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Vulcan Materials Company (VMC) announced it has reached a definitive agreement with SPO Partners to acquire its aggregates business, Aggregates USA LLC for $900 million in cash. Vulcan expects the transaction to be accretive to the company's earnings per share in the first year following the close. Aggregates...

Royal Bank of Canada (RY.TO, RY) reported second-quarter net income of C$2.81 billion, up 9% from a year ago. Earnings per share was C$1.85 compared to C$1.66. The company said its results for the quarter reflect strong earnings in Capital Markets, Investor & Treasury Services, and Wealth Management,...

Canadian Imperial Bank of Commerce (CM.TO, CM) reported second-quarter adjusted EPS of C$2.64, compared to C$2.40, a year ago. Second-quarter reported net income was C$1.05 billion, compared with C$941 million, prior year. Reported earnings per share was C$2.59, compared with C$2.35. Victor Dodig,...

B&M European Value Retail SA (BME.L) Thursday announced 18.4 percent increase in profit before tax for fiscal 2017 to 182.9 million pounds from 154.5 million pounds in the prior year. The retailer recorded group adjusted profit before tax of 190.1 million pounds or 14.9 pence. Group revenue for...

Pet foods and accessories retailer Pets at Home Group Plc (PETS.L) Thursday announced a slight increase in profit before tax to 95.4 million pounds from 92.1 million pounds last year. Pre-exceptional earnings per share were 15.1 pence, up from 14.6 pence a year ago. Profit for the period was 75.36...

Petrofac Ltd. (POFCF.PK, POFCY.PK, PFC.L) announced a Committee of the Board has been established to be solely responsible for the company's engagement with the SFO and to oversee the company's response to their investigation. The Committee comprises the Chairman, Independent Non-executive Directors...

United Utilities Group plc (UU.L, UUGRY.PK) reported profit before tax of 442 million pounds for the year ended 31 March 2017, compared to 353.5 million pounds, prior year, reflecting fair value movements and other adjusting items. Profit after tax increased to 433.9 million pounds or 63.5 pence per...

AIXTRON SE (AIXG) announced it is to sell the ALD and CVD memory product line, at AIXTRON, Inc. based in Sunnyvale, California to Eugene Technology Inc., a U.S. subsidiary of Eugene Technology Co., Ltd, South Korea. The agreed purchase price in a range between $45 million and $55 million will be paid...

Avnet Inc. (AVT), a technology distributor, announced Thursday that it will be merging its distribution centres in to one new facility to increase productivity efficiency and speed-to-delivery. The new modern mega facility will consolidate Avnet's distribution centres in Hong Kong and Shenzhen from...

Chinese PC and mobile maker Lenovo Group Ltd. (LNVGY.PK) reported Thursday that its fourth-quarter net profit attributable to equity holders was $107 million, down 41 percent from $180 million last year. Earnings per share in the fourth fiscal quarter were 0.97 US cents or 7.56 HK cents, compared...

WideOpenWest, Inc. (WOW), called as WOW!, announced late Thursday the pricing of its initial public offering of 18.24 million shares of its common stock at a price to the public of $17 per share. In connection with the offering, the company has granted the underwriters a 30-day option to purchase...

Glencore Plc (GLCNF.PK, GLNCY.PK, GLEN.L) announced the results of the poll of the Resolutions of the Annual General Meeting held, 24 May 2017. All resolutions were carried at the AGM. Glencore is one of the world's largest global diversified natural resource companies and a major producer and marketer...

Eaton Vance Corp. (EV) reported that its net income attributable to shareholders for the second quarter of fiscal 2017 grew to $71.98 million from $54.97 million last year. Earnings per share were $0.62, an increase of 29 percent from $0.48 of earnings per share in the second quarter of fiscal 2016. Quarterly...

JA Solar Holdings Co. Ltd. (JASO), a Chinese manufacturer of high-performance solar power products, reported Wednesday that its first-quarter net income was 8.1 million Chinese yuan or $1.2 million, compared to 158.0 million yuan or $23 million last year. Earnings per ADS were 0.17 yuan or $0.03,...

Coca-Cola Co. (KO) said that it is moving closer to completing the refranchising of its Company-owned territories in the United States. Coca-Cola Refreshments executives Paul Mulligan and Fran McGorry are joining together to form a new bottling company called Liberty Coca-Cola Beverages LLC. They...

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