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Co announces that the New Drug Application for the investigational product POSIDUR has been accepted by the FDA indicating that the application is sufficiently complete to permit a substantive review. POSIDUR is a post-operative pain relief depot that utilizes DURECT's patented SABER technology to deliver bupivacaine and is designed to provide up to three days of pain relief after surgery. DURECT ...

In the world of charitable giving, your alma mater may be faring better than your maker. While Americans are becoming more giving, a new study finds that fewer and fewer of their donations are going to houses of worship.

Co announced an order with Airbus for new A350-1000 aircraft. The agreement converts United's existing order for 25 A350-900s into A350-1000s and adds 10 firm orders for A350-1000s, giving the airline a total order of 35 aircraft. The increased seating capacity of the A350-1000 will enable United to replace older, less efficient aircraft currently serving long-range, high-demand markets. United ex...

Co announced the issuance of U.S. Patent No. 8,461,157, which claims methods of treating human diseases or disorders mediated by one or more of phosphoinositide 3-kinase, mammalian target of rapamycin and histone deacetylase proteins, using compounds from a genus of small molecules with dual inhibitory properties, including but not limited to CUDC-907, a proprietary clinical stage dual inhibitor o...

IMAX and CineStar Cinemas, Germany's largest exhibitor and a subsidiary of Amalgamated Holdings, Australia's leading entertainment and hospitality company, announce a revenue-sharing agreement for an IMAX theatre in Germany to be added to the landmark CineStar Sony Centre multiplex at Potsdamer Platz in the heart of Berlin.Under the terms of the agreement, the new IMAX theatre at the CineStar Sony...

Co announced it has taken advantage of the very favorable interest rate environment to secure a new $25 mln, seven year term debt facility. The company plans to execute interest rate swaps to achieve a fixed interest rate, which it estimates will be in the 3.7 to 3.9 percent range given current market rates, on a majority of the term facility's principal amount. In addition, the company has extend...

Good beach reading doesn't have to be fiction. There are plenty of page-turners to be found in the finance aisle.

Second-act advisers bring more to the table than just knowledge and experience from their previous professions.

LONDON (MarketWatch) -- The euro-zone downturn eased in June, with the manufacturing sector contracting at the slowest pace in 16 months, data from Markit showed on Thursday. The preliminary manufacturing purchasing managers' index for the euro zone rose to 48.7 from 48.3 in May, beating expectations of a 48.4 reading. A reading below 50 signals contraction. The composite output PMI reading climbed to a 15-month high of 48.9 from 47.7 in May, the data showed. The services PMI for the region rose to 48.6, the best reading since March last year. On a country-specific basis, France's manufacturing PMI jumped to a 16-month high of 48.3, while the reading for Germany slipped to the lowest level in two months. "The flash PMI indicates that the euro zone contracted again in June, rounding off another weak quarter, but there are reassuring signs that the downturn is continuing to ease," said Chris Williamson, chief economist at Markit, in a note.

Amdocs (DOX) announced that XL Axiata, an Indonesian mobile service provider, has deployed the Amdocs Mobile Payments solution to enable direct carrier billing for leading app stores. Mattson Technology (MTSN) has shipped multiple systems of its Helios XP rapid thermal processing system for use in mass production at a major foundry. Integrated Device Technology (IDTI) announced a low-noise timi...