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Eli Lilly and Company (LLY) Thursday said that the U.S. Food and Drug Administration has expanded the Emergency Use Authorization for bamlanivimab and etesevimab administered together to include post-exposure prophylaxis in certain individuals for the prevention of SARS-CoV-2 infection. The neutralizing...

Ford Motor (F) Thursday announced that it will invest an additional $250 million and add 450 more employees to increase production capacity for its all-electric F-150 Lightning pickup. The Detroit-based auto giant said it is investing an additional $250 million and adding 450 more direct jobs across...

Shares of USANA Health Sciences Inc. (USNA) slipped 3% in extended session on Thursday after the company lowered its financial outlook for fiscal year 2021. The company now expects full year 2021 earnings of $5.80 to $6.00 per share and revenues of $1.18 billion to $1.20 billion. Previously, the company...

Movie theatre chain AMC Entertainment Holding Inc. (AMC), plans to accept other cryptocurrencies like Ethereum and Litecoin in addition to Bitcoin as a mode of payment. On Thursday, AMC CEO Adam Aron tweeted the company's plans to accept three other cryptocurrencies Ether (ETH), Litecoin (LTC) and...

Southwest Airlines (LUV) becomes the latest major US airline to incentivize employees to get vaccinated for Covid-19 as delta variant cases surge across the country. The airline is giving fully vaccinated staff 2 days extra pay if they show proof of vaccination before November-end, according to a...

Mortgage rates, or interest rates on home loans, slipped slightly compared to last week, according to mortgage provider Freddie Mac (FMCC.OB). Releasing the results of its primary mortgage market survey, Freddie Mac said that the 30-year fixed-rate mortgage or FRM averaged 2.86 percent for the week...

T-Mobile (TMUS) said it is upgrading 500 stores across the country to now include in-store device repairs by experts from Assurant. Starting November 1, the company's customers with Protection 360 can avail in-store same-day repairs through an online appointment. T-Mobile is also adding new Protection...

Tetra Tech, Inc. (TTEK), a provider of consulting and engineering services, announced Thursday that the U.S. Agency for International Development (USAID) awarded Tetra Tech a multiple-award contract to provide global infrastructure services with a shared capacity of $800 million. Tetra Tech has provided...

AbbVie (ABBV), on Thursday, announced that it has submitted applications to the FDA and European Medicines Agency, pursuing expanded approval for Upadacitinib.

Modine Manufacturing Company (MOD) said the company is creating a separate business division to focus exclusively on thermal management systems for electric vehicles. The company noted that this marks an important step in accelerating electric vehicle strategy. Neil Brinker, CEO, said: "We plan to...

Zurich Insurance Group AG (ZURVY) is considering a sale of some of its general insurance assets in Australia, Bloomberg reported citing people familiar with the matter. According to the report, the Swiss firm is working with an adviser on the potential divestment of non-core commercial assets in Australia....

Nucor Corp. (NUE) said it expects third-quarter earnings to be the highest quarterly earnings in the company's history, surpassing the previous record set in the second quarter of 2021. For the fourth-quarter, the internal business units' forecasts suggest that results are likely to continue the trend...

Allstate Corp. (ALL) announced Thursday an estimated catastrophe losses for the month of August of $876 million or $692 million, after-tax. Catastrophe losses in July and August totaled $1.1 billion, pre-tax. Catastrophe losses in August comprised 11 events at an estimated cost of $843 million plus...

Revance Therapeutics Inc. (RVNC) said Thursday that it will present results from its ASPEN-1 Phase 3 clinical trial evaluating the efficacy, duration of effect and safety of DaxibotulinumtoxinA for Injection, for the treatment of cervical dystonia in adults, showing a meaningful reduction in signs and...

Chinese hotel Group Huazhu Group Ltd. (HTHT) announced Thursday that Qi Ji will step down as chief executive officer of the Company for personal reasons, effective October 1, 2021. Ji will continue to serve as the chairman of the board of directors of the Company. Hui Jin, currently the president...

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