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Russia-based Eurasia Drilling Co Ltd (EDCL.L) on Monday said it has extended the deadline of a deal to sell a stake to Schlumberger Ltd (SLB) to April 30 from the end of March. In January, Schlumberger agreed to buy a 45.65% minority stake in EDC for $22 per share. The total cost of acquiring the...

State Auto Financial Corp (STFC) and State Automobile Mutual Insurance Co on Monday announced the hiring of Michael LaRocco as president and chief executive officer effective April 27. Current President, CEO and Chairman Robert Restrepo Jr. will work with LaRocco during the transition and remain...

MultiVir Inc. said Monday that it has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of shares of its common stock. The number of shares to be offered and the price range for the proposed offering...

Fitch Ratings said Monday that it has affirmed its 'BBB' Issuer Default Rating for Liberty Property Trust, Inc. (LPT) and its operating partnership, Liberty Property Limited Partnership. The Rating Outlook is Stable. Fitch said its ratings for Liberty reflect its appropriate leverage, fixed-charge...

French drug maker Sanofi's (SNY) unit Genzyme announced that the Ministry of Health, Labor and Welfare (MHLW) of Japan has granted marketing approval for Cerdelga (eliglustat) as the only oral therapy for the treatment of adults with Gaucher disease type 1 in Japan. The MHLW approval was based on...

Exxon Mobil Corp. (XOM) announced it has started production in the deepwater Gulf of Mexico at Hadrian South with facilities tied back to the nearby Lucius project, reducing additional infrastructure requirements. ExxonMobil net daily production from Hadrian South and Lucius is expected to reach more...

Drugmaker Perrigo Co. plc (PRGO) announced that it has completed the acquisition of Belgian OTC healthcare company Omega Pharma Invest N.V. in a cash and stock deal valued at about 3.8 billion euros, including assumed debt of 1.3 billion euros from Marc Coucke, Waterland Private Equity Fund V CV and...

Gildan Activewear Inc. (GIL, GIL.TO) announced the completion of its previously announced two-for-one share split of the Company's outstanding common shares by way of a share dividend. The common shares will commence trading on a split basis at the start of business today. On March 27, 2015, each...

Tetra Tech, Inc. (TTEK) said it has been awarded a $1 billion multiple-award indefinite delivery indefinite quantity or IDIQ contract for the U.S. Agency of International Development or USAID to support the implementation of USAID's Water and Development Strategy. Under the five-year Water and Development...

Amgen (AMGN) announced the U.S. FDA has accepted the supplemental New Drug Application (sNDA) of Kyprolis (carfilzomib) for Injection for the treatment of patients with relapsed multiple myeloma who have received at least one prior therapy. The FDA granted Kyprolis priority review with a PDUFA target...

AstraZeneca (AZN) announced the US FDA has approved a new administration option for acute coronary syndrome patients who are unable to swallow BRILINTA 90 mg tablets whole. The company said, unlike other P2Y12 inhibitors, BRILINTA has FDA approval to be crushed and administered in water by swallowing...

AAR Corp. (AIR) reported third-quarter income from continuing operations of $1.9 million, or $0.05 per share, compared to $16.9 million or $0.43 per share, prior year. The company reported a net loss of $34.5 million or $0.89 per share after discontinuing operations of Telair Cargo Group and Precision...

HCP (HCP) and HCR ManorCare Inc. (HCRMC) announced they have agreed to amend Master Lease, encompassing a portfolio of 333 post-acute, skilled nursing and assisted living facilities owned by HCP. Commencing April 1, 2015, HCP will provide an annual net rent reduction of $68 million. The contractual rent...

Intrexon Corp. (XON) and Merck Serono, the biopharmaceutical business of Merck KGaA (MKGAY.PK), announced an exclusive strategic collaboration and license agreement to develop and commercialize Chimeric Antigen Receptor T-cell cancer therapies. The agreement provides Merck Serono exclusive access to...

Fortune Brands Home & Security, Inc. (FBHS) said it has signed an agreement to acquire Norcraft Companies, Inc. The purchase price is $25.50 per share, resulting in an enterprise value of approximately $600 million. The company said the transaction will be financed under Fortune Brands' existing credit...

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