Finance

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Sabra Healthcare REIT Closes Merger With Care Capital Properties

Caroline Williams

Sabra Healthcare REIT and Care Capital Properties, Inc. (CCP) said Thursday they have completed their merger to create a healthcare ...

Compugen Gets U.S. Patent

Bryan Smith

Compugen, a therapeutic discovery company, said the U.S. Patent and Trademark Office (USPTO) has issued a patent for COM701, the ...

Honeywell Posts Q2 EPS, Revenue Beat

Caroline Williams

Honeywell rose 0.4% in Friday’s pre-market trade after the company reported financial results for Q2, with earnings and revenue that ...

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Revolution Lighting Technologies Wins LED Contracts

Bryan Smith

Revolution Lighting Technologies, a provider of LED lighting, said Tuesday it has sold 205,000 LED tubes to the federal government, ...

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NRG Energy Launches 3-Year Plan

Caroline Williams

NRG Energy said Wednesday it has launched its three-part, three-year “transformation plan,” designed to significantly strengthen earnings and cost competitiveness, ...

Amazon Kicks Off Third Annual Prime Day

Stephen Holmes

Amazon is Monday kicking off its third annual Prime Day six hours early this year, giving members 30 hours to ...

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Fluor Wins Support Contract

Bryan Smith

Fluor, a holding company for professional businesses, said Monday that it has reached an agreement with Texas Central Rail Holdings, ...

Avnet Says CFO Kevin Moriarty Resigns

Bryan Smith

Avnet said Wednesday morning that Kevin Moriarty, its CFO for the past four-and-a-half years, has notified the company of his ...

Omeros Gets Orphan Drug Designation for OMS721

Caroline Williams

Omeros said that its experimental immunotherapy, OMS721, has received orphan drug designation from the US Food and Drug Administration for ...

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TG Therapeutics Obtains Special Protocol Assessment From FDA

Bryan Smith

TG Therapeutics said Tuesday it reached an agreement with the US Food and Drug Administration regarding a special protocol assessment ...

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Meredith Beats Fiscal Q4 Street Views on EPS and Revenues

Bryan Smith

Meredith, a media conglomerate owner-operator of TV stations and magazines, Thursday reported fiscal Q4 ended June 30 earnings and revenues ...

Global

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Statoil Gets Two Offshore Exploration Licenses In Suriname

Bryan Smith

Statoil said it has signed agreements to enter two offshore exploration licenses in Suriname. The agreements cover two blocks in the Guyana basin. In block 59, Statoil has been awarded 33.3% equity interest with partners ExxonMobil (XOM) and Hess (HES). ExxonMobil is the operator. In block 60, Statoil has been awarded 100% ...

Markets

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Dimension Therapeutics Completes Strategic Review

Caroline Williams

Dimension Therapeutics provided on Tuesday a corporate update following completion of a strategic review. The company said it expects to realize savings in operating expenses, including personnel costs, as a result of streamlining headcount by approximately 25% by the end of 2017. As part of its priority initiatives for 2017/2018, the company ...

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EnSync Sells Power Purchase Agreement

Bryan Smith

EnSync, a developer of innovative distributed energy resource systems and internet of energy control platforms for the utility, commercial, industrial and multi-tenant building markets, said Wednesday it has sold a power purchase agreement for an apartment complex in Oahu, Hawaii. The 300-kilowatt EnSync Energy system will provide electricity to the complex at ...

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Wall Street Rallies

Stephen Holmes

US equity benchmarks were higher on Monday as traders eyed the release of key manufacturing data due later in the week, the release of minutes from the Federal Reserve’s latest rate-setting meeting and a conference of the world’s largest oil producers to be held on Thursday. In economic news, the latest reading ...