AbbVie Inc. (ABBV) on Monday said it has submitted an application to the U.S. Food and Drug Administration seeking approval for a subcutaneous induction regimen of SKYRIZI for adults with moderately to severely active Crohn's disease. The filing is backed by positive Phase 3 AFFIRM study results,...
Thermo Fisher Scientific Inc. (TMO), on Monday, announced that it has signed a definitive agreement to sell its microbiology business to Astorg. The transaction is approximately $1.075 billion, consisting of cash and a $50 million seller note. The deal is expected to close in the second half of...
Alterity Therapeutics Limited (ATHE) on Monday said it received positive feedback from the U.S. Food and Drug Administration following a Type C meeting regarding its planned Phase 3 program for ATH434 in Multiple System Atrophy (MSA). MSA is a rare neurodegenerative disease with no approved disease-modifying...
United Airlines (UAL) issued a statement from CEO Scott Kirby regarding potential merger between United Airlines and American Airlines. He said American's public comments make it clear that a merger like this is off the table for the foreseeable future. "I approached American about exploring a combination....
Martin Marietta Materials, Inc.(MLM), a supplier of aggregates and other building materials, said on Monday that it has appointed Chris Samborski as chief operating officer with effect from May 1. Most recently, Samborski has served as the president of Martin Marietta's West and Specialties Divisions....
HBT Financial, Inc. (HBT), on Monday reported lower net income in the first quarter compared with the previous year despite higher sales. The decline is due to impacts like the CNB acquisition and AOCI movement. For the first quarter, net income declined to $11.20 million from $19.08 million in the...
Eli Lilly and Company (LLY), Monday announced a deal with Ajax Therapeutics, Inc., agreeing to acquire the company along with its lead asset, AJ1-11095, an investigational, once-daily oral, first-in-class Type II JAK2 inhibitor currently being evaluated in patients with myelofibrosis. As per the deal,...
ON Semiconductor Corp. (ON), on Monday, announced an expanded strategic collaboration with NIO Inc. (NIO) to advance next-generation electric vehicle platforms. The company said the partnership will support NIO's transition from 400V to 900V architectures using onsemi's EliteSiC enhanced M3e technology. The...
Harworth Group plc (HWG.L), a regeneration, strategic land and development business, announced Monday that Microsoft Corp.'s (MSFT) MSFT MCIO Limited secured a resolution to grant planning consent from Leeds local planning committee for a hyperscale data centre and industrial space at Skelton Grange. The...
Sun Pharmaceutical Industries Limited (SUNPHARMA, 524715), a major Indian pharma company, said on Monday that it has inked a deal to buy Organon & Co.(OGN) for $14 per share in cash with an enterprise value of $11.75 billion. Kirti Ganorkar, Managing Director of Sun Pharma, said: "This transaction...
Hitachi (6501.T) reported that fiscal 2025 net income attributable to stockholders increased to 802.4 billion yen from 615.7 billion yen, prior year. Earnings per share was 176.63 yen compared to 133.72 yen. Adjusted operating income increased to 1.2 trillion yen from 971.6 billion yen. For fiscal...
Chemical Industries (Far East) Limited (C05.SI) said it expects significantly narrower losses for financial year 2026 versus 2025, mainly reflecting cost savings. The company attributed the expected improvement to rightsizing of organization mainly with headcounts reductions and lower costs across...
CapitaLand Ascott Trust (ATTRF, HMN.SI) reported Monday that its first-quarter RevPAU increased 1 percent year-over-year, excluding The Cavendish London or TCL, which is closed for renovation, as well as acquisitions and divestments in 2025. RevPAU grew 7 percent in Australia from last year and 2...
AstraZeneca (AZN, AZN.L, ZEG.DE, AZN.ST) said its Saphnelo has been approved in the US for self-administration as a once-weekly autoinjector, the Saphnelo Pen, for the treatment of adult patients with systemic lupus erythematosus on top of standard therapy. The approval was based on results from the...
Apollo Global Management, Inc. (APO) on Monday said Apollo-managed funds have agreed to acquire the Interiors Business Group of Forvia SE in a carve-out transaction. The Interiors Business is a supplier of automotive interior systems, including instrument panels, door panels, and center consoles,...
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.