SYDNEY -(MarketWatch)- Newmont Mining Corp. NEM -0.03% is in final talks with two overseas parties on the sale of Australian assets containing more than 1.2 billion metric tons of thermal coal, a person familiar with the matter said Thursday. Newmont hopes to conclude the sale of the undeveloped Felton East/West and Lochbar/Bringalily South tenements in Queensland state’s Clarence-Moreton Basin... 

Medicis Pharmaceutical Corp. MRX -2.54% won a bankruptcy auction bid to acquire Graceway Pharmaceuticals LLC for $455 million, topping another company’s stalking horse bid. Graceway, which filed for Chapter 11 bankruptcy protection in September, is a specialty pharmaceutical company that makes products that treat various dermatological and women’s health conditions. Medicis Chairman and... 

Youku.com Inc.’s YOKU -14.11% third-quarter loss narrowed the Chinese online television company reported its revenue more than doubled. However, American depositary shares fell 16% to $17.26 in recent after-hours trading as the company’s net loss missed analyst expectations. “Internet television is a young and evolving space with tremendous opportunities,” said Chairman and... 

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Arch Coal Inc. ACI -5.14% slashed its full-year adjusted earnings outlook for the second time this year, attributing the lower view mostly on lost metallurgical coal production at the Mountain Laurel mine complex in West Virginia. Shares of the coal company slid 10% to $13.11 in after-hours trading. Arch Coal now sees full-year adjusted earnings of $1 to $1.40 a share, down from the already lowered... 

General Electric Co. GE +0.13% Vice Chairman John Krenicki said Tuesday that prospects are bright for the company’s business of selling natural-gas turbines and gear related to natural-gas exploration, at a time when the energy source is cheap and political uncertainty has hobbled some other segments of the energy sector. “In an environment where public policy is paralyzed, all roads lead... 

SHANGHAI (MarketWatch) — CSR Corp. (1766.HK), which built the two trains involved in the July 23 rail crash, reported an 85% surge in first-half net profit, citing strong revenue growth amid China’s fast-growing high-speed rail transportation market. The biggest train maker by assets in China said Saturday net profit for the six months ended June 30 rose to CNY2.04 billion ($317 million)... 

EL SEGUNDO, CA, Jul 25, 2011 (MARKETWIRE via COMTEX) — Vision Industries Corp. (OTCBB: VIIC) on Friday delivered the world’s first zero-emission hydrogen fuel cell-electric Class 8 truck to Total Transportation Services Inc. (TTSI), a national trucking company that will put the vehicle to test in the ports of Los Angeles and Long Beach. The effort is part of the ports’ Technology... 

MANILA (MarketWatch) — Metro Pacific Investments Corp. said Monday that Morgan Stanley Investment Management Co. nearly doubled its stake in the Philippine investment holding company to 6.5% from 3.3% via several stock purchases between May 11 and July 8. Metro Pacific said Morgan Stanley’s MS -0.24% Singapore-based investment management firm had informed the company that it had bought... 

Biopharmaceutical company Merrimack Pharmaceuticals Inc. said Friday it plans to sell up to an estimated $172.5 million of common stock in an initial public offering, raising funds to study drug candidates and to develop new products. Initially focusing on cancer treatments, Merrimack is working to develop and sell “innovative medicines paired with companion diagnostics for the treatment of serious...