LONDON, May 30 The Wellcome Trust medical charity is to profit from U.S. approval of a new diagnostic cancer test, the first commercial product funded by the organisation since the sale of its pharmaceuticals business to Glaxo in 1995.
* Proxy access proposal passes at old republic annual shareowner meeting
May 27 Hedge fund Tourbillon Capital Partners LP is urging organic food company SunOpta Inc. to sell itself to a bigger rival, according to a letter sent to the company on Friday.
* Newhouse Broadcasting Corp reports 13.0 percent stake in Charter Communications Inc as of May 17 - SEC filingSource text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)
May 27 The following financial services industry appointments were announced on Friday. To inform us of other job changes, email firstname.lastname@example.org.
May 27 Federated Investors Inc will pay a $1.5 million fine to settle U.S. Securities and Exchange Commission charges that it failed to properly monitor whether outside consultants it employed might have misused potential market-moving information.
May 27 Jeffrey Gundlach, the CEO of DoubleLine Capital, said Friday that Federal Reserve chair Janet Yellen's remarks that a rate hike would be appropriate in coming months "doesn't suggest" a hike in June.
* Sofinnova Venture Partners reports 9.1 pct stake in Merus as of may 19 - sec filing Source text: http://1.usa.gov/1VlVkSQ Further company coverage: (Bengaluru Newsroom +91 80 6749-1130; within U.S. +1 646 223 8780)
May 27 Hedge fund firm Tourbillon Capital Partners LP has sent a letter to SunOpta Inc, urging that the Canadian food company be sold to increase shareholder value, according to a regulatory filing on Friday.
BRUSSELS, May 27 The following are mergers under review by the European Commission and a brief guide to the EU merger process:
Martin Shkreli, the “Pharma Bro” who gained infamy after he hiked the cost of a lifesaving drug by 5,000 percent last year, made a bit of a surprise presidential endorsement late last night on Twitter.