• Why Bristol-Myers Squibb just made a $1.85 billion bet on a cancer drug

    6 days ago - By Business Insider

    Bristol-Myers Squibb is paying Nektar Therapeutics $1.85 billion for a promising cancer drug.
    As part of the deal, $1 billion of that cash is upfront in exchange for 35% of the global profits for the drug, known as NKTR-214.
    NKTR-214 is a kind of cancer immunotherapy treatment known as an interleukin-2 agonist, and the hope is to use it in combination with other treatments to boost the body's immune reaction to cancer.
    Bristol-Myers Squibb is making a billion-dollar bet on an experimental cancer drug that goes after the body's immune system.
    The drug, NKTR-214, is being developed by Nektar...
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  • Why Bristol-Myers Squibb just made a $1.85 billion bet on a cancer drug

    Why Bristol-Myers Squibb just made a $1.85 billion bet on a cancer drug

    6 days ago - By Business Insider

    Bristol-Myers Squibb is paying Nektar Therapeutics $1.85 billion for a promising cancer drug.
    As part of the deal, $1 billion of that cash is upfront in exchange for 35% of the global profits for the drug, known as NKTR-214.
    NKTR-214 is a kind of cancer immunotherapy treatment known as an interleukin-2 agonist, and the hope is to use it in combination with other treatments to boost the body's immune reaction to cancer.
    Bristol-Myers Squibb is making a billion-dollar bet on an experimental cancer drug that goes after the body's immune system.
    The drug, NKTR-214, is being developed by Nektar...
    Read more ...

     

  • Delta Air Lines employees are getting another $1.1 billion reward

    Delta Air Lines employees are getting another $1.1 billion reward

    6 days ago - By Business Insider

    Delta Air Lines announced that its 80,000 employees will receive $1.1 billion in profit sharing.
    Over the past 5 years, Delta employees have earned more than $5 billion in profit sharing.
    In January, Delta reported $3.6 billion in total profits for 2017
    For the fourth year in a row, Delta Air Lines employees have earned more than $1 billion in profit sharing. The Atlanta-based airline announced on Wednesday that its 80,000 employees will receive $1.1 billion for their exemplary work in 2017.
    "This is the fourth year in a row that Delta's profit sharing has topped $1 billion - a milestone...
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  • Danone to Sell Stake in Japan's Yakult for $1.8 Billion

    Danone to Sell Stake in Japan's Yakult for $1.8 Billion

    6 days ago - By Fortune

    Danone is selling about $1.8 billion worth of shares in Japan's Yakult Honsha Co. as an activist investor pushes the world's largest yogurt maker to boost its returns.
    The move pares back an investment the French company has held for more than a decade, reducing its stake in Yakult to about 7 percent from 21 percent. Danone will remain the largest shareholder.
    Activist fund Corvex Management six months ago built up a stake in the maker of Activia yogurt and Evian water, as European consumer-goods companies come under pressure to boost profit amid slow growth in mainstream brands. Danone...
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  • Delta Air Lines employees are getting another $1.1 billion reward

    Delta Air Lines employees are getting another $1.1 billion reward

    6 days ago - By Business Insider

    Delta Air Lines announced that its 80,000 employees will receive $1.1 billion in profit sharing.
    Over the past 5 years, Delta employees have earned more than $5 billion in profit sharing.
    In January, Delta reported $3.6 billion in total profits for 2017
    For the fourth year in a row, Delta Air Lines employees have earned more than $1 billion in profit sharing. The Atlanta-based airline announced on Wednesday that its 80,000 employees will receive $1.1 billion for their exemplary work in 2017.
    "This is the fourth year in a row that Delta's profit sharing has topped $1 billion - a milestone...
    Read more ...

     

  • Delta hits 'milestone' with another $1 billion in profit-sharing to employees

    Delta hits 'milestone' with another $1 billion in profit-sharing to employees

    6 days ago - By Biz Journals

    Delta Air Lines Inc. believes it has given back to its employees at an unprecedented pace, after paying out more than $1 billion in profit-sharing for the fourth year in a row.
    The Atlanta-based airline announced Tuesday that Delta's 80,000 employees earned a $1.1 billion payout for "delivering record-breaking operational and customer satisfaction performance as well as strong financial performance." The company's $1.5 billion worth of profit-sharing in 2016 was a company record.
    Delta...
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