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Unmanned aircraft systems maker AeroVironment Inc (AVAV) on Tuesday said it has appointed Raymond Cook as senior vice president and chief financial officer, effective immediately. Cook succeeds Teresa Covington, who has served as interim CFO since February. Teresa will remain vice president, Finance....

BB&T Corp (BBT) on Tuesday said it received regulatory approval from the Federal Reserve, the FDIC and all required state regulators to acquire Susquehanna Bancshares Inc (SUSQ). The transaction is expected to close effective August 1, 2015, and systems conversion is expected during the fourth quarter...

The Container Store Group Inc (TCS), a retailer of storage and organization products, on Tuesday reported first-quarter net loss of $5.2 million or $0.11 per share compared with a loss of $3.6 million or $0.07 per share last year. Revenues for the quarter were $169.8 million compared with $173.4 million...

Atara Biotherapeutics Inc (ATRA) on Tuesday said it has commenced an underwritten public offering of shares of its common stock and expects to raise gross proceeds of approximately $125.0 million. In addition, Atara Bio expects to grant the underwriters a 30-day option to purchase up to an additional...

VMware Inc (VMW) on Tuesday said it expects to report non-GAAP revenue for the second quarter that excludes the recently announced settlement with the Department of Justice and General Services Administration for $75.5 million, which was paid in cash. This payment will be recorded as a reduction of...

Time Inc (TIME) on Tuesday announced the acquisition of inVNT, an experiential company that specializes in live media, digital and traditional media, brand environments and creative services. inVNT manages events such as the Cadillac V-Series Media Drives, Intel Developer Forum and PCNA (PepsiCo)...

Depomed Inc. (DEPO) confirmed that it has received an unsolicited, highly conditional, non-binding proposal from Horizon Pharma plc (HZNP) to acquire all of the outstanding shares of Depomed in an all-stock transaction valued at $29.25 per share. Depomed Board determined that it was not in the best interests...

Pinnacle Entertainment, Inc. (PNK) confirmed that its board of directors has received a letter from Gaming and Leisure Properties, Inc. (GLPI) regarding a revised proposal to acquire Pinnacle's real estate assets. Pinnacle Entertainment said it has engaged in ongoing talks GLPI in order to provide...

BMW Motorrad, the motorcycle brand of the German luxury car giant Bayerische Motoren Werke AG or BMW Group (BAMXY.PK, BAMXF.PK, BMW.L) announced 31.0 percent increase in motorcycles and maxi scooters sale for the month of June 2015, compared to the prior year. The company sold 15,490 vehicles in June...

Marks and Spencer Group plc. (MKS.L) said that it will commence a share repurchase programme of Marks & Spencer's ordinary shares of 25 pence each up to a maximum consideration of 90 million pounds. The company noted that it has entered into an irrevocable, non-discretionary arrangement with Morgan...

Mattersight Corp. (MATR) announced strong bookings in the second quarter, and also raised its 2015 guidance. The company said that Annual Contract Value or ACV bookings for the second quarter were $5.8 million, the second-highest bookings quarter in the company's history. This brings ACV bookings...

TSYS (TSS) on Tuesday announced that it has signed a long-term renewal with U.S. Bank. As part of the agreement, TSYS will continue to support the bank's commercial card payment services in the United States, Europe and Canada, and will also support their acquiring business. Terms of the multi-year...

Cruise operator Carnival Corp. & plc (CCL, CUK, CCL.L) announced that the U.S. Department of the Treasury and the U.S. Department of Commerce granted approval for the company to begin travel to Cuba. Carnival Corporation said it plans to take travelers to Cuba beginning in May 2016 via its newly launched...

Gaming and Leisure Properties Inc. (GLPI) announced a revised proposal to acquire the real estate assets of Pinnacle Entertainment, Inc. (PNK). Under the new proposal, Pinnacle shareholders would receive a fixed exchange ratio of 0.85 GLPI common shares per Pinnacle share for the real estate assets,...

Esperion Therapeutics Inc. (ESPR) said Tuesday that the U.S. Food and Drug Administration has removed the 240 mg partial clinical hold on ETC-1002 (bempedoic acid). This action by FDA will now allow ETC-1002 to be used at doses above 240 mg in clinical studies. Esperion noted that it plans to initiate...

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