS Capital Advisors, an independent broker-dealer and investment advisor based in Tampa, Fla. JHS provides personalized client services for investors nationwide. The transaction is subject to...

West Chester, Ohio-based AK Steel (AKS) reported first-quarter net loss attributable to the company of $306.3 million, or $1.72 per share, wider than $86.1 million, or $0.63 per share in the comparable quarter last year. The latest first quarter results includes a non-cash impairment charge of $256.3...

AGL Resources Inc. (GAS) reported that its net income attributable to the company for the first quarter 2015 declined to $193 million from the prior year's $284 million, with earnings per share decreasing to $1.62 from $2.38 last year. Quarterly income from continuing operations, excluding wholesale...

Ecolab Inc. (ECL) reported first-quarter net income to company of $233.4 million or $0.77 per share, compared to $191.0 million or $0.62 per share, prior year. Adjusted earnings per share was $0.80, for the quarter. On average, 17 analysts polled by Thomson Reuters expected the company to report...

Fresh Del Monte Produce Inc. (FDP) reported that its net income attributable to the company for the first quarter of 2015 declined to $42.5 million, from $58.6 million in the first quarter of 2014. Earnings per share dropped to $0.80 from $1.04 last year. Comparable net income for the first quarter...

United Parcel Service Inc. (UPS) announced the appointment of Richard Peretz as Chief Financial Officer or CFO. The appointment of Peretz is effective July 1, 2015. The company said Peretz will be replacing Kurt Kuehn, who has elected to retire after 38 years with the company. Kuehn will continue...

Dow AgroSciences LLC, a wholly owned subsidiary of Dow Chemical Co. (DOW), Arcadia Biosciences, Inc. and Bioceres, S.A. Tuesday announced an agreement to develop and commercialize innovative traits in soybeans. Financial details of the collaboration were not disclosed. Under the collaboration, the...

Waddell & Reed Financial Inc. (WDR) reported first quarter 2015 net income of $67.1 million or $0.80 per share, down from $74.9 million or $0.88 per share for the first quarter of 2014. Total operating revenues declined 1% to $385.46 million from last year's $390.42 million, due primarily to a decline...

AGCO (AGCO), a worldwide manufacturer and distributor of agricultural equipment, reported first-quarter net income to company of $30.1 million or $0.34 per share, compared to $99.6 million or $1.03 per share, prior year. Adjusted net income, excluding restructuring and other infrequent expenses, was...

Affiliated Managers Group, Inc. (AMG) reported that its net income attributable to controlling interest for the first quarter increased to $128.0 million or $2.28 per share from $77.2 million or $1.40 per share in the prior-year period. Economic net income was $162.1 million or $2.91 per share, compared...

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