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WASHINGTON-- Massachusetts Secretary of State William Galvin is offering training to investors in anticipation of new federal rules on so-called "crowdfunding." In July, Galvin formed a new investigative unit to monitor crowdfunding websites that use the Internet to solicit a large number of smaller investors.
YAVNE, Israel, Nov 26- German healthcare group Merck KGaA is looking for acquisitions and collaborations with start-ups to grow its drugs business in the United States, a senior Merck official said.
Shares of Merrimack Pharmaceuticals Inc. jumped Tuesday before markets opened and after the cancer drug developer said it could receive up to $15.5 million through a collaboration with Actavis Plc. Under the deal, Merrimack will develop and make products for Dublin- based Actavis to sell globally.
The Massachusetts Senate approved a stand-alone bill last week that would raise the minimum wage to $11 per hour by 2016 and index future increases to inflation.
NEW YORK, Nov 25- Debate over when the Federal Reserve could trim its bond purchases monopolized market talk this year, but as a new Fed chief takes charge, more participants believe the key theme to emphasize for 2014 is low rates for longer.
NEW YORK-- TJX Cos. is hoping to stand out with a different twist on customer service. The experts include Michelle Madhok, gift expert and founder of shefinds.com, and style expert Mercedes Sanchez of BeChicMag.com. "We thought it would be a really great way to help out consumers," said Laura McDowell, a spokeswoman at TJX Cos.
Although Jos. A. Bank Clothiers Inc walked away from a deal earlier this month after Men's Wearhouse board rebuffed its $48- a-share offer, and prevented it from conducting due diligence, the suitor's language that it still felt a deal was in the best interest of shareholders for both companies has resonated with investors.
Cubist Pharmaceuticals Inc. shares jumped Monday after the company said that a study of its drug for treatment of complicated urinary tract infections met its goal of showing that it works as well as existing antibiotic, levofloxacin. Shares jumped 8 percent to $70.76 by midmorning.
Nov 25- Cubist Pharmaceuticals Inc said its experimental treatment for a type of urinary tract infection showed it was as effective as an approved antibiotic, sending its shares up 8 percent to a 13- year high.
WASHINGTON, Nov 25- Democratic Commissioner Cheryl LaFleur has been named acting chairwoman of the U.S. Federal Energy Regulatory Commission, the agency said on Monday. In recent years it has instigated high-profile investigations against major banks, including JP Morgan Chase& Co and Barclays PLC for energy market manipulation and false reporting.
Nov 25- When Aimee Brittain's team hits the stores in a commando-like fashion on Thanksgiving night in search of Black Friday deals, they'll stand out from the crowd in their matching bright blue shirts.
CAMBRIDGE, Mass.-- The 2013 John F. Kennedy New Frontier Awards will be presented to a leader on veterans' issues and the founder of an online charity.
Nov 25- Shoppers who want to avoid long lines to nab a deal during Black Friday can download new apps that will let them shop for bargains from the comfort of their home.
NEW YORK, Nov 22- Bond investors have had little reason to cheer in 2013. Conflicting signals from the Federal Reserve and uncertainty about the global economy have made debt markets a tough place to rack up returns.
CANTON, Mass.-- NEWS: Destination XL Group Inc., a big and tall men's clothing retailer, on Friday reported a larger third-quarter loss due to new initiative costs and store closures but came in ahead of market expectations, sending its shares up.
-Vince Holding Corp., formerly known as Apparel Holding Corp., priced its offering of 10 million shares at $20 each, raising $200 million. Its shares are listed on the New York Stock Exchange under the symbol "VNCE".
NEW YORK-- Ariad Pharmaceuticals said Friday that advisers to European Union regulators think its cancer drug Iclusig should stay on the market despite the blood clot risks that resulted in the drug being taken off the market in the U.S.
WASHINGTON-- Shares of Biogen Idec jumped to an all-time high Friday morning after the company said European regulators have determined its new multiple sclerosis is a novel drug, granting it 10 years of market exclusivity in the European Union.
WASHINGTON-- The number of homeless people in the U.S. declined for a third straight year, helped by sharp dropoffs in veteran and chronic homelessness, according to a government survey released Thursday. That was down from 633,782, or a 4 percent drop from the previous year, according to the survey by the Housing and Urban Development Department.
NEW YORK, Nov 21- A top lieutenant at Steven A. Cohen's SAC Capital Advisors will leave the hedge fund in the new year as the once $15 billion firm converts to a family office, according to a memo sent to employees and seen by Reuters. Sol Kumin, the firm's chief operating officer, will leave SAC in January, the memo from Cohen said.