Quick Facts

Share SHARE

InnoPharma Inc. announced that the U.S. Food and Drug Administration has approved its Abbreviated New Drug Application or ANDA for decitabine for injection, a generic version of Eisai Inc.'s Dacogen. InnoPharma developed the generic formulation of decitabine for injection and entered into an agreement...

Atlatsa Resources Corp. (ATL, ATL.TO) said that it has appointed Boipelo Lekubo as its chief financial officer effective 1 September 2014. Lekubo is a chartered accountant by profession with extensive experience in group financial management and reporting within the mining industry. Her previous finance...

Mattress Firm Holding Corp. (MFRM), a specialty retailer of mattresses and accessories in the United States, Friday said it will buy all of the mattress specialty retail assets and operations of Back to Bed Inc., M World Mattress LLC, MCStores LLC and TBE Orlando LLC, which collectively operate Back...

Molson Coors Brewing Co. (TAP-A, TAP) Friday said Simon Cox, 46, Managing Director of Molson Coors - UK and Ireland, would take over as CEO Europe, succeeding Mark Hunter. The position reports directly to the CEO of the global business and serves on the company's Executive Leadership Team. Cox,...

Finland's Rovio Entertainment Ltd., maker of the Angry Birds mobile game, said Friday that Pekka Rantala will succeed Mikael Hed as its Chief Executive Officer on January 1, 2015. The Chairman of the Board, Kaj Hed, has nominated Mikael Hed for a Board of Directors position. In addition, Mikael Hed...

BioCryst Pharmaceuticals, Inc. (BCRX) Friday said the National Institute of Allergy and Infectious Diseases or NIAID has awarded a contract modification for an additional $2.4 million to the firm to conduct a dose ranging efficacy study of an intramuscular formulation of BCX4430 in non-human primates...

Reynolds American Inc. (RAI) and Lorillard, Inc. (LO) announced that each company has received a request for additional information from the Federal Trade Commission in connection with Reynolds American's pending acquisition of Lorillard and divestiture of select brands to Imperial Tobacco Group. The...

Big Lots, Inc. (BIG) reported income from continuing operations of $17.2 million, or $0.31 per share for the second-quarter of 2014. Net income from continuing operations was $21.94 million or $0.38 per share, prior year. Adjusted income from continuing U.S. operations was $21.5 million, or $0.37 per...

Nokia Corp.(NOK) Friday announced that its navigation, mapping and location business HERE has partnered with South Korean conglomerate Samsung Electronics Co. Ltd. (SSNLF.PK, SSNNF.PK) to bring its maps and location platform services to Samsung's Tizen-powered smart devices, including the newly-announced...

Green Dragon Gas Ltd. (GDG.L), a producer of CBM gas in China, Friday said it will pay $40 million as a final settlement to energy giant ConocoPhillips (COP), following which the latter would renounce all claims and awards to them within the various proceedings in multiple jurisdictions. The payment...

Danish container shipping firm A.P. Moller-Maersk A/S (AMKAF.PK, AMKBF.PK) said it would initiate a share buyback program of 5.6 billion Danish Kronor or about $1 billion to be executed during a 12 months period. This program would be executed under EU Commission Regulation no. 2273/2003 of 22 December...

National Australia Bank (NABZY.PK, NAUBF.PK) said that it plans to sell a minority stake in its US-based subsidiary Great Western Bank or GWB through an initial public offering of shares in the US. It is customary in the US to sell a minority stake initially if exiting a business via the public markets. National...

British supermarket chain Tesco Plc. (TSCO.L, TSCDY.PK) Friday said it now expects trading profit for 2014/15 to be in the range of 2.4 billion pounds to 2.5 billion pounds. Trading profit for the six months ending August 23 is expected to be in the region of 1.1 billion pounds. Tesco said challenging...

Afren Plc (AFR.L, AFRNF.PK), an Africa-focused oil and gas company, reported Friday that its first-half pre-tax profit declined 49 percent to $133 million from last year's $260 million. Normalised profit before tax was $127 million, down 59 percent from $309 million a year ago. On an after tax...

Hermès International (0HV2.L, HESAY.PK, HESAF.PK) reported first-half consolidated net income of 413 million euros, a 8% rise over prior year. Operating income totalled 621 million euros, compared to 584 million euros in the first half of 2013. Consolidated revenue totalled 1.91 billion euros, a...