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News For GOL;HNR;MDCO;DSW From The Last 14 Days
Check below for free stories on GOL;HNR;MDCO;DSW the last two weeks.
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April 23, 2014
07:22 EDTMDCOThe Medicines Co. to acquire Tenaxis for $58M
The Medicines Company and Tenaxis Medical announced an agreement for The Medicines Company to acquire Tenaxis. Tenaxis's sole product, which mechanically seals both human tissue and artificial grafts is approved, but not launched in the US -- having received U.S. PMA approval from the FDA in March 2013 as a vascular sealant. The product is also approved with a European CE Mark as a surgical sealant applicable to cardiovascular, general, urological, and thoracic surgery. Under the terms of the agreement, The Medicines Company will pay $58M upfront on closing of the deal. The Medicines Company will also pay milestone payments of up to $112M contingent upon achieving certain commercial and -- in pursuit of even broader indications -- regulatory approval milestones.
07:08 EDTMDCOThe Medicines Co. reports Q1 adjusted EPS 33c, may not compare to consensus (7c)
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April 17, 2014
09:59 EDTMDCOOn The Fly: Analyst Downgrade Summary
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07:17 EDTMDCOThe Medicines Co. downgraded to Market Perform from Outperform at Leerink
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07:08 EDTDSWDSW appoints Mary Meixelsperger as CFO effective May 1
Meixelsperger replaces Douglas Probst, who is retiring from DSW on the same day. Meixelsperger joins DSW from Shopko Stores, a regional discount store chain, where she held the roles of Chief Financial Officer, Controller and Treasurer.
April 15, 2014
06:33 EDTDSWDSW acquires approximately 44% interest in Town of shoes in Canada
DSW Inc. and Town Shoes announced that they have entered into a definitive agreement whereby DSW Inc. will purchase for cash approximately 44% interest in Town Shoes for approximately $62M. The transaction has been approved by each company's board and is expected to close in May. DSW Inc. is purchasing its initial 44% stake from AIMCo and may acquire additional shares from certain other minority shareholders as part of its initial investment. Additionally, DSW Inc. will have the right to purchase the balance of Town Shoes from the remaining shareholders, including Callisto Capital, after four years at a pre-determined EBITDA multiple. Callisto, on behalf of itself and the remaining shareholders, has the right to put the balance of the company to DSW Inc. after three years at a pre-determined EBITDA multiple. DSW Inc.'s initial stake provides 50% voting control and board representation, both of which are equal to that of Callisto. The transaction, which the company anticipates to record under the equity method, is expected to be slightly accretive to earnings in FY14, excluding one-time transaction expenses.
06:30 EDTDSWDSW acquires approximately 44% interest in Town of shoes in Canada
April 12, 2014
19:57 EDTGOLGol Linhas receives authorization to operate flights from Campinas to Rio
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April 11, 2014
08:52 EDTGOLGol Linhas and TAP enter into a codeshore agreement
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