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McDonald's Corp. (MCD) announced Friday that McDonald's USA president, Jeff Stratton, 58, has decided to retire after 41 years with the brand. As a result, the company has appointed former McDonald's Executive Mike Andres as McDonald's USA president effective October 15, the date of Stratton's retirement. Andres,...

Keurig Green Mountain, Inc. (GMCR), a leader in specialty coffee, coffee makers, teas and other beverages, and packaged food giant Kraft Foods Group, Inc. (KRFT), Friday announced a multi-year licensing, manufacturing, and distribution agreement for Kraft's branded coffees in Keurig portion pack formats...

Mallinckrodt Plc (MNK) Friday announced that Gary Phillips, current Senior Vice President and Chief Strategy Officer, has been appointed to serve as Senior Vice President and President of the company's Autoimmune and Rare Disease business. In addition, Ray Furey, formerly Senior Vice President and...

Agricultural machinery maker Deere & Co. (DE) announced Friday that it will place about 460 employees who work in the company's Waterloo, Iowa operations on indefinite layoff in response to current market demand for its products. It said employees were informed today of the layoffs, which are effective...

Landauer, Inc. (LDR) Friday said William Saxelby, its President and Chief Executive Officer, will resign from the company and from the board, effective September 15, 2014. The company named Michael Leatherman as the interim Chief Executive. Saxelby has agreed to work with Leatherman in the near term...

ZBB Energy Corp. (ZBB) a developer of intelligent, renewable energy power platforms and hybrid vehicle control systems, Friday said it will offer 11.52 million shares of its common stock at a price of $1.12, through an underwritten public offering. The underwriters have an option to buy up to 1.72 million...

Holloman Energy Corp. (HENC.OB) Friday announced resignation of Robert Wesolek, and appointment of Gina Serkasevich as Chief Financial Officer. "We are pleased to escalate Gina Serkasevich's position on the executive team at Holloman Energy," stated Mark Stevenson, Holloman CEO. Serkasevich joined...

Murata Electronics North America, Inc., a unit of Kyoto, Japan based Murata Manufacturing Co., Ltd. has agreed to buy all outstanding shares of Peregrine Semiconductor Corp. (PSMI) for $12.50 per share in cash or a total transaction value of $471 million. The acquisition is expected to enhance Murata's...

Women's apparel retailer Ann Inc. (ANN) posted a lower net income in the second-quarter of 2014, compared to last year. It also provided its outlook for the third quarter and updated its outlook for fiscal 2014. Net income for the second quarter of 2014 dropped to $32.7 million from $35.6 million...

Dynegy Inc. (DYN) said Friday that it has signed two separate definitive sets of agreements to acquire the ownership interests in certain Midwest generation assets from Duke Energy Corp. (DUK) and EquiPower Resources Corp and Brayton Point Holdings, LLC from Energy Capital Partners or ECP. The Purchase...

Foot Locker, Inc. (FL), a specialty athletic retailer, Friday reported higher earnings for the second quarter, as total sales grew by 12.9 percent year-over-year. The company's net income improved to $92 million or $0.63 per share from $66 million or $0.44 per share last year. For the current...

Medical device maker Covidien Ltd. (COV), which is in a deal to be bought by larger rival Medtronic, Inc. (MDT), Friday announced it has acquired Reverse Medical Corp., a privately held medical device company. Financial terms of the transaction were not disclosed. Reverse Medical is focused on expanding...

DISH Network Corp. (DISH) Friday said it appointed Steve Swain, senior vice president of Programming, as CFO to replace Robert Olson who is retiring from the company on October 15. Before his stint as senior VP of Programming, Swain was VP of Corporate Financial Planning and Analysis, and prior to...

Sports good retailer Hibbett Sports, Inc. (HIBB) Friday reported second-quarter net earnings which declined, hurt by nearly flat comparable stores sales and lower gross margin, but nevertheless topped analysts' estimates, while revenues fell short. For the 3-month period, which the company exited...

Royal Bank of Canada (RY.TO, RY) reported net income of C$2.378 billion for the third-quarter ended July 31, 2014, up C$93 million or 4% from the prior year. Earnings per share was C$1.59 up from C$1.51 in the prior year. Excluding specified items, net income was C$2.418 billion, up C$223 million...