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Revlon Inc. said Tuesday that Juan Figuereo was elected chief financial officer by the board of directors, effective immediately. Figuereo most recently served as chief financial officer of NII Holdings Inc. between Oct. 2012 and Oct. 2015. NII Holdings is a wireless provider under the Nextel brand in Brazil. Revlon shares are inactive in premarket trading, but up 30.2% for the year so far. The S&P is down 0.1% for the year to date.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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From:: Stock Market News

Revlon Inc. said Tuesday that Juan Figuereo was elected chief financial officer by the board of directors, effective immediately. Figuereo most recently served as chief financial officer of NII Holdings Inc. between Oct. 2012 and Oct. 2015. NII Holdings is a wireless provider under the Nextel brand in Brazil. Revlon shares are inactive in premarket trading, but up 30.2% for the year so far. The S&P is down 0.1% for the year to date.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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From:: Stock Market News

Cracker Barrel Old Country Store Inc. said Tuesday that Jill Golder will join the company on April 25 and assume the responsibilities of chief financial officer on June 6. She replaces Lawrence Hyatt, who will continue to serve in the CFO role until June 6. He previously announced his retirement. Golder was most recently the CFO of Ruby Tuesday Inc. and spent 23 years at Darden Restaurants Inc. . Cracker Barrel shares are inactive in premarket trading, but up 19.5% for the year so far. The S&P 500 is down 0.1% for the year to date.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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From:: Stock Market News

Alaska Air Group Inc. unit Horizon Air has agreed to buy 30 three-class Embraer E175 jets, in a deal valued at $2.8 billion. The order includes 33 options and is the airline’s biggest since it was founded in 1981, according to a statement. The jets will expand the Portland-based carrier’s fleet of Bombardier Q400 turobprops, it said. Horizon plans to start using the jets exclusively for Alaska Airlines under a capacity purchase agreement that will launch in Spring 2017. The jets “will allow the carrier to fly ‘long, thin routes’ — destinations that are too distant for a turboprop, but currently don’t have enough customer demand to fill a mainline jet,” said the statement. Alaska Air last week won the bidding for Virgin America over rival Jetblue Airways Corp. in a deal with an equity value of $2.6 billion. Shares were not yet active in premarket trade, but are down 2.5% in the year so far, while the S&P 500 is down 0.1%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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From:: Stock Market News

Duke Energy announced Dhiaa Jamil as executive vice president and chief operating officer Tuesday. Jamil currently works at the company on sectors including nuclear, fossil and hydro fuels and operations. The company also announced Melissa Anderson as executive vice president of administration and chief human resources officer.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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From:: Stock Market News

Singapore-based Shanda Group has agreed with Trian Fund Management to purchase a 9.9% stake in asset manager Legg Mason Inc. , the companies said in a statement Tuesday. Legg Mason shares rose 1.7% in premarket trade, but are down 20% in the year so far, while the S&P 500 is down 0.1%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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From:: Stock Market News