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Vanguard Natural Resources, LLC (VNR) has agreed to acquire natural gas, oil and natural gas liquids or NGLs assets in the Piceance Basin in Colorado for $525 million from Bill Barrett Corp. The properties include nearly 12,000 net acres that are currently producing about 67 MMcfe per day, after consideration...

Blackstone Group L.P. (BX) is seeking to raise about $16 billion for its newest buyout fund, the Wall Street Journal reported citing people familiar with matter. The report indicated that the firm has already issued marketing documents for Blackstone Capital Partners VII LP. The fund's predecessor,...

SIGA Technologies, Inc. (SIGA) announced that it has filed a voluntary petition for relief under chapter 11 of the United States Bankruptcy Code in  Bankruptcy Court for the Southern District of New York. SIGA said it commenced the chapter 11 case to preserve and to assure its ability to satisfy its...

Spectrum Pharmaceuticals (SPPI) Tuesday said its drug Beleodaq received a new U.S. patent for injection on September 16, 2014 with patent term adjustment from May 2026 to October 2027. The patent extension was issued by United States Patent and Trademark Office or USPTO. While, the existing patent...

Financial data provider FactSet Research Systems, Inc.'s (FDS) fourth-quarter net income rose to $55.4 million, or $1.31 per share, from $51.0 million, or $1.16 per share, a year ago. On average, 15 analysts polled by Thomson Reuters expected earnings per share of $1.30 for the quarter. Analysts' estimates...

DISH Network Corp. (DISH) announced a multi-year contract renewal between the company and Scripps Networks Interactive (SNI). The agreement expands DISH customers' access to Scripps Networks' entire content portfolio, including new and expanded digital rights.The agreement includes over-the-top multi-stream...

UK's online fashion retailer ASOS Plc (ASC.L, ASOMF.PK, ASOMY.PK) Tuesday said its fourth-quarter revenue grew 16 percent from last year, and the growth was 22 percent at constant exchange rate. After adjusting for insurance proceeds, the firm expects profit before tax for fiscal 2014 to be in line with...

OncoGenex Pharmaceuticals, Inc. (OGXI) Tuesday said it has finished patient enrollment in its Phase 3 AFFINITY trial, which evaluates the potential of Custirsen to improve survival outcomes in men with metastatic castrate-resistant prostate cancer or CRPC. AFFINITY trial is an international, randomized,...

Ridgemont Equity Partners, a middle market buyout and growth equity investor, announced Tuesday the closing of a majority equity investment in Cook & Boardman Group, a specialty distributor of commercial metal and wood doors, door frames, door hardware, and related products. Financial terms of the transaction...

Health insurer Humana Inc.'s (HUM) board on Tuesday approved a $2 billion share buyback authorization with an expiration date of December 31, 2016, replacing its previous $1 billion share buyback programme. The company said it may buy back shares from time to time at prevailing prices in the open...

German aviation group Deutsche Lufthansa AG's (DLAKY, DLAKF) pilots have cancelled a strike slated for Tuesday that would have affected long-haul flights operating out of Frankfurt, according to the pilots' union Vereinigung Cockpit. The move came after Germany's biggest airline said it would proceed...

German Internet service provider United Internet AG (UDIRF.PK) increased its share capital via. partial utilization of its authorized capital from 194 million euros to 205 million euros. The 11 million new ordinary registered shares were placed with institutional investors through an accelerated bookbuilding...

Japanese car electronics maker Pioneer Corp. would sell its DJ equipment business to U.S. private equity firm Kohlberg Kravis Roberts or KKR & Co. L.P. (KKR) for 59 billion yen or around $551 million. Pioneer would then acquire newly issued shares in PDJHD with the result that PDJ Holdings Co., Ltd....

British drug maker AstraZeneca (AZN.L, AZN) Tuesday announced an agreement with its U.S. peer Eli Lilly and Co. (LLY) to jointly develop and commercialise BACE Inhibitor AZD3293, which is currently in development as a potential treatment for Alzheimer's disease. Under the deal terms, Lilly will pay...

Bayer HealthCare, a subsidiary of German conglomerate Bayer AG (BAYZF.PK, BAYRY.PK, BYR.L), and Finland-based Orion Corp. have initiated Phase III trial with ODM-201, an investigational novel oral androgen receptor inhibitor in clinical development for the treatment of prostate cancer. The trial, called...