Curis, Inc. ( CRIS ) announced that it has entered into an exclusive collaboration agreement with Aurigene Discovery Technologies Limited, an independent, wholly owned subsidiary of Dr. Reddy's Laboratories Ltd. […]
Echo Therapeutics Inc. ( ECTE ), a firm engaged in the development of transdermal skin permeation and diagnostic medical devices, recently announced re-establishment of its contract with Medical Technologies Innovation Asia (MTIA), Ltd. Following the restoration of the partnership, Echo Therapeutics has started the technology transfer process […]
In another move to expand its store base, Nordstrom Inc. ( JWN ) announced the opening of three new Rack outlets in New Jersey, California and Pennsylvania. Spanning across 36,000 square feet, the company’s latest Rack store in New Jersey will be located at Wayne Towne Center in Wayne. […]
Illumina, Inc. ( ILMN ), a major developer of life science tools for large-scale genetic analysis, has launched MiSeq FGx Forensic Genomics System, the first fully approved next-generation (NGS) system specifically for forensic genomic applications. This has definitely raised the company's value in the forensic DNA analysis space […]
Lowe's Companies Inc. ( LOW ) will be hiring 30,000 seasonal staff to manage traffic over the spring season. Although recruitment this year is up by 5,000 employees than last year, it is way below 45,000 employees hired in 2013. […]
The tobacco industry has been facing the brunt of worldwide anti-tobacco campaigns which are prompting governments to impose restrictions on the sale of tobacco products. The industry was hit hard again after the U.K. Public Health Minister, Jane Ellison, announced on Jan 21 that the British government supports the ban on brand packaging on cigarette packs. […]
BioMarin Pharmaceutical Inc. ( BMRN ) announced the pricing of its underwritten public offering of common stock worth approximately $792.6 million. The company is looking to issue 8.5 million shares of its common stock at a price of $93.25 per share. […]
Endo International ( ENDP ) announced that its wholly owned subsidiaries, Endo Limited, Endo Finance LLC and Endo Finco Inc. priced $1.2 billion aggregate principal amount of 6.00% senior notes due Feb 2025 at par with a face value of $1,000 on Jan 20. The company had announced the proposed private offering of senior notes earlier this week […]
Vornado Realty Trust ( VNO ) has decreased its dividend by 13.7% to 63 cents per share from 73 cents paid earlier, as a result of the spin-off of Urban Edge Properties ( UE ). However, this dividend, as the company noted, when pooled with expected Urban Edge dividend, remains the same. Vorando’s new dividend would be paid on Feb 17, 2015 to shareholders of record as on Feb 2. […]
Leading business service provider Cintas Corporation ( CTAS ) recently offered tips for fighting workplace illness. Cintas is well known for its hard work, dedication and building a cordial relationship between management and employee-partners. […]
Chinese e-commerce giant Alibaba Group Holding Limited ( BABA ) will reportedly start booking railway tickets during China’s Lunar New Year celebration. Alibaba will work with the state-run train booking website, 12306.cn. However, Alibaba did not comment on the reports. […]
Shares of State Auto Financial Corp. ( STFC ) declined 2.62% to close at $20.80 per share on Jan 20. This fall came after the company announced that it will add pre-tax reserves worth $72 million to restore the prior-year loss and loss expense reserves to be reflected in the fourth quarter of 2014 […]
The new year does not appear to be happy for some U.S. Steel ( X ) workers. The steel giant said yesterday that it would temporarily shutter plants in Illinois and Indiana, laying off 545 more people starting Mar 2015 […]
Novartis ( NVS ) announced that the FDA has approved Cosentyx for the treatment of moderate-to-severe plaque psoriasis in adult patients who require systemic therapy or phototherapy (light therapy). Cosentyx is the first approved human monoclonal antibody that selectively binds to interleukin IL-17A. […]
Robbins Arroyo LLP: Acquisition of City National Corporation (CYN) by Royal Bank of Canada (RY) May Not Be in Shareholders’ Best Interests PR Newswire SAN DIEGO and LOS ANGELES, Jan. 22, 2015 SAN DIEGO and LOS ANGELES , Jan. 22, 2015 /PRNewswire/ — Shareholder rights attorneys at Robbins Arroyo LLP are investigating the proposed acquisition of City National Corporation (NYSE: CYN) by Royal Bank of Canada (NYSE: RY) […]
Salient sets sights on providing advanced analytics for NBA teams, acquires Orobi, Inc. PR Newswire HORSEHEADS, N.Y., Jan. […]
Huntington Ingalls Industries, Inc. ( HII ) announced the formation of a new company – Stoller Newport News Nuclear or SN3 − a full-service nuclear operations and environmental services provider. This restructuring aims at integrating the expertise of S.M. […]
Royal Gold Inc. ( RGLD ) said that the operators of the Mount Milligan and Penasquito properties have released preliminary operating results for 2014 along with production forecasts for 2015. Royal Gold announced that its fully-owned subsidiary, RGLD Gold AG, purchased about 13,000 ounces of gold, in the quarter ended Dec 31, 2014, from the Mount Milligan mine as part of its purchase and sale deal with Thompson Creek Metals Company, Inc. […]
Dean Foods Company ( DF ) has appointed Marc L. Kesselman as Executive Vice President (EVP), General Counsel, Corporate Secretary & Government Affairs. Kesselman will join the company on Jan 26, 2015 and report to Chief Executive Officer, Gregg A […]
Avista Corp. ( AVA ) announced that it has reached a settlement agreement with all parties involved in its natural gas general rate filing. […]
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