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Nokia Corp.(NOK) Friday announced that its navigation, mapping and location business HERE has partnered with South Korean conglomerate Samsung Electronics Co. Ltd. (SSNLF.PK, SSNNF.PK) to bring its maps and location platform services to Samsung's Tizen-powered smart devices, including the newly-announced...

Green Dragon Gas Ltd. (GDG.L), a producer of CBM gas in China, Friday said it will pay $40 million as a final settlement to energy giant ConocoPhillips (COP), following which the latter would renounce all claims and awards to them within the various proceedings in multiple jurisdictions. The payment...

Danish container shipping firm A.P. Moller-Maersk A/S (AMKAF.PK, AMKBF.PK) said it would initiate a share buyback program of 5.6 billion Danish Kronor or about $1 billion to be executed during a 12 months period. This program would be executed under EU Commission Regulation no. 2273/2003 of 22 December...

National Australia Bank (NABZY.PK, NAUBF.PK) said that it plans to sell a minority stake in its US-based subsidiary Great Western Bank or GWB through an initial public offering of shares in the US. It is customary in the US to sell a minority stake initially if exiting a business via the public markets. National...

British supermarket chain Tesco Plc. (TSCO.L, TSCDY.PK) Friday said it now expects trading profit for 2014/15 to be in the range of 2.4 billion pounds to 2.5 billion pounds. Trading profit for the six months ending August 23 is expected to be in the region of 1.1 billion pounds. Tesco said challenging...

Afren Plc (AFR.L, AFRNF.PK), an Africa-focused oil and gas company, reported Friday that its first-half pre-tax profit declined 49 percent to $133 million from last year's $260 million. Normalised profit before tax was $127 million, down 59 percent from $309 million a year ago. On an after tax...

Hermès International (0HV2.L, HESAY.PK, HESAF.PK) reported first-half consolidated net income of 413 million euros, a 8% rise over prior year. Operating income totalled 621 million euros, compared to 584 million euros in the first half of 2013. Consolidated revenue totalled 1.91 billion euros, a...

SBM Offshore N.V. (SBFFY.PK), a dutch provider of floating production solutions to the offshore energy industry, Friday announced that is has completed the sale and lease back of its Monaco real estate portfolio. The company noted that the last of the three buildings was sold for approximately $62...

French pharmaceutical firm Ipsen S.A. (IPSEY) Friday said its first-half net profit attributable to shareholders of the company increased to 104.0 million euros from 96.2 million euros last year. The prior-year results have been restated. Earnings per share were 1.26 euros, up from 1.15 euros last...

Amira Nature Foods Ltd. (ANFI) Monday reported first-quarter profit before tax of $12.0 million or $0.25 per share, up from $9.6 million or $0.21 per share in the same period last year. Adjusted profit after tax for the latest first quarter rose to $9.3 million or $0.26 per share from $7.4 million...

Era Group Inc. (ERA) announced that Sten Gustafson has resigned as Chief Executive Officer or CEO and as a director of the company effective August 29, 2014. The company said its Board has named Christopher Bradshaw, Era's Executive Vice President and Chief Financial Officer, as Acting Chief Executive...

Pacific Sunwear of California Inc. (PSUN), a specialty retailer focused on teens, Thursday reported a swing to second-quarter profit from a loss last year, reflecting revenue growth and a gain on derivative liability. Anaheim, California-based Pacific Sunwear's second-quarter net income was $7.5 million...

Payments processor Net 1 Ueps Technologies Inc. (UEPS), Thursday reported a surge in profit for the fourth quarter, as revenues jumped 55 percent, sending its shares up 20 percent in after-hours trade. The company's fourth-quarter net income was US$28.6 million or US$0.59 per share, compared to US$8.3...

OmniVision Technologies Inc (OVTI) Thursday reported first-quarter net income of $45.3 million or $0.78 per share, compared to $23.1 million or $0.42 per share in the comparable quarter last year. Excluding items, adjusted earnings for the quarter were $54.4 million or $0.91 per share, up from $31.7...

Splunk Inc. (SPLK), Thursday said second-quarter net loss was $60.8 million or $0.51 per share, wider than $13.7 million or $0.13 per share in the comparable quarter last year. Non-GAAP net income for the latest second-quarter was $1.2 million or $0.01 per share, compared to net loss of $1.2 million...