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Galmed Pharmaceuticals Ltd. (GLMD) Tuesday said the U.S. FDA has designated its liver drug aramchol for a Fast Track review. Shares of the clinical-stage pharmaceutical company gained 31 percent following the news. The FDA has approved the expedited review of aramchol for the treatment of Non-Alcoholic...

Agricultural machinery maker Deere & Co. (DE), Tuesday said it will review options for its crop insurance business, which underwrites policies through John Deere Insurance Company, a business unit within John Deere Financial. Deere said no formal decisions have been made and no agreements have been...

Pepco Holdings Inc. (POM) Tuesday said its stockholders approved the merger deal with Exelon Corp. (EXC). In April, Exelon, the largest U.S. nuclear operator, agreed to buy electric and natural gas utility company Pepco Holdings Inc. (POM) in an all-cash transaction of about $6.8 billion. "We are...

beat-092314.jpg Apple has denied a report from Tech Crunch claiming that the company plans on shuttering Beats Music. "It is not true," an Apple spokesman told USA Today.

Galmed Pharmaceuticals Ltd. (GLMD) announced Tuesday that the U.S. Food and Drug Administration, or the FDA, approved its request for Fast Track Designation of its product candidate, aramchol, for the treatment of Non-Alcoholic Steato-Hepatitis, or NASH. According to scientific literature, NASH is...

Webster Financial Corp. (WBS), the holding company for Webster Bank, N.A., agreed Tuesday to acquire the health savings account or HSA business from JPMorgan Chase Bank, N.A., a subsidiary of JPMorgan Chase & Co. (JPM) for an undisclosed cash amount. Terms of the deal were not disclosed. "This acquisition...

Coal producer Peabody Energy Corp. (BTU) on Tuesday forecast a wider adjusted loss for the third quarter, citing the impact of expenses due to the repeal of a mining tax in Australia. However, the company raised its outlook for adjusted earnings before interest, taxes, depreciation and amortization,...

Webster Financial Corp. (WBS), the holding company for Webster Bank, N.A., said that it had signed a definitive agreement to acquire the health savings account or HSA business from JPMorgan Chase Bank, N.A., a subsidiary of JPMorgan Chase & Co. (JPM). Transaction consideration will be all cash; the purchase...

French oil and gas giant Total SA (TTA.L, TTFNF.PK, TOT) said Tuesday that it has agreed to sell its Midstream Utica assets to a group of South Korean companies for $400 million plus an estimated price adjustment of $50 million. Under the deal, Total will sell its 25 percent stake in Cardinal Gas...

Tyler Technologies, Inc. (TYL) Tuesday said it has signed a contract with the city of Detroit's Finance Department, Assessments Division for Tyler's CLT Appraisal Services. The agreement is valued at about $7 million. Tyler will provide the city with real property appraisal data verification, sketch...

Peabody Energy (BTU) announced the company now expects its third-quarter adjusted EBITDA in the range of $190 million to $210 million, above the prior guidance range. Peabody now expects its third-quarter adjusted loss per share to be in the range of $0.69 to $0.63, primarily reflecting the effects of...

Cruise operator Carnival Corp. & Plc. (CCL, CUK, CCL.L) reported that its net income for the third quarter of 2014 rose to $1.25 billion or $1.60 per share from $934 million or $1.20 per share in the third quarter of 2013. The latest-quarter results included net unrealized gains on fuel derivatives...

Accelerize New Media, Inc. (ACLZ), a provider of marketing technology solutions, Tuesday announced that it has appointed Santi Pierini as Chief Operating Officer of the company. As part of this role, Pierini has also been named president of CAKE, the digital marketing software division of Accelerize,...

OPKO Health, Inc. (OPK) announced top-line results from the second and final pivotal phase 3 trial of Rayaldee. This trial is the second of two identical randomized, double-blind, placebo-controlled, multi-site studies planned to establish the safety and efficacy of Rayaldee as a new treatment for secondary...

HCA Holdings, Inc. (HCA) announced an agreement to purchase PatientKeeper, a provider of software and mobile applications that help physicians access and work with patient information. Terms of the deal were not disclosed. PatientKeeper serves more than 58,000 physician users. Its applications include...