The share price of Samsung and  affliates went up on Monday after the death of Chairman Lee Kun-hee. The Demise of the chariman increase the hopes for stake sales, higher dividend and long awaited restructuring of the company. LEE family has to Pay $8.9 Biilion in inheritancetaxes and how...
Aileron Therapeutics, Inc. (ALRN) signed a common share purchase agreement with Lincoln Park Capital Fund (LPC). The Purchase agreement signed by clinical-stage bio-pharmaceutical company that is discovering and developing novel medicines to improve the outcomes and the quality of life of cancer patients with Chicago-based institutional investor and also its current shareholder...
Arch Resources, Inc. (ARCH) early last week shunned the idea of making a joint venture with Peabody around thermal assets. The decision came after a ruling by the U.S. District Court ordering blockage of the transaction.  Moving forward in an aggressive way through its strategic pivot to excel in...
Twist Bioscience Corporation (TWST) came collaborating with Netflix to store its latest original series in DNA. The move makes the scientific thriller BIOHACKERS first ever series that has been stored on a synthetic DNA. Currently there have been many documents, videos and music encoded and stored in DNA....
NN, Inc. (NNBR) recently came to an agreement of selling its Life Sciences division to American Securities LLC’ affiliated company. The divestment deal is worth $825 million which is likely to be completed before end of this year subject to the fulfillment of customary closing conditions.
Nam Tai Property Inc. (NTP) last week announced the grand opening of Nam Tai Inno Park. The company used its brand launching event of Technology and Industry Development Summit held on September 10, 2020. The event with a motto of "Tech Empowerment • Greater Bay Area" was held at Guangming Community Sports Center. Business partners...
Regulus Therapeutics Inc. (RGLS) recently announced restructuring of a term loan by Oxford LLC. With a condition to pay $10 million against loan principal before April 30, 2021, company will have to pay only the interest for up to seven months. The Principal Paydown Event is subject to be adjusted through proceeds from...
Molina Healthcare, Inc. (MOH) spiked 3.83% in yesterday trading. Announced on Tuesday, the company recently concluded transaction acquiring some assets from Passport Health Plan, Inc. The assets acquired by Molina include assets linked with Passport’s Medicaid business. Medicaid was in contract with Commonwealth of Kentucky. The said contract will be renewed to...