Breaking News

Share SHARE

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...

Shares of American Apparel, Inc. (APP) skyrocketed nearly 50 percent in regular and extended trading on Thursday after reports that the beleaguered branded apparel maker was being approached for a possible buyout by private-equity firm Irving Place Capital. Irving Place is said to have made two offers...

Thai Union Frozen Products Public Company Limited or TUF, the world's largest processor of shelf-stable tuna products, announced that it has entered into a binding agreement to acquire 100 percent of the shares of North America's largest branded shelf-stable seafood company - Bumble Bee Foods, LLC for...

Ally Financial Inc. (ALLY) disclosed that it recently entered into an agreement to voluntarily extend the statutes of limitations to allow the U.S. Department of Justice to continue its investigation of potential claims under the False Claims Act related to representations made by it regarding Residential...

Boeing (BA) and BOC Aviation have finalized an order for two additional 737-800s, valued at $186 million at current list prices. The order is a part of the Singapore-based leasing company's effort to grow its portfolio of fuel-efficient airplanes. BOC Aviation, owned by Bank of China, is the leading...

Chemical giant EI DuPont De Nemours & Co. (DD) said that the new public company created following completion of the pending separation of its Performance Chemicals segment will be named The Chemours Company. DuPont noted that it will record a pre-tax charge to earnings of about $315 million in the fourth...