CEDC and Russian Standard Enter Alliance

Central European Distribution Corporation & Russian Standard Corporation (via Roust Trading Limited (“Roust Trading”)) form alliance to create a global player in the global spirits market. [Full Details]

Marriott Sells ExecuStay to Oakwood Worldwide

Marriot sells ExecuStay corporate and temporary apartment housing business to privately-held Oakwood World, a provider of corporate housing where residents generally stay for at least 30 days at a time. [Full Details]

Bank of America Hires Carolinian and Georgian Small Business Bankers

Bank of America hires a swathe of small business bankers spread across the Carolina’s, including the State of Georgia, too. BAC suggests this is an effort to provide guidance and counsel to small local business owners. [Full Details]

Broadcom (BRCM) Upgrades Fiber Portfolio with BroadLight Acquisition

Broadcom Corp. will acquire BroadLight, Inc. for its sophisticated networking and fiber IP for about $195 dollars. Broadcom hopes its acquisition will bolster next-generation product offerings. [Full Details]

OriGene Technologies Acquires Beijing Zhongshan Golden Bridge Biotechnology

OriGene scoops up ZsBio, a pathology diagnostics company with more than 25 years of experience in China. The pathology market in China has recently experienced double-digit growth annually in China. [Full Details]

Pharma’s CORT Slips Beneath Range, THLD Holds Ground in Early Trading

Tuesday’s pair of pharmaceutical performers open within range of yesterday’s big run for shareholders. CORT is struggling to remain within its range and dipped early to the underside as THLD holds onto gains garnered yesterday a bit better. [Full Details]