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Murphy USA Prices Offering

Murphy USA Prices Offering

April 21, 2017 at 12:20 pm 0 comments

Murphy USA said Friday that it has priced its previously announced offering of $300 million aggregate principal amount of 5.625% senior notes due 2027 by its wholly owned subsidiary, Murphy Oil USA, Inc. The notes will be guaranteed on a senior unsecured basis by Murphy USA and by certain of Murphy USA’s domestic subsidiaries. The notes will be issued atRead More

Gevo Shares Rise

Gevo Shares Rise

April 20, 2017 at 11:44 am 0 comments

Gevo shares rose 18% on Thursday after the company said it has struck a deal under which WB Gevo Ltd, or Whitebox, has agreed to exchange all $16.5 million of the existing outstanding 2017 notes with newly created 12% senior secured convertible notes due 2020. “Over the past year, we have been working hard to restructure our balance sheet andRead More

Lion Biotechnologies Forms Strategic Alliance

Lion Biotechnologies Forms Strategic Alliance

April 19, 2017 at 12:02 pm 0 comments

Lion Biotechnologies said pre-market Wednesday it signed a multi-year strategic alliance deal with The University of Texas MD Anderson Cancer Center to evaluate the safety and efficacy of tumor-infiltrating lymphocyte (TIL) therapy in ovarian cancer, various sarcomas, and pancreatic cancer. TIL therapy will be evaluated in clinical trials in multiple solid tumor cancers using two different TIL manufacturing processes. TheRead More

Vera Bradley Unveils Licensing Agreement

Vera Bradley Unveils Licensing Agreement

April 18, 2017 at 11:47 am 0 comments

Vera Bradley, the iconic accessories and lifestyle brand, said on Tuesday it has entered into a licensing agreement with CID Resources for apparel and coordinating accessories designed specifically for the expanding population of female health care professionals. The health care professionals’ collection is expected to launch in spring 2018. All licensed products will be sold in appropriate distribution channels whichRead More

Lloyds Banking Group Partners with Microsoft

Lloyds Banking Group Partners with Microsoft

April 17, 2017 at 12:06 pm 0 comments

Lloyds Banking Group has unveiled details of a partnership with technology provider Microsoft (MSFT) aimed at trialing biometric security features with its online banking customers. The collaboration will test biometric authentication with customers logging into their Lloyds Bank, Halifax and Bank of Scotland internet banking sites in the second half of the year, according to a statement published on MondayRead More

Asian ADRs Down in Thursday Trading

Asian ADRs Down in Thursday Trading

April 13, 2017 at 11:41 am 0 comments

American depository receipts of Asian stocks were trading 0.12% lower at 149.98 on the Bank of New York Mellon Asia ADR Index on Thursday. In North Asia, the gainers were led by financial services provider Fanhua (FANH), and financial holding company KB Financial Group (KB), which rose 4.2% and 3.4% respectively. Fabless semiconductor company Himax Technologies (HIMX), and solar panelRead More

UK Wage Growth Dwindles

UK Wage Growth Dwindles

April 12, 2017 at 11:57 am 0 comments

UK workers received the lowest rate of annual wage growth in two and a half years when adjusted for inflation in the three months to February, the latest labor market figures from the UK’s Office for National Statistics (ONS) have shown. Total pay, which includes bonuses, when adjusted for inflation, increased by just 0.2% between December and February from aRead More