A.M. Best has assigned indicative ratings to the unlimited
Securities and Exchange Commission shelf registration of ACE Limited
(ACE) (Zurich, Switzerland) [NYSE:ACE], which includes ACE and its
debt-issuing subsidiaries, ACE INA Holdings, Inc. , ACE Capital
Trust III and ACE Capital Trust IV .
Exelixis, Inc. (NASDAQ:EXEL) today announced that it has extended and
restructured its agreement with Swedish Orphan Biovitrum AB (Sobi) to
support the distribution and commercialization of COMETRIQ ®
(cabozantinib) for progressive, unresectable, locally advanced or
metastatic medullary thyroid cancer (MTC) in the European Union (EU),
Switzerland, Norway, Russia, and Turkey.
Graña y Montero S.A.A (NYSE: GRAM) (BVL: GRAMONC1) and Enagás have
formalized today the purchase of 51% and 30% respectively of Tecgas from
Canada Pension Plan Investment Board (CPPIB). Tecgas is the current
strategic operator of Transportadora de Gas del Perú (TgP) and also owns
100% stake of Compañía Operadora de Gas del Amazonas (COGA).
In March of this year, Graña y Montero S.A.A. and Enagás announced an
agreement with CPPIB for the purchase that has materialized today.
By Jennifer Booton, MarketWatch
IBM has missed revenue expectations in 12 of the last 15 quarters
NEW YORK (MarketWatch) -- With IBM projecting flat sales this year and a decline in earnings, some analysts say it could take years for IBM to fully recover from its current transition period.
Akebia Therapeutics, Inc. (NASDAQ:AKBA), a biopharmaceutical company
focused on delivering innovative therapies to patients with kidney
disease through the biology of hypoxia inducible factor (HIF), today
announced that it has been selected for addition to the NASDAQ
Biotechnology Index ® (Nasdaq:^NBI). The annual re-ranking of
the NASDAQ Biotechnology Index will become effective upon market open on
Monday, December 22, 2014.
Senior Housing Properties Trust (NYSE:SNH) today announced that it has
entered into an agreement with CNL Lifestyle Properties, Inc. to acquire
38 high quality senior living communities for approximately $790
million, including the assumption of debt.
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