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Biopharmaceutical company Horizon Pharma plc (HZNP) announced it has filed patent infringement lawsuits in the U.S. District Court for the District of New Jersey related to Abbreviated New Drug Applications or ANDA filed with the U.S. Food and Drug Administration to market a generic version of Pennsaid...

IAMGOLD Corp. (IAG, IMG.TO) Monday said it is not expecting a material impact on its Essakane Mine due to a code revision by transitional assembly of Burkina Faso. The code is yet to be formalized into law. The company noted that the revision reduces regulatory uncertainty, creates an innovative...

LINN Energy, LLC (LINE) and LinnCo, LLC (LNCO) announced that LINN has signed definitive agreements with private capital investor Quantum Energy Partners to fund selected future oil and natural gas acquisitions and the development of acquired assets. Quantum has agreed to initially commit up to $1 billion...

Allergan plc (AGN) and Oculeve, a development-stage medical device company focused on developing treatments for dry eye disease, announced they have entered into an agreement under which Allergan will acquire Oculeve in an all-cash transaction. Allergan will acquire Oculeve for a $125 million upfront...

LINN Energy LLC (LINE) and LinnCo, LLC (LNCO) announced that LINN has signed a definitive agreement to sell its remaining position in Howard County in the Permian Basin for a contract price of $281 million. The companies said the properties sold under the deal include approximately 6,400 net acres prospective...

Alexion Pharmaceuticals, Inc. (ALXN) announced that Japan's Ministry of Health, Labour and Welfare approved the company's New Drug Application for the use of Strensiq, or asfotase alfa, as a treatment for patients in Japan with hypophosphatasia, an ultra-rare metabolic disorder. The company noted that...

Magellan Petroleum Corp. (MPET) announced the formation of a special committee of independent members of the Board to consider various strategic alternatives potentially available to the company. The company said the Special Committee is authorized to identify, negotiate, and potentially implement all...

Daimler AG (DDAIF.PK) reported that the global unit sales of Mercedes-Benz increased by 19.3% in June to 169,616 vehicles. The company said the sales success is due to the high demand for SUVs and the C-Class Saloon and Estate. "June saw Mercedes-Benz complete not only the best ever first half of...

China Nepstar Chain Drugstore Ltd. (NPD), a retail drugstore chain in China, announced Monday that its board of directors has received a preliminary non-binding 'Going Private' proposal at a price of $1.30 per share or $2.60 per ADS. The proposal letter, dated July 6, was from the company's chairman...

Global investment firm KKR & Co. L.P. (KKR) announced the appointment of Dominique Lafont as a senior adviser to the firm, effective immediately. Lafont is the former president and CEO of Bolloré Africa Logistics. Lafont will help Kayode Akinola, KKR Director and head of KKR's efforts in Africa, to...

Allot Communications Ltd. (ALLT), an Israel-based provider of intelligent broadband solutions, announced Monday that based on preliminary estimates, revenue in the second quarter is expected to be in the range of $21 million to $22 million. The Company also expects to generate a net operating loss in...

German tire manufacturer Continental AG (CTTAY) announced that it will redeem the USD bond of $950 million that has been issued in September 2012 with a coupon of 4.50 percent by its subsidiary Continental Rubber of America, Corp. early to its investors. The early redemption will take place on September...

British housebuilding company Bovis Homes Group PLC (BVS.L), in its trading update for the six month period ended June 30, 2015, said it legally completed a record 1,525 homes in the period, an increase of 3 percent from last year's 1,487 homes, reflecting high quality land investments made during the...

Rolls-Royce Holdings plc (RYCEF.PK, RR.L, RYCEY.PK) reported that the Group now expects its full year 2015 underlying profit before tax to be between 1.325 billion pounds to 1.475 billion pounds, compared to previous guidance of 1.400 billion pounds to 1.550 billion pounds, reflecting the deterioration...

CTC Media, Inc. (CTCM), a Russian independent media company, announced Monday said it has received a formal, non-binding offer from UTH Russia, a privately held Russian commercial television broadcasting group, for the purchase of a 75 percent interest in CTC's operating businesses, on a cash- and debt-free...

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