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TomTom NV (TMOAF.PK), a maker of automotive navigation systems, Monday said it has signed a new facility agreement for a 250 million euros revolving credit facility. The facility has a maturity date of March 31, 2018 and includes two additional one year extension options. It will replace the company's...

Pharmacy benefits manager Express Scripts (ESRX) is said to cover only AbbVie's newly approved hepatitis C regimen for patients with the most common form of the virus, according to media reports. Beginning January 1, it is going to exclude drugs from Gilead Sciences and Johnson & Johnson for that indication. On...

Basilea Pharmaceutica Ltd. (BSLN) said that the Swiss regulatory authority Swissmedic has approved the antibiotic Zevtera for the treatment in adults of community-acquired pneumonia or CAP and hospital-acquired pneumonia or HAP, excluding ventilator-associated pneumonia or VAP. The company stated...

TiGenix NV (TGXSF.PK), an advanced biopharmaceutical company, said it has submitted to the Food and Drug Administration the required documentation for a Special Protocol Assessment or SPA of its pivotal Phase III trial design for Cx601 in the treatment of complex perianal fistulas in patients with Crohn's...

Tuniu Corp. (TOUR),an online leisure travel company in China, announced Monday that it has added another 15 new regional service centers, increasing the company's penetration into China's rapidly growing lower-tier cities. With these new regional service centers, Tuniu now has a total of 75 service...

Ocwen Financial Corp.'s (OCN) Executive Chairman, William Charles Erbey, is said to resign according to a legal settlement with New York's financial regulator, the reports noted. Erbey would step down by the middle of January according to a wide-ranging proposed consent order with the New York Department...

AMG Advanced Metallurgical Group N.V. (AMVMF.PK) Monday announced the signing of a definitive agreement to sell a 40 percent equity interest in AMG Graphit Kropfmühl GmbH, by way of a capital increase in combination with a 10.33 percent equity interest in Bogala Graphite Lanka Plc., to Alterna Capital...

Telecom giant AT&T (T) has upgraded the former Alltel retail locations in South Carolina and opened them under the AT&T brand. The company also upgraded the former Alltel network in Georgia to combine the strength of Alltel's local coverage with AT&T's 4G LTE network. In early 2015, over 70,000...

Radius Health, Inc. (RDUS) reported positive top-line 18-month fracture results from the company's Phase 3 clinical trial, dubbed ACTIVE, evaluating the investigational drug abaloparatide-SC for potential use in the reduction of fractures in postmenopausal osteoporosis. On the primary endpoint, abaloparatide-SC...

Las Vegas Sands Corp. (LVS) late Sunday said the company's majority-owned subsidiary, Sands China Ltd., has received the Macao government approvals needed to complete the construction of its $2.7 billion Paris-themed integrated resort. The completion of The Parisian Macao will bring Las Vegas Sands'...

Radius Health Inc. (RDUS) announced positive top-line 18-month fracture results from the Company's Phase 3 clinical trial or ACTIVE evaluating the investigational drug abaloparatide-SC for potential use in the reduction of fractures in postmenopausal osteoporosis. On the primary endpoint, the investigational...

American Apparel, Inc. (APP) announced that its board has adopted a new, one-year stockholder rights plan that is designed to strengthen the ability of the Board of Directors to protect the Company's stockholders. Although certain standstill restrictions and voting limitations are in place through...

Mexican telecommunications regulator has on Sunday conditionally approved the acquisition of Mexican wireless company Iusacell by U.S. telecom giant AT&T, Inc (T). The deal will see AT&T buying all of Iusacell's wireless properties, including licenses, network assets, retail stores and about 8.6 million...

Spanish infrastructure company Ferrovial SA (FRRVY.PK, FRRVF.PK) said Sunday that it has ended talks to acquire Australia's Transfield Services Ltd. (TSE.AX) after the target company rejected its sweetened takeover bid. Transfield is a provider of maintenance and construction services. Shares of Transfield...

TAL Education Group (XRS), a leading K-12 after-school tutoring services provider in China, announced that it has invested approximately US$15 million in Guokr Inc., a popular mobile and web-based community for science and technology education in China, for Guokr's minority equity interest. "With...