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Sanofi (SNYNF, SNY) reported that, in the Phase 3 IKEMA trial, sarclisa added to carfilzomib and dexamethasone lowered the risk of disease progression or death by 47% compared to standard of care carfilzomib and dexamethasone in patients with relapsed multiple myeloma. The company said the results from...

Bank of America (BAC) said it is making a $1 billion, four-year commitment of additional support to help people and communities of color that have experienced a greater impact from the health crisis. Areas of focus will be: health; jobs/training/reskilling/upskilling; support to small businesses; and...

Immuno-oncology company Agenus Inc. (AGEN) announced Tuesday the FDA's clearance of AgenTus' IND application for an allogeneic iNKT therapy. AgenT-797 was submitted by AgenTus Therapeutics, a subsidiary of Agenus. A clinical trial for the treatment of patients with COVID-19 is expected to commence...

Seagate Technology plc (STX) said the company is committed to a restructuring plan, under which it intends to consolidate: Minnesota facilities into one location; reduce headcount worldwide by approximately 500 employees across 12 countries; and align resources. The plan, which the company expects to...

Bristol Myers Squibb (BMY) reported that a Pivotal Phase 3 True North Trial met primary endpoints, demonstrating highly statistically significant results for induction of clinical remission at Week 10 and in maintenance at Week 52. The study also met key secondary endpoints of clinical response and...

W.W. Grainger, Inc. (GWW), a broad line supplier of maintenance, repair and operating or MRO products, said Tuesday it has agreed to sell Fabory Group to Dutch private equity firm Torqx Capital Partners. Financial terms of the transaction were not disclosed. However, the transaction is not subject...

AgeX Therapeutics, Inc. (AGE) and ImStem Biotechnology, Inc. have entered a non-binding letter of intent for ImStem to obtain from AgeX a non-exclusive license to use AgeX's embryonic stem cell line ESI 053 to derive ImStem's investigational MSC product IMS001 for development in COVID-19 as well as acute...

While reporting financial results for the third quarter on Tuesday, Cracker Barrel Old Country Store, Inc. (CBRL) reported that comparable store restaurant sales declined 41.7 percent and comparable store retail sales also decreased 45.5 percent from the prior year quarter. The company withdrew its...

National Instruments Corp. (NATI) has agreed to acquire OptimalPlus Ltd., a global provider of data analytics software for the semiconductor, automotive and electronics industries. OptimalPlus headquarters and R&D are in Israel with offices in Asia, Europe, and the United States. The deal is valued at...

Aduro Biotech, Inc. (ADRO) has agreed to acquire all of the outstanding capital stock of Chinook Therapeutics, Inc. in exchange for shares of Aduro common stock representing approximately 50 percent of Aduro's outstanding common stock. Chinook Therapeutics is a privately held clinical-stage biotechnology...

DICK'S Sporting Goods Inc. (DKS) reported a net loss for the first quarter ended May 2, 2020 of $143.4 million or $1.71 per share, compared to net income of $57.5 million, or $0.61 per share for the first quarter ended May 4, 2019. The company incurred about $62 million of pre-tax expenses, or $0.50...

Toyota Motor Corp. (TM) announced Tuesday that it has just rolled out the 2021 Corolla Hatchback Special Edition out of a Southern California custom shop. It is dressed out with an exclusive body kit and striking Supersonic Red paint for sport hatchback fans who like their cars with expressive styling...

Knorr-Bremse AG (KNRRY.PK, KNBHF.PK) announced it has closed the acquisition of R.H. Sheppard Co., Inc. from WABCO Holdings. R.H. Sheppard Co. manufactures components for the global commercial vehicle and transportation industries. It will now form an operating unit of Bendix and retain use of the Sheppard...

While reporting financial results for the third quarter on Tuesday, Donaldson Co. Inc. (DCI) said sales for the month of May 2020 is expected to down 20 percent, reflecting relative outperformance in replacement parts versus new equipment, and, on a regional basis, Asia Pacific sales are expected to...

Sensient Technologies Corp. (SXT), a global manufacturer and marketer of colors, flavors, and other specialty ingredients, has agreed to sell 100% of its shares of Sensient Imaging Technologies and certain other assets related to the production of inks to Sun Chemical and its parent company, DIC Corp....

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