Geron sells last drug in pipeline to J&J unit

Geron Corp licensed its cancer compound, the last in its pipeline, to a unit of Johnson & Johnson for up to $935 million, sending its shares up as much as 33 percent in extended trading.


Hachette and Amazon reach agreement on e-book sales

Hachette Book Group and Amazon.com Inc said on Thursday they reached a multi-year agreement for e-book and print book sales after months of bitter fighting that pitted writers and publishers against the world's largest online retail store.

Virtu aiming for spring 2015 IPO - sources

Electronic trading company Virtu Financial LLC hopes to go public in the spring, about a year after it originally planned its market debut, two sources familiar with the matter said on Thursday.

Scuttled deals worth $580 billion put hedge funds on back foot

Hedge funds specializing in bets on mergers and acquisitions are starting to see investors withdraw funds, prompting them to take a more cautious approach after being caught out by more than 500 corporate deals globally failing this year.


Latest News

Comcast Corp's (CMCSA.O) merger with Time Warner Cable Inc (TWC.N) is going "full steam ahead" despite uncertainty around new rules governing net neutrality, Comcast Chief Executive Officer Brian Roberts told reporters on Wednesday.
At least two top-10 Yahoo Inc (YHOO.O) shareholders are so unhappy with Chief Executive Marissa Mayer's turnaround efforts that they are making a direct plea to AOL Inc (AOL.N) CEO Tim Armstrong to explore a merger and run the combined company.
Alibaba Group Holding Ltd's (BABA.N) finance services arm "will definitely go public," Executive Chairman Jack Ma said on Tuesday, eyeing a mainland China listing for the e-commerce company's crown jewel.
Indian generic drugmaker Aurobindo Pharma Ltd (ARBN.NS) said on Wednesday its U.S. unit won a bankruptcy auction to buy nutritional supplements maker Natrol Inc for $132.5 million.
Chinese video streaming firm Youku Tudou Inc (YOKU.N) said on Wednesday Xiaomi Technology Co Ltd [XTC.UL] will acquire a stake in the online video host.
AT&T's $1.7 billion agreement to buy Iusacell, Mexico's No. 3 cellular operator, puts it in the unfamiliar position of market underdog, owning an asset that may require billions in investment to catch up to the market's two larger players.
European jet maker Airbus Group NV (AIR.PA) aims to double the annual value of aircraft components it sources from China to $1 billion by 2020, the firm's China Chief Operating Officer, Rafael Gonzalez-Ripoll-Garzon, said on Tuesday.
Ukraine's currency lost nearly 5 percent of its value on Monday after a weekend that saw the heaviest shelling in a month hit the main rebel stronghold in the east and signs that Moscow had dispatched troops and tanks to reinforce separatists.
Japanese electronics conglomerate Panasonic Corp is considering M&A deals as a way to bolster its position in the European white goods market, its chief executive said on Monday.
KKR & Co (KKR.N), which led the acquisition of oil and gas producer Samson Resources Corp for $7.2 billion in 2011 and has already sold almost half its acreage to cope with lower energy prices, plans to sell its North Dakota Bakken oil deposit worth less than $500 million as part of an ongoing downsizing plan, according to people familiar with the matter.
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