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Investment banking firm Jefferies Group LLC, a part of diversified holding company Leucadia National Corp (LUK), said Tuesday it expects to report third-quarter net earnings of $82 million and revenue of $835 million. Results for the quarter mainly reflect investment banking revenue of $461 million,...

Flextronics International Ltd. (FLEX) Tuesday said its shareholders approved the purchase of up to 20 percent of its outstanding shares. The company's board authorized the management to purchase up to $500 million of shares. The company has purchased about $1.7 billion or 247 million of its shares...

Millennial Media (MM), Tuesday said it appointed Andrew Jeanneret as Chief Financial Officer. eanneret has served as the Company's Senior Vice President of Accounting and Chief Accounting Officer since 2011. He will continue to work out of the company's Baltimore-based headquarters and report directly...

Tetraphase Pharmaceuticals Inc. (TTPH) Tuesday said a late-stage study of eravacycline for the treatment of urinary tract infections showed better results compared to standard treatment. Shares of the company gained 7 percent in after-hours trade, following the news. The top-line results from IGNITE...

Guidewire Software Inc (GWRE), a provider of software for the insurance industry, Tuesday reported a better-than-expected increase in fourth-quarter profit, helped by a 22% increase in revenue. Following the results, the company's stock gained 10 percent in after-hours trade. CEO Marcus Ryu said the...

Consumer products company Helen of Troy Ltd (HELE) Tuesday provided weak guidance for the second quarter and slashed its adjusted earnings outlook for the full year, citing a weak retail environment. Following the announcement, shares of the company slid 9 percent in after-hours trade. For fiscal...

Buckeye Partners L.P. (BPL) said Tuesday it agreed to acquire an 80 percent interest in a company that will be owned jointly with Trafigura AG for $860 million. The company ("Buckeye Texas Partners") and its subsidiaries will own and operate a vertically integrated system of midstream assets including...

TE Connectivity Ltd (TEL) said Tuesday it has completed the acquisition of American Sensor Technologies Inc. American Sensor is a maker of pressure and position sensing solutions with 2013 revenues of about $20 million. TE said the deal further expands its portfolio of sensors and sensor systems.

TDS Telecom, a unit of Telephone and Data Systems Inc (TDS), said Tuesday it completed the purchase of substantially all of the assets of BendBroadband, a cable and broadband company headquartered in Bend, Oregon, for a purchase price of $261 million. In May, Telephone and Data Systems announced its...

CM Innovation Corp, a unit of JCM American, doing business as JCM Global, on Tuesday finalized its acquisition of FL Group LLC, doing business as FutureLogic, from American Capital Ltd (ACAS). The financial terms of the deal were not disclosed. The deal's closing further enhances JCM's competitive...

Biolase Inc. (BIOL) announced that it has appointed Jeffrey Nugent as its President and Chief Executive Officer, effective immediately. Nugent has served as Acting Chief Executive Officer and a member of the Board of Directors since June 2014. Nugent has a broad background in the medical device, medical...

Compuware Corp. (CPWR), a Detroit-based software developer, said Tuesday that it agreed to be acquired by private equity investment firm Thoma Bravo LLC, in a transaction valued at about $2.5 billion. The Compuware board unanimously approved the agreement and recommends that Compuware's shareholders...

Actavis plc (ACT) announced that the U.S. Food and Drug Administration or FDA has accepted for filing Actavis' New Drug Application or NDA for eluxadoline, an investigational drug for the treatment of diarrhea and abdominal pain in men and women with diarrhea predominant Irritable Bowel Syndrome or IBS-D....

Aethlon Medical Inc. (AEMD.OB) said that it has received independent internal review board or IRB approval to initiate human clinical studies of Hemopurifier therapy at DaVita MedCenter Dialysis located in Houston, Texas. Previously, Aethlon disclosed that the United States Food and Drug Administration...

Grain processor Archer Daniels Midland Co. (ADM) Tuesday revealed an agreement to sell its global chocolate business to Cargill for $440 million, subject to a customary working-capital adjustment. The sale is expected to close during the first half of 2015. Included in the sale are chocolate manufacturing...