Catchmark Timber Trust (CTT) to Acquire Prime South Carolina Timberlands for $101.8M May 5, 2016 05:36PM

In the company's single, largest acquisition to date since its listing on the NYSE, CatchMark Timber Trust, Inc. (NYSE: CTT) announced today an agreement to acquire 51,700 acres of prime timberlands in South Carolina for $101.8 million, excluding closing costs, from funds managed by Forest Investment Associates. The acquisition of the Carolinas Midlands III timberlands will expand significantly CatchMark's recent entry into North Carolina and South Carolina from 17,600... (continue reading...)

UPDATE: Herbalife (HLF) Says Talks With FTC Have Progressed to Advanced Stage May 5, 2016 05:28PM (Updated - May 5, 2016 5:28 PM EDT)


Herbalife (NYSE: HLF) said talks with the FTC have progressed to an advanced stage, according to Bloomberg, citing an email statement.

"While there are a number of open issues, those discussions have progressed to an advanced stage and the range of outcomes now includes litigation or settlement. If a settlement is reached with the FTC, it would likely include injunctive and other relief as well as a monetary payment with our... (continue reading...)

Jacobs Technology awarded $427 million contract: Pentagon May 5, 2016 05:17PM

WASHINGTON (Reuters) - Jacobs Technology Inc was awarded a $427 million contract related to threat/target systems for warfighter training, the Pentagon said on Thursday.

The company, a unit of Jacobs Engineering Group Inc, was the only one to compete for the contract to provide "test and evaluation/training threat/target systems for warfighter training and debriefing systems," the Pentagon said in a statement.

(Reporting by... (continue reading...)

Lockheed wins $424 million contract for radar emitter simulation products: Pentagon May 5, 2016 05:18PM

WASHINGTON (Reuters) - Lockheed Martin Corp has won a $424 million U.S. defense contract for threat radar emitter simulations products and services, and other simulation equipment, the Pentagon said on Thursday.

The equipment and services will support the Aircrew Electronic Warfare Tactical Training Range project, it said.

(Reporting by Timothy Ahmann; Editing by Chris Reese)

KemPharm (KMPH) Receives Favorable FDA Panel Vote on Apadaz; Issues Commentary May 5, 2016 05:17PM

KemPharm, Inc. (Nasdaq: KMPH) announced that the Anesthetic and Analgesic Drug Products Advisory Committee and the Drug Safety and Risk Management Advisory Committee of the U.S. Food and Drug Administration (FDA) reviewed and voted on Apadaz™ (benzhydrocodone hydrochloride and acetaminophen), KemPharm’s investigational abuse-deterrent product candidate for the short-term management of acute pain.

The Committee determined by a vote of 16 to 4 in that Apadaz should be... (continue reading...)

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