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Hedgie Warns "Big Shake-Out Looms" After Banking $480 Million On Biotech Buyout

Steve Elms of Aisling Capital made a huge score on one of the biggest deals of his career: Eli Lilly's purchase of Loxo Oncology, Inc.  Elms is chairman of the board of L.....»»

Category: blogSource: zerohedgeJan 12th, 2019

This cancer-fighting biotech sped from startup to IPO filing in 10 months

The team that took Kite Pharma from a startup re-engineering a patient's own cells to fight cancer to a $12 billion buyout now is seeking a $100 million initial public offering for the South San Francisco company it launched only 10 months ago. Arie B.....»»

Category: topSource: bizjournalsSep 17th, 2018

What Shake Shack founder Danny Meyer’s $15 million investment in this restaurant chain says about the future of fast food

Grabbing meals on the go doesn’t mean burgers and fries anymore......»»

Category: topSource: marketwatchApr 15th, 2019

Banking newbies set to shake up Asia’s finances

In Asia, it’s the region’s biggest tech giants that are challenging high street banks, to a degree not seen in Europe or the United States. Michelle Hennessy reports......»»

Category: videoSource: reutersApr 15th, 2019

"Shazam!" bests newcomers with $25.1M second weekend

A quartet of newcomers in movie theaters couldn't shake "Shazam!" from the top spot, as the superhero comedy led the box office for the second straight weekend with an estimated $25.1 million in ticket sales......»»

Category: topSource: foxnewsApr 14th, 2019

Robots are set to wipe out the hottest jobs on Wall Street

The financial services industry is a popular place for job seekers, but artificial intelligence could wipe away a million banking jobs......»»

Category: topSource: moneycentralApr 12th, 2019

Robots are set to wipe out the hottest jobs on Wall Street

The financial services industry is a popular place for job seekers, but artificial intelligence could wipe away a million banking jobs......»»

Category: topSource: moneycentralApr 12th, 2019

Lone Star emerges as frontrunner in Saint-Gobain auction: sources

U.S. buyout firm Lone Star has emerged as the frontrunner to buy the German building materials business of France's Saint-Gobain in a deal valued at up to 400 million euros ($450 million), four sources familiar with the matter said......»»

Category: topSource: reutersApr 12th, 2019

Global Brass & Copper"s stock rockets to record high after $963 million buyout deal

Shares of Global Brass & Copper Holdings Inc. shot .....»»

Category: topSource: marketwatchApr 10th, 2019

Unusual already, Cass Commercial adds yet another banking niche

Cass Commercial Bank is launching an equipment finance division, has hired an expert to lead it, and projects $100 million in lease and loan volume in the first three years......»»

Category: topSource: bizjournalsApr 8th, 2019

Cresco Labs to buy Origin House for equivalent of $823.5 million, in largest-ever U.S. cannabis buyout deal

Creso Labs Inc. announced Monday a deal to buy Origin House, the registered business name for Canada-based CannaRoyalty Corp. , in a deal valued at C$1.1 billion, or the equivalent of $823.5 million. Under terms of th.....»»

Category: topSource: marketwatchApr 1st, 2019

TUI warns on profit after 737 MAX grounding, shares plunge

TUI warned its profit would fall by at least 200 million euros ($225 million) this year after the grounding of Boeing's 737 MAX aircraft, further evidence of the financial impact of two fatal crashes involving the same type of plane......»»

Category: topSource: reutersMar 29th, 2019

Tour operator Tui warns on profit after 737 MAX grounding

Tour operator Tui AG on Friday warned it would take a 200 million euro ($225 million) profit hit in 2019 due to the grounding of Boeing's 737 MAX aircrafts in the wake of two deadly crashes of the model......»»

Category: topSource: reutersMar 29th, 2019

Gildan warns of earnings hit from distributor"s liquidation, stock drops

Gildan Activewear Inc. shares dropped more than 2% in after-hours trading Tuesday, after the company revealed that it will write off a debt from a distributor that is expected to be liquidated. Gildan said a trade receivable of $19 million to $23 milli.....»»

Category: topSource: marketwatchMar 26th, 2019

Amid talk of buyout, Peninsula biotech zeroes in on its blood-thinner antidote

The company is focusing on its antidote to a class of blood-thinning drugs, its new CEO said......»»

Category: topSource: bizjournalsMar 26th, 2019

Tampa biotech firm expects $12.5M from public stock offering

Oragenics Inc. (NYSE MKT: OGEN), a Tampa biotech firm, expects approximately $12.5 million in gross profit after it recently closed out its public offering of more than 16 million shares of common stock. The firm, which develops new antibiotics again.....»»

Category: topSource: bizjournalsMar 26th, 2019

Trump foe Avenatti charged with trying to extort $20 million from Nike

Attorney Michael Avenatti, who represented adult film star Stormy Daniels in her legal battles with U.S. President Donald Trump, was charged on Monday with what prosecutors said was an attempt to "shake down" Nike Inc for over $20 million......»»

Category: topSource: reutersMar 25th, 2019

Trump foe Michael Avenatti sought to extort $20 million from Nike: prosecutors

Attorney Michael Avenatti, who represented adult film star Stormy Daniels in her legal battles with U.S. President Donald Trump, was charged on Monday with what prosecutors said was an attempt to "shake down" Nike Inc for over $20 million......»»

Category: topSource: reutersMar 25th, 2019

Trump critic Michael Avenatti arrested in $20 million Nike "shakedown": prosecutors

Michael Avenatti, the lawyer who represented adult film star Stormy Daniels in her legal battles with U.S. President Donald Trump, was charged Monday with extortion in what prosecutors called an attempt to "shake down" Nike Inc for over $20 million......»»

Category: topSource: reutersMar 25th, 2019

Trump critic Michael Avenatti arrested in $20 million Nike "shake down": prosecutors

Mi.....»»

Category: topSource: reutersMar 25th, 2019

200 Million People At Risk: National Weather Service Warns Worse To Come In Apocalyptic Midwest Floods

Authored by Michael Snyder via The End of The American Dream blog, The flooding that just struck the middle part of the country wa.....»»

Category: blogSource: zerohedgeMar 25th, 2019