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Remy Cointreau (REMYF.PK) said it now expects first quarter sales to decline by around 45 percent on an organic basis (previously 50 percent to 55 percent). The Group projects a moderate decline in the second quarter. For the first half, the Group projects current operating profit to be down by 45...

Responding to market speculation, LVMH Moet Hennessy Louis Vuitton (LVMHF.PK, LVMUY.PK) confirmed Thursday that it is not considering buying Tiffany & Co. (TIF) shares on the market. The French luxury products maker said its Board of Directors, in a meeting on June 2, notably focused its attention...

Novartis AG (NVS) said that Phase III PREVENT data showed Cosentyx 150 mg provided significant and sustained improvement in signs and symptoms of non-radiographic axial spondyloarthritis or nr-axSpA up to Week 52. The PREVENT trial met its primary endpoint of 40% improvement in the Assessment of Spondyloarthritis...

Gilead Sciences Inc. (GILD) and Galapagos NV (GLPG) said that data from Phase 3 FINCH 1 and FINCH 3 studies of filgotinib demonstrated sustained efficacy and a consistent safety profile with up to 52 weeks of filgotinib treatment across rheumatoid arthritis patient populations. The study of filgotinib...

Swiss drug maker Roche (RHHBY) announced Thursday that the U.S. Food and Drug Administration has issued an Emergency Use Authorisation or EUA for the Elecsys IL-6 test to help in identifying patients at high risk of severe inflammatory response. Roche noted that the test can support physicians, in...

The Shanghai, China-based solar panel maker JinkoSolar Holding Co., Ltd. (JKS) said Thursday that U.S. International Trade Commission issued a favorable final determination after it found that JinkoSolar's product does not infringe on Hanwha Q CELLS' patent. Earlier in March 2019, Hanwha had initiated...

Multinational cannabis company Clever Leaves International Inc. intends to list on Nasdaq through a merger with Schultze Special Purpose Acquisition Corp. (SAMA, SAMAW, and SAMAU). Schultze Special Purpose Acquisition or SAMA and Clever Leaves said they have signed a letter of intent or LOI to enter...

Kezar Life Sciences, Inc. (KZR) - Shares of the clinical-stage biotechnology company soared nearly 80% after closing bell. The company's lead drug candidate is KZR-616, a selective inhibitor of immunoproteasome that plays a crucial role in the immune system. KZR-616 is under a phase Ib/II study in...

Shares of medical waste management company Stericycle, Inc. (SRCL) are climbing more than 6% Wednesday morning at $59.60. There are no company-specific news to move the stock up.

Shares of Summit Wireless Technologies, Inc. (WISA) are up nearly 30% on Wednesday morning. The company announced WiSA Ready Certification for all four 2020 8K TVs in the LG OLED ZX and LG NanoCell NANO 99 series. WISA is currently trading at $3.00, up $0.67 or 28.76%, on the Nasdaq. Summit Wireless...

Shares of the custodian of health savings accounts, HealthEquity, Inc. (HQY) are falling more than 9% Wednesday morning after the company's first-quarter earnings fell short of expectations. The company's second-quarter earnings and revenue outlook also remain lower than the Street view.

Shares of Genius Brands International Inc. (GNUS) are surging more than 93 percent or $3.75 in Wednesday's morning trade at $7.77, after earlier touching a new 52-week high of $7.79 despite the absence of any stock-specific news. Genius Brands is a California-based children's entertainment company. In...

Shares of media and mobile communication products company Digital Turbine, Inc. (APPS) are rising more than 25% Wednesday morning on the back of upbeat fourth-quarter results. The company also provided first-quarter revenue outlook, better than analysts' view.

Shares of Secoo Holding Limited (SECO) nearly doubled on Wednesday morning after it revealed that Qudian Inc. (QD) will buy a stake in the company. Qudian agreed to buy 10.2 million newly issued Class A ordinary shares of Secoo for $100 million, reflecting a per share price of $9.80. Qudian will...

Shares of restaurant company The Cheesecake Factory Incorporated (CAKE) are climbing more than 12% Wednesday morning after the company said its restaurants that have reopened brought in sales of about 75% of prior year numbers.

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