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Disney agrees to buy out India’s UTV Software

Disney agrees to buy out India’s UTV Software

Walt Disney Co. DIS -0.21% said it would buy a controlling interest in Indian entertainment company UTV Software Communications Ltd. , which it said would make Disney the country’s leading film studio.

Fortinet quarterly profit up 2.2% as billings jump

Fortinet quarterly profit up 2.2% as billings jump

Fortinet Inc.’s FTNT +8.72% fourth-quarter earnings climbed 2.2% as the network-security company again reported double-digit billings growth.

Olympus plans to report April-Dec. results Feb. 13

Olympus plans to report April-Dec. results Feb. 13

Scandal-hit Olympus Corp. said Friday it will release its earnings results for the April to December period on Feb. 13, a day before a legal deadline for listed firms to submit their accounts.

Citrix earnings rise; 2012 earnings view downbeat

Citrix earnings rise; 2012 earnings view downbeat

Citrix Systems Inc.’s CTXS -0.90% fourth-quarter profit rose 15% as the virtualization-and-infrastructure company posted revenue gains across its segments.

TransDigm to buy plane-seatbelt maker AmSafe

TransDigm to buy plane-seatbelt maker AmSafe

TransDigm Group Inc. TDG -0.14% agreed to buy seatbelt-maker AmSafe Global Holdings Inc. for about $750 million in cash, continuing the aerospace supplier’s recent streak of acquisitions.

Alliant Energy CEO to retire in March

Alliant Energy CEO to retire in March

Alliant Energy Corp. LNT -0.21% said Chairman and Chief Executive William D. Harvey would retire at the end of March and named its operating chief as his successor.

Gap’s Old Navy pres. leaves for education company

Gap’s Old Navy pres. leaves for education company

Gap Inc. GPS -0.31% said the leader of its Old Navy discount brand is departing to work at a privately held early-childhood education company.

Tokyo bourse to keep Olympus shares listed: report

Tokyo bourse to keep Olympus shares listed: report

The Tokyo Stock Exchange plans to keep shares of Olympus Corp. listed as it has concluded that the company’s accounting scandal did not have a significant effect on the stock market,…

Shutterfly CFO to depart for med tech firm

Shutterfly CFO to depart for med tech firm

Shutterfly Inc. SFLY -6.48% said its financial chief was departing to “pursue a personal passion” with a medical technology company,…

Google names VMware co-founder Greene to board

Google names VMware co-founder Greene to board

Google Inc. GOOG -0.07% said Thursday that Diane Greene, a co-founder of VMware Inc. VMW +0.14% ,…

Biogen CEO tries to refill early-stage pipeline

Biogen CEO tries to refill early-stage pipeline

Biogen Idec Inc. BIIB +0.23% Chief Executive George Scangos is trying to solve a problem of his own creation:…

Nike to build new China headquarters

Nike to build new China headquarters

Nike Inc. NKE +0.24% said it would build a new headquarters in China to support its long-term growth strategies there.

Whirlpool calls for probe into Samsung, LG

Whirlpool calls for probe into Samsung, LG

Whirlpool Corp. WHR +0.02% has filed petitions with the Commerce Department and International Trade Commission alleging Samsung Electronics Co. Ltd. (SSNHY, 005930.SE)…

GE Capital sees dividend returning in 2012

GE Capital sees dividend returning in 2012

The finance arm of General Electric Co. GE said it was on track to resume paying a dividend to its parent, forecasting double-digit earnings growth next year as lending margins improved and its real-estate portfolio rebounded.

Tepco may sell thermal power plants, report says

Tepco may sell thermal power plants, report says

Tokyo Electric Power Co. is considering putting some of its thermal power plants up for sale partly to drum up funds for compensation for the disaster at the Fukushima Daiichi nuclear facility, the Yomiuri Shimbun reported in its Wednesday morning edition.

Getty Realty shares off, ex-affiliate seeks Ch. 11

Getty Realty shares off, ex-affiliate seeks Ch. 11

Getty Realty Corp.’s GTY -3.18% stock dropped in recent trading following news that its largest revenue source sought Chapter 11 protection Monday.

Iron Ore Holdings makes magnetite discovery

Iron Ore Holdings makes magnetite discovery

Iron Ore Holdings Ltd. said Tuesday it has made a large magnetite discovery within 10 kilometers of Rio Tinto PLC’s RIO -1.70% Mesa J iron ore mine in Australia’s remote Pilbara region.

Goldman co-head of asset management retires: NYT

Goldman co-head of asset management retires: NYT

Goldman Sachs Group Inc.’s GS -0.05% co-head of asset management Edward Forst is retiring, the New York Times reported on its Dealbook blog Friday, citing an internal memo sent to employees.

RBS reaches $52 mln settlement with Mass. AG

RBS reaches $52 mln settlement with Mass. AG

Royal Bank of Scotland Group PLC (RBS, RBS.LN) will pay $52 million in order to settle charges filed by the state of Massachusetts that a unit put unfair residential mortgages into investment pools.

Euro breakup is one possible outcome: Merrill

Euro breakup is one possible outcome: Merrill

Bank of America Merrill Lynch (BAC) offered a fresh sign of how rapidly the euro crisis is escalating Friday, telling clients in a research note that a break-up of the 17-country currency is a possibility