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Ryko Solutions Completes Sale, Leaseback

Transaction frees funds for aggressive growth strategy. Ryko Solutions Inc., a full-spectrum supplier of car wash equipment, cleaning products and services support in North America has completed a sale leaseback of its 250,000 square foot manufacturing facility in Grimes, Iowa.   The move was a both a strategic part of the company’s recapitalization plan and a

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Core-Mark Announces Q4 2011 Investor Call

Core-Mark Holding Co. Inc. plans to release its earnings before the market opens on Thursday, March 8, 2012, for the fourth quarter and year ended Dec. 31, 2011 and will host an investor call later that morning. The call is scheduled for Thursday, March 8, 2012 at 9 a.m. Pacific time and can be accessed

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Marathon Petroleum Corp. Receives Unsolicited Mini-Tender Offer

MPC urges shareholders to reject tender offer by TRC Capital Corp. Marathon Petroleum Corp. (MPC) has received notification of an unsolicited mini-tender offer by TRC Capital Corp. to purchase up to 2,000,000 shares (approximately 0.58%) of MPC’s outstanding common stock at a price of $41.50 per share. The offer price was 4.47% below the closing

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PeopleMatter Secures $14 Million Financing

Focus on hourly workers in $2.5B market sets software company apart. PeopleMatter, provider of a talent management solution (TMS) specifically designed for hourly workforces in the service industry, announced today a $14-million Series C round of venture funding led by Morgenthaler Ventures. This financing will continue to accelerate PeopleMatter’s product-innovation and customer-acquisition strategies. Existing investors

A Third Investor Sues Casey’s

Casey’s General Stores Inc. now faces three lawsuits from investors, who demand the chain stop its defensive tactics and negotiate the hostile bid by Alimentation Couche-Tard Inc, The National Post reported. The most recent suit, came last week-a class-action petition filed in Iowa, by the Kentucky State District Council of Carpenters Pension Trust Fund. It

Shell Changes Executive Pay

Shell is changing the way it rewards senior managers, less than a year after shareholders revolted against its executive-pay policies, the Wall Street Journal reported. In a letter to investors, Hans Wijers, chairman of Shell’s remuneration committee, said salaries paid to Chief Executive Peter Voser and Chief Financial Officer Simon Henry-who stepped into their current

Reay’s Ranch Raises More Than $141,000 For Arizona’s Children Association

Employees at Reay’s Ranch stores spent the last year dedicated to an important cause. In January 2009 the employees of Reay’s Ranch Investors’ Super Stop and Minit Market convenience stores and Gordon’s IGA Markets in Southern Arizona made it their goal to raise $100,000 to benefit vulnerable children and families served by Arizona’s Children Association

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