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Vimicro International Corp. (VIMC), a video surveillance technology and solution provider in China, announced Tuesday that its joint venture, Shanxi Zhongtianxin Science and Technology Co. Ltd., has won a contract worth 76 million Chinese yuan or $12.4 million approximately. The contract is to provide...

Verona Pharma plc.(VRP.L) said that it has appointed Biresh Roy as Chief Financial Officer and member of the Board of Directors with immediate effect. He takes over from Richard Bungay whose appointment was part-time and a non-board role. Biresh Roy, aged 51, has a strong track record in executing...

Mitsui & Co., Ltd. (MITSF.PK, MITSY.PK) Tuesday announced an agreement with Mori Building Co., Ltd. to sell its entire shares in its associated company, Shanghai Senmao International Real Estate Co., Ltd. Mitsui has a 15 percent stake in Shanghai Senmao. This transfer is scheduled to be executed...

Powerflute Oyj (POWR.L), the paper and packaging group, has reached a conditional agreement with Stora Enso Oyj (SEOAY.PK) to acquire Corenso, an international cores and coreboard producer. The adjusted enterprise value for the acquisition on a cash and debt free basis is likely to be 81 million euros. The...

Plumbing and heating products distributor Wolseley Plc's (WOSCF.PK, WOS.L, WOSYY.PK) annual pre-tax profit of 698 million pounds was 51.7% ahead of last year's 460 million pounds, when the business incurred a large exceptional charge. Excluding exceptional items, pre-tax profit amounted to 679 million...

Evotec AG (EVTCY.PK, EVOTF.PK) said its multi-target collaboration with Bayer HealthCare has reached an important milestone for the transition of a molecule into pre-clinical development for the treatment of endometriosis. This milestone was achieved under the agreement between Evotec and Bayer signed...

Apple Inc. (AAPL) announced its iPhone 6 and iPhone 6 Plus will be available in China beginning Friday, October 17 from the Apple Online Store, Apple's retail stores, and its network of retail stores through all three major carriers and Apple Authorized Resellers. The company said customers in China...

Addex Therapeutics Ltd. (ADDXF.PK), a Swiss company pioneering allosteric modulation-based drug discovery and development, reported Tuesday that its first-half net loss was 970 thousand Swiss francs, compared to last year's loss of 13.94 million francs. Net loss per share narrowed significantly to 0.10...

Eline Entertainment Group, Inc. Tuesday said it has added Rodney Wilkinson J.D., MAcc, CPA, as its Chief Financial Officer & General Counsel. Wilkinson has over 30 years of experience in finance, tax law, trusts and estates, business planning, and corporate law. His expertise is invaluable as...

Regeneron Pharmaceuticals, Inc. (REGN) and French drug maker Sanofi (SNYNF.PK, SNY) announced that a Phase 2a proof-of-concept trial of dupilumab, an investigational therapy that blocks IL-4 and IL-13 signaling, achieved all primary and secondary endpoints in patients with moderate-to-severe chronic...

Alibaba Group (BABA) said Taobao (China) Software Co., Ltd., its subsidiary, has agreed to invest 2.81 billion yuan in Beijing Shiji Information Technology Co. Ltd or Shiji Information, a China-based hotel information technology provider, in return for a 15 percent stake. After completion of the...

SoftBank Corp.'s talks to buy DreamWorks Animation SKG Inc. (DWA) have cooled, the Wall Street Journal reported late Monday, citing people familiar with the matter. According to the Journal, it was not immediately clear what had happened between Saturday, when the talks were under way, and Monday. It...

Cisco Systems, Inc. (CSCO) said Monday that it has completed the acquisition of privately held Metacloud. The deal was announced earlier this month. Based in Pasadena, California, Metacloud deploys and operates private clouds for global organizations with a unique OpenStack-as-a-Service model...

Salix Pharmaceuticals, Ltd. (SLXP) and Progenics Pharmaceuticals, Inc. (PGNX) said Monday that the Food and Drug Administration has approved Relistor Subcutaneous Injection, 12 mg/0.6ml, for the treatment of opioid-induced constipation, or OIC, in patients taking opioids for chronic non-cancer pain....

SM Energy Co. (SM) said Monday that Anthony Best will retire from his role as the company's Chief Executive Officer on January 31, 2015. In conjunction with this previously announced leadership transition, the company's Board of Directors appointed Javan Ottoson, currently President and Chief Operating...