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The Janssen Pharmaceutical Companies of Johnson & Johnson today announced that the Committee for Medicinal Products for Human Use (CHMP) of the Eu
The company is selling the business to an affiliate of the Jordan Co., it said Thursday. It said expects the deal to close by the end of this year.
Lenders to Equinox, the high-end gym operator, have hired advisers for restructuring talks with the company as the coronavirus pandemic continues to curtail the fitness sector.
Leonard Green & Partners plans to acquire Service Logic from Warburg Pincus, which reportedly began exploring a sale of the business early this year, just as the coronavirus pandemic began to flower.
Loop Industries denied accusations by short seller Hindenburg Research that the company lied about its recyclable-plastic technology.

Penn Real Estate Avoids Bankruptcy

01:15am, Thursday, 15'th Oct 2020
The Philadelphia company said it had obtained the necessary support to push back its debt maturities schedule. Its bank lenders have also agreed to lend PREIT $150 million in new capital.
Mallinckrodt PLC said Wednesday it aims to broaden support for a proposed bankruptcy restructuring and $1.6 billion settlement of opioid-related litigation, while representatives for some counties, tr

Aussie Double Whammy: Rate Cuts And Risk Off

12:00am, Thursday, 15'th Oct 2020
Forex Analysis by Boris Schlossberg covering: AUD/USD, XAU/USD, DAX, Nikkei 225. Read Boris Schlossberg's latest article on Investing.com
Cash has become key for airlines trying to make it through the most severe challenge in memory, with demand for travel languishing and little revenue coming in.
The layoffs come as the parent bank looks to cut costs in a difficult interest-rate environment for banks.
Business Insider parent Insider is nearing a deal to acquire a controlling stake in Morning Brew, a news startup known for a popular email newsletter on business and finance, according to people famil

Invesco to Launch Four New Nasdaq Funds

10:45pm, Tuesday, 13'th Oct 2020
The new funds piggyback on the asset manager’s successful QQQ Trust, which tracks the 100 largest nonfinancial companies listed on the Nasdaq Stock Exchange.
Emerging currencies set for biggest underperformance in more than a decade
The growth investor’s latest fund will try to profit from market dislocations caused by the coronavirus pandemic.
Investors sued Boardriders, the company behind the Quiksilver and Billabong brands, over a $431 million rescue financing package they said elevated the interests of a select group of lenders and priva
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