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Pharming Group N.V. (PHAR) said that the positive results of a Phase 3 clinical trial of the investigational drug leniolisib, an oral, selective phosphoinositide 3-kinase delta (PI3Kd) inhibitor, in adult and adolescent patients with activated phosphoinositide 3-kinase delta syndrome (APDS), a rare primary...

Boeing (BA) said its final 747-8 Freighter will be delivered to Atlas Air in early 2023. This final 747 has a revenue payload of 133.1 tonnes, enough to transport 10,699 solid-gold bars or approximately 19 million ping-pong balls or golf balls. The production of the 747, the world's first twin-aisle...

French banking group Crédit Agricole SA (CDA.L) Wednesday announced that it has effectively sold the first tranche of 63.7 percent of its stake in Crédit du Maroc to the Moroccan group, Holmarcom. The latest divestment was part of the agreement to sell its total 78.7 percent stake in Crédit du Maroc. As...

Axon Enterprise Inc. (AXON) announced the pricing of its private offering of $600 million aggregate principal amount of 0.50% Convertible Senior Notes due 2027. Axon also granted the initial purchasers of the Notes an option to purchase up to an additional $90 million aggregate principal amount of...

Syndax Pharmaceuticals Inc. (SNDX) said that it has priced an underwritten public offering of about 6.82 million shares of its common stock at $22.00 per share. The aggregate gross proceeds from the offering are expected to be approximately $150.0 million, before deducting underwriting discounts and...

Adobe Inc. (ADBE) has cut about 100 jobs to reduce its expenses, Bloomberg reported. Adobe's workforce reductions are smaller than the thousands announced by other technology companies, including Amazon.com Inc., HP Inc. Adobe reportedly said it is not doing company-wide layoffs and it is still...

AT&T Inc. (T) said it continues to see healthy customer growth in its strategic focus areas of 5G and fiber as customer demand for connectivity services remains high. At the UBS Global TMT Conference, AT&T's chief operating officer,Jeff McElfresh, said that the company expects full-year capital investment...

MorphoSys AG (MOR) said that its subsidiary Constellation Pharmaceuticals has reached a global licensing agreement with Novartis to research, develop and commercialize its pre-clinical inhibitors of a novel cancer target. As per the terms of the agreement, Novartis will assume full responsibility...

Airbus (EADSF.PK, EADSY.PK) said it no longer expects to achieve its target of around 700 commercial aircraft deliveries for 2022 citing the complex operating environment. But it confirmed anual financial guidance. The company adjusted speed of A320 Family ramp-up to rate 65 for 2023 and 2024. It maintained...

Gerresheimer AG (GRRMF.PK) reaffirmed its growth agenda and increased its revenue and adjusted EBITDA guidance. The guidance for fiscal 2023, for group level, FXN, include: organic revenue growth: at least 10%; organic adjusted EBITDA growth: at least 10%; and adjusted EPS growth: low-single digit. For...

AbbVie Inc. (ABBV) announced Tuesday an exclusive worldwide collaboration and option to license agreement for HotSpot Therapeutics Inc.'s discovery-stage IRF5 transcription program for the treatment of autoimmune diseases. The IRF5 acts as a key regulator of certain types of immune responses and...

The Kroger Co. (KR) said on Tuesday it has received a request for additional information (second request) from the Federal Trade Commission or FTC as part of the regulatory review process for its merger with Albertsons Companies, Inc. (ACI). Kroger said it will continue to work cooperatively with...

Akeso Inc. announced a collaboration and license agreement with Summit Therapeutics Inc. (SMMT) to out-license its breakthrough bispecific antibody, ivonescimab, for development and commercialization in the United States, Canada, Europe, and Japan. Akeso will co-brand the product in the License Territories. Currently,...

Warner Bros. Discovery (WBD) and Amazon.com, Inc. (AMZN) announced Tuesday that HBO Max is once again available on Prime Video Channels in the U.S. Prime customers can now sign up for HBO Max for $14.99 per month. Subscribers will have access to 15,000 hours of curated premium content. Additionally,...

FMC Corp. (FMC), an agricultural sciences company, announced Tuesday a strategic collaboration with Micropep Technologies, a micropeptide technology company, to develop biological solutions to control destructive herbicide-resistant weeds that reduce crop yields. The companies did not disclose the specific...

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