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Shares of DBV Technologies (DBVT) were gaining in Paris trading and Nasdaq pre-market on Monday after the company announced positive topline results from the Phase III REALISE trial of Viaskin Peanut for the treatment of Peanut-Allergic patients. The REAL Life Use and Safety of EPIT or REALISE trial...

LivaNova PLC (LIVN), a medical device company, announced Monday that it has entered into a binding Letter of Intent or LOI for the sale of Cardiac Rhythm Management or CRM Business Franchise to MicroPort Scientific Corp. for $190 million in cash. With the sale, LivaNova anticipates it will recognize...

Swiss drug major Novartis (NVS) announced Monday that the European Commission approved Tasigna (nilotinib) for the treatment of pediatric patients with newly diagnosed Philadelphia chromosome-positive chronic myeloid leukemia in the chronic phase or Ph+ CML-CP and pediatric patients with Ph+ CML-CP with...

Genentech, a member of Swiss drug major Roche Group (RHHBY), announced Monday positive results from two studies. The first, Phase III HAVEN 3 study evaluating HEMLIBRA (emicizumab-kxwh), met its primary endpoint. Further, the Phase III IMpower150 study met its co-primary endpoint of progression-free...

Julius Baer Group (JBARF.PK, JBAXY.PK) reported that the Group's assets under management (AuM) increased to a record 393 billion Swiss francs at the end of October 2017, a year-to-date increase of 17%. The Group said the rise in AuM was driven by significant net inflows, continued positive market performance,...

Marvell Technology Group Ltd (MRVL) is nearing a deal to buy chip maker Cavium (CAVM) for about $6 billion in cash and stock, the Wall Street Journal reported citing people familiar with the matter. The companies plan to announce the deal as soon as Monday, the report specified. The deal reportedly...

United States Steel Corp. (X) said it is committed to complying with all environmental standards, to ensuring the safety of employees and neighbors in the communities in which the company lives and operate, and to safeguarding shared environment. The company took that responsibility very seriously...

Alibaba Group Holding Limited (BABA), Auchan Retail S.A. and Ruentex Group announced a strategic alliance that brings together their online and offline expertise to explore new retail opportunities in China's food retail sector. As part of this strategic alliance, Alibaba Group will invest a total...

Volkswagen AG (VKW.L, VLKAF.PK, VOW.BE) announced Saturday that the core brand of the Volkswagen Group will be investing about 22.8 billion euros throughout the world from 2018 to 2022, a day after it announced a spending programme aimed at bolstering its position as a maker of electric cars. Volkswagen...

First Horizon National Corp. (FHN) and Capital Bank Financial Corp. (CBF) announced that, in connection with their proposed merger, Capital Bank Corp. will sell two branches in Greene County, totaling about $34 million in deposits and $2.5 million in loans, to Apex Bank, a Tennessee banking corporation....

Verizon Communications Inc. (VZ) is close to a new deal with the National Football League or NFL for digital streaming rights, the Bloomberg reported, citing people familiar with the matter. Financial details and the duration of Verizon's contract with the NFL couldn't immediately be learned. Verizon's...

JA Solar Holdings Co., Ltd. (JASO) said that it reached deal with JASO Holdings Limited or "Holdco", JASO Parent Limited, a wholly owned subsidiary of Holdco, and JASO Acquisition Limited or "Merger Sub", a wholly owned subsidiary of Parent, pursuant to which the Company will be acquired by an investor...

AstraZeneca Plc (AZN.L, AZN) is in talks to settle a Texas lawsuit claiming that the company fleeced the state's Medicaid program by fraudulently marketing one of its top drugs, Bloomberg reported citing to court filings. Texas sued the drugmaker in 2013, saying AstraZeneca had targeted the state's...

Yum! Brands, Inc. (YUM) said that its Board authorized repurchases of up to $1.5 billion in shares of common stock through year end 2018. This is in addition to the prior outstanding authorization.

Wells Fargo & Co. (WFC) Friday announced that Franklin Codel, a senior executive vice president and head of its Consumer Lending organization, has been dismissed from the company, effective immediately. The company said the dismissal was the result of Codel's acting in a manner that was contrary...

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