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Etsy Inc., an online marketplace for crafts and vintage goods, said Tuesday that it expects to launch the roadshow for the initial public offering of its common stock on April 1. The offering is for 16,666,666 shares. Etsy is offering 13,333,333 shares and the selling stockholders are offering 3,333,333...

Shaw Communications Inc. (SJR) Tuesday said it has appointed Vito Culmone as Chief Financial Officer, effective June 1, 2015. Culmone has more than 25 years of experience as a financial professional, including 15 years as a senior financial executive. Culmone most recently served as CFO for WestJet Airlines Ltd.

Rock-Tenn Co. (RKT) said Tuesday that it now expects to report adjusted earnings per share for its fiscal second quarter ending March 31, 2015, in the range of $0.70 to $0.75 per share, compared to its prior guidance of $0.80 to $0.90 per share. Analysts polled by Thomson Reuters currently expect...

Dyax Corp. (DYAX) on Tuesday announced positive safety, pharmacokinetic, biomarker, and efficacy results from the Phase 1b clinical study of its investigational product, DX-2930. Discovered by Dyax, DX-2930 is a fully human monoclonal antibody inhibitor of plasma kallikrein being developed for the...

Landec Corp. (LNDC) reported net income for the third quarter of $3.8 million or $0.14 per share, compared to $6.4 million or $0.24 per share for the year-ago quarter. Revenues for the third quarter rose 10% to $138.5 million from $126.4 million a year earlier, mainly due to a 21% increase in revenues...

Kindred Healthcare, Inc. (KND) said Tuesday that Benjamin Breier has assumed the role of President and Chief Executive Officer, effective today. As announced on October 30, 2014, Breier succeeds Paul Diaz, who is now Executive Vice Chairman of the Kindred Board of Directors. Breier also serves as...

Carpenter Technology Corp. (CRS) said Tuesday that it plans to reduce its salaried positions by about 200 or 10% of the total salaried workforce as part of a restructuring plan designed to reduce fixed overhead costs and position the company to drive long-term, profitable growth. The restructuring...

BGC Partners, Inc. (BGCP) said Tuesday that excluding the results of GFI Group Inc. (GFIG), it now expects its first revenues for distributable earnings to be towards the low end of the range of its previously stated guidance of $490 million to $520 million. Analysts currently expect the company to...

UTi Worldwide Inc. (UTIW) reported a net loss for the fourth quarter of $103.9 million or $1.02 per share, compared to a net loss of $56.0 million or $0.53 per share for the year-ago quarter. Total revenues for the fourth quarter fell 10% to $964.6 million from $1.07 billion a year earlier, while...

Business process services provider Synnex Corp. (SNX) reported net income for the first quarter of 46.3 million or $1.16 per share, compared to $38.4 million or $1.00 per share for the year-ago quarter. Excluding items, adjusted net income for the first quarter was $58.2 million or $1.46 per share,...

Hotel operator Marriott International, Inc. (MAR) said Tuesday that it has completed the sale of the Courtyard by Marriott Paris Arcueil. The 170 room hotel, located just outside Paris, France, opened in 2011 as part of a large mixed use economic redevelopment program in the Porte d'Arcueil business...

Deere & Co. (DE) said Tuesday that it has completed the sale of its crop insurance business to Farmers Mutual Hail Insurance Co. of Iowa (FMH). In December, Deere announced a definitive agreement with Farmers Mutual Hail Insurance to sell the business. The sale includes both John Deere Insurance...

TransUnion, global risk and information solutions provider, has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission to raise up to $100 million in an initial public offering of common shares. The company did not specify the number of shares to be sold and the...

Mylan (MYL) announced the U.S. launch of Amlodipine and Valsartan Tablets, 5 mg/160 mg, 5 mg/320 mg, 10 mg/160 mg, 10 mg/320 mg, which is the generic version of Novartis' Exforge Tablets. Mylan received final approval from the U.S. Food and Drug Administration (FDA) for its Abbreviated New Drug Application...

International Paper (IP) announced it has reached a definitive agreement with MeadWestvaco Corp. (MWV) to sell the Carolina coated bristols brand. The company's decision to sell the Carolina brand was a result of its plans to convert the Riegelwood N.C., Mill to 100 percent fluff and softwood pulp production,...

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