ARIAD Pharmaceuticals, Inc. ARIA announced the commencement of a phase I/II study on AP32788, for the treatment of patients with non-small cell lung cancer (NSCLC) with specific mutations in EGFR or HER2. […]
Microsoft Corporation MSFT announced a deal with Xiaomi on Wednesday per which it will sell 1500 of its patents to the Chinese smartphone maker. As a part of this deal Xiaomi will install Office, Skype and other Microsoft software on its phones and tablets. The financial terms of the deal have yet to be disclosed. […]
MGM Resorts International MGM and MGM Growth Properties LLC MGP announced that MGM Resorts has inked a definitive agreement to acquire a 50% stake in Boyd Gaming Corporation's BYD Borgata Hotel Casino & Spa. MGM Resorts will pay a sum of $900 million for Borgata Hotel Casino & Spa, which is located in Atlantic City, NJ. […]
Cargill to acquire Fort Worth-based Five Star Custom Foods, Ltd. Facilities in Fort Worth, Texas and Nashville, Tenn. will enhance Cargill’s cooked protein capabilities PR Newswire FORT WORTH, Texas and WICHITA, Kan., June 1, 2016 FORT WORTH, Texas and WICHITA, Kan […]
U.S. LBM Acquires Raymond Building Supply Leading Building Supply Company Further Expands in Growing Florida Market PR Newswire NORTH FORT MYERS, Fla., June 1, 2016 NORTH FORT MYERS, Fla. , June 1, 2016 /PRNewswire/ — U.S. […]
Compass Diversified Holdings Subsidiary, Clean Earth, Acquires EWS Alabama Accretive Add-On Acquisition Strengthens Clean Earth’s Capabilities, Creates New Cross-Selling Opportunities and Expands Geographic Presence PR Newswire WESTPORT, Conn., June 1, 2016 WESTPORT, Conn. , June 1, 2016 /PRNewswire/ — Compass Diversified Holdings (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, announced today that its subsidiary, Clean Earth, Inc. […]
Westport Completes Merger with Fuel Systems PR Newswire VANCOUVER, June 1, 2016 ~ Combination creates innovative, global leader in alternative fuel, engine and vehicle sector; renamed Westport Fuel Systems Inc.~ VANCOUVER , June 1, 2016 /PRNewswire/ – Westport Fuel Systems Inc. ( TSX:WPT / Nasdaq:WPRT ), a premier global company for the engineering, manufacturing and supply of alternative fuel systems and components, announced today completion of the merger between Westport Innovations Inc. and Fuel Systems Solutions, Inc […]
Currently, though the U.S. economy may not have many economic stats in its favor, the housing market is certainly a major bright spot at the moment. […]
Over the past one week, though defense primes smarted under market depreciations, it did not stop them from picking up big ticket programs from the Pentagon’s funding list. To that effect, Boeing BA secured a major contract from the U.S. […]
Tobacco companies may heave a sigh of relief as the White House has reportedly decided to exclude e-cigarettes from a recent anti-tobacco regulation proposed by The Food and Drug Administration (FDA). FDA had announced that tobacco makers must seek marketing authorization for any tobacco product introduced after Feb 15, 2007. The law was extended to include e-cigarettes, pipe tobacco, cigars and hookah and was expected to be effective from Aug 2016 […]
Convergint Technologies Closes Fifth Acquisition In Five Months PR Newswire SCHAUMBURG, Ill., June 1, 2016 SCHAUMBURG, Ill., June 1, 2016 /PRNewswire/ — Convergint Technologies , a worldwide leader in service-based systems integration, today announced the acquisition of Corporate Security Services, located in Edison, New Jersey . This marks the fifth acquisition that Convergint has completed in as many months. Convergint continues to drive double digit growth both organically and through acquisitions, four of which have deepened its capabilities domestically, and one that has expanded its global footprint […]
Diplomat Completes Acquisition of TNH Advanced Specialty Pharmacy The nation’s largest independent specialty pharmacy strengthens its services portfolio with TNH’s business presence in California and Texas. PR Newswire FLINT, Mich., June 1, 2016 FLINT, Mich. […]
Ashford Trust Completes Sale of 5-Hotel Select-Service Portfolio and Provides Update on Other Planned Sales PR Newswire DALLAS, June 1, 2016 DALLAS , June 1, 2016 /PRNewswire/ — Ashford Hospitality Trust, Inc. (NYSE: AHT) (“Ashford Trust” or the “Company”) announced today that it has completed its previously-announced sale of a 5-hotel, 1,396-room portfolio of select-service hotels for $142 million in cash ( $102,000 per key) to Noble Investment Group (“Noble”). […]
TeamHealth Acquires Operations of Tri-City Emergency Medical Group PR Newswire KNOXVILLE, Tenn., June 1, 2016 KNOXVILLE, Tenn. , June 1, 2016 /PRNewswire/ — TeamHealth Holdings, Inc. (NYSE:TMH), a leading physician services organization, announced the acquisition of the operations of Tri-City Emergency Medical Group based in Oceanside, California . […]
African oil powerhouse Nigeria has been rocked by attacks on its oil industry. In fact, the wave of hostilities over energy infrastructure by militants since February has sunk Nigeria’s oil output to a 20-year low of around 1.4 million barrels per day. Calling itself the Niger Delta Avengers, the main militant group claims that their fight is for the natives of the oil rich Niger Delta to get a bigger share of oil wealth […]
For all the people that turned negative on Apple AAPL because of flagging iPhone sales in China, let me tell you — Apple’s China market position isn’t as bad as it looks. Yes, revenues in Greater China were down 26% this past quarter, somewhat impacted by currency. But the iPhone maker remains one of the top smartphone sellers in the country […]
Navistar International Corporation NAV is set to report second-quarter fiscal 2016 (ended Apr 30, 2016) results on Jun 2. In the last quarter, the company delivered a positive earnings surprise of 48.05%. Let’s see how things are shaping up for this announcement […]
This week, the biotech sector saw quite a few updates on the regulatory and pipeline front. While companies like Sarepta SRPT , Biogen BIIB , AbbVie ABBV and Intercept ICPT came out with encouraging news, Ionis IONS suffered a setback. […]
Bureau Veritas continues expansion in US petrochemical market with the acquisition of Summit Inspection Services PR Newswire HOUSTON, June 1, 2016 HOUSTON , June 1, 2016 /PRNewswire/ — Bureau Veritas has acquired Summit Inspection Services, Inc. (Summit), a US company specialized in fugitive emissions inspection services for the OPEX petrochemical industry. Founded in 1998 and based in California , Summit is an industry leader in fugitive emissions control and leak detection & repair for oil refineries and chemical facilities […]
TAC Energy Acquires Mutual Oil Co. Inc. Wholesale Unbranded Fuel Assets Texas based oil marketer expands operations in the Northeast […]
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