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Cynosure, Inc. (CYNO) reported net income for the second quarter of $4.6 million or $0.20 per share, compared to a net loss of $9.0 million or $0.54 per share for the year-ago quarter. Excluding items, adjusted net income for the second quarter was $7.1 million or $0.32 per share, compared to $5.4...

Patrick Industries Inc. (PATK) reported second-quarter net income of $9.2 million or $0.86 per share, up from $7.6 million or $0.70 per share in the same period last year. Analysts polled by Thomson Reuters expected the company to earn $0.82 per share. Sales increased 17.7 percent to $187.86 million...

P&F Industries, Inc. (PFIN) said Tuesday that it has acquired all of the outstanding equity interests of Universal Air Tool Company Ltd. Universal Air Tool Co. markets its pneumatic tools mainly to the automotive market in England and Ireland. The purchase price consisted of about $1.95 million...

One Horizon Group, Inc. (OHGI) announced that Brian Collins, Founder and CTO has been appointed as the Chief Executive Officer or CEO and President of the company, effective July 28, 2014. The company said collins will also act as the Chairman of the Board of the company upon his appointment as the...

Valero Energy Corp. (VLO) said Tuesday that its Board of Directors has approved an increase in the company's regular quarterly cash dividend on common stock from $0.25 per share to $0.275 per share, effective with the quarterly dividend the Board has declared to be payable on September 17 to shareholders...

Canadian smartpone maker BlackBerry Ltd. (BBRY, BB.TO) said Tuesday that it has agreed to buy Germany's Secusmart GmbH, a provider of high-security voice and data encryption and anti-eavesdropping solutions for government organizations, enterprises and telecommunications service providers. The deal...

Financial services giant JPMorgan Chase & Co. (JPM) is eliminating hundreds of technology support employees in its corporate and investment bank amid a revenue decline, Bloomberg reported citing people familiar with the matter. Workers in locations including New York, Tampa, Chicago and Dubai were...

ContraFect Corp. (CFRXU), a biotechnology company focused on protein and antibody therapeutic products for life-threatening infectious diseases, announced the pricing of its initial public offering of 6 million units priced at $6.00 per unit for total gross proceeds of $36 million. The offering was priced...

Ericsson (ERIC) announced Tuesday that it agreed to acquire US-based MetraTech Corp., a provider of metadata-based billing, commerce and settlement solutions uniquely adaptable to multiple business models and industries. The acquisition includes all 140 employees and contractors comprising a team of...

Direct Energy, a unit of Centrica Plc (CNA.L), Tuesday announced that it has acquired Astrum Solar, a full-service residential solar installer, for $54 million. The company noted that the acquisition of Astrum Solar launches its entry into the U.S. residential solar market and expands Direct Energy's...

Eltek Ltd. (ELTK) announced that Arieh Reichart shall step down as Chief Executive officer of the Company with immediate effect. Roberto Tulman, who has been serving as the Chief Technology Officer of the Company, shall assume the position of interim CEO. Tulman shall be supported by the Company's...

TCP Capital Corp. (TCPC) announced Tuesday that it has priced the public offering of 5.4 million shares of its common stock at $17.33 per share for total gross proceeds of about $93.6 million. The company has granted the underwriters an option for 30 days to purchase up to an additional 810,000 shares...

A. M. Castle & Co. (CAS), a global distributor of specialty metal and plastic products, value-added services and supply chain solutions, reported that its second quarter 2014 net loss widened to $72.3 million or a loss of $3.10 per share from $3.8 million or $0.16 per share in the second quarter 2013....

GrafTech International Ltd. (GTI), a manufacturer of graphite and carbon material science-based solutions, Tuesday said second-quarter preliminary earnings were a net loss of $160 million, or $1.18 per share, compared to net income of $4.38 million or $0.03 per share in the same period of the prior year. The...

TF Financial Corp. (THRD) Tuesday reported second-quarter net income of $585 thousand or $0.19 per share down from $1.96 million or $0.64 per share last year. Excluding merger-related expenses, adjusted net income was $1.56 million or $0.50 per diluted share. Net interest income for the quarter...