Mergers & Acquisitions

TMD Friction S.A. Acquired by Tokyo Based Nisshinbo Holdings Inc.

TMD Friction S.A. Acquired by Tokyo Based Nisshinbo Holdings Inc. PR Newswire LUXEMBOURG, September 26, 2011 LUXEMBOURG , September 26, 2011 /PRNewswire/ — Combined business will become the world’s largest automotive brake friction manufacturer – TMD Friction Group SA (“TMD” or the “Company”), the world’s leading manufacturer of friction materials for automotive and industrial applications, today announces its shareholders have reached agreement with Nisshinbo Holdings Inc. […]

Stock Analysts

Alexion Pharma on a High (ALXN)

Good news flowed in at Alexion Pharmaceuticals, Inc. ( ALXN ) from both the US and Europe regarding its drug Soliris (eculizumab). While, the US Food and Drug Administration (FDA) cleared Soliris for the atypical hemolytic uremic syndrome (aHUS) indication, the European Committee for Medicinal Products for Human Use (CHMP) backed its approval for the same indication in the European Union (EU) […]

Stock Analysts

Busy Economic Calendar This Week (EK) (UBS)

The market suffered one of its worst one-week performances since the fall of 2008 last week as concerns about the economy took back center stage. Investors had been fretting about the economic outlook all summer long. But it got spooked by the apparent downgrade to the Fed’s growth outlook in the post-FOMC meeting statement last week […]

Panasonic Drives Sustainability and Gains Efficiencies While Meeting Environmental Compliance With Recycling Management Solution from SAP

Panasonic Drives Sustainability and Gains Efficiencies While Meeting Environmental Compliance With Recycling Management Solution from SAP PR Newswire WALLDORF, Germany, Sept. 26, 2011 WALLDORF, Germany , Sept. 26, 2011 /PRNewswire/ — Manufacturers are seeing a rapid expansion in the number and scope of regulations around product and packaging recycling, such as the European Waste Electric and Electronic Equipment (WEEE) Directive. […]