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WashingtonPrimeGroup--Acquire-GlimcherRealtyTrust-091614-lg.jpgReal estate investment trust Washington Prime Group Inc. has agreed to acquire peer Glimcher Realty Trust in a deal valued at about $4.3 billion in cash and stock, including the assumption of debt, the two companies said Tuesday. Shares of Glimcher Realty are gaining 30 percent following the announcement.

FDA Panel Votes For NPS Pharma's Natpara For Hypoparathyroidism Treatment

NPS Pharmaceuticals Inc. (NPSP) announced that the U.S. Food and Drug Administration's Endocrinologic and Metabolic Drugs Advisory Committee voted 8 to 5 that the available data support the approval of Natpara (rhPTH [1-84]) for the long-term treatment of Hypoparathyroidism, a rare endocrine disorder characterized by insufficient levels of parathyroid hormone, or PTH.

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Adobe Profit Tops Estimate, Outlook Weak

Adobe reported a plunge in third-quarter profit, hurt mainly by one-time expenses that offset some growth in revenue. Earnings, however, surpassed Wall Street estimates, but revenue fell shy of expectations. The company detailed some weak earnings and revenue outlook for the fourth quarter, signifying pressure even as it strives to enhance its cloud-based revenue strategy. Adobe shares slid 4%...

U.S. Producer Prices Unchanged In August Amid Lower Food, Energy Prices

After reporting a modest uptick in U.S. producer prices in the previous month, the Labor Department released a report on Tuesday showing that producer prices came in unchanged in the month of August. The Labor Department said its producer price index for final demand was unchanged in August after inching up by 0.1 percent in July.

Canadian Manufacturing Sales Increased 2.5% In July

U.S. Producer Prices Unchanged In August, Core Prices Inch Up 0.1%


Endo Offers To Buy Auxilium Pharma For $2.2 Bln In Cash And Stock

Endo International plc (ENDP, ENL.TO) said Tuesday that it has delivered a proposal to acquire all of the outstanding shares of Auxilium Pharmaceuticals, Inc. (AUXL) for a per share consideration of $28.10 in a cash and stock deal valued at $2.2 billion. Endo's proposal represents a premium of 31%...

Endo International Proposes To Buy Auxilium Pharmaceuticals For $2.2 Bln In Cash-and-Stock Deal

Scripps Appoints Nicholson As VP/GM For WFTS In Tampa, Florida

AK Steel Completes Acquisition Of Severstal Dearborn


Apogee Enterprises Inc. (APOG) Is Up After Q2 Profit Topped Expectations

Apogee Enterprises Inc. (APOG) reported second quarter adjusted EPS of $0.35 after the bell Tuesday, which topped the consensus estimate of $0.34. The company increased its full year 2015 EPS forecast to between $1.62 and $1.72. Analysts are expecting EPS of $1.44. The stock is now up 2.49 on 27K shares. Apogee...

Alibaba Boosts IPO Price Range To US$66-US$68

Chinese e-commerce giant Alibaba Group Holding Ltd. said in a regulatory filing Monday that it now expects to price its initial public offering between US$66 and US$68 per American Depositary Shares, up from its previous estimate of US$60 to US$66 per ADS. However, Alibaba did not increase the IPO...

Canadian Pacific Railway To Present At MS Conference; Webcast At 5:10 PM ET

Canadian Pacific Railway Limited (CP.TO) will present at the Morgan Stanley 2nd Annual Laguna Conference . The event is scheduled to begin at 5:10 PM ET on September 16, 2014. To access the live webcast, log on at