Quick Facts

Share SHARE

Salix Pharmaceuticals, Ltd. (SLXP) Tuesday said on August 29, 2014, it responded to the Complete Response Letter or CRL issued by the FDA on March 7, 2011, regarding the company's supplemental New Drug Application or sNDA for XIFAXAN 550 mg tablets for the proposed indication of the treatment of irritable...

1-800-FLOWERS.COM Inc. (FLWS), multi-channel retailer of thoughtful gifts for all occasions, announced Tuesday that it agreed to acquire Harry & David Holdings Inc., multi-channel specialty retailer and producer of branded premium gift-quality fruit, gourmet food products and other gifts marketed under...

Zogenix, Inc. (ZGNX), a pharmaceutical company developing and commercializing products for the treatment of pain-related and central nervous system disorders, Tuesday announced new post-hoc analysis data showing that the indicated 12-hour dose of Zohydro ER, (hydrocodone bitartrate) Extended-Release...

Alder BioPharmaceuticals, Inc. (ALDR) has regained the worldwide rights for its anti-inflammation rheumatoid arthritis drug 'clazakizumab' from Bristol-Myers Squibb Co. (BMY), as the latter has decided to stop development. Alder will continue the development of clazakizumab, a monoclonal antibody,...

Kofax Ltd.'s (KFX, KFX.L) net income for the fiscal year ended June 30, 2014 increased to $11.38 million, or $0.12 per share, from last year's $10.0 million, or $0.11 per share. Adjusted earnings per share amounted to $0.26 for the recent year. Total revenues for the year went up by 8.8% to $289.7...

Conn's Inc. (CONN), a specialty retailer of home appliances, Tuesday reported a decline in its earnings for the second quarter, reflecting higher interest expenses. In addition, the firm slashed its annual earnings guidance. Conn's net income was down to $17.7 million or $0.48 per share from $19.2...

Netlist Inc. (NLST), a provider of high performance memory solutions for the cloud computing and storage markets, said Tuesday that the United States District Court of the Northern District of California denied without prejudice a motion to stay Netlist's patent infringement action against SanDisk and...

Discount retailer Dollar General Corp. (DG) said it has sent an enhanced acquisition proposal to the board of Family Dollar Stores, Inc. (FDO). As per the terms of the revised proposal, Dollar General would increase its all-cash proposal for all outstanding shares of Family Dollar to $80.00 per share....

Senior Housing Properties Trust (SNH) Tuesday said it will buy twenty three Class A medical office buildings, or MOBs, for nearly $539 million. The properties contain about 2.2 million square feet and are located in 12 states. The acquisition GAAP capitalization rate is expected to be nearly 6.4 percent. Commenting...

Select Income REIT (SIR) said Tuesday that its board has approved a definitive merger agreement to acquire all of the outstanding common stock of Cole Corporate Income Trust or CCIT for about $3.0 billion, payable in a combination of cash and SIR common shares plus the assumption of certain mortgage...

Insulin maker Novo Nordisk A/S (NVO) said it has decided to discontinue all its research and development or R&D activities within inflammatory disorders, while increasing its efforts within diabetes prevention and treatment, obesity and diabetes complications.

FormFactor Inc. (FORM) said that it raised its third quarter revenue outlook. Customer demand across all segments was the main driver for the increase to the company's expected revenue results. It expects revenue for its fiscal third quarter of 2014 to be between $71 million and $75 million, higher...

Bayer HealthCare, an unit of German conglomerate Bayer AG (BYR.L, BAYRY.PK, BAYZF.PK), reported results from the X-VeRT study showing that once-daily Xarelto is an effective and well-tolerated alternative to dose-adjusted vitamin K antagonists or VKAs, such as warfarin in patients with non-valvular atrial...

Sandvik Group (SDVKF.PK, SDVKY.PK), a Swedish tools, service and technical solutions company, Tuesday announced that its unit Sandvik Materials Technology is divesting its distribution business in Australia and New Zealand to Vulcan Steel Ltd., a privately owned steel distributor with operations. The...

Swiss drug maker Novartis AG (NVS) reported that a wealth of new data from its respiratory portfolio would be presented at the European Respiratory Society or ERS International Congress, September 6-10, in Munich, Germany. Totally, 44 abstracts would be presented by Novartis, representing more than any...