Smith & Wesson Boosts Annual Guidance

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Smith & Wesson Holding again boosted its annual guidance as the company on Tuesday reported better-than-expected firearms sales for the quarter ended January.

Bob Evans Opts Not to Spin Off Food Ops

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Bob Evans Farms said it won’t pursue a sale or spinoff of its foods unit and it has hired J.P. Morgan to advise on strategic options for its real estate.

Vitamin Shoppe Names Colin Watts CEO

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Vitamin Shoppe Inc. said former Weight Watchers International Inc. and Walgreen Co. executive Colin Watts will become chief executive of the nutritional-products seller.

Civil Trial Begins in Trinity Mirror's Phone-Hacking Case

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Journalists at newspapers owned by Trinity Mirror PLC intercepted mobile phone voice-mail messages on an “industrial scale,” a U.K. court was told Tuesday.

Bell Helicopter Announces Deals

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Bell Helicopter on Tuesday announced deals that could lead to the sale of more than 200 aircraft, helping to counter the weakness in a market hit by the slowdown in work from the oil and gas industry.

Canada Telecom Company BCE Reaches Pension Deal With Sun Life

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Canadian communications company BCE Inc. is taking further steps to strip risk out of its pension obligations by striking a multibillion-dollar deal to transfer what it calls “longevity risk” to insurer Sun Life Financial Inc.

Strike Forces Norwegian Air to Cancel Scandinavian Flights

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Airline Norwegian Air Shuttle said it will cancel all domestic flights in Norway, Sweden and Denmark starting Wednesday because of a widening pilots’ strike.

India Deals Blow to Gold Prices

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India’s decision to maintain an import duty on gold dealt a fresh blow to a metal that has been hit hard this year by a strengthening dollar and policy shifts around the globe.

Morgan Stanley Expects Suit From NY AG Over Mortgage Bonds

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Morgan Stanley said the New York Attorney General’s Office plans to sue the firm alleging it had misled investors in bonds tied to subprime mortgages.

Actavis to Wrap Up Mega-Bond Sale Tuesday

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Actavis plans to complete its more-than-$20-billion bond offering on Tuesday, the latest sign of a booming bond market and a deal which would rank as the second-largest corporate offering on record.

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