CytoDyn has entered into an agreement to purchase Progenics Pharmaceuticals' proprietary humanized monoclonal antibody HIV viral-entry inhibitor drug candidate, PRO 140, for $3.5m. Upon successful continued clinical development of PRO ...
Tags: CytoDyn, HIV viral-entry inhibitor drug, humanized monoclonal antibody
Federal-Mogul, a supplier of powertrain and safety technologies, has reported a decrease of 2% in net sales of $1.6bn for the third quarter of 2012, compared to $1.73bn for the same period in 2011. Gross margin for the third quarter of ...
Tags: Federal-Mogul, net loss, net income, powertrain and safety
Takeda America Holdings, a wholly owned subsidiary of Takeda Pharmaceutical Company, has acquired URL Pharma for an upfront payment of $800m. Takeda will begin the integration of URL Pharma and will right away assume responsibility for ...
Avery Dennison Corporation announced preliminary, unaudited third quarter 2012 results. “In the third quarter, we delivered the strongest organic sales growth since first quarter 2011,” said Dean Scarborough, Avery ...
Tags: Avery Dennison, third quarter 2012, financial results, net sales
Carter’s Inc., the largest branded marketer in the United States of apparel exclusively for babies and young children, reported its third quarter 2012 results. “We are reporting a record level of sales and earnings in our ...
Tags: Carter's, third quarter 2012, financial results, net sales
Nokia Siemens Networks is selling its optical networking business unit to private investment firm Marlin Equity Partners, the latest in a series of sell-offs as the vendor concentrates on mobile broadband networks. The two companies ...
Tags: Nokia Siemens, Networks, optical networking, DWDM equipment
Rocky Brands Inc. announced financial results for its third quarter ended September 30, 2012. Third quarter 2012 net income was $5.4 million compared with $5.2 million in the third quarter of 2011, and diluted earnings per share were ...
Tags: Rocky, financial results, third quarter, net income, net sales
Land O'Lakes,a farmer-owned food and agricultural cooperative,has reported 22%decline in net earnings to$47.3m for the second quarter,compared to$67.1m for the same period in 2011. The cooperative posted 2.8%increase in net sales to$3.6bn ...
Tags: net earnings, cooperative, net sales, feed business, crop business
US packaged foods company ConAgra Foods has reported a net loss of$86.2m for the fiscal 2012 fourth quarter ended 27 May 2012,compared to a net profit of$250.1m in the previous year,owing to charges with regard to a change in accounting ...
Tags: net profit, revenue, price
Sweden-based food packaging and processing company Tetra Pak is all set to unveil new smart milk cartons that will change colour when left out of the fridge for too long. The cartons serve as an example of improvements in the $400bn ...
Tags: Tetra Pak, smart milk cartons, packaging
Albany International Corp., a global advanced textiles and materials processing company with core businesses in machine clothing and engineered composites, reported Q3 2012 income from continuing operations of $9.1 million ($0.29 per ...
Containerboard and corrugated packaging products producer Packaging Corporation of America (PCA) has reported a rise in net income for the third quarter of 2012 at $53m compared to $43m in third quarter of 2011. Net sales during the ...
Tags: Net Income, price increases, earnings
Huhtam ki Oyj's Indian subsidiary, Paper Products has acquired 51% of the shares in Webtech Labels Private, which manufactures pressure sensitive labels to pharmaceutical customers, for about €7m. According to the Finland-based ...
Tags: Paper Products, pressure sensitive labels, foodservice
Sealed Air has announced that the company’s Protective Packaging segment sales decreased 3% on a reported basis or increased 1% on a constant dollar basis with slightly higher volumes and relatively steady price/mix performance ...
Tags: Protective Packaging, food packaging solutions, e-commerce applications
Genesco Inc.reported third quarter of Fiscal 2013 results. Net sales for the third quarter of Fiscal 2013 increased 7.8%to$664.5 million from$616.5 million in the third quarter of Fiscal 2012.Comparable store sales in the third quarter of ...