Month: September 2018

Allergan AGN announced that the FDA has accepted its supplemental new drug application (sNDA) for approval of its schizophrenia drug, Vraylar (cariprazine) for an expanded patient population. The sNDA is seeking approval of Vraylar for the treatment of adults with major depressive episodes related to bipolar I disorder. Notably, Vraylar is already approved in the United States and the EU for acute therapy of manic or mixed episodes associated with bipolar I disorder as well as for schizophrenia. […]

It’s apparent that the cloud is coming of age, since major infrastructure providers are increasingly collaborating on important things like network sharing to lower customer cost and increase customer choice. So content distribution network CDN Cloudflare, which garnered experience through its Interconnect partnership with Alphabet’s GOOGL Google Cloud, has gone a step further to take the concept to a broader group of providers including Microsoft MSFT Azure, IBM IBM Cloud, Automattic, Backblaze, DigitalOcean, DreamHost, linode, packet, Scaleway and Vapor through what it calls the Bandwidth Alliance. To understand the benefit, we need to understand the problem first: infrastructure providers typically don’t charge for data coming to them but only for data that leaves their infrastructure, so customers that have committed more money to a particular provider find it almost impossible to leave […]

Last week saw the continuation of the trade spat between the United States and China, adding to the worries of auto companies. Apart from trade-related tensions, cases of recalls put auto sector on low gear. Per the Associated Press, Japanese auto giant Nissan Motor Company NSANY recalled around 240,000 vehicles from all over the world […]

Oracle ORCL recently released Java Special Edition (SE) version 11 or Java Development Kit (JDK) 11. Notably, the new Java version is compatible with advanced secure Internet protocols and cryptographic standards of HTTP/2 and TLS 1.3, to mention a few. […]

V.F. Corporation ’s VFC subsidiary, TBL Licensing LLC has extended its licensing agreement with the leading eyewear maker, Marcolin Group, till December 2023. This licensing agreement includes renewal of contract for the designing, manufacturing and distribution for the Timberland optical frames and sunglasses […]

Valmont Industries, Inc. VMI entered into an agreement to purchase the assets of CSP Coatings Systems of Auckland, New Zealand. The deal will be funded with cash on hand and is expected to complete in the fourth quarter of fiscal 2018. […]

Chevron Corporation ’s CVX recently received an approach from a potential buyer for its stake in the Rosebank field offshore U.K. It has received an expression of interest for its 40% operating interest in the Rosebank project, per reports. The identity of the buyer is yet to be revealed […]

Shares of Alexion Pharmaceuticals, Inc . ALXN gained 5.1% after the company announced that it will acquire a clinical-stage biotechnology company, Syntimmune, for $1.2 billion. […]

J. C. Penney Company, Inc […]

Domino's Pizza, Inc. ’s DPZ strong international presence, sales-building initiatives and franchising strategy have been working in favor of the company. The stock has seen a gain of 46.7% in a year’s time, outperforming the industry ’s collective rise of 9.1% […]

Facebook FB unveiled its new virtual reality (VR) headset — Quest — on Sep 26 at fifth Oculus Connect developer conference in San Jose, CA. The stand-alone device, which is third from the Oculus family, won’t require a Smartphone or desktop support. […]

In a bid to deliver people-based marketing, Acxiom Corporation ’s ACXM unit LiveRamp recently partnered Thunder Experience Cloud. Notably, this individual-based initiative is a significant improvement over cookie-based marketing. […]

On Sep 25, Oasis Midstream Partners LP OMP was raised to a Zacks Rank #1 (Strong Buy), implying that the stock will significantly outperform the broader U.S. equity market over the next one to three months. Why the Upgrade […]

Hyatt Hotels Corporation H has announced its plan to expand footprint in Africa by adding nine hotels therein. Backed by such strategic endeavors, the company intends to double the hotel count by 2020-end. […]