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Immuno-oncology company LAVA Therapeutics N.V. (LVTX) announced Monday that Dr. Charles Morris has joined LAVA as chief medical officer effective February 6, 2023. Dr. Morris will replace Benjamin Winograd. Dr. Morris is a medical oncologist with over 25 years of oncology drug development experience...

Viridian Therapeutics, Inc. (VRDN), a biopharmaceutical company focused on medicines for serious and rare diseases, announced Monday the appointment of Scott Myers as President and Chief Executive Officer, and a member of the Board of Directors, effective today. He succeeds Jonathan Violin, who has...

Global investment firm Carlyle Group Inc. (CG) said that it has appointed former Goldman Sachs President, Harvey Schwartz, as its Chief Executive Officer and a member of the Board, effective February 15, 2023. The appointment brings to an end Carlyle's search for a new CEO following the departure...

While reporting financial results for the fourth quarter on Monday, Timken Co. (TKR) initiated its earnings, adjusted earnings and revenue growth guidance for the full-year 2023. For fiscal 2023, the company now projects earnings in a range of $5.80 to $6.40 per share and adjusted earnings in a range...

Sage Therapeutics, Inc. (SAGE) and Biogen Inc. (BIIB) announced the FDA has accepted the filing of a New Drug Application for zuranolone in the treatment of major depressive disorder and postpartum depression. The application has been granted priority review and the FDA has assigned a PDUFA action date...

While announcing preliminary unaudited results for the fourth quarter on Monday, specialty apparel retailer The Children's Place, Inc. (PLCE) now expects loss for the fourth quarter in a range of $4.24 to $4.63 per share and adjusted loss in a range of $4.02 to $4.41 per share, down from the prior guidance...

Industrial gases and engineering company Linde plc (LIN) announced Monday that it has signed a long-term agreement to supply clean hydrogen and other industrial gases to OCI's new blue ammonia plant in Beaumont, Texas. Linde's total investment will be around $1.8 billion and the project is expected...

Dell Technologies Inc. (DELL) plans to eliminate about 6,650 jobs, or about 5 percent of its global workforce amid weak demand for personal computers, Bloomberg reported citing a memo to employees. Co-Chief Operating Officer Jeff Clarke said the company is experiencing market conditions that continue...

Diageo (DGE.L, DEO), through its indirect subsidiary, Diageo Kenya, has launched a partial tender offer to increase its aggregate equity stake in East African Breweries PLC from its current 50.03% to a maximum of 65%. EABL is a regional leader in beverage alcohol. Although the business is concentrated...

Sandoz, a Novartis (NVS) division, announced the FDA has accepted its Biologics License Application for proposed biosimilar denosumab. The BLA includes an analytical and clinical data package, including data from the Phase I/III ROSALIA study. "In addition to being an important medicine for cancer...

German copper producer Aurubis AG (AIAGY.PK, AIAGF.PK) reported that its first quarter net income dropped 81% to 57 million euros or 1.31 euros per share from 301 million euros or 6.89 euros per share in the same quarter last year. On an operating basis, quarterly net income declined 22% to 99 million...

United Microelectronics Corporation (UMC), a Taiwanese semiconductor firm, on Monday reported a decline in sales for the month of January. For the month of January, the company reported sales of NT$19.589 billion, compared with NT$20.472 billion, recorded for the same period of 2022.

Astellas Pharma Inc. (ALPMY, ALPMY) announced that its board approved changes of its Representative Director, President and chief executive officer and its management structure. Astellas decided it is best for it to consider and implement strategies for achieving CSP2021, which ends in fiscal year...

Newmont Corp. (NEM, NGT.TO) confirmed Sunday that it has submitted a non-binding proposal to acquire Newcrest Mining Limited. Newmont's proposal to merger with Newcrest is on the basis of 0.380 Newmont shares per Newcrest share, which would result in the combined company being 30 percent owned by...

Carlyle Group Inc. (CG) has appointed former Goldman Sachs President, Harvey Schwartz, as its next chief executive officer, according to several media reports citing people familiar with the matter. The Global investment firm is reportedly planning to announce Schwartz's appointment as soon as this...

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