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Novartis (NVS) said that it will highlight the strength of its expanded oncology portfolio in 21 medicines and 11 investigational compounds across more than 185 data presentations at the upcoming American Society of Clinical Oncology (ASCO) Annual Meeting, May 29-June 2, and the Congress of the European...

Coalspur Mines Limited (CPL.AX, CPT.TO) Wednesday announced that a termination and mutual release agreement that cancels the port agreements between Coalspur and Ridley Terminals Inc. has been executed between Coalspur, Ridley Terminals and KC Euroholdings S.à r.l. or KCE. Coalspur Mines' agreement...

Inovio Pharmaceuticals Inc. (INO) said Wednesday that it will advance its DNA vaccine for MERS or Middle East Respiratory Syndrome into a phase I clinical trial in healthy volunteers in a collaboration with GeneOne Life Science Inc., an international DNA vaccine developer and manufacturer in which Inovio...

Dutch supermarket chain Koninklijke Ahold NV (AHONY.PK, AHODF.PK) Wednesday said its first-quarter attributable net income surged to 213 million euros from 50 million euros reported last year. Earnings per share soared to 0.26 euro from 0.05 euro. Sales climbed 14.9 percent to 11.289 billion euros...

A fire broke out at Apple Inc.'s factory in Mesa, Arizona, on Tuesday afternoon and was put out in about half-an-hour. The blaze is said to have started on the roof of the over 1.3 million-square-foot building near a loading dock, and damaged roof-mounted solar panels. While a dozen people were...

Chinese personal-computer maker Lenovo (LNVGF.PK, LNVGY.PK) Wednesday unveiled three new consumer laptops in advance of Lenovo Tech World, the company's first exclusive global technology innovation event in Beijing. According to the company, the new Lenovo Z41, Lenovo Z51 and the ideapad 100 laptops...

Vox Media will acquire Revere Digital, parent company of the technology-news website and conference business Re/code, less than 18 months after the site's launch. Vox Media said that Re/code, the technology business news organization founded by Kara Swisher and Walt Mossberg, will join the company. Vox...

General Electric Co. (GE) said that it is in advanced talks to sell assets in the $9 billion vehicle fleet-management business to Element Financial Corp., Bloomberg reported citing people familiar with the matter. Quoting the people, the report said that no deal has been reached yet with Toronto-based...

Crescent Point Energy Corp. (CPG, CPG.TO) announced that it has entered into an arrangement agreement to acquire all of the issued and outstanding shares of Legacy Oil + Gas Inc. (LEG.TO). Total consideration for the Legacy Arrangement is approximately C$1.53 billion, comprised of about 18.97 million...

Reynolds American Inc. (RAI) and Lorillard Inc. (LO) announced that the U.S. Federal Trade Commission or FTC has voted to accept a proposed consent agreement, authorizing RAI to close its proposed acquisition of Lorillard. The FTC clearance is subject to certain conditions, most of which the companies...

Steel Dynamics Inc. (STLD) announced that it plans to idle its Minnesota ironmaking operations located in Chisholm and Hoyt Lakes, MN, effective immediately. It has elected to idle the operations for an initial twenty-four month period given the continued significant decline in pig iron pricing, which...

Golden Minerals Company (AUMN, AUM.TO) announced that it has promoted Warren Rehn to President of the company. Jeffrey Clevenger continues to serve as Chairman and Chief Executive Officer of Golden Minerals. In his new role, Mr. Rehn will focus on developing new producing assets and continue to lead...

Amazon (AMZN) announced it is hiring for more than 6,000 full-time jobs across its U.S. fulfillment network to meet growing customer demand. Employees will pick, pack and ship customer orders. Amazon said it offers hourly employees innovative programs like Career Choice, where the company will pre-pay...

Taro Pharmaceutical Industries Ltd (TARO) on Tuesday reported fourth-quarter net earnings of $152.3 million or $3.56 per share compared with $89.6 million or $2.10 per share last year. Revenues for the quarter were higher at $244.2 million compared with $187.2 million in the prior year. Gross margin...

Reynolds American Inc. (RAI) and Lorillard, Inc. (LO) said Tuesday that the U.S. Federal Trade Commission has voted to accept a proposed consent agreement, authorizing Reynolds American to close its proposed $27.4 billion acquisition of Lorillard. Reynolds and Lorillard have agreed to divest four...

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