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Imperial Tobacco Group Plc (IMT.L, ITYBY.PK) has inked a deal in principle with The Flintkote Co., a U.S. company formerly engaged in the production and sale of asbestos-containing products, for $575 million for claims regarding certain disputed dividends and existing and potential asbestos claims. The...

British oil giant BP Plc. (BP, BP.L) Friday confirmed the allotment and issue of 13.65 million ordinary shares of $0.25 each to shareholders who elected to receive ordinary shares under the Scrip Dividend Program as an alternative for the third quarter interim dividend for 2014, payable on December 19. This...

Carnival Corp. & Plc. (CCL.L, CUK, CCL), the world's largest travel and leisure company, Friday announced new cruise ship orders for two of its brands with Fincantieri S.p.A., the world's largest cruise ship building company. The new cruise ships will be constructed by Fincantieri for Carnival Cruise...

Galapagos NV (GLPGF.PK, GLPYY.PK), a Belgium-based clinical stage biotech company, announced the initiation of the first Phase 1 study with GLPG1837. The novel potentiator is designed as a CFTR targeted therapy for cystic fibrosis or CF patients who carry class III/IV mutations (e.g., G551D).In combination...

Eli Lilly and Co. (LLY) and Adocia Friday announced a worldwide licensing collaboration focused on developing an ultra-rapid insulin, known as BioChaperone Lispro, for treatment in people with type 1 and type 2 diabetes. The total up-front and milestone payments could reach up to $570 million. Adocia...

Genentech, a member of the Roche Group (RHHBY.PK, ROG.SW, RO.SW) reported top-line results of the Phase III MARIANNE study. The trial evaluated three HER2-targeted regimens - Kadcyla plus Perjeta, Kadcyla alone, and Herceptin plus taxane chemotherapy in people with previously untreated (first-line) advanced...

Ono pharmaceutical co. ltd. and Gilead Sciences Inc. (GILD) entered into an exclusive license agreement for the development and commercialization of ONO-4059, ONO's oral Bruton's tyrosine kinase or BTK inhibitor for the treatment of B-cell malignancies and other diseases, Gilead Sciences said on Friday. As...

MAXIMUS, Inc. (MMS), a provider of business process services to government health agencies, Friday announced that it has been awarded a contract by the Department for Work and Pensions or DWP for its flagship Work Programme in North East Yorkshire and the Humber. MAXIMUS succeeds NCG and will formally...

Madison Square Garden Co. (MSG) said that its board authorized and directed the Company's management also to consider other spin-off structures including, without limitation, a separation of the Company's media business from its sports and entertainment businesses. On October 27, 2014, Madison Square...

Worldwide purpose-built backup appliance or PBBA factory revenues climbed 11.2 percent in the third quarter to $789.2 million from last year's $709.5 million, the International Data Corporation Worldwide Quarterly Purpose-Built Backup Appliance Tracker said. Total PBBA open systems factory revenue...

RCS Capital Corp. (RCAP) Thursday sought to clarify media speculation that its Chairman Nicholas Schorsch, ex-chairman of American Realty Capital Properties (ARCP), had tried to manipulate ARCP's quarterly financial results through two executives. In a statement, Michael Weil, Chief Executive Officer...

Amazon.com Inc. (AMZN) and Macmillan reached a deal covering the sale of print and e-books, the latest deal between the online retailer and a publishing house following controversies over the share of e-book profits. Late last week Macmillan reached an agreement with Amazon on a multiyear deal for...

Cerus Corp. (CERS) said the U.S. Food and Drug Administration has approved the INTERCEPT Blood System for platelets. The INTERCEPT platelet system is approved for ex vivo preparation of pathogen-reduced apheresis platelet components in order to reduce the risk of transfusion-transmitted infection,...

e-commerce giant eBay Inc. (EBAY) said in a regulatory filing that following the separation of the company's ecommerce and payments businesses, its chief executive officer John Donahoe would get an exit package estimated to be worth about $23 million. Chief Financial Officer Bob Swan is estimated...

Anglo-Dutch consumer goods company Unilever Plc (UN, UL, ULVR.L) said that it has withdrawn its lawsuit against Hampton Creek over the labelling of its Just Mayo product. "Unilever has decided to withdraw its lawsuit against Hampton Creek so that Hampton Creek can address its label directly with industry...