logo

Breaking News

Share

Sorrento Therapeutics Inc.(SRNE) announced that the United Kingdom's regulatory agency has cleared Sorrento's COVI-DROPS product candidate for a Phase 2 efficacy trial. The shares of Sorrento Therapeutics rose 5.07% after hours to $9.32 after the Medicines and Healthcare products Regulatory Agency...

McDonald's (MCD) becomes the latest company to be hit by a data breach after its stores in a various countries including Taiwan, South Korea, and the United States were hacked. The issue was discovered when unauthorized activity on an internal security system was noticed. The fast-food chain said...

Shares of Medallia, Inc. (MDLA) are surging over 17% on Friday afternoon. The share price was influenced by a Bloomberg report that said the customer survey software provider is exploring options including a potential sale. MDLA is currently trading at $33.39, up $5.01 or 17.65%, on the Nasdaq. The...

Shares of Build-A-Bear Workshop, Inc. (BBW) are currently gaining over 5% on Friday morning, as the teddy bear retailer continues its strong rally that started after it reported its first-quarter results. The stock is currently trading at $18.11, up $0.91 or 5.29%, on the NYSE. It has gained over...

XP Inc. (XP) announced the acquisition of a minority stake in Capitânia Investimentos, an independent traditional asset manager in Brazil specializing in Corporate Credit, Real Estate and Infrastructure investment strategies. Founded in 2003, Capitânia manages over R$11 billion of assets. Capitânia...

The Board of Directors of Philip Morris International Inc. (PM) on Friday authorized a new share repurchase program of up to $7 billion, with target spending of $5 billion to $7 billion over a three-year period. The Board of Directors also declared a regular quarterly dividend of $1.20 per common...

Biotechnology company Moderna, Inc. (MRNA) and Tabuk Pharmaceutical Manufacturing Co, a fully owned subsidiary of Saudi pharmaceuticals company Astra Industrial Group, announced Friday an agreement to commercialize the Moderna COVID-19 Vaccine and future variant-specific booster candidates, if authorized,...

TE Connectivity Ltd. (TEL) announced Friday that its board of directors has authorized an increase in its share repurchase program by an additional $1.5 billion. Any repurchases by the company will be made in accordance with applicable securities laws in the open market or in private transactions. The...

Alternative asset manager Apollo Global Management, Inc. (APO) announced Friday that David Simon, chairman, president and CEO of Simon Property Group, Inc. (SPG), will be added to its Board of Directors in June. It will also add four members of retirement services company Athene Holding Ltd.'s (ATH)...

Magnachip Semiconductor Corp. (MX), the South Korean provider of display and power solutions, confirmed that it has received an unsolicited proposal from Cornucopia Investment Partners on behalf of itself and a group of investors to acquire all of the outstanding shares of Magnachip common stock for...

Incyte Corp. (INCY) said Friday that the U.S. Food and Drug Administration has extended the review period for the New Drug Application or NDA for ruxolitinib cream for the treatment of atopic dermatitis. The Prescription Drug User Fee Act (PDUFA) action date has been extended by three months to September...

Thoma Bravo and data integration firm Talend (TLND) announced Friday that Thoma Bravo has commenced the previously-announced tender offer to acquire all of the outstanding ordinary shares and American Depositary Shares (ADSs) of Talend for $66.00 per ordinary share and ADS (each ADS representing one...

Adamis Pharmaceuticals Corp. (ADMP) said Friday that clinical trial start-up activities are underway for examining the effects of its experimental drug, Tempol, in the treatment of COVID-19. The company is carrying out the activities with a large clinical research organization. In Friday pre-market...

CIT Group Inc. (CIT) Friday announced sale of its aviation loan portfolio to KKR, a global investment firm. This is related to a previously announced agreement for a loan portfolio of nearly $800 million balance across more than 50 loans for about 60 commercial aircraft. CIT said it has transferred...

Intact Financial Corp. (IFC.TO) announced Friday that Scandi JV Co 2 A/S, which is co-owned by Intact and Tryg A/S following the acquisition of London-based RSA Insurance Group plc, has entered into a definitive agreement to sell Codan Forsikring A/S's Danish business to Alm. Brand A/S Group. Under...

Follow RTT