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Skechers U.S.A To Be Acquired By 3G Capital For $63.00/shr Cash, Stock Surge

India, May 5 -- Skechers U.S.A., Inc. (SKX), a footwear and apparel company, on Monday announced that it has agreed to be acquired by 3G Capital, an investment firm and private partnership, for $63.00... Read More


Valaris To Sell Jackup Rig VALARIS 247 To BW Energy For $108 Mln

India, May 5 -- Valaris Limited (VAL) Monday announced that it has entered into an agreement to sell its 27-year-old jackup rig, VALARIS 247, to BW Energy for approximately $108 million in cash. The ... Read More


PTC Therapeutics Stock Tanks 22%

India, May 5 -- Shares of PTC Therapeutics, Inc. (PTCT) tanked 22% on Monday morning. The biopharmaceutical company announced positive results from its Phase 2 PIVOT-HD study of PTC518 in patients wit... Read More


Dover To Acquire Precision Tech Firm SIKORA AG For €550 Mln To Boost Process Solutions Portfolio

India, May 5 -- Dover Corporation (DOV) Monday announced that it has signed a definitive agreement to acquire SIKORA AG, a German-based leader in precision measurement and inspection technology, for &... Read More


Berkshire Hathaway Appoints Greg Abel As President And CEO; Warren Buffett To Remain Chairman

India, May 5 -- Berkshire Hathaway, Inc. (BRK-A) confirmed Monday that Berkshire's Board of Directors voted unanimously at the Annual Shareholders Meeting held on Saturday to appoint Greg Abel to beco... Read More


SiEnergy To Buy Hughes Gas For $60 Mln

India, May 5 -- SiEnergy Operating, a subsidiary of Northwest Natural Holding Company (NWN), and EPCOR USA Inc. on Monday announced a deal for SiEnergy to acquire EPCOR's Texas natural gas utility, Hu... Read More


Johnson & Johnson Reports Positive Phase 3 ASTRO Study Data For TREMFYA In Ulcerative Colitis

India, May 5 -- Drug major Johnson & Johnson (JNJ) announced Monday positive new data from the Phase 3 ASTRO study evaluating TREMFYA (guselkumab) subcutaneous (SC) induction therapy in adults with mo... Read More


Indonesia Shares Due For Profit Taking On Tuesday

India, May 5 -- The Indonesia stock market has moved higher in six straight sessions, advancing more than 225 points or 3.6 percent along the way. The Jakarta Composite Index now rests just above the ... Read More


Dover To Acquire SIKORA For EUR 550 Mln In Cash

India, May 5 -- Dover Corp. (DOV) announced that it agreed to acquire SIKORA AG for 550 million euros in cash, subject to customary adjustments. The transaction is expected to close in the second qua... Read More


GigaMedia Posts Narrower Loss In Q1

India, May 5 -- GigaMedia (GIGM) reported that its first quarter net loss was $0.68 million, compared to a loss of $0.90 million, a year ago. Loss per share was $0.06 compared to a loss of $0.08. Cons... Read More