NewsRoom Articles - Page 927 of 931

WednesdayAug 03, 2016 9:58 am

AstraZeneca (AZN) and Chi-Med Amend Agreement Regarding Savolitinib

AstraZeneca (NYSE: AZN) and Hutchison China MediTech Limited (NASDAQ: HCM), also known as Chi-Med, have announced the amending of a 2011 global licensing and commercialization agreement regarding savolitinib in order to increase its global development. In addition to increasing the global development, Chi-Med will be able to have more involvement in the project. With this in mind, savolitinib’s worldwide expansion will help with a number of Met-driven tumors, such as specific types of lung cancer, colorectal, gastric and kidney cancers. With the phase II open-label global PRCC results from savolitinib recently finished and being presented at a scientific meeting, Chi-Med…

WednesdayAug 03, 2016 9:40 am

Travelport (TVPT) Ties the Knot Tighter with Expedia (EXPE)

On Monday, August 1, 2016, Travelport (NYSE: TVPT) announced an expanded partnership with Expedia, Inc. (NASDAQ: EXPE) under which Expedia will extend its use of Travelport's Travel Commerce Platform in Europe. Two years ago, Travelport joined forces with Expedia in a joint venture with Majid Al Futtaim Finance, a leader in credit card and prepaid services in the United Arab Emirates (UAE), to launch the UAE’s largest online travel rewards scheme, Najm Voyager Rewards. Announcing the deal, Steve Jarvis, Vice President, Strategy & Business Development at Expedia, Inc., said: "Expedia's commitment is to be the very best place to shop…

TuesdayAug 02, 2016 1:42 pm

Singlepoint, Inc. (SING) Announces Initiative Designed to Capitalize on Pokémon Go Phenomenon

Before the opening bell, Singlepoint, Inc. (OTC: SING) announced plans to cash in on the Pokémon Go craze by developing a mobile app designed to bring like-minded players together. The company has already initiated discussions with programmers under contract to create a new app that will reward users for performing a number of geo-targeted actions while playing Pokémon Go. Additionally, Singlepoint’s companion app will look to increase the social interactions among gamers by introducing a comprehensive messaging platform that enables communication through global, team and friend-based channels. By combining these complementary features, Singlepoint aims to take advantage of the current…

TuesdayAug 02, 2016 1:40 pm

Qualcomm (QCOM) and OPPO Enter New 3G/4G Patent License Agreement in China

Recently, Qualcomm, Inc. (NASDAQ: QCOM) and OPPO Mobile Telecommunications Corp. Ltd. announced their entry into a new 3G and 4G Chinese patent license agreement (http://nnw.fm/5R6ih). OPPO now has a royalty patent license to design, produce, and sell 3G and 4G, including 3-mode complete terminals. OPPO will be responsible for paying the royalties, as was determined by the terms of the rectification plan that China’s National Development and Reform Commission received from Qualcomm. This new agreement was put in place to bring to light Qualcomm’s continuous efforts to improve collection of technology licenses in China. The agreement will also give OPPO…

MondayAug 01, 2016 4:11 pm

Highpower International, Inc. (HPJ) Ships Portable Power Stations to Fry’s Electronics Ahead of Planned September Launch

In a recent news release, Highpower International, Inc. (NASDAQ: HPJ) announced the shipment of its portable power station (PPS) products to Fry’s Electronics, an American retailer of software, consumer electronics, household appliances and computer hardware. The products are expected to be available for sale at select stores in the United States as early as September of this year. For Highpower, this shipment marks the culmination of more than two years of development for its PPS product line. According to George Pan, the company’s chief executive officer, Highpower has completed thorough testing and experimentation with its products “under a wide variety…

MondayAug 01, 2016 2:11 pm

Bank of Hope (HOPE) formed from Merger of BBCN Bancorp and Wilshire Bancorp

On Friday July 29, 2016, BBCN Bancorp, Inc. and Wilshire Bancorp, Inc. announced they had completed a merger of equals to take effect at the end of the business day. The new entity is expected to enjoy considerable cost savings from branch closures since, as separate entities, they have dozens of outlets in close proximity. Before the merger, BBCN and Wilshire were the two largest Korean-American banks operating in the U.S. The holding company for the combined entity will operate under the name Hope Bancorp, Inc. (NASDAQ: HOPE). Announcing the merger, Kevin S. Kim, president and chief executive officer of…

FridayJul 29, 2016 2:15 pm

eXp World Holdings, Inc. (EXPI) Adds Russ Cofano to Management Team

Earlier today, eXp World Holdings, Inc. (OTCQB: EXPI) announced the addition of industry veteran Russ Cofano to its management team. Cofano will serve as EXPI’s chief strategy officer and general counsel moving forward. “I have been looking for ‘the next great opportunity’ within the industry, and I’m certain that I’ve found that opportunity at eXp,” Cofano stated in this morning’s news release. “Unlike other new entrants, eXp is redefining the brokerage model of the future from within. Glenn Sanford has assembled a fantastic team and I’m excited to join them and use my various industry experiences to help the company…

FridayJul 29, 2016 2:14 pm

Scientific Games (SGMS) to provide Chukchansi Gold Resort & Casino with Promotional Kiosk and SG Universe

On July 26, 2016, Scientific Games Corporation (NASDAQ: SGMS) announced that it will be supplying its Promotional Kiosk and mobile business-to-business SG Universe solutions to Chukchansi Gold Resort & Casino (“Chukchansi”). Chukchansi is owned and operated by the Picayune Rancheria of Chukchansi Indians, a federally-recognized tribe of indigenous people in California, and is located in Coarsegold, a small community between Fresno and Yosemite National Park. Announcing the deal, Deann Kamalani, director of marketing at Chukchansi, declared: "Scientific Games has been a terrific partner to Chukchansi, and we're confident that Promotional Kiosk will streamline customer service and give us another marketing…

FridayJul 29, 2016 2:04 pm

Tecogen (TGEN) Gains Two New Projects from National Mechanical Services

Tecogen, Inc. (NASDAQ: TGEN) recently announced the award of two additional projects from National Mechanical Services, bringing the value of their total relationship to over $1.5 million. The first project is the installation of two new CM-75 KW units for a 454-unit residential building for families in Yonkers, NY. The second project is a state-of-the-art InVerde e+100 KW unit for a student housing building made up of 14 stories near Central Park in New York City. Both of these projects are designed to provide heating and cooling systems that use advanced clean energy technology in order to minimize the impact…

ThursdayJul 28, 2016 1:39 pm

International Stem Cell Corp. (ISCO) Announces Successful Intracranial Cell Transplantation in Phase I Clinical Study of ISC-hpNSC

Before the opening bell, International Stem Cell Corp. (OTCQB: ISCO) announced that the first patient in its ongoing phase I clinical trial of human parthenogenetic neural stem cells (ISC-hpNSC) for the treatment of moderate to severe Parkinson’s disease has undergone a successful intracranial transplant of ISC-hpNSC at the Royal Melbourne Hospital in Australia. This milestone marks a major step toward the completion of the dose escalation safety and preliminary efficacy study, which will evaluate three different dose regimens of ISC-hpNSC in a total of 12 participants over the coming months. “This is a major step forward in our search for…