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Germany's biggest lender Deutsche Bank (DB) reported first quarter net income declined to EUR 559 million from EUR 1.1 billion in the prior year. Profits were impacted by litigation expenses of EUR 1.5 billion, primarily reflecting the bank's definitive settlement with US and UK authorities relating...

Ellomay Capital Ltd. (ELLO) announced that it provided a notice of exercise of its option to buy additional 9% of the share capital of U. Dori Energy Infrastructures Ltd., which currently holds 18.75% of Dorad Energy Ltd. Following the exercise of the Option, the company's holdings in Dori Energy...

Regulus Therapeutics Inc. (RGLS) presented new data strengthening the profile of RG-101, a wholly-owned, GalNAc-conjugated anti-miR targeting microRNA-122 ("miR-122") for the treatment of HCV, during an oral late-breaking session at ILC 2015 in Vienna, Austria. Extended follow-up results evaluating...

SunTrust Banks Inc. (STI), Apollo Global Management (APO) and Ares Management LP (ARES) are considering offers for a General Electric Co. (GE) unit in the U.S. that lends to private-equity firms, Bloomberg reported citing people familiar with the matter. GE is working with Citigroup Inc. (C) to sell...

AbbVie (ABBV) announced new, preliminary safety and efficacy data from the first cohort of its ongoing, Phase 3b RUBY-I study. RUBY-I is evaluating VIEKIRAX (ombitasvir/paritaprevir/ritonavir tablets) + EXVIERA (dasabuvir tablets) with or without ribavirin (RBV) in treatment-naïve, non-cirrhotic, genotype...

Germany's biggest lender Deutsche Bank (DB) announced its decisions upon the next phase of its strategy, including plan to reduce leverage in Corporate Banking & Securities, deconsolidate Postbank, invest in its transaction banking, asset and wealth management, and retail businesses. The company's...

Windstream Holdings Inc. (WIN) said Friday that it has completed the tax-free spinoff of select telecommunications network assets into Communications Sales and Leasing, Inc., an independent publicly traded real estate investment trust. In addition, Windstream also announced the near completion of...

Marvell Technology Group Ltd (MRVL), a provider of integrated silicon solutions, cut its revenue guidance for the first quarter, citing weaker than expected PC and storage markets and sluggishness in demand from emerging markets. The company now expects first-quarter revenue of $710 million to $740...

Eli Lilly and Co (LLY) on Friday said it received its fourth U.S. Food and Drug Administration approval for CYRAMZA, which is also now indicated in combination with FOLFIRI chemotherapy for the treatment of patients with metastatic colorectal cancer with disease progression on or after prior therapy...

Park National Corp. (PRK) reported net income for the first quarter of $19.0 million or $1.23 per share, compared to $19.6 million or $1.27 per share for the year-ago quarter. Analysts polled by Thomson Reuters expected the company to earn $1.24 per share for th first quarter. Net interest income...

Patriot National, Inc. (PN) said Friday that it has bought Missouri-based Corporate Claims Management, Inc., a multi-line provider of claims administration. Corporate Claims Management provides insurance claims administration services to self-insureds and large-deductible plans nationally for general,...

Generic drugmaker Perrigo Co. plc (PRGO) said Friday that it has rejected the unsolicited offer from larger rival Mylan NV (MYL) to acquire all of the outstanding shares of Perrigo for $60.00 per share in cash and 2.2 Mylan ordinary shares for each ordinary Perrigo share. The Perrigo board previously...

Responding to Comcast's (CMCSA, CMCSK) announcement on termination of its merger agreement with Time Warner Cable (TWC), DISH Senior Vice President and Deputy General Counsel, Jeff Blum, said , "Today's news is the best possible outcome for consumers, who deserve innovative, thriving video and broadband...

Mylan N.V. (MYL) issued a Rule 2.5 announcement setting forth its legally-binding commitment to commence an offer for the entire issued and to be issued share capital of Perrigo. Perrigo shareholders will receive $60 in cash and 2.2 Mylan ordinary shares for each Perrigo ordinary share. The offer is...

First Niagara Financial Group, Inc. (FNFG) reported the first quarter of 2015 GAAP net income available to common shareholders of $43.8 million, or $0.12 per share, down from $52.7 million or $0.15 per share last year. Analysts polled by Thomson Reuters expected the company to report earnings of $0.13...

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