Business News

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.

Latest News

Entropic To Evaluate Strategic Alternatives; Stock Up - Update

Shares of Entropic Communications Inc (ENTR) gained about 8 percent on Tuesday, after the semiconductor company authorized the evaluation of strategic alternatives to enhance shareholder value. The company, which has been posting successive losses, also slashed its outlook for the current quarter, citing...

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%


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

AK Steel Completes Acquisition Of Severstal Dearborn

Steel Dynamics Completes Acquisition Of Severstal Columbus

Shareholders Approve Merger Of First Citizens BancShares And First Citizens Bancorporation


Copa Holdings SA (CPA) Has Dropped To A New Low For The Year

Copa Holdings SA (CPA) gapped open lower Tuesday morning and has continued to decline in early trade. The stock is now down 4.88 at $117.22. Copa Holdings has dropped beneath support this morning and has set a new low for the year.

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