logo

Breaking News

Share SHARE

Genentech, a member of Roche Group (RHHBY), said that the U.S. Food and Drug Administration or FDA has approved Actemra, or tocilizumab subcutaneous injection for the treatment of Giant Cell Arteritis or GCA, a chronic and severe autoimmune condition. Actemra is the first therapy approved by the...

Alere Inc. (ALR) announced certain preliminary unaudited financial information for the fourth quarter and full fiscal year ended December 31, 2016, as well as the first quarter of 2017 ended March 31, 2017. The company expects wider loss from continuing operations and lower revenue for both the fourth...

Changyou.com Limited (CYOU) announced its board has received a preliminary nonbinding proposal letter from Charles Zhang, chairman of the Board of the company, to acquire all of the outstanding Class A and Class B ordinary shares of the company, including Class A ordinary shares represented by American...

Anglo-Australian mining giant Rio Tinto Plc (RTNTF, RIO, RIO.L, RTPPF) said that as part of its efforts to further reduce gross debt, it has launched a bond purchase plan for up to $2.5 billion. Under the plan, Rio Tinto has issued a redemption notice for about $1.72 billion of its 2019 and 2020...

Rio Tinto plc (RTPPF.PK, RIO.L, RIO, RTNTF.PK) announced the company has issued a redemption notice for approximately $1.72 billion of its 2019 and 2020 US dollar-denominated notes and commenced cash tender offers to purchase up to approximately $781 million of its five 2021, 2022 and 2025 US dollar-denominated...

Chesapeake Energy Corp. (CHK) said it has commenced a private placement to eligible purchasers of $750 million aggregate principal amount of senior notes due 2027. The company intends to use the net proceeds from the offering, together with cash on hand and borrowings under its revolving credit facility,...

Celgene Corp. (CELG) announced its phase III RADIANCE trial, evaluating the efficacy and safety of ozanimod, an investigational oral, selective S1P 1 and 5 receptor modulator, in patients with relapsing multiple sclerosis, met the primary endpoint in reducing annualized relapse rate, compared to weekly...

Concert Pharmaceuticals, Inc. (CNCE), a clinical stage biopharmaceutical company focused on applying its DCE Platform, announced Monday that it has received a request for additional information from the United States Federal Trade Commission or FTC in connection with the pending acquisition of CTP-656...

Nutraceutical International Corp. (NUTR) and HGGC, LLC, a middle-market private equity firm, announced a definitive agreement under which Nutraceutical will be acquired by an affiliate of HGGC in a deal valued at approximately $446 million, including debt to be refinanced. Nutraceutical stockholders...

National Oilwell Varco Inc. (NOV), A provider of technology, equipment, and services to oil and gas industry, announced Monday that it is entering into a memorandum of understanding with Saudi Aramco to form a joint venture in Saudi Arabia. The JV will manufacture high-specification drilling rigs and...

French building materials company Saint-Gobain (CODGF.PK) Monday said it has signed a share purchase agreement to buy Biolink, a German manufacturer of specialty adhesive tapes. The company did not announce the financial details of the deal. Biolink, founded in 1997, develops and produces environmentally...

Cement giant LafargeHolcim (HCMLY.PK, HCMLF.PK) announced Monday the appointment of Jan Jenisch as CEO from October 16. In late April, LafargeHolcim announced the resignation of its Chief Executive Officer Eric Olsen on July 15, two years after taking up the CEO role and assuming responsibility for...

AstraZeneca plc (AZN.L, AZN) announced it has entered into an agreement with Recordati for the commercial rights to Seloken/Seloken ZOK and associated Logimax fixed-dose combination treatments in Europe. Recordati will pay AstraZeneca $300 million upon completion of the agreement. AstraZeneca will also...

Vectura Group plc (VEC.L), a device and formulation business for inhaled airways products, announced Monday, along with its co-development partner UCB, positive outcomes of the Phase I clinical study on VR942. The companies will present the positive study data for their innovative inhaled biologic...

British energy services company Wood Group (John) plc (WDGJF.PK, WG.L) announced Monday that it has secured a Technical Support Services or TSS contract with Sakhalin Energy Investment Company Ltd., an operator of integrated oil and gas project Sakhalin-2. Effective immediately, the five year contract,...

Follow RTT