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Spok Holdings, Inc. (SPOK), a healthcare communications provider, announced Monday that Michael Wallace has joined the company as its new Chief Financial Officer. He succeeds Shawn Endsley in that position, who effective immediately assumes the role of Chief Accounting Officer. Wallace joins Spok...

Red Mountain Capital Partners LLC is now calling upon Board of Deckers Outdoor Corp. (DECK) to explore a sale of the Company because they believe that the value of a sale to a strategic or financial buyer is substantially higher than the risk-adjusted value of the standalone operating plan announced...

Samsung Electronics Co. (SMSN.L, SSNNF.OB, SSNLF.OB) plans to sell refurbished or rental versions of the Galaxy Note 7 smartphone. But, the company did not specify when or where the Galaxy Note 7 smartphone would re-emerge. "Regarding the Galaxy Note 7 devices as refurbished phones or rental phones,...

Total (TTA.L,TOT) said that it entered into a partnership with Borealis and Nova to form a joint venture with the aim of building an ethane steam cracker and a new Borstar® polyethylene unit on the US Gulf Coast. Total is expected to hold a 50% interest in the new joint venture. The joint venture...

DST Systems Inc. (DST) said that it agreed to acquire State Street Corp.'s (STT) ownership interest in the Boston Financial Data Services, Inc. or "BFDS" joint venture and the International Financial Data Services Limited or "IFDS U.K." joint venture in the UK. BFDS provides innovative shareholder...

VIVUS, Inc. ( VVUS) announced Monday that it reached an agreement with French drug major Sanofi (SNY) to return the commercial rights for STENDRA in Africa, the Middle East, Turkey and the Commonwealth of Independent States, including Russia, to VIVUS. In pre-market activity on Nasdaq, VIVUS shares...

Synergy Pharmaceuticals Inc. (SGYP) announced Monday that the company has submitted a supplemental New Drug Application or sNDA for TRULANCE (plecanatide) for the treatment of adults with irritable bowel syndrome with constipation or IBS-C. The company said the application is based on data from two...

Delcath Systems Inc. (DCTH) said that it has reached a Special Protocol Assessment (SPA) agreement with the U.S. Food and Drug Administration (FDA) for the design of Delcath's pivotal trial of Melphalan Hydrochloride for Injection for use with the Delcath Hepatic Delivery System (Melphalan/HDS) to treat...

Allergan plc (AGN) and Paratek Pharmaceuticals Inc. (PRTK) announced that two Phase 3 trials of sarecycline for the treatment of moderate to severe acne met their 12 week primary efficacy endpoints. Sarecycline is a once-daily, oral, narrow spectrum tetracycline-derived antibiotic with anti-inflammatory...

Sealed Air Corp. (SEE) said Monday that it agreed to sell its Diversey Care division and the food hygiene and cleaning business within its Food Care division or "New Diversey" to Bain Capital Private Equity, a leading global private investment firm, for about $3.2 billion. New Diversey will be a hygiene...

Suncor Energy Inc. (SU.TO, SU) provided an update on the Syncrude Mildred Lake Oil Sands facility following the March 14 incident. The company said preliminary investigation indicated that the cause of the incident was a loss of containment on a line near one of the naphtha hydrotreating units. Damage...

DuPont (DD) announced Monday that the European Commission has granted conditional regulatory clearance in Europe of the company's proposed merger of equals with The Dow Chemical Co. (DOW). The regulatory milestone is a significant step toward closing the merger transaction, with the intention to subsequently...

Alexion Pharmaceuticals, Inc. (ALXN) said that it appointed Ludwig Hantson as Chief Executive Officer and member of the Board of Directors, effective immediately. Hantson most recently served as President and CEO of Baxalta, a successful spin-off as a public company from Baxter. He succeeds David...

Software AG (STWRY.PK) announced Monday the acquisition of Cumulocity GmbH, based in Dusseldorf, Germany. Financial details of the transaction were not disclosed. Cumulocity develops innovative solutions for the Internet of Things or IoT offering connectivity for networked digital devices and sensors...

Dr. Reddy's Laboratories Limited (RDY) and Integra LifeSciences Holdings Corp. (IART), a global medical technology company, announced an exclusive distribution agreement, under which Dr. Reddy's will market and distribute DuraGen Plus and Suturable DuraGen Dural Regeneration Matrices in India. Integra's...

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