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Boston Scientific Corporation (BSX) has entered into a definitive agreement to acquire Apollo Endosurgery, Inc. (APEN) for a cash price of $10 per share, reflecting an enterprise value of approximately $615 million. Boston Scientific expects the impact to adjusted earnings per share to be immaterial...

Royal Bank of Canada or RBC (RY, RY.TO) announced Monday an agreement to acquire 100 percent of the common shares of HSBC Bank Canada, a premier Canadian personal and commercial bank, for an all-cash purchase price of C$13.5 billion. All of HSBC Canada's earnings from June 30, 2022 through close will...

Canadian lender Bank of Nova Scotia (BNS.TO, BNS), called Scotiabank, announced Wednesday that fourth-quarter net income attributable to common shareholders of the Bank declined to C$1.95 billion or C$1.63 per share from C$2.41 billion or C$1.97 per share in the prior-year quarter. Excluding items,...

Elbit Systems Ltd. (ESLT) posted a third quarter non-GAAP net earnings per share of $1.40, compared to $2.33, a year ago. Non-GAAP net income to shareholders was $62.6 million compared to $103.1 million. GAAP earnings per share was $1.26, compared to $2.08, last year. Net earnings per share in the...

AstraZeneca Plc. (AZN.L, AZN) said that it agreed to buy all outstanding equity of Neogene Therapeutics for a total consideration of up to $320 million, on a cash and debt free basis. The deal price includes an initial payment of $200 million on deal closing, and a further up to $120 million in both...

British retailer Tesco plc. (TSCO.L, TSCDY.PK) on Tuesday confirmed the appointment of Citigroup Global Markets Limited to repurchase shares with an aggregate value of up to 203 million pounds. The latest program is part of its existing commitment to buy back a total of 750 million pounds worth of...

Technip Energies (THNPF, THNPY) said it has received a contract from TotalEnergies for the production of Sustainable Aviation Fuels at Grandpuits platform in France. The contract covers the Engineering, Procurement services and Construction assistance (EPsCa) for the conversion of the Grandpuits refinery...

Cox Media Group said that DISH makes no serious offer to continue carriage of Cox Media Group's local TV stations, blacking out hundreds of thousands of its own customers, turning its back on vital local journalism. Cox Media alleged that DISH unilaterally chose to black out all Cox Media Group or...

BlockFi Inc. and eight of its affiliates commenced voluntary cases under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the District of New Jersey, the Crypto lending firm said in a statement. As part of its restructuring efforts, BlockFi will focus on recovering...

S&P Dow Jones Indices said that Nexstar Media Group Inc. (NXST) will replace Sabre Corp. (SABR) in the S&P MidCap 400, and Sabre will replace Flagstar Bancorp Inc. (FBC) in the S&P SmallCap 600. S&P MidCap 400 constituent New York Community Bancorp Inc. (NYCB) is acquiring Flagstar Bancorp in a deal...

Cox Media Group has removed its local channels from DISH TV Customers in nine markets, due to a re-transmission fee dispute. Cox's action affects viewers of various ABC, FOX, CBS and NBC stations in nine markets. The broadcaster is using customers as negotiation leverage, demanding a massive...

Gilead Sciences, Inc. (GILD) and Arcus Biosciences (RCUS) Monday announced a positive update for the randomized, open-label joint TIGIT Phase 2 ARC-7 study in patients with first-line metastatic non-small cell lung cancer. ARC-7 is evaluating the combinations of anti-TIGIT antibody domvanalimab plus...

Kintara Therapeutics, Inc. (KTRA) announced the FDA has granted Fast Track Designation to REM-001 Therapy for the treatment of patients with cutaneous metastatic breast cancer. REM-001 was studied in four phase 2/3 clinical trials in patients with CMBC. Kintara said it is focused on securing the funding...

CinCor Pharma, Inc. (CINC) Monday announced that its Phase 2 HALO trial evaluating Baxdrostat in patients with uncontrolled hypertension failed to achieve statistical significance on its primary endpoint. Baxdrostat is a once-daily, selective aldosterone synthase inhibitor. The safety profile and...

Foodservice distributor US Foods Holding Corp. (USFD) announced Monday that Dave Flitman will become Chief Executive Officer (CEO), effective January 5, 2023. Flitman will also be a member of the US Foods Board of Directors. Flitman brings more than 35 years of leadership experience in food distribution,...

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