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  • 09/20/2017 05:39:06

    UPDATE: Alnylam shares jump 24% on positive results from late-stage trial of hATTR amyloidosis treatment

    Sanofi and Alnylam Pharmaceuticals Inc. on Wednesday reported positive results in a late-stage trial of a treatment for Hereditary ATTR (hATTR) Amyliodosis patients with polyneuropathy. Alnylam shares jumped 24% after resuming trading following a halt. In a joint statement, the companies said an investigational RNAi therapeutic met its primary and secondary endpoints. The disease is an inherited one that is progressively debilitating and often fatal and is caused by mutations in the TTR gene. TTR protein is produced in the liver and usually acts as a carrier for vitamin A. Mutations can cause proteins to accumulate and damage organs and tissue, including the heart. About 50,000 people worldwide suffer from the disease, which currently has no approved treatment apart from liver transplant. Patients typically have a life expectancy of 2.5 to 15 years after the first symptoms appear. "This is a significant milestone that supports our belief that RNAi therapeutics have the potential to become an innovative new class of medicines for patients with rare genetic diseases," said Elias Zerhouni, M.D., president, global R&D at Sanofi in a statement. Alnylam shares had gained 100.4% in 2017 through Tuesday, while the S&P 500 has gained 12%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 09/19/2017 16:46:15

    Spielberg steps in as CEO at Amblin as Michael Wright steps down

    Amblin Partners said late Tuesday that Chief Executive Michael Wright is stepping down and handing the CEO role over to Amblin Chairman Steven Spielberg. The privately held joint venture, which includes Amblin Entertainment, DreamWorks Pictures and Participant Media, said Wright will be the executive producer for two upcoming films. Amblin said that Jeff Small will remain as president and co-CEO and oversee operations with Spielberg.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 09/19/2017 12:09:18

    Exclusive: Toshiba flips back towards Western Digital group for chip unit sale - sources

    TOKYO (Reuters) - Toshiba Corp is shifting back toward selling its prized semiconductor unit to a group backed by joint venture partner Western Digital Corp , people familiar with the deal said.

  • 09/19/2017 11:37:17

    Exclusive: Toshiba flips back to favoring Western Digital group for chip unit sale - sources

    TOKYO (Reuters) - Toshiba Corp is shifting back toward selling its prized semiconductor unit to a group backed by joint venture partner Western Digital Corp , just days after saying it was leaning toward a rival bid including a South Korean chipmaker, people familiar with the deal said in the latest in a series of twists for the critical deal.

  • 09/18/2017 23:31:22

    Activist has 15.1 pct Clariant stake, fights Huntsman deal

    ZURICH, Sept 19 (Reuters) - Activist investor Keith Meister's Corvex hedge fund and New York's 40 North now hold a joint 15.1 percent stake in Clariant, as they push on with their fight against the Swiss chemical maker's planned $20 billion merger with Huntsman Corp.

  • 09/13/2017 22:31:21

    VW, China partners to recall 4.86 mln vehicles over Takata air bags: watchdog

    Volkswagen AG and its Chinese joint ventures FAW-Volkswagen and SAIC Volkswagen will recall 4.86 million vehicles due to issues with air bags supplied by bankrupt auto parts maker Takata Corp, China's quality watchdog said on Thursday.

  • 09/13/2017 16:13:57

    Two Harley-Davidson unions pull out of joint-decisionmaking pact

    They say they won't take part anymore in the agreement to collaborate with management on joint decisions        

  • 09/07/2017 12:27:12

    JPMorgan creates joint venture for retail, internet banking: memo

    (Reuters) - Merger and acquisition dealmakers make their livings advising companies on mergers, sales and spinoffs. But this time, investment bankers at JPMorgan Chase & Co are working on an internal deal of their own.

  • 09/07/2017 09:37:42

    Daimler Financial Continues Mobility Expansion With Turo Investment

    Fresh off the announcement Tuesday that Daimler Financial Services — which operates Daimler AG’s mobility unit — is forming a joint venture with Via, the captive is now investing in carshare startup Turo. Turo raised $92 million in Series D funding with Daimler and SK Holdings — one of South Korea’s largest conglomerates — leadingRead More

  • 09/06/2017 09:31:11

    BRIEF-Internet of Things provides update & outlook on New Hope Group joint venture

    * Internet of Things Inc. provides update & outlook on New Hope Group joint venture

  • 09/01/2017 01:17:59

    Western Digital CEO apologizes to Toshiba for friction over chip unit sale

    TOKYO (Reuters) - The head of Western Digital Corp apologized to Toshiba Corp's CEO for strained ties after it sued the Japanese company to keep their memory chip joint venture from being sold to rival bidders, according to a letter dated Aug. 11.

  • 08/31/2017 15:46:00

    BRIEF-Aptevo Therapeutics and MorphoSys ends joint agreement to develop and commercialize MOR209/ES414

    * Aptevo Therapeutics and MorphoSys end joint development and commercialization agreement for MOR209/ES414

  • 08/30/2017 16:26:19

    Mexico's next deepwater oil joint venture seen requiring $10.7 bln

    MEXICO CITY, Aug 30 (Reuters) - A coveted deepwater oil project that Mexico's state oil company Pemex wants to develop with a partner will require some $10.7 billion in investment and could eventually add 174,000 barrels of new output per day, a senior regulator said on Wednesday.

  • 08/28/2017 01:39:42

    Vietnam tries dozens of bankers for graft, mismanagement

    Nearly 50 bankers are on trial in Vietnam for alleged graft and mismanagement causing $69 million in losses to a joint stock bank.

  • 08/25/2017 09:49:31

    BRIEF-Medical Facilities enters JV with Ambulatory Innovation Associates

    Medical Facilities Corp(MFCSF): * Has entered joint venture with Ambulatory Innovation Associates to establish an urgent care center in little rock, Arkansas Source text for Eikon: Further company coverage:

  • 08/24/2017 18:57:18

    Samsung, Biogen version of AbbVie's Humira approved in Europe

    Aug 24 (Reuters) - Biogen Inc's version of AbbVie Inc's blockbuster arthritis drug Humira has been approved by European Union regulators, Biogen and joint venture partner Samsung Biologics said on Thursday.

  • 08/23/2017 15:04:54

    BRIEF-AGCO announces manufacturing joint venture with CP Foods

    * AGCO Corp says AGCO and CP Foods will each own 50 percent of a manufacturing joint venture

  • 08/23/2017 14:22:35

    BRIEF-G-III Apparel Group Ltd announces joint venture for DKNY and Donna Karan in China

    G-iii Apparel Group Ltd(GIII). * G-iii Apparel Group Ltd(GIII) announces joint venture for DKNY and Donna Karan in China. * G-iii Apparel Group Ltd (GIII) says joint venture, of which G-III will own 49% and Amlon Balance, will be funded with $25 million of equity. * G-III Apparel Group (GIII) - partnering with Fred Gehring's investment fund, Amlon Capital Bv.

  • 08/23/2017 09:07:15

    BRIEF-Sinclair Broadcast Group and Tribune Media announce filing of FCC response

    Sinclair Broadcast Group Inc(SBGI). * Sinclair Broadcast Group(SBGI) and Tribune Media (TRCO) announce filing of fcc response. * Tribune Media Co (TRCO) and Sinclair Broadcast Group (SBGI) filed joint opposition to petitions to deny merger of two companies Source text for Eikon: Further company coverage:

  • 08/22/2017 15:08:33

    BRIEF-Gramercy Property Trust launches new joint venture

    * Gramercy Property Trust launches new joint venture to acquire, own, and manage newly constructed, Class A, e-commerce distribution facilities throughout the U.S.

  • 08/22/2017 10:14:09

    Ford eyes deal with Chinese electric carmaker

    The US firm is exploring a joint venture to make a new line of electric vehicles for the Chinese market.

  • 08/21/2017 15:26:03

    Lockheed wins $427 million U.S. defense contract: Pentagon

    WASHINGTON (Reuters) - Lockheed Martin Corp and its Lockheed Martin Aeronautics Co subsidiary are being awarded a $427 million order for ancillary military equipment and pilot flight equipment for some F-35 Joint Strike Fighter aircraft, the Pentagon said in a statement on Monday.

  • 08/21/2017 00:04:41

    Asian shares mixed as markets await central banker meeting

    Asian stocks are mixed as investors keep wary eye on joint military drills between U.S. and South Korean forces and await key meeting of central bankers later this week

  • 08/20/2017 21:32:57

    Asian shares mixed ahead of Korean drills, banker meeting

    Asian stocks are mixed as investors monitored joint military drills between U.S. and South Korean forces and awaited a key meeting of central bankers later this week

  • 08/14/2017 18:16:40

    PRESS DIGEST- British Business - Aug 15

    The following are the top stories on the business pages of British newspapers. The Times. - The joint heads of the newly merged Standard Life Aberdeen have vowed to continue in their shared role for another ten years. - Beny Steinmetz, an Israeli billionaire who has interests in iron ore and diamond mines, has been detained on suspicion of money laundering. The Guardian.

  • 08/14/2017 14:55:45

    BRIEF-Kadant acquires a leading expansion joint manufacturer

    Kadant Inc(KAI)- * Kadant(KAI) acquires a leading expansion joint manufacturer. * Kadant Inc (KAI) - deal for ‍$31 million in cash​. * Kadant Inc (KAI) - ‍announced completion of its acquisition of certain assets of Unaflex Llc​ Source text for Eikon: Further company coverage:

  • 08/11/2017 10:15:04

    Westlake Emerges as Preferred Subprime Lender for CARite

    Westlake Financial Services is the new leading provider of subprime and near-prime retail contract loans at CARite dealerships through a strategic partnership announced in a joint press release Thursday. Westlake snagged the preferred subprime lender slot over two larger players in the space. Ally Financial Inc. and Capital One AutoRead More

  • 08/07/2017 14:00:30

    UPDATE 1-Wells Fargo joint venture sued over merchant credit card fees

    NEW YORK, Aug 7 (Reuters) - A Wells Fargo Bank joint venture that provides credit card processing services to merchants across the country has been hit with a lawsuit accusing it of using misleading sales tactics and overbilling for its services.

  • 08/07/2017 10:36:00

    Wells Fargo joint venture sued over merchant credit card fees

    A Wells Fargo Bank joint venture that provides credit card processing services to merchants across the country has been hit with a lawsuit accusing it of using misleading sales tactics and overbilling for its services.

  • 08/04/2017 09:42:28

    Toyota to Take 5 Percent Stake in Mazda and Build Joint U.S. Plant

    The factory’s location has not been decided, but the automakers said that it would most likely cost $1.6 billion and would employ about 4,000 workers.

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