US News

Walgreens (NYSE:WAG), the largest chain of pharmacies in the U.S. is entering into the final phase of its long-planned takeover of Alliance Boots. Walgreens’ share price dropped by more than 13% in early trading today. As of 3:53 pm GMT, its shares are selling at 60.38. down 12.8% from yesterday’s close of 69.12. It would […]

Sometimes even a fox like Rupert Murdoch can’t find a way to get into the hen house. Tuesday evening, 21st Century Fox (NASDAX:FOXA) announced that it had officially withdrawn its offer to become the guardian of the Time Warner (NYSE:TWC) hen house. The share prices of both companies declined rapidly. Murdoch, Chairman and CEO of […]

Company said to be ‘Broadening patent portfolio for xxtended-release amantadine’ Adamas Pharmaceuticals, Inc. (Nasdaq:ADMS), today announced that the United States Patent and Trademark Office (USPTO) issued U.S. Patent No. 8,796,337, entitled “Composition and Method For Treating Neurological Disease.” The claims of this patent are directed towards methods for treating...

Breaking News: Winthrop Realty Trust (NYSE:FUR) has announced that at its special meeting of common shareholders held earlier in the day holders of approximately 73% of Winthrop’s common shares of beneficial interest approved the plan of liquidation previously adopted by Winthrop’s Board of Trustees. As a result, the plan of liquidation was approved by the […]

Public Offering of 7.375% Senior Notes due 2021 Arbor Realty Trust, Inc. (NYSE:ABR) announced today that it has priced its public offering of $35.0 million aggregate principal amount of its 7.375% Senior Notes due 2021 for gross proceeds of $33.88 million. The offering was made pursuant to a reopening of its existing series of such […]

Patriot National Bancorp, Inc. (Nasdaq:PNBK) reported net income of $525,000 or $0.01 per diluted share for the second quarter of 2014. The results compare to net income of $319,000 in the first quarter of this year, (a 65% increase) and compared to a net loss of $3,912,000 in the second quarter of 2013. Excluding a […]

We have tended to be keen on the prospects of Gulf Keystone Petroleum (LSE:GKP) and its project in the Shaikan field in Kurdistan. The fact is that we still are, but the conflict in bordering Iraq, spurred by the so-called Islamic State’s pursuit of toppling the al-Maliki government in Iraq and establishing a caliphate in […]

Imagine that you are a blind man standing in front of a life-sized braille version of the 3D Systems Corp (NYSE:DDD) stock chart. Imagine that you reach out and locate the share price as of 02 January 2014. At 94.19, it is just about at shoulder height. Now imagine that you begin to trace the […]

Phase 1b PROVIDE Study in Pediatric Patients with Inherited Metabolic Disorders Expected to Begin in 4Q14 Fate Therapeutics, Inc. (Nasdaq:FATE), a biopharmaceutical company engaged in the discovery and development of adult stem cell modulators to treat orphan diseases, announced today that the U.S. Food and Drug Administration (FDA) has cleared its Investigational New Drug Application […]

M/A-COM Technology Solutions Holdings, Inc. (Nasdaq:MTSI), a leading supplier of high performance analog semiconductor solutions, today reported its financial results for its fiscal third quarter ended July 4, 2014. Third Quarter Fiscal Year 2014 GAAP Results: – Revenue was $112.4 million, compared to $107.8 million in the prior fiscal quarter and $83.5 million in the […]