Astellas will be acquiring drug discovery company Ogeda for as much as €800 million, including a €500 million initial payment.
Despite the rash of recent Chapter 11 filings and store closings, the U.S. retail sector as a whole remains incredibly strong and shows no signs of slowing down, according to a report by business intelligence firm Creditsafe USA.
New York Post posits that Americans are “tapped out” and are also applying for credit in dwindling numbers.
The Exchange dispursed $224 million in dividends in the last year, which supports the military and their families.
The investments are being driven by demand for products, as well as its pipeline of potential medicines in development targeting cancer, pain, diabetes and other unmet medical needs.
Sears Holding is walking back some of the comments it made in its annual report, noting that “despite the risks outlined we remain confident in our financial position.”
Sears Holdings states the retail industry is rapidly changing and it must change with it, by changing to a “customer-centric” company.
According to Bloomberg, a merger plan could see Sprouts — which is publicly traded — go private as an addition to Albertsons' portfolio.
Fred’s could purchase additional stores, distribution centers, software and personnel, according to a news report.
For the year, the company's sales increased 9% to $3.1 billion.