Johnson & Johnson (JNJ.N) agreed to pay $1.75 billion in cash to buy privately held Alios BioPharma Inc, which is developing a drug for a common respiratory viral infection in children for which there is no approved treatment.
United States
Ongoing Expansion in the U.S. Manufacturing, ISM
After a very strong August the expansion in the U.S. manufacturing industry cooled a bit in September The Institute for Supply Management said the PMI slowed to 56.6 from 59 in August.
Plant-based vaccines challenge big pharma for $3 billion flu market
Two tiny companies are preparing to challenge some of the world's largest drug makers in the battle for dominance in the $3 billion global market for influenza vaccines, armed with little more than tiny tobacco plants.
Detroit should be able to borrow after bankruptcy -consultant
Detroit should be able to access capital markets and borrow at a rate of around 5 percent after it exits bankruptcy, as long as its tax revenue remains stable, a city consultant said on Tuesday.
UnitedHealth to buy doctor management company MedSynergies
UnitedHealth Group Inc (UNH.N) said on Tuesday it agreed to buy MedSynergies, which manages physician practices, adding about 9,300 doctors to the hospital and health system services that its Optum technology-based business currently serves.
Latest News
EBay Inc's agreement on Tuesday to spin off PayPal next year will give the unit more flexibility to strike deals in the rapidly evolving payments space as growth at the company's traditional e-commerce business slows.
Stout Risius Ross, Inc. (SRR) announced today that its client, Engineered Polymers Corp. ("EPC"), has been acquired by Imperial Plastics, Incorporated ("Imperial"), a portfolio company of Goldner Hawn Johnson & Morrison Incorporated ("GHJM"). SRR served as exclusive financial advisor to EPC in connection with this transaction.
U.S. single-family home prices rose in July on a year-over-year basis but fell short of expectations, a closely watched survey said on Tuesday.
Rupert Murdoch's News Corp (NWSA.O) said it would buy Move Inc (MOVE.O), the owner of property websites such as realtor.com, for about $950 million to expand its digital marketing business.
Supermarket chain Supervalu Inc(SVU.N) reported on Monday a second attack against its payment systems barely two months after it said it was investigating a potential data breach.
U.S. medical device maker Medtronic Inc is likely to try to renegotiate the structure and terms of its $42.9 billion deal to buy Ireland's Covidien Plc in response to new U.S. tax rules, according to people familiar with the situation.
EnLink Midstream (ENLK.N) (ENLC.N) said on Monday it had signed a $235 million deal with Chevron Corp (CVX.N) to buy natural gas pipelines in Southern Louisiana, including those linked to the Henry Hub supply point that sets U.S. futures prices.
U.S. stocks ended lower on Monday following protests in Hong Kong that added to worries about Chinese growth and after a disappointing forecast from Ford Motor Co(F.N).
SoftBank Corp's (9984.T) talks to acquire Hollywood studio DreamWorks Animation SKG Inc (DWA.O) have cooled, a SoftBank source and banking sources in Japan said.
