Month: November 2016

In a notable development, Ventas Inc. VTR announced that it has reached agreements with Kindred Healthcare, Inc. KND that would expedite the latter’s exit from the skilled nursing segment […]

Trustmark Corporation TRMK , the holding company of Trustmark National Bank, announced that it has entered into a merger agreement with RB Bancorporation. The deal is expected to be complete in the first half of 2017. […]

There is no denying the fact that the surprise victory of Donald Trump in the U.S. presidential elections was the major talking point in the last week. […]

The board of directors of HCA Holdings, Inc. HCA recently authorized an additional share buyback program to return more value to its shareholders. […]

Over the past few weeks, banking stocks have been witnessing a bullish trend reflecting improved earnings. Further, with Donald Trump elected President, the banks expect fewer regulations. Also, chances of a rate hike in December are quite high […]

Incyte Corporation INCY and Eli Lilly and Company LLY provided updates from two phase III studies, RA-BEAM and RA-BUILD, on baricitinib for the treatment of rheumatoid arthritis (RA). RA-BEAM evaluated baricitinib, in comparison to AbbVie Inc.’s ABBV Humira, in patients who had active moderate-to-severe RA, despite ongoing treatment with methotrexate. RA-BUILD, on the other hand, evaluated the candidate, in comparison to placebo, in patients with moderate-to-severe RA who previously had an inadequate response to, or were intolerant of, at least one conventional synthetic disease-modifying antirheumatic drug (csDMARD) and had not received a biologic DMARD. […]

Argo Group International Holdings, Ltd. AGII recently signed an agreement to acquire Ariel Re for $235 million in cash. The buyout is expected to be completed during the first quarter of 2017, subject to closing conditions […]

Global broadband services and technology company, ViaSat Inc. VSAT expanded its aircraft operation capabilities with the acquisition of Arconics, which provides pioneering software solutions to the aviation industry. The financial details of the deal have been kept under wraps […]

It was a week where both oil and gas prices finished sharply lower. On the news front, European supermajor Royal Dutch Shell plc RDS.A pledged to invest $10 billion in Brazil over a five-year span, while U.S. […]

The TJX Companies, Inc. TJX reported third-quarter fiscal 2017 results, wherein its net sales, comparable store sales (comps) as well as earnings exceeded expectations. […]