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wallstreet july17 20may22 Stocks experienced another extremely volatile session during trading on Friday, with the major averages once again showing wild swings as the day progressed. The major averages pulled back sharply after failing to sustain an early upward move but staged a significant recovery attempt going into the close.

wallstreet july16 20may22 After failing to sustain an initial move to the upside, stocks have shown a substantial downturn over the course of the trading day on Friday. With the sharp pullback on the day, the major averages have once again fallen to their lowest intraday levels in over a year.

PrimeEnergy Resources Corporation (PNRG) Friday reported first-quarter net income of $11.1 million or $4.07 per shared, compared to net loss of $1.46 million or $0.73 per share last year. Revenues for the quarter were $26.2 million, a surge from $13.0 million last year. The company's barrel of...

uscoronavirus may20 For the fourth consecutive day this month, U.S. Covid daily cases crossed the dreaded 100,000 mark. With 109,740 new cases reported on Thursday, the total number of people that have been infected with the killer bug in the country has risen to 83,060,981.

boeing starliner 052022 After two failed attempts since 2019, Boeing's CST-100 Starliner is in orbit, heading for the International Space Station. The next-generation spacecraft was launched Thursday on a United Launch Alliance (ULA) Atlas V rocket on a mission designed to test the end-to-end capabilities of the crew-capable system as part of NASA's Commercial Crew Program.

wallstreet aug31 20may22 After moving higher early in the session, stocks have given back ground over the course of morning trading on Friday. The major averages have pulled back off their highs of the session, with the Dow dipping into negative territory.

Frontdoor, Inc. (FTDR), a provider of home service plans, said on Friday that its Chief Executive Officer Rexford Tibbens is stepping down. Subsequently, the company has appointed its Chairman William Cobb as successor of Tibbens with effect from June 1. Cobb has been serving as Chairman of the...

Novartis (NVS) said Friday that the Committee for Medicinal Products for Human Use or CHMP of the European Medicines Agency or EMA has adopted a positive opinion for Cosentyx (secukinumab), used alone or in combination with methotrexate, in the juvenile idiopathic arthritis categories of enthesitis-related...

Lear Corp. (LEA) agreed to acquire I.G. Bauerhin (IGB), a privately held supplier of automotive seat heating, ventilation, active cooling, steering wheel heating, seat sensors, and electronic control modules, for 140 million euros, on a cash- and debt-free basis. The transaction is expected to close...

Biopharmaceutical company Cortexyme, Inc. (CRTX) announced Friday the completion of its acquisition of privately-held biotech company Novosteo, which targets therapeutics to treat rare skeletal diseases, bone cancer and injury. Novosteo stockholders now own approximately 15.5% of the combined company. With...

Immix Biopharma Inc. (IMMX) announced positive interim study data showing that after one cycle of treatment, ImmixBio's lead candidate IMX-110 produced 75% survival vs. 0% survival for Trabectedin in a connective tissue cancer Soft Tissue Sarcoma or STS mice study. Trabectedin is sold as YONDELIS...

wallstreetmarch0220 20may22 Stocks are likely to move to the upside in early trading on Friday, regaining ground following the weakness seen in the two previous sessions. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 1.1 percent.

Biopharmaceutical company AbbVie Inc. (ABBV) announced Friday that it has submitted a New Drug Application (NDA) to the U.S. Food and Drug Administration (FDA) for ABBV-951 (foscarbidopa/foslevodopa) for the treatment of motor fluctuations in patients with advanced Parkinson's disease (PD). The submission...

Nissan Motor Co., Ltd. (NSANF.PK, NSANY.PK) on Friday unveiled the all-new Sakura electric minivehicle in Japan, while Mitsubishi Motors Corp. (MMTOF.PK) announced the launch of an easy-to-use, all-electric microcar eK X EV in Japan, with both offering a range of 180 kms. The Sakura EV is equipped...

The European Medicines Agency's or EMA Committee for Medicinal Products for Human Use or CHMP has issued a positive opinion for Olumiant (baricitinib) for the treatment of adults with severe alopecia areata (AA), Eli Lilly and Co. (LLY) and Incyte (INCY) said in a statement on Friday. The European...

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