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Takata Corp. (TKTDF.PK) filed for bankruptcy protection in the U.S. and Japan after faulty air-bags made by the company were linked to more than a dozen deaths and led to the recall. It also agreed to sell its global assets and operations to Key Safety Systems for an aggregate purchase price of approximately...

Agios Pharmaceuticals, Inc. (AGIO) reported updated data from its pyruvate kinase-R (PKR) activator demonstrating the potential for the first disease-modifying treatment for patients with pyruvate kinase deficiency. DRIVE PK is an ongoing global open-label, Phase 2, safety and efficacy trial evaluating...

Verastem, Inc. (VSTM) reported long-term follow-up data from the DYNAMO study, which met its primary endpoint of Overall Response Rate at the final analysis. DYNAMO is a Phase 2 clinical study evaluating duvelisib, the company's investigational oral monotherapy, dual inhibitor of phosphoinositide-3-kinase...

Life sciences company Repligen (RGEN) is posting a notable gain in afternoon trading on Friday, climbing by 8.1 percent.

DougParker-QatarAirways-062317.jpg State-owned Qatar Airways intends to acquire 10 percent stake in American Airlines Group Inc., a surprising attempt by the Gulf carrier to enter into the U.S. aviation market amidst political tensions with neighboring Gulf countries. American Airlines revealed that Qatar Airways Chief Executive Akbar...

Shares of Synchronoss Technologies (SNCR) have moved sharply higher during trading on Friday, surging up by 35.1 percent.

Ritz-Carlton-062317.jpg Luxury hotel group Hotel Ritz-Carlton, a subsidiary of Marriott International Inc., has announced the launch into luxury yacht and cruise business. The new venture was launched The Ritz-Carlton and maritime experts Douglas Prothero and Lars Clasen, in collaboration with funds managed by Oaktree Capital...

snapchat-062317.jpg Social media app Snapchat has introduced a new location service, Snap Map, that will allow users of the app to see the location of all their friends on a map. The new feature will essentially allow a user to see where his friends are hanging out and what they are up to and also share his own location with friends in real time.

Novo Nordisk (NVO) announced the headline results from a 52-week double-blind phase 2 clinical trial with once-daily subcutaneous semaglutide investigating safety and potential for inducing and maintaining weight loss in people with obesity. In the trial, 957 people with obesity were randomised to...

US-brazil-062317.jpg The U.S. has suspended all imports of fresh beef from Brazil due to recurring concerns about the safety of the products. The suspension of shipments from Brazil, the fifth largest exporter of beef to the U.S., will remain in place until the Brazilian Ministry of Agriculture takes corrective action, the U.S. Department of Agriculture or USDA said in a statement.

FederalReserve-062317.jpg The annual Federal stress test was cleared by 34 top banks. The result shows strong capital levels and the ability of large banks to remain capitalized even in stressed situations. The Federal Reserve noted that these banks will be able to lend to households and businesses even at severe recession and throughout the economic cycle.

German drug major Merck KgaA (MKGAY.PK) announced that the Committee for Medicinal Products for Human Use or CHMP of the European Medicines Agency or EMA has issued a positive opinion for approval of Cladribine Tablets (proposed tradename MAVENCLAD) for the treatment of relapsing forms of multiple sclerosis...

Trump-Thumb-062317.jpg After suggesting Republicans opposed to the House healthcare bill should be primaried, President Donald Trump struck a softer tone in response to the four GOP Senators that have indicated their opposition to the Senate plan to repeal and replace Obamacare.

VirginMobile-Iphone-062217.jpg Sprint's prepaid brand Virgin Mobile said it will offer customers a year of its new unlimited data plan for a base price of $1, with the offer available exclusively on the purchase of an iPhone and with AutoPay. The company added that it will be the first ever iPhone-only mobile carrier in the U.S.

Finish Line (FINL) top shareholder Sports Direct International, U.K.'s largest sports goods retailer, has upped its stake in the retailer from 9.2% on May 17 to 19.9% on June 21. It is unclear whether Sports Direct is interested in taking over Finish Line. If it is, It would certainly be a good move...

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