Breaking News

Share SHARE

EMAAR Malls Group LLC, an owner and operator of shopping malls in Dubai, has priced its initial public offering between 2.50 dirhams and 2.90 dirhams per share. The offer could raise up to $1.58 billion. At the mid-point of the price range, the company's market capitalization at admission would be...

Air France, the French arm of Franco-Dutch carrier Air France-KLM SA (AFRAF), announced Sunday that it expects to operate only 48 percent of its flights on Monday as 60 percent of its pilots plan to strike on the first day of the week long strike announced by the pilots union. The airline has also...

Dutch brewer Heineken N.V. (HKHHF.PK, HINKF.PK) confirmed Sunday that British brewer SABMiller Plc (SAB.L, SBMRY.PK) had approached the company regarding a potential acquisition. However, Heineken added that after consulting its majority shareholder, it has rejected the proposal and intends to remain...

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

Amgen (AMGN) announced that it presented data from the Phase 3 SHIFT or Systolic Heart failure treatment with the If inhibitor ivabradine Trial study, which evaluated ivabradine in patients with chronic heart failure or HF, at the 18th Annual Scientific Meeting of the Heart Failure Society of America...

Israel Corp. Ltd. (IRLCF.PK), Sunday said it intends to sell about 6 percent or 72 million shares of Israel Chemicals Ltd. (ICLXF.PK) in a secondary offering. Israel Chemicals had earlier today filed statement to list its shares on the New York Stock Exchange. Morgan Stanley & Co. LLC, Barclays Capital...

China's largest oil refiner China Petroleum & Chemical Corp. (SNP) has agreed to sell 30 percent stake in its retail unit to a group a of 25 investors for 107.1 billion yuan or $17.5 billion. The Beijing-based company, popularly known as Sinopec, intends to lower its debt using the proceeds from the...

Diversified healthcare company Abbott Laboratories (ABT) Sunday reported positive one-year clinical results from Absorb II, a trial comparing the safety and effectiveness of the dissolving Absorb heart device to Abbott's XIENCE family of DES. The trial, conducted primarily in Europe, included 501...

Financial services giant Citigroup Inc. (C) is planning to file an IPO for its consumer lending unit OneMain Financial Inc. by the end of September, Bloomberg reported Friday, citing people with knowledge of the matter. Citigroup also plans to reportedly explore a sale of the unit at the same time, in...

Alibaba Group Holding Ltd. plans to stop taking orders early from investors for its highly-anticipated initial public offering, according to media reports on Friday, citing people familiar with knowledge of the matter. The Chinese e-commerce giant reportedly has sufficient demand to sell all the stock...

St. Jude Medical, Inc. (STJ) announced 12-month outcome data from the EnligHTN III study, which demonstrated a continuation of safe, rapid and effective treatment with the next-generation EnligHTN Renal Denervation System for patients with drug-resistant, uncontrolled hypertension. The EnligHTN III...

Edwards Lifesciences Corp. (EW) reported the presentation of five-year clinical outcomes for inoperable patients treated in The PARTNER Trial, a randomized trial for transcatheter aortic valve replacement in patients deemed too sick for open-heart surgery. The company said the longer term results from...

MaxLinear Inc. (MXL), a provider of integrated radio frequency and mixed-signal integrated circuits for broadband communications applications, Saturday announced MxL80x, the industry's first family of dual-polarity Ku-band satellite down-conversion ICs targeted for digital and universal analog low-noise...

Law office of Brodsky & Smith, LLC Saturday announced that it is investigating potential claims against the Board of Directors of Cobra Electronics Corp. (COBR) related to its proposed acquisition by Monomoy Capital Partners II, L.P. Under the terms of the deal, Cobra shareholders will receive only...

CAE Healthcare, a unit of Canadian aviation-training and simulation products provider CAE, Inc. (CAE, CAE.TO) Saturday said it is delivering a simulation-based solution to Abiomed, Inc. (ABMD), a provider of breakthrough heart support technologies, for its Impella heart pump education programs. CAE...