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German business software maker SAP SE (SAP) Thursday agreed to buy Concur Technologies Inc (CNQR), a provider of travel and expense management solutions, for $129 per share, denoting an enterprise value of $8.3 billion. The company said the deal would be effected via its unit SAP America Inc. The...

Exxon Mobil Corp (XOM) Thursday entered into a non-monetary exchange agreement with LINN Energy LLC (LINE) to add 17,800 net acres in the Permian Basin to its U.S. oil and natural gas portfolio managed by subsidiary XTO Energy Inc. In the exchange, LINN Energy will receive interest in about 500 net...

Carrols Restaurant Group Inc. (TAST) has agreed to buy 30 Burger King restaurants in eastern North Carolina for about $20 million in cash. The deal is expected to be completed in early October, subject to customary approvals. The company anticipates that subsequent to closing it will market and enter...

Oracle Corp. (ORCL) reported net income for the first quarter of $2.18 billion or $0.48 per share, compared to $2.19 billion or $0.47 per share for the year-ago quarter. Excluding items, adjusted net income for the first quarter was $2.81 billion or $0.62 per share, compared to $2.76 billion or $0.59...

JetBlue Airways Corp. (JBLU) Thursday said Chief Executive Dave Barger will retire in February and current President Robin Hayes will take over the reins of the discount carrier. Shares of the company gained five percent on the news. Barger will serve on the JetBlue Board of Directors until February...

American International Group Inc (AIG) said Thursday that Jay Wintrob, president and chief executive officer of AIG Life & Retirement, is leaving the company after over 25 years to pursue other opportunities. AIG also announced that Michael Cowan, executive vice president and chief administrative...

Home Depot, Inc. (HD), the world's largest home improvement retailer, confirmed Thursday that the malware used in its recent breach has been eliminated from its U.S. and Canadian networks. The company also said it has completed a major payment security project that provides enhanced encryption of...

Navidea Biopharmaceuticals Inc (NAVB) said Thursday the U.S. Food and Drug Administration has granted orphan drug status to Lymphoseek (technetium Tc 99m tilmanocept) Injection for use in sentinel lymph node detection in patients with cancer of the head and neck. The orphan drug status is based upon...

Clorox Co. (CLX) said Thursday, effective Nov. 20, Donald Knauss will continue serving as chairman and a member of the board, in a newly created executive chairman role, and Benno Dorer will be promoted to chief executive officer and nominated to be elected to the company's board of directors. Knauss,...

Red Hat Inc (RHT) Thursday reported second-quarter net earnings of $47 million or $0.25 per share, compared with $41 million or $0.21 per share last year. Excluding items, adjusted earnings for the quarter were $0.41 per share, compared with $0.35 per share a year ago. On average, 31 analysts polled...

Oracle Corp. (ORCL) said Thursday that its Board of Directors has elected Larry Ellison to the position of Executive Chairman of the company's Board and appointed him the company's Chief Technology Officer. Ellison is currently the chief executive officer of Oracle. Jeff Henley, who has served...

TIBCO Software Inc (TIBX) Thursday reported third-quarter net earnings of $2.6 million or $0.02 per share compared with $21 million or $0.13 per share last year. Excluding items, adjusted earnings for the quarter were $0.14 per share compared with $0.28 per share a year ago. Revenues for the quarter...

Engineering design firm Aecom Technology Corp. (ACM) said Thursday that it has priced its offering of US$1.6 billion in aggregate principal amount of its senior notes maturing in 2022 and 2024. The $800 million of 2022 senior notes and $800 million of 2024 senior notes will pay interest semiannually...

Trevali Mining Corp (TREVF.PK, TV.TO) on Thursday provided a status update on construction and mine-start activities at its wholly-owned Caribou mine and mill complex located in the Bathurst Mining Camp of northeastern New Brunswick, Canada. According to the company, both surface and underground...

Horizon Pharma Inc (HZNP) said Thursday its stockholders approved its acquisition of Vidara Therapeutics International plc. In March, Horizon agreed to buy Vidara through a reverse merger for stock and cash valued at about $660 million. Vidara is a privately-held, profitable specialty pharmaceutical...