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Nokia Networks said it has signed an agreement to acquire Eden Rock Communications, LLC, a pioneer in SON and creator of Eden-NET, multivendor centralized SON solution. Through this acquisition, Nokia Networks aims to boost its multivendor SON radio optimization capabilities and reaffirm its vision...

Tidewater Inc. (TDW) reported fourth quarter net loss attributable to the company of $9.08 million or $0.19 per share, compared to net income of $43.42 million or $0.88 per share in the previous year. Included in latest-quarter results were charges resulting from cost reduction initiatives related...

Spiral Toys, a provider of mobile-connected wireless entertainment products, has appointed Gina Fabiano as interim chief financial officer, succeeding Robert Stewart. Fabiano has been serving as a business development and financial consultant to Spiral Toys, and has worked closely with executive management...

iCAD Inc. (ICAD) announced that it withdrew its full year 2015 financial guidance due to general uncertainty related to reimbursement for non-melanoma skin cancer in the United States. The company's guidance was based on the assumption that there would be no changes to the reimbursement environment...

Fortinet (FTNT) and Meru Networks (MERU) announced a definitive agreement for Fortinet to acquire Meru, a leader in intelligent Wi-Fi networking. Fortinet will pay $1.63 per Meru share in cash, an equity value of approximately $44 million. Fortinet said the acquisition adds an experienced research and...

Reliance Steel & Aluminum Co. (RS) announced that in accordance with the previously announced executive leadership succession plan, effective as of May 20, 2015, it has appointed Gregg Mollins as Chief Executive Officer or CEO and President of Reliance. David Hannah has transitioned to the role of Executive...

Halozyme Therapeutics Inc. (HALO) and Ventana Medical Systems Inc. (VMSI), a member of the Roche Group, announced a global agreement to collaborate on the development of, and for Ventana to ultimately commercialize, a companion diagnostic assay for use with Halozyme's investigational new drug, PEGPH20. PEGPH20...

China Ming Yang Wind Power Group Limited (MY), wind turbine manufacturer in China, reported that its income for the first quarter was RMB 40.7 million or $6.6 million, compared to RMB 187.2 million in the same quarter last year. Quarterly earnings per share was RMB0.32 or $0.05, compared to RMB1.51 last...

Theravance Biopharma, Inc. (TBPH), through an affiliate, and SciClone Pharmaceuticals (SCLN), a U.S.-based, China-focused specialty pharmaceutical company, announced they have entered into a development and commercialization agreement granting SciClone exclusive development and commercial rights for...

STMicroelectronics (STM) announced that all of the proposed resolutions were adopted at the Company's Annual General Meeting of Shareholders, which was held today in Amsterdam, the Netherlands. The shareholders adopted the company's Statutory Annual Accounts for the year ended December 31, 2014; The...

GE Capital's Healthcare Financial Services or HFS business announced that it was the administrative agent and a lender on a $48.5 million financing to a joint venture among LTC Properties Inc., Silverstone Healthcare Real Estate and Senior Lifestyle Corp. The funds were used for the acquisition of...

Paint and coatings maker Valspar Corp. (VAL) reported that second-quarter net income was $90.3 million or $1.09 per share, compared to $86.0 million or $0.99 per share in the prior-year quarter. Excluding certain items, adjusted net income for the quarter was $92.2 million, down from $92.6 million...

Movado Group Inc. (MOV) reported that its net income first quarter ended April 30, 2015 declined to $3.6 million, or $0.15 per share, from $7.4 million, or $0.29 per share in the same quarter last year. During the first quarter of fiscal 2016, the Company recorded a $2.7 million pre-tax charge, or...

Pizza delivery and digital ordering technology giant Domino's Pizza Inc. (DPZ) Wednesday announced the appointment of Joe Jordan as vice president - chief marketing officer and Dennis Maloney as vice president - chief digital officer. Further, the company said Julia Oswal will be the vice president...

BMO Financial Group (BMO.TO, BMO) reported that its net income for the second quarter of 2015 was C$999 million, down 7% from the prior year's C$1.076 billion due to a C$106 million charge taken in the latest-quarter primarily due to restructuring to drive operational efficiencies. Quarterly earnings...

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