Overseas Shipholding Group (OSG) Approves Previously Announced Spin-Off Oct 21, 2016 04:30PM

Overseas Shipholding Group, Inc. (NYSE: OSG) announced today that its Board of Directors has approved the previously announced plan to separate its international and domestic businesses into two independent, publicly traded companies: Overseas Shipholding Group and International Seaways.

Upon separation, International Seaways will own and operate one of the largest fleets of international crude and product tankers worldwide. OSG will consist of the currently existing... (continue reading...)

Midstates Petroleum (MPO) Completes Ch. 11 Bankruptcy; Will Trade Under 'MPO' Oct 21, 2016 04:07PM

Midstates Petroleum Company, Inc. (NYSE: MPO) announced that it has emerged from Chapter 11 bankruptcy protection, after satisfying all of the conditions precedent to the effectiveness of its Plan of Reorganization (the “Plan”), which was confirmed by the U.S. Bankruptcy Court for the Southern District of Texas on September 29, 2016.

With the completion of its restructuring, the Company has eliminated approximately $2 billion of debt along with more than $185 million... (continue reading...)

Viveve Medical (VIVE) Files Patent Infringement Lawsuit Against Thermi in Texas Oct 21, 2016 04:05PM

Viveve Medical, Inc.'s (NASDAQ: VIVE) wholly-owned subsidiary, Viveve, Inc. ("Viveve"), a medical technology company focused on women's health, today filed a patent infringement lawsuit against ThermiGen, LLC, ThermiAesthetics, LLC, and Dr. Red Alinsod in U.S. District Court for the Eastern District of Texas. The lawsuit seeks redress for the Defendants' unauthorized use of Viveve's patented technology. The action is intended to protect Viveve's significant investment... (continue reading...)

Roche (RHHBY) Announces Receipt of FDA Approval for cobas MPX Test Oct 21, 2016 03:50PM

Roche (OTC: RHHBY) announced that it has received approval from the U.S. Food and Drug Administration (FDA) for the cobas MPX test for use on the cobas® 6800 and 8800 Systems. The cobas MPX test enables donor screening laboratories to apply the most advanced PCR-based diagnostic technology to the surveillance of donated blood and plasma in the United States, preventing the spread of Human Immunodeficiency Virus Groups 1 and 2 (HIV-1 and HIV-2), Hepatitis B Virus (HBV),... (continue reading...)

PayPal says some customers unable to make payments due to cyber attack on Dyn Oct 21, 2016 03:36PM

(Reuters) - PayPal Holdings Inc said on Friday that it has experienced some service disruptions due to the cyber attack on Dyn that caused Internet outages for its customers.

"This has prevented some of our customers from being able to pay with PayPal in certain regions," said company spokeswoman Amanda Miller. "PayPal was not attacked directly, nor were any of our core services to business impacted in the disruption."

... (continue reading...)

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