Alexion Pharmaceuticals is spending about $8.4 billion - a huge premium - to buy Synageva BioPharma, a fellow rare disease treatment developer with no products on the market that booked a first-quarter loss of nearly $60 million.
Duke Energy Corp (NYSE:DUK) has requested a judge in Delaware, to put a six-month halt to a shareholder lawsuit faced by the energy company, as it is on the verge of finalizing a multi-million dollar settlement of a criminal case.
LONDON (Reuters) - A worldwide sell-off in government bonds deepened on Wednesday, with the rise in long-term borrowing costs to their highest level this year spreading unease across all assets and putting stock markets under pressure too.
ATHENS, Greece (AP) - With Greece's cash flow problems growing by the day and negotiations with its creditors on the ropes, Athens managed to make a 200 million euro ($222 million) repayment to the International Monetary Fund on Wednesday.
pizzahut gps Pizza Hut app will soon allow customers to track their pizza delivery to their front door. Pizza Hut is unveiling a new app so its customers will never again need to ask: "Where's my pizza?