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Regeneron Pharmaceuticals, Inc. (REGN) and Sanofi (SNYNF, SNY) reported positive results from a Phase 3 trial which evaluated Praluent (alirocumab) Injection in patients with an inherited form of high cholesterol known as heterozygous familial hypercholesterolemia who require regular weekly or bi-weekly...

Swiss drug maker Roche Holdings (RHHBY.PK) announced Monday that the U.S. Food and Drug Administration has issued an Emergency Use Authorization or EUA for the LightMix Zika rRT-PCR Test. The product is for use in patients meeting CDC Zika virus clinical criteria and/or CDC Zika virus epidemiological...

China Petroleum & Chemical Corp. (SNP) or Sinopec reported operating profit of RMB 35.1 billion for the six months ended 30 June 2016, in accordance with the International Financial Reporting Standards, representing a decline of 13.3% from the same period last year. Profit attributable to equity shareholders...

Medical device company St. Jude Medical Inc. (STJ), on Friday said the report from Muddy Waters questioning the safety and security of its cardiac devices were "false and misleading." "We have examined the allegations made by Capital and MedSec on August 25, 2016 regarding the safety and security...

Fashion retailer Guess Inc. (GES) has teamed up with record label Republic Records to co-create Guess Music. The first Guess Music project will launch on Sunday, August 28th with a 24 hour premiere on Guess.com of Republic Records artist Ariana Grande's latest song "Side to Side," featuring Nicki...

Shares of Big Lots (BIG) have come under pressure during trading on Friday, with the discount and closeout retailer currently down by 4.3 percent.

After showing a notable decline in the previous session, shares of Signet Jewelers (SIG) are seeing further downside during trading on Friday.

Carl Icahn has recently discussed selling his stake in Herbalife Ltd. (HLF) to a group including the company's arch-nemesis William Ackman, the Wall Street Journal reported. Investment bank Jefferies Group LLC has been seeking over the past month to find buyers for Mr. Icahn's 18% stake, which is...

Shares of Herbalife Ltd. (HLF) are losing more than 5 percent on Friday after hedge fund manager William Ackman confirmed that he was indirectly approached by Herbalife's biggest shareholder and billionaire investor Carl Icahn to buy Icahn's 18 percent stake in the nutrition supplements company. Herbalife,...

Federal Reserve Chairman Janet Yellen says the case for another interest-rate hike has strengthened. "In light of the continued solid performance of the labor market and our outlook for economic activity and inflation, I believe the case for an increase in the federal funds rate has strengthened in...

Rackspace Hosting Inc. (RAX) said Friday that it reached a definitive agreement with affiliates of certain funds managed by affiliates of Apollo Global Management, LLC (APO), a global alternative investment manager, to be acquired for $32.00 per share in cash. The transaction has a total value of $4.3...

Williams Companies Inc. (WMB) and Williams Partners L.P. (WPZ) announced that Williams has agreed to purchase in a private placement from Williams Partners approximately 6.975 million common units representing limited partner interests in Williams Partners, for a total purchase price of approximately...

Anheuser-Busch InBev SA/NV or AB InBev (BUD, AHBIF.PK) expects to cut about 3 per cent of the total workforce of the combined Group after its takeover of SABMiller plc (SBMRY.PK, SAB.L). The job reductions will be implemented gradually, in phases, over a three-year period following Completion, according...

Big Lots, Inc. (BIG) announced the company now estimates fiscal 2016 adjusted income from continuing operations to be in the range of $3.45 to $3.55 per share, compared to previous guidance of $3.35 to $3.50 per share. The outlook is based on a comparable store sales increase in the range of 1% to 2%...

Ride-sharing service Uber Technologies Inc. has recorded a loss of more than $1 billion in the first half of 2016, Bloomberg reported Thursday, citing people familiar with the matter. While Uber is not a public company, it holds a conference call every three months where shareholders can hear the...

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