B&G Foods (BGS) Acquires Victoria Fine Foods for $70M Dec 2, 2016 04:06PM

B&G Foods, Inc. (NYSE: BGS) announced that effective today it has acquired Victoria Fine Foods Holding Company and Victoria Fine Foods, LLC from Huron Capital Partners and certain other sellers for approximately $70.0 million in cash, subject to a customary working capital adjustment.

“We are delighted to welcome Victoria Fine Foods and the Victoria premium pasta sauce brand to the B&G Foods family,” stated Robert C. Cantwell, President and Chief Executive Officer of... (continue reading...)


Bonanza Creek Energy (BCEI) Announces Receipt of Continued Listing Standard Notice from NYSE Dec 2, 2016 04:04PM

Bonanza Creek Energy, Inc. (NYSE: BCEI) (“ the Company”) announces that on November 28, 2016, it was notified by The New York Stock Exchange (“NYSE”) that the Company is no longer in compliance with certain continued listing standards that are applicable to the Company. The Company’s 30-day average closing share price as of November 22, 2016 was $0.99, in violation of the listing standard set forth in Section 802.01C of the NYSE Listed Company Manual. This... (continue reading...)


Teva Pharma (TEVA) Loses Bid to Revive '413, '250, and Third Capaxone Patent in IPR Review - Bloomberg Dec 2, 2016 03:36PM

(Updated - December 2, 2016 3:36 PM EST)

(Updated - December 2, 2016 3:33 PM EST)

Teva Pharma (NYSE: TEVA) lost a bid to revive '413, '250, and a third Capaxone patent during an IPR review, according to Bloomberg headlines.


Celgene (CELG) to Acquire Acetylon Pharmaceuticals Dec 2, 2016 02:34PM

Acetylon Pharmaceuticals announced that it has entered into an agreement to be acquired by Celgene Corporation (Nasdaq: CELG).

Prior to the consummation of the acquisition, Acetylon will spin out a new company, Regenacy Pharmaceuticals, LLC, which will focus on the development of novel drug candidates that selectively regenerate intracellular transport and upregulate gene expression to modify the course of disease. Regenacy will receive exclusive worldwide rights to... (continue reading...)


Exclusive: U.S. standards council to investigate New Oriental after Reuters report Dec 2, 2016 01:57PM

By Steve Stecklow

MIAMI (Reuters) - A U.S. standards-setting body said it would investigate New Oriental Education & Technology Group Inc (NYSE: EDU) in the wake of a Reuters report that detailed allegations of academic fraud at the company.

The American International Recruitment Council, which certifies agencies that recruit foreign students on behalf of U.S. colleges, will investigate the company in response to the report, said Jeet Joshee,... (continue reading...)


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