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Canon U.S.A., Inc. announced PowerShot G1 X Mark III point-and shoot compact camera with a 24.3- megapixel APS-C CMOS sensor and Dual Pixel CMOS Auto-Focus technology. Dust and water resistant, the G1 X Mark III comes with a wide-angle 24-72mm (3x zoom) lens with Optical Image Stabilization featuring...

Exelixis, Inc. (EXEL) announced Monday that its global phase 3 CELESTIAL trial of Cabometyx (Cabozantinib) met its primary endpoint of overall survival in patients with advanced hepatocellular carcinoma or HCC. Separately, Exelixis announced that the FDA granted priority review for Cabozantinib as a...

Regeneron Pharmaceuticals, Inc. (REGN) and French drug giant Sanofi SA (SNYNF, SNY) announced positive results from a Phase 2 investigational study of dupilumab in adults with active moderate-to-severe eosinophilic esophagitis. The study showed that patients who received dupilumab weekly reported...

General Electric Company (GE) announced that Rafael Santana, president and CEO of GE Latin America, has been named president and CEO of GE Transportation, effective November 1, 2017. Rafael Santana will succeed Jamie Miller, who will become chief financial officer of GE on November 1, 2017. With over...

Southern Co. (SO) and its subsidiary Southern Company Gas said that Pivotal Utility Holdings, Inc., a subsidiary of Southern Company Gas, has entered into agreements to sell the assets of its utility operating divisions Elizabethtown Gas and Elkton Gas to South Jersey Industries Inc. (SJI) in an all-cash...

UTStarcom (UTSI) reported net income attributable to shareholders for the first half of 2017 of $8.3 million, compared to $3.8 million for the corresponding period in 2016. Basic income per share was $0.24, compared to $0.10. Non-GAAP basic net income per share was $0.25, compared to $0.16. First-half...

Pfizer Inc. (PFE) Monday announced that its Phase 2 study of next-generation investigational ALK-Inhibitor Lorlatinib exhibited clinically meaningful activity against lung tumors and brain metastases. The company presented the full results from the trial of the investigational, next-generation tyrosine...

Inovio Pharmaceuticals, Inc. (INO) announced Monday the initiation of a phase 1b/2 cancer efficacy trial combining its T-cell Immunotherapy with a PD-L1 Checkpoint Inhibitor in advanced bladder cancer. The immuno-oncology trial evaluates Genentech/Roche's atezolizumab (TECENTRIQ) in combination with...

Linde plc (PX) announced the proposed business combination between Praxair, Inc. (PX) and Linde AG has received unconditional antitrust clearance in Russia, satisfying a closing condition. The business combination remains subject to the satisfaction of other transaction closing conditions, including...

Eli Lilly and Company (LLY) reported new subgroup analysis from the company's Phase 3 REVEL trial of CYRAMZA (ramucirumab) in advanced non-small cell lung cancer. The global, randomized, double-blind, placebo-controlled REVEL Phase 3 study evaluated ramucirumab, in combination with docetaxel, in patients...

Fennec Pharmaceuticals Inc. (FENC, FRX.TO), a specialty pharmaceutical company, announced Monday that its Phase 3 SIOPEL 6 study on PEDMARK (sodium thiosulfate) met primary endpoint. PEDMARK, a unique formulation of sodium thiosulfate, is for the prevention of platinum-induced ototoxicity in pediatric...

German energy company E.ON AG (EONGY.PK) on Monday announced a new partnership with the purchase of a stake in Cuculus, a software start-up based in Ilmenau. With the deal, the partners expect to develop solutions for the intelligent house of the future. The technical basis for this is the Internet...

Daimler AG (DDAIF.PK) announced the company's plans for the creation of legally independent entities. In addition to the existing legally independent division Financial Services, the divisions Mercedes-Benz Cars & Vans as well as Daimler Trucks & Buses may be transferred into two legally independent...

Prima Solutions, the French insurance software vendor of the Carlyle Group LG (CG) Monday announced the acquisition of analysis and predictive tools company Tricast. The acquisition will strengthen the software offering of Prima Solutions. The financial aspects of the deal is not revealed. The Paris...

Shares of Husqvarna AB (HSQVY.PK) were losing around 6 percent in the morning trading in Stockholm after the Swedish manufacturer of products for construction and stone industries Monday warned on sales as it scaled back business with a large U.S. retail customer. In a statement, the company noted...

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