Flowserve Corp. (FLS | Quote | Chart | News | PowerRating),
an Irving, Texas-based industrial flow management equipment manufacturer,
announced financial results for fiscal year 2005, reporting a fall in earnings
due to losses on discontinued operations, despite a 7% increase in revenues (full
story).
Provider of Travel and residential real estate services
Cendant Corporation (CD | Quote | Chart | News | PowerRating) on Friday,
revealed a definitive agreement to sell its travel distribution services
subsidiary Travelport to an affiliate of Blackstone Group for about $4.3 billion
in cash (full
story).
Flowserve (FLS | Quote | Chart | News | PowerRating)
FY05 Earnings From Cont. Ops. Surges 78% On Higher Sales (full
story).
Cephalon Inc. (CEPH | Quote | Chart | News | PowerRating)
announced that it received an approvable letter for FENTORA from the FDA.
Fentora is a fentanyl buccal tablet for the treatment of breakthrough pain in
opioid-tolerant patients with cancer (full
story).
Pharmaceuticals, Inc. (BRL | Quote | Chart | News | PowerRating)
on early Friday revealed that the company has increased its offer to purchase
Croatian generic drug manufacturer PLIVA to about $2.3 billion in cash (full
story).
Celgene Corp. (CELG | Quote | Chart | News | PowerRating)
received approval by the U.S. Food and Drug Administration or FDA of its
Supplemental New Drug Application for an additional indication for Revlimid in
combination with dexamethasone for treatment of multiple myeloma (full
story).
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