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Diversified utility company Vectren Corp (VVC) Friday closed the sale of its coal mining subsidiary, Vectren Fuels Inc, to Sunrise Coal LLC, an Indiana-based unit of Hallador Energy Coy (HNRG). The deal was announced in July. Prior to the sale, Vectren Fuels owned three underground coal mines in...

Briggs & Stratton Corp. (BGG) announced that it has acquired U.S. based Allmand Bros., Inc. for a total consideration of about $62 million in cash for all outstanding shares of Allmand, net of acquired cash. It is noted that Briggs & Stratton financed the transaction from cash on hand. Founded...

Pfenex Inc. (PFNX) posted second-quarter net loss attributable to common stockholders of $2.63 million or $1.67 per share, wider than $1.60 million or $1.04 per share in the comparable quarter last year. Revenue for the latest second quarter rose to $3.27 million from $2.31 million in the year-ago...

Donegal Group Inc. (DGICA) announced that its chief executive officer or CEO, Donald Nikolaus, will be on a temporary medical leave of absence. The Board has named Kevin Burke to serve as DGI's acting chief executive officer during Nikolaus' recovery period. The company stated that Nikolaus will continue...

Arthur J. Gallagher & Co. (AJG) announced the completion of the acquisition of the assets of Baker Tilly's Employee Benefits Solutions business. Arthur J. Gallagher & Co., an international insurance brokerage and risk management services firm, is headquartered in Itasca, Illinois, has operations in...

Mindoro Resources Ltd. (MIO.V) announced the retirement and resignation of Director and Chief Executive Officer or CEO, Tony Climie, effective September 1, 2014. The company said its board has appointed Mindoro Director and Executive Vice President, Penny Gould to succeed Climie as CEO. Commenting...

InnoPharma Inc. announced that the U.S. Food and Drug Administration has approved its Abbreviated New Drug Application or ANDA for decitabine for injection, a generic version of Eisai Inc.'s Dacogen. InnoPharma developed the generic formulation of decitabine for injection and entered into an agreement...

Atlatsa Resources Corp. (ATL, ATL.TO) said that it has appointed Boipelo Lekubo as its chief financial officer effective 1 September 2014. Lekubo is a chartered accountant by profession with extensive experience in group financial management and reporting within the mining industry. Her previous finance...

Mattress Firm Holding Corp. (MFRM), a specialty retailer of mattresses and accessories in the United States, Friday said it will buy all of the mattress specialty retail assets and operations of Back to Bed Inc., M World Mattress LLC, MCStores LLC and TBE Orlando LLC, which collectively operate Back...

Molson Coors Brewing Co. (TAP-A, TAP) Friday said Simon Cox, 46, Managing Director of Molson Coors - UK and Ireland, would take over as CEO Europe, succeeding Mark Hunter. The position reports directly to the CEO of the global business and serves on the company's Executive Leadership Team. Cox,...

Finland's Rovio Entertainment Ltd., maker of the Angry Birds mobile game, said Friday that Pekka Rantala will succeed Mikael Hed as its Chief Executive Officer on January 1, 2015. The Chairman of the Board, Kaj Hed, has nominated Mikael Hed for a Board of Directors position. In addition, Mikael Hed...

BioCryst Pharmaceuticals, Inc. (BCRX) Friday said the National Institute of Allergy and Infectious Diseases or NIAID has awarded a contract modification for an additional $2.4 million to the firm to conduct a dose ranging efficacy study of an intramuscular formulation of BCX4430 in non-human primates...

Reynolds American Inc. (RAI) and Lorillard, Inc. (LO) announced that each company has received a request for additional information from the Federal Trade Commission in connection with Reynolds American's pending acquisition of Lorillard and divestiture of select brands to Imperial Tobacco Group. The...

Big Lots, Inc. (BIG) reported income from continuing operations of $17.2 million, or $0.31 per share for the second-quarter of 2014. Net income from continuing operations was $21.94 million or $0.38 per share, prior year. Adjusted income from continuing U.S. operations was $21.5 million, or $0.37 per...

Nokia Corp.(NOK) Friday announced that its navigation, mapping and location business HERE has partnered with South Korean conglomerate Samsung Electronics Co. Ltd. (SSNLF.PK, SSNNF.PK) to bring its maps and location platform services to Samsung's Tizen-powered smart devices, including the newly-announced...