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Global packaging and paper Group Mondi Plc (MNDI.L)and Mondi Ltd, Friday announced that the groupd signed an agreement with Walki Oy to acquire two extrusion coatings plants located in Pietarsaari, Finland and Wroclaw,Poland for 60 million euros in cash. The transaction is subject to completion...

Deere & Company (DE) reported second-quarter net income attributable to company of $690.5 million, or $2.03 per share, compared to $980.7 million, or $2.65 per share, for the same period last year. On average, 19 analysts polled by Thomson Reuters expected the company to report profit per share of...

Foot Locker, Inc. (FL), a specialty athletic retailer, Friday said its first-quarter net income increased to $184 million or $1.29 per share from $162 million or $1.10 per share reported last year. Adjusted earnings per share totaled $1.11 last year. On average, 21 analysts polled by Thomson Reuters...

TeliaSonera (TLSNY.PK) announced an investment in Springworks, which broadens the company's m2m and IoT (Internet of Things)-portfolio with new capabilities. Springworks is a pioneer in building smart human interfaces for IoT-applications, in the form of mobile apps and web user interfaces. The company...

GlaxoSmithKline plc (GSK.L, GSK) announced the submission of a regulatory application to the Japanese Ministry of Health, Labour and Welfare for mepolizumab as an add-on maintenance treatment for for adults and adolescents aged 12 years or older with severe eosinophilic asthma who experience exacerbations...

Expedia, Inc. (EXPE) said it has sold its 62.4 percent majority stake in eLong, Inc. (LONG), a leading online travel company in China, to several purchasers based in China, including Ctrip.com International, Ltd. (CTRP), Keystone Lodging Holdings Limited, Plateno Group Limited and Luxuriant Holdings...

Chinese online travel services provider Ctrip.com International Ltd (CTRP) Friday announced that it has acquired a 37.6% equity stake in eLong, Inc. (LONG) for a total purchase price of approximately $400 million. . The company acquired eLong shares from certain selling shareholders, including Expedia,...

Advertising giant WPP Group Plc. (WPP.L, WPPGY) Friday said its subsidiary Always Marketing Services, China's leading field and shopper marketing company, has agreed to acquire 3ree, an integrated marketing company based in Singapore. Founded in 2010 by Tan Li Li and Isabel Cheong, 3ree offers event...

AXA Group (AXAHY.PK) announced it has entered into an agreement with SulAmérica S.A. to acquire 100% of its Large Industrial and Commercial risks insurance subsidiary, SulAmérica Companhia de Seguros Gerais, for 40 million euros. The scope of the transaction includes Marine Hull, Marine Cargo and Property. The...

China Nepstar Chain Drugstore Ltd. (NPD) reported the resignation of Fuxiang Zhang as the company's Chief Executive Officer for personal reasons, effective immediately. Rebecca Yingnan Zhang has been appointed as Chief Executive Officer by the company's board of directors, effective immediately....

Swiss luxury goods group Compagnie Financiere Richemont AG (CFRUY.PK) Friday said its full-year profit declined to 1.334 billion euros from 2.067 billion euros reported last year. Prior-year results have been restated. Attributable profit dropped to 1.334 billion euros from 2.072 billion euros. Earnings...

HSBC Holdings plc (HSBA.L, HSBC) confirmed the Group is exploring various strategic options for its operations in Brazil, including a potential sale. HSBC noted that, at present no decision has been made to proceed with any transaction and the company will make a statement if or when appropriate.

German vacuum pumps maker Pfeiffer Vacuum Technology AG (PFFVF.PK, PVTCY.PK) said that following the approval of shareholders, a dividend of 2.65 euros per share would be paid out on May 22. In his speech at the Annual General Meeting held Thursday, Manfred Bender, CEO of Pfeiffer Vacuum, said, "We...

Plantronics, Inc. (PLT) said it has authorized the repurchase of an additional 4 million shares of its common stock. Under the new share repurchase authorization, Plantronics may from time to time purchase shares of its common stock, depending upon market conditions, in open market or privately negotiated...

China Lodging Group, Limited (HTHT), a multi-brand hotel group in China, said it has appointed Hui Chen as Chief Financial Officer, effective May 22. In her new role, she will report to Jenny Zhang, President of the company. Chen has been Executive Vice President of Finance since January. Chen has...

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