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BGC Partners Inc (BGCP), a brokerage company servicing the financial and real estate markets, on Friday raised its unsolicited cash tender offer to buy all of the outstanding shares of GFI Group Inc (GFIG) to $5.45 per share, up from the prior offer of $5.25 per share. The increased tender offer...

VirnetX Holding Corp. (VHC) and Microsoft Corp. (MSFT) said Friday that VirnetX, Inc. and Microsoft have signed an amended settlement and license agreement, under which Microsoft will pay $23 million to VirnetX to settle the patent dispute and expand Microsoft's license. The new agreement amends...

American National Bankshares Inc. (AMNB), parent company of American National Bank and Trust Co., said Friday that Charles Majors will retire from his role as Executive Chairman on December 31. As the final step in the company's succession plan, he will transition to non-executive chairman of the...

Privately held Bina Technologies, Inc. of Redwood City, California said Friday that it has been bought by Swiss drugmaker Roche (RHHBY.PK). The acquisition by Roche will enable Bina to further expand support to similar big-data population studies, as well as grow their offering for global enterprise...

Carnival Corporation & plc (CUK, CCL, CCL.L) reported that its fourth-quarter net loss was $102 million or $0.13 per share, compared to net income of $66 million or $0.08 per share in the same quarter last year. The latest-quarter result included unrealized losses (non-cash) on fuel derivatives of...

Dollar General Corp. (DG) said Friday that it remains actively engaged in discussions with the Federal Trade Commission regarding the extent of potential divestitures that would be required in connection with an acquisition of Family Dollar Stores, Inc. (FDO). Dollar General noted that it does not...

Medovex Corp. (MDVX), a developer of medical products, including DenerVex device, Friday said it has priced its initial public offering of 1,391,305 units, each unit consisting of one share of common stock and one Series A Warrant, at a price to the public of $5.75 per unit. The units are expected...

PPG Industries (PPG) announced that it has entered into exclusive negotiations with the AXSON Group to acquire REVOCOAT, a global supplier of sealants, adhesives and damper products for the automotive industry. Financial terms were not disclosed. PPG said it expects the transaction to close in the...

Timberline Resources Corp. (TLR, TBR.V) announced that it has appointed Kiran Patankar as its new President and Chief Executive Officer. Patankar will succeed Paul Dircksen, a founding member of the Company's management, who will semi-retire and has been appointed as the Company's new Vice-President...

Paychex, Inc. (PAYX) reported second-quarter net income of $173.0 million, or $0.47 per share, compared to $158.7 million, or $0.43 per share in the comparable quarter last year. On average, 23 analysts polled by Thomson Reuters expected the company to earn $0.46 per share for the quarter. Analysts'...

The Scotts Miracle-Gro Co. (SMG), a marketer of branded consumer lawn and garden products, Friday said Barry Sanders, president and chief operating officer, would depart the company on January 31, 2015, as part of an ongoing effort focused on de-layering the company to improve operational efficiency...

NTN Buzztime, Inc. (NTN) has hired Allen Wolff as chief financial officer, effective December 29, 2014. Wolff, among other responsibilities, would assume the principal accounting duties and report directly to Chief Executive, Ram Krishnan. Sandra Gurrola, who served as the interim principal accounting...

Gildan Activewear Inc. (GIL, GIL.TO) announced that it has appointed James Kehoe as its Executive Vice-President, Chief Financial and Administrative Officer, effective January 1, 2015. Kehoe succeeds Laurence Sellyn, who is retiring from this position which he has filled since 1999. Kehoe, 52, has...

Celgene International Sàrl, a wholly owned subsidiary of Celgene Corp. (CELG), said the European Medicines Agency's Committee for Medicinal Products for Human Use or CHMP has adopted a positive opinion for continuous oral treatment with REVLIMID in adult patients with previously untreated multiple myeloma...

PVH Corp. (PVH) and Gazal Corporation Limited (GZL.AX) announced that, through wholly owned subsidiaries, they reached an agreement with their Australian joint venture to add businesses to the joint venture, significantly expanding its scope. The transaction will add the Tommy Hilfiger, Van Heusen...