Royal Philips (PHG, PHGFF.PK, PHIA.AS, PHI1.DE, 1PHIA.MI, PHIA.F), a Dutch health technology company, on Thursday announced a seven-year strategic alliance with WellSpan Health to advance research, innovation, and the deployment of imaging and diagnostic technologies across the health system. The...
Alnylam Pharmaceuticals, Inc. (ALNY) announced partnership with Inceptive Nucleics, Inc., an artificial intelligence-driven biotechnology company, in a deal valued at up to approximately $2 billion. The partnership combines Alnylam's expertise in RNA interference (RNAi) therapeutics with Inceptive's...
Sunshine Silver Mining & Refining Co. (SSMR) on Thursday revealed the pricing of its Initial Public Offering or IPO of 20.0 million shares of common stock at $13.50 per share. The company said that it has also granted the underwriters a 30-day option to purchase up to an additional 3.0 million shares...
Elon Musk's Space Exploration Technologies Corp. or SpaceX announced its plan to offer around 555.56 million shares of its Class A common stock at its initial public offering or IPO with a price of $135.00 per share. The company plans to raise around $75 billion in the IPO. The underwriters may also...
Long Table Growth Corp. (LTGRU), a Special Purpose Acquisition Company, announced the pricing of its initial public offering of 15 million units at $10 per unit. The offering is expected to close on June 5. The company granted the underwriters a 45-day option to purchase up to an additional 2.25...
Retailer Costco Wholesale Corp. (COST) reported late Wednesday higher net sales and comparable sales for the month of May. For 4 weeks ended May 31, net sales climbed 14.5 percent to $24.01 billion from $20.97 billion last year. Comparable sales increased 12.5 percent, with 13.7 percent growth...
Autodesk, Inc. (ADSK) announced a new strategic collaboration agreement with Amazon Web Services, Inc. or AWS. This partnership is designed to advance cloud-based solutions that empower customers to design, build, and operate more efficiently at scale. Beginning in the second quarter of Autodesk's...
Destination XL Group, Inc. (DXLG) reported loss for the first quarter on Wednesday, wider than the prior year loss, as sales at the Big + Tall menswear retailer fell. On the Nasdaq, shares of Destination XL are currently gaining 4.80 percent, changing hands at $0.7262. Shares of Destination XL...
The Scotts Miracle-Gro Company (SMG) has reaffirmed its annual guidance, citing its current performance. For fiscal 2026, the company still expects adjusted profit from continuing operations of $4.15 per share to $4.35 per share. For fiscal 2025, the company had reported adjusted income of $3.74 per...
Raytheon, an RTX Corp. (RTX) business, announced Wednesday it has been awarded a $515 million contract from the U.S. Navy for the SPY-6 family of radars. The contract is a follow-on to the Integration and Production Support contract, which was awarded in June 2025, and includes upgrading Flight IIA...
Wednesday, MSCI Inc. (MSCI) announced the appointment of Kashi Kakarla as Chief Technology Officer and Head of Product Engineering, effective June 22. Most recently, he led technology and engineering for the Intuit Small Business Platform. At MSCI, Kakarla will lead product technology and engineering...
Biopharmaceutical company Arcus Biosciences, Inc. (RCUS) announced Wednesday a clinical trial collaboration and supply agreement with Bristol Myers Squibb (BMY). Under the agreement, Arcus will supply casdatifan, the company's investigational small-molecule HIF-2a inhibitor, to be evaluated as part...
Waters Corporation (WAT) on Wednesday said the BD BACTEC FXI Culture System has received U.S. Food and Drug Administration 510(k) clearance. The BD BACTEC FXI Culture System is a next-generation, fully automated blood culture system designed to improve the speed, consistency, and accuracy of bloodstream...
Cocrystal Pharma, Inc. (COCP) on Wednesday announced that it has appointed James Sapirstein chief executive officer, effective immediately, replacing co-chief executives Sam Lee and Jim Martin. In pre-market activity on Nasdaq, shares of Cocrystal Pharma were up 5.60 percent, changing hands at $1.1088,...
Wednesday, Ascidian Therapeutics along with Eli Lilly and Company (LLY) announced a global research collaboration and licensing agreement to discover and develop therapies for undisclosed monogenic kidney diseases, with the option to expand to additional target As per the terms of the deal, Lilly...
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.