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Mexican telecom giant America Movil SAB De C.V. (AMX, AMOV) is preparing to sell assets in Mexico worth up to $17.5 billion and has contacted potential suitors including AT&T Inc. (T) and Japan's Softbank Corp. (SFTBY, SFTBF) on the sale, Bloomberg reported Monday, citing people with knowledge of the...

Alere Inc. (ALR) confirmed Monday that a group of former executives, led by former CEO Ron Zwanziger, filed a Schedule 13D with the Securities and Exchange Commission and subsequently sent a letter to Gregg Powers, Chairman of the Board, requesting one month of due diligence in an effort to secure financing...

Gilead Sciences Inc (GILD) Monday signed non-exclusive licensing agreements with seven India-based generic drug makers to expand access to its chronic hepatitis C medicines in developing countries. The agreements allow the companies - Cadila Healthcare, Cipla, Hetero Labs , Mylan Laboratories, Ranbaxy...

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...

Ixia (XXIA) Monday reported second-quarter net loss of $15 million or $0.19 per share compared with a profit of $3 million or $0.04 per share last year. Excluding items, adjusted earnings for the quarter were $0.01 per share. Revenues for the quarter were lower at $109.5 million compared with $112...

Salix Pharmaceuticals Ltd (SLXP) said Monday the FDA granted tentative approval for Uceris (budesonide) rectal foam for the induction of remission in patients with active mild-to-moderate distal ulcerative colitis (UC) extending up to 40cm from the anal verge. The Uceris rectal foam is a rectally...

Global Payments Inc (GPN), a provider of payment solutions, Monday agreed to acquire Ezi Holdings Pty Ltd (Ezidebit) for AU$305 million. Founded in 1998, Ezidebit is an integrated payments company focused on recurring payments verticals in Australia and New Zealand. The deal is expected to close...

Student Transportation Inc. (STB, STB.TO) reported net income for the fourth quarter of US$4.7 million or US$0.06 per share, compared to US$6.7 million or US$0.08 per share for the year-ago quarter. Fourth quarter revenue rose to US$142.57 million from US$122.28 million a year ago. Analysts polled...

Amgen (AMGN) and UCB on Monday announced positive results from several exploratory analyses of the Phase 2 study evaluating romosozumab in postmenopausal women with low bone mineral density ("BMD"). Romosozumab is an investigational bone-forming agent that is designed to work by inhibiting the protein...

Build-A-Bear Workshop, Inc. (BBW) said Monday that it has appointed Voin Todorovic as its new Chief Financial Officer, effective September 15. Todorovic was most recently employed at Wolverine World Wide, Inc. as the head of finance and operations for its Lifestyle Group which includes a portfolio...

Aluminum company Alcoa (AA) said Monday it has commenced an underwritten public offering of 25 million of its depositary shares (or up to 28.75 million depositary shares if the underwriters of the offering exercise their over-allotment option in full). Each depositary share represents a 1/10th interest...

Electronics for Imaging, Inc. (EFII) said Monday that it has acquired substantially all the assets of DiMS! organizing print, a developer of comprehensive MIS/ERP systems for print and packaging companies. Based in Lichtenvoorde, The Netherlands, DiMS! offers multi-language, seamlessly integrated...

Majesco Entertainment Co (COOL), a provider of video games for the mass market, Monday reported third-quarter net loss of $2.7 million or $0.44 per share compared with a loss of $3.6 million or $0.63 per share last year. Excluding items, adjusted loss for the quarter was $0.58 per share. Revenues...

Actua Corp. (ACTA), formerly ICG Group, said Monday that it has reached agreement to acquire FolioDynamix, a secure, cloud-based investment and wealth management platform. In the deal, Actua would acquire an about 97% primary equity interest in FolioDynamix for an estimated $199 million in cash,...

Recreational vehicles maker Thor Industries Inc (THO) Monday announced several projects to expand production and office space at its Heartland subsidiary in Elkhart. The projects include the purchase and renovation of an existing office building, expansion of a plant dedicated to production of lightweight...