Global News

Mondelez International Prices Note Offers at Collective $3.75 Bln

Mondelez International (MDLZ) subsidiary, Mondelez International Holdings Netherlands, priced an offer of $3.75 billion in aggregate principal notes, with the expected close date of Oct. 28, the company said in a filing with the U.S. Securities and Exchange Commission. The maker of Oreo’s said the aggregate principal amounts for floatingRead More

Allergan to License UroGen Pharma’s RTGel Drug Delivery System For $17.5 Mln Upfront Payment & Milestones

Allergan (AGN) sealed a deal with Israeli-based UroGen Pharma to license worldwide rights to UroGen’s RTGel drug delivery system technology, UroGen reported pre-market Friday. Under the agreement, Allergan agreed to make a $17.5 million upfront payment to UroGen as well as potential development and commercial milestones and royalties on netRead More

Oil Prices Marginally Higher, WTI Flirts with $51 Per Barrel

West Texas Intermediate (WTI) crude oil futures for delivery in November were 0.2% higher at $50.87 per barrel during Wednesday’s pre-market trading session while Brent oil futures for delivery in December were 0.1% higher at $52.48 per barrel. The pre-bell price advances come ahead of the release of minutes fromRead More

Asian ADRs Move Lower in Tuesday Trading

American depository receipts of Asian stocks were trading 0.52% lower at 146.81 on the Bank of New York Mellon Asia ADR Index on Tuesday. In North Asia, gainers were led by telecommunications company China Unicom (CHU), which rose 2%, followed by hotel operator China Lodging (HTHT), and Chinese search engineRead More

Oil Prices Surge on Fifth Straight Week of Falling Inventories

Oil prices rose to multi-month highs on Wednesday after government data showed that US inventories of oil contracted for the fifth consecutive week last week. West Texas Intermediate (WTI) crude oil, the main US oil benchmark, was 2.2% higher at $49.77 per barrel while Brent crude, the international benchmark, wasRead More