Novartis (NVS) Reports FDA Approval of Jadenu Tablets Mar 30, 2015 05:50PM

Novartis (NYSE: NVS) announced today that the US Food and Drug Administration (FDA) has approved JadenuTM (deferasirox) tablets, a new oral formulation of Exjade®(deferasirox) tablets for oral suspension, for the treatment of chronic iron overload due to blood transfusions in patients 2 years of age and older, and chronic iron overload in non-transfusion-dependent thalassemia syndromes (NTDT) in patients 10 years of age and older. Jadenu is the only once-daily oral... (continue reading...)

Staples (SPLS), Office Depot (ODP) Received FTC Request for Additional Information Mar 30, 2015 05:28PM

On March 30, 2015, Staples (NASDAQ: SPLS) and Office Depot (NASDAQ: ODP) each received a request for additional information and documentary material, often referred to as a “second request,” from the Federal Trade Commission (the “FTC”) in connection with the proposed acquisition of Office Depot by the Company. The second request was issued under the notification requirements of the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the “HSR... (continue reading...)

Vail Resorts (MTN) to Acquire Perisher in Australia for AU$176.6M Mar 30, 2015 05:01PM

Vail Resorts, Inc. (NYSE: MTN) today announced that the Company has agreed to acquire its first international mountain resort, Perisher Ski Resort ("Perisher") in New South Wales, Australia, for total cash consideration of AU$176.6 million (approximately US$136 million), subject to certain adjustments. Perisher is the largest and most visited ski resort in Australia, and is well-positioned with access to the country's largest cities, including Sydney, Melbourne,... (continue reading...)

Medtronic (MDT): FDA Expands Use of CoreValve System For Aortic 'Valve-in-Valve' Replacement Mar 30, 2015 04:54PM

The U.S. Food and Drug Administration today expanded the approved use of the CoreValve System to treat certain patients who have previously had a tissue aortic valve replacement and are in need of a second one.

This first-of-its-kind use is called aortic “valve-in-valve” replacement, and today’s approval expands the authorized use of the device to patients in need of this replacement who also are at high or extreme risk for complications associated with traditional... (continue reading...)

Transact Technologies (TACT), Avery Dennison (AVY) Resolve Dispute; Pre-Scheduled Rule 10b5-1 Trading Plan Cancelled Mar 30, 2015 04:47PM

Transact Technologies (NASDAQ: TACT) announced that the Company and Avery Dennison Corporation (NYSE: AVY) have resolved the dispute which was the subject of the lawsuit filed by Avery Dennison to the parties’ mutual satisfaction.

“With this litigation behind us, management can now commit its full attention to our existing businesses and our many long-term growth opportunities,” said Bart C. Shuldman, Chairman and CEO of TransAct Technologies. “The Company’s... (continue reading...)

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