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Erasca, Inc. (ERAS) announced a clinical trial collaboration and supply agreement with Pierre Fabre for the BRAF inhibitor encorafenib (BRAFTOVI) within key international territories. The agreement will support a clinical proof-of-concept trial evaluating ERAS-007, in combination with encorafenib and...

Regeneron Pharmaceuticals, Inc. (REGN) said the FDA has accepted for Priority Review the supplemental Biologics License Application for Evkeeza as an adjunct to other lipid-lowering therapies to treat children aged 5 to 11 years with homozygous familial hypercholesterolemia. The FDA target action date...

United Airlines announced a strategic equity investment in Natron Energy, a battery manufacturer whose sodium-ion batteries have the potential to help United electrify its airport ground equipment and operations at the gate. The company noted that Natron has the potential to reduce the greenhouse gas...

Pet retailer Petco Health and Wellness Co., Inc. (WOOF) reported Wednesday that third-quarter net income was $19.92 million or $0.07 per share, down from $52.75 million or $0.20 per share in the prior year. Adjusted net income was $42.9 million or $0.16 per share, compared to $54.0 million or $0.20...

Corteva Inc. (CTVA) said that it agreed to acquire Houston-based Stoller Group for $1.2 billion in cash. The deal is anticipated to be completed in the first half of 2023 following regulatory approvals and satisfaction of customary closing conditions. The Company expects that Stoller results will...

Titan Medical Inc. (TMDI, TMD.TO) said its Board has determined that it is in the best interest of the company and its stakeholders to undertake a review and evaluation of strategic alternatives that may be available to the company to unlock shareholder value. The Board will consider a full range of...

Energy company Enbridge Inc. (ENB.TO, ENB) announced Wednesday Pamela Carter as Chair of the Board effective January 1, 2023. The appointment is coincident with the appointment of current Board Chair, Greg Ebel, as President & CEO on the same date. Ebel succeeds retiring President and CEO, Al Monaco. Carter...

Financial services provider State Street Corp. (STT) announced Wednesday that it has mutually agreed with Brown Brothers Harriman & Co. (BBH), a financial services firm, to terminate its proposed acquisition of BBH's Investor Services business. The decision was taken after it became clear that State...

Julius Baer International (UK) (JBARF.PK, JBAXY.PK) confirmed that it accepted the decision set out in the Final Notice published by the Financial Conduct Authority. JBI has paid a fine in the amount of 18.0 million pounds. The company noted that the FCA's criticism of individuals was limited to three...

Regal Rexnord Corp. (RRX) said it plans to explore strategic alternatives for the global motors and generators businesses. Motors and Generators is specialized in the design and manufacture of integral motors and generators for a range of industrial applications. CEO Louis Pinkham said, "After carefully...

Swedish retailer Hennes & Mauritz AB or H&M Group (HNNMY.PK, HMRZF.PK, HEN.L) Wednesday said it sees a restructuring charge of just over 800 million Swedish kronor in the fourth quarter related to its global cost and efficiency programme. H&M group's global programme to reduce costs and further improve...

Pennon Group plc (PNN.L) reported underlying profit before tax of 22.5 million pounds for the half year ended 30 September 2022 compared to 90.4 million pounds, prior year. Adjusted EPS declined to 7.9 pence from 30.6 pence. The Group said the reduction reflects the near-term pressures on earnings from...

AstraZeneca PLC (AZN.L, AZN) announced the sale of its West Chester site in Ohio, US, to National Resilience, Inc. The company expects to complete the sale in the first quarter of 2023, with a phased transition of services. Andrew Wirths, Senior Vice President, Americas Supply Region, AstraZeneca,...

Germany's BioNTech SE (BNTX) and Ryvu Therapeutics S.A., a Polish clinical-stage company developing oncology therapeutics, announced Wednesday that they have entered into a multi-target research collaboration to jointly develop and commercialize immuno-modulatory small molecule candidates. They plan...

Aspen Aerogels Inc. (ASPN) said that it has priced an underwritten public offering of 25.26 million shares of its common stock at a public offering price of $9.50 per share. ASPN closed Tuesday regular trading at $11.34 down $0.62 or 5.18%. In the after hours trade, the stock further dropped $0.80...

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