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mcdonalds-nlrb-121319.jpg The National Labor Relations Board ruled in favor of McDonald's in a long-running case filed by workers who accused the fast-food giant of retaliation after they tried to unionize. The lawsuit, filed by 20 employees against McDonald's and some of its franchise operators in 2015. The lawsuit was seeking a ruling that would consider McDonald's a 'joint employer' with its franchisees.

Pfizer Inc. (PFE) announced the Committee for Medicinal Products for Human Use of the European Medicines Agency has adopted a positive opinion recommending the approval of VYNDAQEL for the treatment of wild-type or hereditary transthyretin amyloidosis in adult patients with cardiomyopathy. The final...

facebook-dec13.jpg Shares of Facebook fell almost 3 percent in Thursday's trading after the Wall Street Journal reported that the Federal Trade Commission is considering seeking a preliminary injunction against Facebook amid antitrust concerns over the company's integration of its apps. Facebook had earlier said it was planning to integrate its three messaging services.

Boehringer Ingelheim and Eli Lilly and Co. (LLY), in an update on Jardiance phase III exercise ability studies in chronic heart failure, said that there was no significant change from baseline to week 12 in exercise ability with Jardiance versus placebo, as measured by the six-minute walk test, which...

Biogen Inc. (BIIB) said that it will discontinue development of gosuranemab for progressive supranuclear palsy and other primary tauopathies. The primary endpoint of the Phase 2 PASSPORT of gosuranemab for progressive supranuclear palsy was not statistically significant. In addition, the study did...

Funds advised by Apax Partners said that they agreed to buy Coalfire, a provider of cybersecurity advisory and assessment services, from The Carlyle Group (CG) and The Chertoff Group. Financial terms were not disclosed. It is expected to complete the transaction in early 2020. Founded in 2001,...

Novartis (NVS) announced the Committee for Medicinal Products for Human Use of the European Medicines Agency has adopted a positive opinion for Beovu, an investigational product for the treatment of wet age-related macular degeneration. The positive CHMP opinion is based on findings from the Phase III,...

DHI Group, Inc. (DHX) announced Friday that Kevin Bostick has joined as Chief Financial Officer, effective Monday, December 16. Bostick will have overall responsibility for the financial organization, including financial planning, accounting, financial reporting, investor relations, treasury, internal...

Eli Lilly and Co. (LLY) said that the European Medicines Agency's or EMA Committee for Medicinal Products for Human Use or CHMP issued a positive opinion recommending a new indication and associated label update for Cyramza or ramucirumab. The Committee agreed that the label should include an indication...

SandRidge Energy Inc. (SD), an oil and natural gas exploration and production company headquartered in Oklahoma City, said Friday that it is reevaluating its 2020 capital plans with an emphasis on cost control and free cash flow generation, citing the current challenging price environment. Meanwhile,...

Shares of footwear maker Skechers U.S.A. Inc. (SKX) hit a new 52-week high of $41.70 on December 12, and closed its Thursday's trading session at $41.64, up 89 cents or 2.18%. The company has nearly doubled sales to $4.64 billion in 2018 from $2.38 billion in 2014, while growing operating income to $438 miilion from $209 million, and expanding gross margins above 45%.

Chinese electronics manufacturer Universal Scientific Industrial (Shanghai) Co., Ltd. or USI, on Friday formally announced its intention to enter into the Equity Acquisition Agreement with the shareholders of French electronic manufacturing service firm Asteelflash, the second largest EMS company in...

Power Corporation of Canada (POW.TO) and Power Financial Corp. (PWF.TO) have agreed to effect a reorganization transaction. Power Financial minority shareholders will receive 1.05 Power Corporation subordinate voting shares and nominal cash consideration in exchange for each Power Financial common share....

Gold miner Centamin Plc (CELTF.PK, CEY.L, CEE.TO) announced Friday the appointment of Ross Jerrard as interim Chief Executive Officer, effective immediately. The company also appointed James Rutherford as Deputy Non-Executive Chairman, effective January 1, 2020. Jerrard, currently Chief Financial...

German online food delivery service Delivery Hero SE on Friday said it agreed to buy about 82 percent stake in South-Korean food delivery platform Woowa Brothers Corp. in cash and stock deal. The companies also agreed to establish a joint venture in Singapore. The transaction values Woowa on a cash...

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