Benihana Inc. needs to persuade potential acquirers that revived profits and sales at its Japanese-themed eateries are enough to justify the most expensive U.S. restaurant takeover in almost five years.
BioLineRx Ltd., the Israeli drugmaker that last reported a profit in 2010, expects revenue from royalty payments to grow next year on prospects for drug approvals, according to Chief Executive Officer Kinneret Savitsky.
Micromet Inc. , a 17-year-old biotechnology company with no medicines on the market, is attracting attention from product-hungry drugmakers. The lure: a technology for fighting cancer without using toxic chemicals.
Investors are betting Responsys Inc. and Constant Contact Inc. will be the next targets for companies seeking to beef up their online-marketing technology after Salesforce.com Inc.’s $2.5 billion purchase of ExactTarget Inc.
New Oriental Education & Technology Group Inc. rose the most since July in New York as a buyout offer for Chinese tutoring firm Ambow Education Holding Ltd. fueled speculation the bigger company may also be targeted.
Chinese stocks listed in the U.S. fell, pulling the benchmark index down from a one-week high, on concern growth in the world’s second-largest economy may slow as a lingering European debt crisis reduces exports.