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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...

Intellia Therapeutics, Inc. (NTLA) announced Thursday that the U.S. Food and Drug Administration (FDA) has accepted the investigational new drug (IND) application for NTLA-5001, the company's first wholly-owned ex vivo CRISPR genome editing candidate for the treatment of cancer. NTLA-5001 is an autologous...

The Competition and Markets Authority in the UK has decided to refer the completed acquisition by Sony Music Entertainment of all the issued shares of AWAL for a phase 2 investigation. AWAL is an emerging music distributor which allows artists to upload their own music for distribution. Following...

Biogen Inc. (BIIB) announced positive results from its Phase 2 CONVEY study of vixotrigine or BIIB074, a non-opioid investigational oral pain drug being evaluated for the treatment of small fiber neuropathy. The company noted that the CONVEY study 200 mg twice daily arm met its primary endpoint of...

Amazon (AMZN) said it estimates to provide 25,000 permanent jobs in Spain before the end of 2025. It also plans to train 50,000 small and medium businesses and entrepreneurs to sell online, over the period. The company is currently celebrating its tenth anniversary in Spain. Amazon has a workforce...

First Interstate BancSystem, Inc. (FIBK), parent company of First Interstate Bank, and Great Western Bancorp, Inc. (GWB), parent company of Great Western Bank, announced Thursday that they have entered into a definitive agreement under which the companies will combine in an all stock transaction. Under...

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