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Stock Market & Financial Investment News

News For TSM;ATHN;MPEL;RHHBY;DST;MCD;SYT;AKR;AET From The Last 14 Days
Check below for free stories on TSM;ATHN;MPEL;RHHBY;DST;MCD;SYT;AKR;AET the last two weeks.
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August 25, 2014
10:40 EDTRHHBYBiotechs rise after InterMune acquired by Roche
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10:02 EDTRHHBYRoche unit launches PD-LI antibody
Spring Bioscience, a member of the Roche Group, announced the launch of its PD-L1 rabbit monoclonal immunohistochemistry antibody. This new PD-L1 clone was developed for Roche/Genentech's anti-PD-L1 immunotherapy development program. The SP142 antibody is a component of the clinical trial assay designed by Ventana Medical Systems and used in early and late stage clinical trials for various tumor types including non-small cell lung cancer and urothelial bladder cancer. Internal comparison studies performed at Spring demonstrated that the PD-L1 antibody outperformed other commercially available PD-L1 antibodies.
09:35 EDTMCDActive equity options trading on open
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09:11 EDTRHHBYOn The Fly: Pre-market Movers
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08:24 EDTRHHBYRoche to hold a conference call
CEO Schwan and CFO Hippe discuss the acquisition of InterMune on a conference call to be held on August 25 at 9 am. Webcast Link
08:23 EDTRHHBYRoche acquisition makes sense, says Bernstein
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07:32 EDTMCDMcDonald's challenged as younger eaters defect to Chipotle, WSJ says
As McDonald's (MCD) faces a prolonged slump in sales growth, data compiled for The Wall Street Journal by Technomic showed that diners in their 20s and 30s are seeking out fresher, healthier food and defecting to competitors, in particular fast-casual restaurants like Chipotle Mexican Grill (CMG) and higher-end burger chain Five Guys. Reference Link
07:11 EDTRHHBYInterMune volatility expected to move on Roche acquiring for $8.3B
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06:28 EDTTSMTSMC slated to commence 16nm volume production in 1Q15, DigiTimes reports
TSMC (TSM) is expected to start volume production of its 16nm process in 1Q15, DigiTimes reports, citing the Chinese-language Economic Daily News. The company sees monthly output of 50,000 wafers to meet demand for Apple's (AAPL) A9 processors, the report says. Reference Link
August 24, 2014
20:27 EDTRHHBYRoche drops pursuit for remainder of Japan's Chugai, Bloomberg says
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15:41 EDTMCDRussian official says no plans to close McDonald's, Reuters says
The Russian Deputy Prime Minister Arkady Dvorkovich was quoted as saying that there are no plans to close the McDonald's chain in the country, says Reuters. Reference Link
13:41 EDTRHHBYRoche to acquire InterMune for $74.00 per share
Roche (RHHBY) and InterMune (ITMN) announced they have entered into a definitive merger agreement for Roche to fully acquire InterMune at a price of $74.00 per share in an all-cash transaction. This corresponds to a total transaction value of $8.3B on a fully diluted basis. This offer represents a premium of 38% to InterMune's closing price on August 22 and a premium of 63% to InterMune's unaffected closing price on August 12. The merger agreement has been approved by the boards of InterMune and Roche. Under the terms of the merger agreement, Roche will commence a tender offer no later than August 29 to acquire all outstanding shares of InterMune common stock, and InterMune will file a recommendation statement containing the unanimous recommendation of the InterMune board that InterMune's shareholders tender their shares to Roche. The transaction is expected to be neutral to core earnings per share in 2015 and accretive from 2016 onwards. The acquisition of InterMune, a Brisbane, California based biotechnology company focused on the research, development and commercialization of innovative therapies in pulmonology and fibrotic diseases, will allow Roche to broaden and strengthen its respiratory portfolio globally. Roche plans a smooth transition of InterMune employees and operations into the Roche organization, ensuring readiness for an expected launch of pirfenidone in the US in 2014. The closing of the transaction is expected to take place in 2014.
August 22, 2014
11:00 EDTMCDRussia continues to push McDonald's with new sanitary checkups, Reuters says
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09:51 EDTMCDMcDonald's brings back Mike Andres with retirement of Jeff Stratton
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August 21, 2014
10:11 EDTTSMTaiwan expects to sell 177M shares of TSMC, Reuters reports
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06:40 EDTMCDMcDonald's looking to expand digital efforts, CNBC says
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August 20, 2014
12:58 EDTMCDMcDonald's temporarily closes certain Russian restaurants
The company said, "Based on a claim from a federal consumer agency, on Aug 20 2014, McDonald’s restaurants on Pushkin Square, Manezh Square and Prospect Mira were temporary closed. We are closely studying the subject of the documents to define what should be done to re-open the restaurants as soon as possible. Our main priority is to serve our customers with top quality menu items. We will continue taking care of our employees and will do our best to continue the success of McDonald’s business in Russia."
August 19, 2014
11:00 EDTMCDMcDonald's to unveil retail coffee initiative, Huffington Post says
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06:02 EDTMCDTaco Bell introducing dollar menu, LA Times reports
Taco Bell (YUM) is introducing its new Dollar Cravings menu, which features 11 items, the LA Times reports. McDonald's (MCD) and Wendy's (WEN) both offer dollar menus. Reference Link
August 18, 2014
06:26 EDTMCDMcDonald's orders products from Thai supplier after food scare, Reuters says
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