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Stock Market & Financial Investment News

News Breaks
January 6, 2014
11:04 EDTTSM, XPO, ASH, OII, PPHMHigh option volume stocks: PPHM ASH TSM OII XPO
News For PPHM;ASH;TSM;OII;XPO From The Last 14 Days
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July 2, 2015
10:02 EDTASHAshland to acquire AkzoNobel Zeta Fraction biofunctional technology
Ashland Specialty Ingredients, a commercial unit of Ashland (ASH), announced it has signed a definitive agreement to purchase the Zeta Fraction technology from AkzoNobel (AKZOY). The acquisition broadens Ashland's value-added portfolio in the personal care, pharmaceutical, food and beverage, and agriculture markets, the company said. The transaction is expected to be completed during the current fiscal quarter. Financial terms were not disclosed.
June 30, 2015
17:11 EDTOIIOceaneering sees FY15 organic CapEx $200M-$250M
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17:09 EDTOIIOceaneering backs FY15 EPS view $2.80-$3.20, consensus $2.88
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08:08 EDTXPOXPO Logistics coverage resumed with an Overweight at Morgan Stanley
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June 26, 2015
17:53 EDTXPOXPO Logistics says ND is subject of ongoing investigation by French regulators
XPO Logistics said in a regulatory filing that ND or Norbert Dentressangle is subject to an ongoing investigation by the French Competition Authority. On June 8, XPO Logistics announced that it has consummated the previously announced agreement to purchase all of the shares of Norbert Dentressangle held by Mr. Norbert Dentressangle and his family, representing 67% of the company's outstanding shares, at a price of 217.50 euros per share. XPO continued in a filing: "In July 2014, ND Distribution received notification from the French antitrust authorities relating to alleged anti-competitive practices of companies in the parcel express delivery business. Most French companies participating in this market also received complaints covering several prior years. The investigation focuses on the role played by an industry syndicate, in which the participants are said to have exploited the syndicate’s “Pooling Business Advisory” meetings so as to align their sales practices and, in particular, prices. The French antitrust authorities are reviewing the period from June 2007 to March 2008, which straddles the period during which ND completed its indirect takeover of ND Distribution. ND expects that a hearing may be held late in 2015 or early in 2016. Additionally, ND is involved in certain proceedings in the Valence Criminal Court regarding a two-year preliminary enquiry into the way ND organizes international transport sub-contracting operations. No provision has been made in ND’s financial statements regarding either investigation, and while ND disputes the claims against it, any adverse findings or decisions arising out of such investigation could have a material adverse impact on ND’s business and financial condition. "
June 25, 2015
08:40 EDTPPHMPeregrine granted keu EU patent for bavituximab
Peregrine Pharmaceuticals announced that the European Patent Office, or EPO, has granted Patent Number 2,269,656, titled "Selected Antibodies Binding to Aminophospholipids and their Use in Treatment, Such as Cancer”. This important patent covers bavituximab as a composition of matter and for use in treating cancer including in combination with radiotherapy or chemotherapy, such as with docetaxel. The new patent covers bavituximab as a composition of matter, a range of related antibodies, including humanized and chain-shuffled antibodies and other sequence variations and their broad use in any diagnosis or therapy. The new patent also covers antibody drug conjugates, diagnostic and imaging constructs, liposomal and pharmaceutical combinations of bavituximab and related antibodies.
June 24, 2015
07:16 EDTASHCredit Suisse to hold a conference
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June 19, 2015
10:00 EDTXPOOn The Fly: Analyst Initiation Summary
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07:08 EDTXPOXPO Logistics initiated with an Outperform at William Blair
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