logo

Breaking News

Share

Nissan Motor Co Ltd has recalled about 394,025 vehicles in the United States because a brake fluid leak could cause them to catch fire. "... die temperature variation coupled with poor tension force of the oil seal and high temperature vehicle environment, can adversely affect oil seal hardness. These...

Amgen announced a new analysis from the Repatha or evolocumab cardiovascular outcomes (FOURIER) study that evaluates the effectiveness of Repatha in patients who have suffered a recent myocardial infarction or MI. The analysis showed that patients who experienced a recent MI (less than one year) were...

Bristol-Myers Squibb Company (BMY) announced that the U.S. Federal Trade Commission or FTC has accepted the proposed consent order in connection with the pending merger of Bristol-Myers Squibb and Celgene Corpn (CELG), thereby permitting the parties to close the transaction. On August 26, Amgen agreed...

amazon-nov15.jpg Amazon plans to more than double its corporate workforce in Las Vegas by creating 125 additional jobs in the city. The e-commerce giant recently opened a new 30,000 square foot office in Town Square in downtown Las Vegas and plans to expand its corporate workforce in the area to support its Human Resources division. Amazon also said it will donate $100,000 to two food bank partners.

tesla-nov15.jpg Consumer Reports has once again recommended Tesla's Model 3 and Model S sedans as reliable, after the vehicles were previous downgraded by the organization. Consumer Reports said that the two sedans regained its recommendation due to improved reliability reports from owners of the cars, based on the results of its annual Auto Reliability Survey that were announced Thursday.

Masco Corp. (MAS) has entered into an agreement to sell Masco Cabinetry to ACProducts, Inc., owned by American Industrial Partners, for $1.0 billion, consisting of $850 million in cash and preferred stock issued by a holding company of the buyer with a liquidation preference of $150 million. Masco...

alibaba-nov15.jpg Chinese e-commerce giant Alibaba Group Holding announced ambitious long-term plans while announcing the pricing of its secondary listing in Hong Kong on Friday. Daniel Zhang, CEO and Chairman of Alibaba Group, said in a letter to investors that the company's longer-term goals by the year 2036 are to serve 2 billion consumers globally and create 100 million jobs.

Promedior Inc., a privately held clinical-stage biotechnology company based in Lexington, Massachusetts, has agreed to be acquired by Roche (RHHBY) in a deal with total transaction value of up to $1.39 billion. Roche will make an upfront cash payment of $390 million, plus additional contingent payments...

J. C. Penney Co., Inc. (JCP) reported Friday a third-quarter net loss of $93 million, or $0.29 per share, narrower than a net loss of $151 million, or $0.48 per share in the prior-year quarter. Excluding items, adjusted net loss for the quarter was $97 million, or $0.30 per share, compared to an adjusted...

Rigel Pharmaceuticals Inc. (RIGL) said that the Committee for Medicinal Products for Human Use or CHMP, the scientific committee of the European Medicines Agency, has adopted a positive opinion for Rigel's Marketing Authorization Application for fostamatinib disodium hexahydrate (fostamatinib) for the...

Roche (RHHBY) said that the EU Committee for Medicinal Products for Human Use or CHMP has adopted a positive opinion for Polivy (polatuzumab vedotin) in combination with bendamustine plus MabThera (rituximab) (BR) for the treatment of adults with relapsed or refractory (R/R) diffuse large B-cell lymphoma...

Noble Energy, Inc. (NBL) announced the sale of essentially all of its remaining U.S. onshore midstream interests and assets to Noble Midstream Partners LP (NBLX) and the elimination of the company's Incentive Distribution Rights for a total value of $1.6 billion. The consideration includes an estimated...

resTORbio, Inc., (TORC) said that data from the PROTECTOR 1 Phase 3 study, which evaluated the safety and efficacy of RTB101 in preventing clinically symptomatic respiratory illness in adults age 65 and older, did not meet its primary endpoint. It has stopped the development of RTB101 in this indication....

Novartis (NVS) said that the Committee for Medicinal Products for Human Use or CHMP of the European Medicines Agency or EMA adopted a positive opinion for Mayzent for the treatment of adult patients with secondary progressive multiple sclerosis or SPMS with active disease evidenced by relapses or imaging...

A.P. Møller - Mærsk A/S (AMKAF.PK, AMKBF.PK) reported third-quarter profit from continuing operations of $520 million compared to a loss of $173 million, last year. EBITDA increased by 14 percent to $1.7 billion, reflecting an EBITDA margin of 16.5 percent compared to 14.3 percent. Underlying profit...

Follow RTT
>