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tesla 032720 Tesla said it will produce ventilators at its Gigafactory in Buffalo, New York to support the city's hospitals amid the coronavirus pandemic. New York is the worst affected state in the U.S. Last Saturday, Musk tweeted that he "had a long engineering discussion with Medtronic about state-of-the-art ventilators.

Shares of a clinical-stage messenger RNA (mRNA) therapeutics company, Translate Bio, Inc. (TBIO) gapped up nearly 12% at $11.48 Friday morning after the company announced that French pharmaceutical giant Sanofi is collaborating with Translate Bio to develop a novel mRNA vaccine for COVID-19.

ralphlauren 032720 Luxury fashion house Ralph Lauren will donate $10 million to help fight the coronavirus pandemic and manufacture face masks as well as medical gowns in the U.S. The company's charity arm, the Ralph Lauren Corporate Foundation, said in a statement that it is committing $10 million towards the global response to the COVID-19 pandemic.

Shares of New Oriental Education & Technology Group Inc. (EDU) are losing more than 8 percent in Friday's morning trade at $115.14, despite the absence of any stock-specific news. U.S. stocks opened lower on Friday after three straight days of gains. New Oriental Education is a China-based provider...

Shares of Zoom Video Communications Inc. (ZM) are gaining nearly 8% on Friday morning. ZM is currently trading at $152.42, up $11.27 or 7.98%, on the Nasdaq. The stock of the popular videoconferencing company, which went public back last year, has witnessed an increase in demand since the ongoing...

Shares of weight management products and services provider WW International, Inc. (WW) are down more than 7% Monday morning despite no company-specific news.

Shares of Uber Technologies Inc. (UBER) are losing more than 9 percent in Friday's trading at $25.58. Uber Technologies CEO Dara Khosrowshahi has requested U.S. President Donald Trump to include the company's drivers and delivery workers, along with all independent workers in the gig economy, in...

Shares of SCWorx Corp. (WORX) are currently gaining over 34% on Friday morning. SCWorx said its subsidiary Direct Worx supplied one million surgical masks to an existing large hospital customer. The initial agreement was for $390 thousand, with additional potential agreements to help hospitals source...

MGM Resorts International (MGM) said it is undertaking a thorough review to significantly minimize domestic property level operating expenses, through the implementation of hiring freezes, furloughs and other headcount reductions. The company is also actively reviewing its fixed property level operating...

Novartis (NVS) said the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency has adopted a positive opinion for Cosentyx (secukinumab) for the treatment of adult patients with active non-radiographic axial spondyloarthritis. The company noted that, if approved, Cosentyx...

United States Steel Corp. (X) has reduced capital spending in 2020 by $125 million, and now expects 2020 capital spending to be approximately $750 million. The company increased its borrowings under its Revolving Credit Facility by $800 million. Beginning in late-May, the company plans to idle all...

Vertex Pharmaceuticals Inc. (VRTX) on Friday confirmed its 2020 business outlook and the continuity of the company's supply chain for its approved cystic fibrosis or CF medicines. The biotechnology company also provided an update on its development programs given the ongoing COVID-19 pandemic. However,...

Diebold Nixdorf (DBD) said, in certain locations, the company is seeing instances of product installation disruptions from coronavirus-related logistics challenges, which impacts the company's ability to forecast product revenue. Due to this, the company has decided to withdraw its full-year outlook. Diebold...

SNC-Lavalin Group Inc. (SNCAF.PK, SNC.TO) announced Friday that it has withdrawn its financial outlook for the full year 2020 that was provided by the company on February 28, 2020, due to uncertainty regarding the impact of the coronavirus (COVID-19) pandemic and the related impact on the company's worldwide...

Conagra Brands, Inc. (CAG) said Friday it will provide cash bonuses to employees at each of its production and distribution facilities in the U.S., Canada and Mexico for their extraordinary efforts during COVID-19. At the company's more than 50 facilities, full-time employees in the U.S. will receive...

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