Business News

Sanofi-Bioverativ-012218-lg.jpgFrench drug giant Sanofi SA Monday announced an agreement to buy US-based hemophilia drugmaker Bioverativ Inc. (BIVV) for around $11.6 billion. The deal expands Sanofi's presence in specialty care and strengthens leadership in rare diseases. Sanofi shares were losing around 4 percent in the early morning trading in Paris.
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Astellas, Vical: Cytomegalovirus Vaccine ASP0113 Trial Fails To Meet Endpoints

Japan's Astellas Pharma Inc. and Vical Inc. (VICL) announced Monday that ASP0113, an investigational DNA vaccine being developed for cytomegalovirus or CMV-seropositive hematopoietic stem cell transplant or HSCT recipients, did not meet its primary or secondary endpoints in the Phase 3 HELIOS clinical...
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Ingersoll-Rand Buys ICS Group Holdings For Undisclosed Financial Terms

Ingersoll-Rand plc (IR) said that it has acquired United Kingdom-based ICS Group Holdings Limited, or ICS Cool Energy. The financial terms of the deal were not disclosed and are not material. ICS Cool Energy will be part of Ingersoll-Rand's Commercial Heating, Ventilation and Air Conditioning or HVAC...
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Forward Industries Inc. (FORD) Has Soared To A New High After Acquisition

Forward Industries Inc. (FORD) announced Thursday that it has agreed to acquire Intelligent Product Solutions. Forward Industries gapped up at the open Friday and has climbed further in the last 20 minutes. Shares are now up 2.81 at $4.05 on the highest volume of the year. The stock has soared to...
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IPO Watch: Investors Insecure About ADT

Shares of ADT Inc. fell below its initial public offering price in early trading on Friday. ADT shares is currently trading at $12.52, down 11% from the company's IPO price of $14 a share. ADT had priced its IPO sharply below its expected range on Thursday. The company had initially expected to price...
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Netflix Q4 17 Earnings Conference Call At 6:00 PM ET

Netflix Inc. (NFLX) will host a conference call at 6:00 PM ET on January 22, 2018, to discuss its Q4 17 earnings results. To access the live webcast, log on at https://ir.netflix.com/events.cfm
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