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Avis Budget Group Inc. (CAR) announced that it has repurchased about $135 million of stock under its current stock repurchase program. The program was first announced in August 2013 and authorized an initial maximum amount of $200 million. The company's Board has authorized an increase to the amount...

Vintage Capital Management said, in a letter to the independent directors of Aaron's Inc. (AAN), that it withdrew its previously-announced offer to acquire Aaron's for $30.50 per share in cash in light of the company's recent acquisition of Progressive Finance and continued poor performance. Vintage...

Domtar Corp. (UFS, UFS.TO) has appointed Michael Garcia as President of Domtar Pulp and Paper, with effect from May 1, 2014. In this new role, Garcia would oversee the operations of North America's largest producer of uncoated freesheet paper and top-three market pulp producers, via. a network of thirteen...

Enservco Corp. (ENSV), a provider of well-site services to the domestic onshore conventional and unconventional oil and gas industries, announced that it has promoted Rick Kasch to chief executive officer. Kasch assumes the position from Mike Herman, Enservco's founder and largest shareholder, who...

Home BancShares Inc. (HOMB), parent company of Centennial Bank, said that its profit for the first quarter of 2014 rose to $27.3 million or $0.42 per share from $17.5 million or $0.31 per share for the same quarter in 2013. Excluding the $849,000 of merger expenses associated with the recently completed...

PPG Industries (PPG) announced that its board has authorized the repurchase of $2 billion of outstanding common stock. The authorization is effective immediately. In October 2011, PPG's board authorized a repurchase program under which the company has repurchased 8.9 million shares totaling approximately...

Retail giant Wal-Mart Stores Inc. (WMT) and Ria, a subsidiary of Euronet Worldwide Inc. (EEFT), are launching Walmart-2-Walmart Money Transfer Service, which will be available from April 24. The new low-cost service allows customers to transfer money to and from more than 4,000 Walmart stores nationwide...

Recreational vehicle maker Thor Industries, Inc. (THO) has agreed to acquire the outstanding capital stock of recreational vehicle or RV manufacturer K-Z, Inc. in a transaction closing effective May 1, 2014. The consideration price, which would be paid in cash, totals about $53.4 million, subject to...

Knowles Corp. (KN), a supplier of advanced micro-acoustic solutions and specialty components, said it currently anticipates revenue for the first quarter of 2014 to be between $270 and $275 million, above the high end of the projected range provided at the Company's analyst day. Non-GAAP operating profit...

Teva Pharmaceutical Industries Ltd. (TEVA) announced that its subsidiary Teva Pharmaceuticals USA, Inc. has entered into a settlement with Pfizer related to Teva's generic version of Celebrex 50, 100, 200 and 400 mg capsules in U.S. Under the terms of the settlement, Teva may launch its generic versions...

Knoll Inc. (KNL) said that net income for the first quarter 2014 increased to $8.2 million, or $0.17 earnings per share, from $6.1 million, or $0.13 per share, for the same quarter in 2013. Excluding the acquisition related expenses, adjusted earnings per share would have been $0.18 per share during...

Syntel Inc. (SYNT), an IT services provider and Knowledge Process Outsourcing or KPO company, said its first-quarter net income climbed to $58.1 million or $1.39 per share, from $46.4 million or $1.11 per share, a year earlier. On average, 13 analysts polled by Thomson Reuters expected earnings per share...

PPG Industries (PPG) said that its first-quarter net income from continuing operations increased to $277 million or $1.97 per share, from $191 million or $1.29 per share in the prior year. Quarterly adjusted net income from continuing operations rose to $279 million, or $1.98 per share, from $207...

Wipro Ltd. (WIT) reported 41% higher net income from continuing operations of 22.3 billion indian rupees, or $371 million, for the fourth quarter ended March 31, 2014, versus 15.76 billion rupees last year. On a non-GAAP basis, adjusted net income from continuing operations totaled 22.3 billion rupees,...

Cypress Semiconductor Corp. (CY) reported that its first-quarter net loss to company narrowed to $7.93 million or $0.05 per share, from a a loss of $28.19 million or $0.19 per share, previous year. Non-GAAP net income attributable to Cypress was $11.97 million or $0.07 per share, for the quarter. On...