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Protective and decorative coatings company PPG Industries Inc (PPG) on Wednesday said it has completed the acquisition of Revocoat, a supplier of sealants, adhesives and damper products for the automotive industry, from the Axson Group. The financial terms of the deal were not disclosed. "The addition...

Canadian drug maker Valeant Pharmaceuticals International Inc (VRX, VRX.TO) on Wednesday said it has closed its about $11 billion acquisition of gastrointestinal drug maker Salix Pharmaceuticals Ltd (SLXP). Valeant offered a sweetened $173 per Salix share, or about $11.1 billion, to clinch the merger....

Audi of America Inc., a unit of AUDI AG (AUDVF.PK), reported that its March 2015 sales increased 20% to 17,102 vehicles, a total that stands as the second-best month in U.S. sales for the premium brand. Consumer demand for the A3 sedan, the A3 Cabriolet and the Q3 SUV reached unprecedented levels...

Ford Motor Co. (F) said that its U.S. sales for the month of March 2015 declined 3.4% to 235,929 vehicles from 244,167 vehicles in the same month last year. Car sales for the month dropped 11.6% year-over-year to 76,765 units from 86,791 units, while truck sales increased 3.8% to 89,670 units and...

Molson Coors Brewing Co.(TAP, TPX.TO) announced that its wholly owned subsidiary, Coors Brewing Company d/b/a Molson Coors International or MCI, has acquired Mount Shivalik Breweries Ltd. or MSBL. As part of the transaction, MCI acquired MSBL's entire brand portfolio, including the leading strong...

General Motors Co. (GM, GMM.TO) reported that its Chevrolet, GMC, Buick and Cadillac dealers in the United States delivered 249,875 vehicles in March 2015, down 2.4 percent year over year. Retail sales were 182,710; down 5.0% year-over-year. Fleet deliveries were up 5 percent and retail deliveries...

Acuity Brands, Inc. (AYI) reported second-quarter net income of $46.4 million, compared to $32.7 million, prior-year. Earnings per share was $1.07 compared to $0.75. Adjusted earnings per share was $1.08, for the quarter. On average, 13 analysts polled by Thomson Reuters expected the company to report...

Atlantic Power Corporation (AT, ATP.TO) announced an agreement to sell its wind generation projects to TerraForm Power, Inc. (TERP) for cash proceeds of about $350 million, subject to certain adjustments. The company said these operating wind projects, representing 521 MW net ownership, are indirectly...

EveryWare Global Inc. (EVRY) announced Wednesday that it expects to file voluntary petitions for a prepackaged chapter 11 bankruptcy in the U.S. Bankruptcy Court for the District of Delaware. The company said it has reached an agreement with its secured lenders on a comprehensive balance-sheet restructuring...

FCA US LLC (FCAU) reported that March 2015 U.S. sales grew 2 percent to 197,261 units from 193,915 units in March 2014, and was the group's best March sales since 2007. The company said the Chrysler, Jeep, and Ram Truck brands each posted year-over-year sales gains in March compared with the same...

NuVasive Inc. (NUVA) announced that Greg Lucier, a member of the Board, has been appointed to serve as Chairman of the Board and Interim CEO. The appointment follows Alex Lukianov's resignation as CEO and a member of the Board. The company also announced that it anticipates first-quarter revenue will...

Daiichi Sankyo Inc., the US subsidiary of Daiichi Sankyo Company, Ltd, (DSKYF.PK) announced it will merge with its US-based sister company, Asubio Pharmaceuticals, Inc. As a result, Asubio Pharmaceuticals, Inc. projects will be integrated into the Daiichi Sankyo global development organization. Asubio...

Royal Bank of Canada (RY.TO, RY) said it has entered into a definitive agreement to sell RBC Royal Bank N.V. or RBC Suriname to Republic Bank Limited, subject to customary closing conditions, including regulatory approvals. Financial terms of the transaction were not disclosed. But, the purchase price...

Monsanto Co. (MON) reported that its second-quarter net income attributable to company decreased to $1.425 billion from the prior year's $1.670 billion, with earnings per share declining to $2.92 from $3.15 in the previous year. Earnings per Share from Ongoing Business dropped to $2.90 from $3.15...

Primerica Inc (PRI), an insurance and financial services company, announced that Glenn Williams has assumed the role of chief executive officer or CEO in keeping with the company's previously announced executive leadership transition plans. Williams, who previously served as the company's President,...

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