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Carl Icahn and Darwin Deason, the first and third largest shareholders of Xerox Corp. (XRX), announced they have formed a group with respect to the contemplated solicitation of proxies to elect four new individuals to the board at the 2018 annual meeting of Xerox's shareholders. Carl Icahn and Darwin...

BioCryst Pharmaceuticals Inc. (BCRX) and Idera Pharmaceuticals Inc. (IDRA) announced that they have signed a definitive merger agreement. The combined company will be renamed upon closing and will be led by Vincent Milano, CEO of Idera, who will also serve as a member of the Board. BioCryst Chairman,...

Priceline Group (NASDAQ) said that it appointed David Goulden as Executive Vice President and Chief Financial Officer, effective March 1st, 2018. Goulden joins The Priceline Group from Dell Technologies, where he most recently served as President of their Infrastructure Solutions Group. Goulden will...

Baxter International Inc. (BAX) said Monday that the U.S. Food and Drug Administration approved Bivalirudin in 0.9 percent Sodium Chloride Injection or bivalirudin. Bivalirudin is a specific and direct thrombin inhibitor indicated for use as an anticoagulant in patients undergoing percutaneous coronary...

Teva Pharmaceutical Industries Ltd. (TEVA) said Monday that a Phase III registration study evaluating subcutaneously administered reslizumab (110 mg) in a pre-filled syringe did not meet its primary endpoint of significantly reducing the frequency of clinical asthma exacerbations or CAEs in patients...

Electrolux AB (0MDT.L, 0GQ1.L, ELUXY.PK) announced it has agreed to acquire Schneidereit GmbH, a supplier of laundry rental solutions for professional customers in Germany and Austria. The company said the acquisition enables to develop its offering within the professional laundry business and supports...

Nuance Communications, Inc. (NUAN) forecast fiscal 2018 first-quarter results above analysts' estimates and also provided updates on executive leadership. The company confirmed that Paul Ricci will retire as CEO on or before March 31, 2018. Based on preliminary financial data, Nuance said it expects...

Elanco Animal Health, a division of Eli Lilly and Company (LLY), announced the approval of Credelio (lotilaner), a new monthly oral tick and flea treatment for dogs. The new option contains the patented active ingredient lotilaner, which targets the nervous system receptors of ticks and fleas. Credelio...

Enbridge Inc.(ENB, ENB.TO) and Spectra Energy Partners LP (SEP) announced execution of a definitive agreement, resulting in Enbridge converting all of its incentive distribution rights or IDRs and general partner or GP economic interests in SEP into 172.5 million newly issued SEP common units. As...

Oilfield services company Halliburton Co. (HAL) reported Monday that its fourth-quarter net loss attributable to share holders widened to $824 million or $0.94 per share from last year's loss of $149 million or $0.17 per share. Loss from operations was $805 million, or $0.92 per share, compared to...

Regeneron Pharmaceuticals, Inc. (REGN) announced the Ministry of Health, Labor and Welfare in Japan has granted marketing and manufacturing authorization for DUPIXENT (dupilumab) for the treatment of atopic dermatitis in adults not adequately controlled with existing therapies. DUPIXENT is a human monoclonal...

Insurer American International Group, Inc. (AIG) said it has entered into a definitive agreement to acquire all outstanding common shares of Validus Holdings, Ltd. (VR), a provider of reinsurance, primary insurance, and asset management services. Holders of Validus common shares will receive cash...

Celgene Corp. (CELG) said Monday that it agreed to buy Juno Therapeutics Inc. (JUNO) for $87 per share in cash or an aggregate of about $9 billion, net of cash and marketable securities acquired and Juno shares already owned by Celgene. In addition, Celgene reaffirmed 2020 financial targets. In the...

Ingersoll-Rand plc (IR) said that it has acquired United Kingdom-based ICS Group Holdings Limited, or ICS Cool Energy. The financial terms of the deal were not disclosed and are not material. ICS Cool Energy will be part of Ingersoll-Rand's Commercial Heating, Ventilation and Air Conditioning or HVAC...

Japan's Astellas Pharma Inc. and Vical Inc. (VICL) announced Monday that ASP0113, an investigational DNA vaccine being developed for cytomegalovirus or CMV-seropositive hematopoietic stem cell transplant or HSCT recipients, did not meet its primary or secondary endpoints in the Phase 3 HELIOS clinical...

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