XL Life Ltd., a subsidiary of XL Group plc XL has reinsured a block of U.S. Term Life treaties to a subsidiary of Reinsurance Group of America, Incorporated RGA . The transaction encompasses reinsuring about $22 billion of life insurance in force, involving about 290,000 policies […]
Alternative Earth Resources Inc. executes agreement to acquire Black Sea Copper & Gold Corp. […]
Neopost Canada Acquires BC-Based Pell Business Equipment Ltd. Canada NewsWire MARKHAM, ON and VANCOUVER, Dec. 3, 2015 It’s business as usual for Pell’s employees and customers throughout BC’s Greater Vancouver /Fraser Valley Region […]
On Dec 2, Aflac Inc. AFL touched a 52-week high of $66.53. We believe this rally in the stock was propelled by strong results, a dividend increase, continued favorable results and impressive performance by its different segments. […]
As expected Europe’s largest oil company Royal Dutch Shell plc RDS.A has received the final Australian approval before Christmas to proceed with the acquisition of BG Group plc − a leading upstream energy player in the UK. The Foreign Investment Review Board of Australia has approved the deal with which Shell crossed an important milestone for its BG Group acquisition. During the first half of this year, the integrated energy major had announced its purchase deal with BG Group plc. […]
The involvement of Petroleo Brasileiro S.A. or Petrobras PBR in a multi-billion dollar money laundering scandal is not a secret any more. As per Brazil’s audit court, Petrobras has faced monetary losses as high as $7.6 billion as the company’s officials offered contracts to a cartel of suppliers at much higher prices in return for bribe. […]
GlaxoSmithKline plc GSK announced that its respiratory drug, Nucala (mepolizumab), gained approval in the EU as an add-on treatment of adults suffering from severe refractory eosinophilic asthma. This makes Nucala the first and only anti-interleukin-5 (IL-5) monoclonal antibody to be approved in the EU for the treatment of patients with severe refractory eosinophilic asthma. EU approval was largely expected as the Committee for Medicinal Products for Human Use had issued a favorable opinion this September. […]
AbbVie Inc. ABBV announced that its regulatory application for the once-daily, fixed-dose formulation of hepatitis C virus (HCV) infection drug, Viekira Pak, has been accepted by the FDA. […]
The Boeing Company BA has joined forces with a consortium of research institutions and Canada’s aviation industry partners in an effort to convert forest waste like sawdust and leftover branches to sustainable aviation biofuel through thermochemical processing. Canada has expansive stretches of certified forest which help its aviation industry to assess the long-term viability of forest residue-sources biofuel. This project has received funding from Green Aviation Research and Development Network of Canada as part of its strategy to invest in technologies to reduce aviation's carbon emissions. […]
Chemical and advanced materials maker, Celanese Corporation CE has confirmed that it will permanently reduce 50% capacity at its Lanaken, Belgium, acetate tow production facility. This action reflects consistent lower global demand for acetate tow products, mainly in Europe. […]
Alphabet GOOGL -owned Google recently announced that it will shut down its music streaming service Songza at the end of January. It also said that following the closure, it plans to incorporate the service into its own flagship music streaming service Google Play Music. […]
Williams-Sonoma, Inc.’s WSM brand PBteen launched a collection of home furnishing called MayBaby by Meg DeAngelis. The collection was launched in collaboration with YouTube star, Meg DeAngelis. It will hit PBteen retail outlets and PBteen.com on Jan 1. […]
DeVry Education Group Inc. DV recently launched the ICD-10 course to help students opting for its medical coding programs to update themselves on the latest government system recoding system. […]
Chinese Internet giant Baidu Inc. BIDU has entered into a strategic partnership with e-commerce giant Amazon.com AMZN to become the default search engine for the latter’s Kindle and Fire hardware platforms operating in China, effective from today. In addition, Baidu has collaborated with Amazon to deliver search and video content. […]
Immunomedics, Inc . IMMU announced that it has reached an agreement with the FDA regarding a special protocol assessment (SPA) of the design of the first phase III trial of its lead antibody-drug conjugate (ADC) candidate, sacituzumab govitecan. Sacituzumab govitecan is being developed for the treatment of patients suffering from metastatic triple-negative breast cancer. […]
The beginning of the holiday shopping season inevitably boosts auto sales. This year too, attractive deals pulled up November U.S. auto sales by 1.2% year over year. […]
In a bid to expand its global portfolio, Starwood Hotels & Resorts Inc. ’s HOT subsidiary, St. Regis Hotels & Resorts, opened its first hotel in Dubai – The St. […]
KaloBios Announces Agreement to Acquire Benznidazole Program for the Treatment of Chagas Disease KaloBios to seek first FDA approval for Chagas Disease and accompanying Priority Review Voucher Benznidazole is the current standard of care in countries outside of the United States PR Newswire SOUTH SAN FRANCISCO, Calif., Dec. 3, 2015 SOUTH SAN FRANCISCO, Calif. […]
PDL BioPharma, Inc. PDLI announced that it received cash payments worth $133.7 million from Nov 1, 2015 through Dec 1, 2015. These include royalties of $14 million and $104.9 million from Biogen Inc. […]
The Walt Disney Company DIS is an intriguing option for investors seeking both growth and income. The company announced a dividend hike, reflecting its plan of utilizing free cash to enhance shareholder returns. […]
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