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German conglomerate Bayer AG (BAYZF.PK, BAYRY.PK, BYR.L) said Friday that INHALE, a global Phase III clinical study program investigating Amikacin Inhale in addition to standard of care in intubated and mechanically ventilated patients with Gram-negative pneumonia, did not demonstrate superiority versus...

Rio Tinto (RTPPF.PK, RIO.L, RIO, RTNTF.PK) and China's Sinosteel Corporation have agreed to extend their Channar Mining Joint Venture. The third extension of the joint venture will see an additional 10 million tonnes of iron ore delivered into the joint venture from Western Australia. Rio Tinto noted...

DISH Network Corp. (DISH) announced Friday that DISH Network L.L.C. has reached a multi-year carriage agreement with CBS Corp. (CBS-A, CBS). Terms of the agreement were not disclosed. The agreement is for its owned and operated local stations, as well as CBS Sports Network, Pop, and Smithsonian Channel....

Aurora Cannabis Inc. (ACB.TO, ACBFF) announced Thursday that it has agreed to acquire H2 Biopharma Inc. for an initial payment of C$10 million. The total contingent consideration for the acquisition of H2, including closing and milestone payments, is C$25 million. Aurora's unit Aurora Cannabis Enterprises...

Sasol Limited (SSL) announced the company has increased its existing $1.5 billion revolving credit facility to $3.9 billion and extended the maturity to five years with the inclusion of two further extension options of one year each. Citi and Mizuho Bank, Ltd. were mandated as Joint Global Co-ordinators...

South African integrated energy and chemicals company Sasol Ltd. (SSL) on Thursday unveiled its refined corporate strategy, aiming for sustainable growth and accelerated shareholder returns. The company expects to deliver at least 12% ROIC and 5% earnings before interest and tax growth through the cycle,...

Zurich announced it will target $5 billion for the entire portfolio of impact investments, more than double the original commitment of $2 billion. Earlier in the current year, the company announced that it had achieved its multi-year goal of investing $2 billion in green bonds, part of its impact investing...

MorphoSys AG (MPSYY.PK) announced that its licensee Janssen-Cilag International has reported that the European Commission has granted approval of Tremfya (guselkumab) in the European Union for the treatment of adults with moderate-to-severe plaque psoriasis who are candidates for systemic therapy. MorphoSys...

Caledonia Investments Plc (CLDN.L) Thursday said its pre-tax profit for the first half slightly declined to 10.5 million pounds from 11.7 million pounds a year ago. Earnings per share were 18.7 pence, compared to 20.9 pence in the prior year. Total revenue for the period slipped to 19.9 million pounds...

GlaxoSmithKline plc (GSK) and Innoviva, Inc. (INVA) Thursday announced the filing of a supplemental New Drug Application with the FDA for the use of Trelegy Ellipta for an expanded indication for the maintenance treatment of airflow obstruction and reduction of exacerbations in patients with chronic...

Angle plc (AGL.L) Thursday said it signed a collaboration with Philips to develop liquid biopsy solutions in breast and rectal cancer. Philips has successfully secured a European Union research grant worth 6.3 million euros, of which 0.4 million pounds will flow to Angle. The company said the collaboration...

Mitchells & Butlers plc (MAB.L, MLB), an operator of managed restaurants and pubs, reported Thursday that its fiscal 2017 profit before tax declined to 77 million pounds from last year's 94 million pounds. Basic earnings per share were 15.1 pence, down from 21.6 pence a year ago. Adjusted earnings...

Remy Cointreau (REMYF.PK) Thursday reported an increase in first half net profit excluding non-recurring item to 90.3 million euros from 76.6 million euros a year ago. Earnings per share for the quarter was 1.82 cents from 1.857 cents in the prior year. On a reported basis, current operating profit increased...

thyssenkrupp (TYEKF.PK) recorded a net loss of 591 million euros for the year ended Sept. 30, 2017 due to one-time earnings charges as a result of the sale of the Brazilian steel mill CSA in the second quarter, compared to prior year net profit of 261 million euros. After deducting minority interest,...

Billionaire activist-investor Carl Icahn has brought a 13.51 percent stake in SandRidge Energy, according to a Securities and Exchange Commission filing. The investor also joined with other shareholders to oppose the company's proposed acquisition of Bonanza Creek, citing its too expensive. Icahn...

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