CervoMed Shares Rise 15% on FDA's Orphan Drug Designation for Neflamapimod
CervoMed shares rose 15% after receiving the Food and Drug Administration's orphan drug designation for neflamapimod, its frontotemporal dementia treatment. Shares were trading around $9.19. The stock ...
S&P 500 Futures Decline in Premarket Trading; Symbotic, Knight-Swift Transport Lag
With U.S. stock markets set to open in two hours, Nutanix Inc. Cl A (NTNX) was up 5.9% in pre-market trading, and MicroStrategy Inc. (MSTR) was up 5.2%.
Americans' stock-market optimism hits record high. But there are risks.
Tuesday's consumer confidence reading from the Conference Board showed that sentiment got a boost following President-elect ...
Parkland Gets TSX Green Light to Buy Back up to 10% of Public Float
Shares have been down in 2024, falling about 20% since the beginning of the year and closing on Tuesday at 34.33 Canadian dollars ($24.42). At that price, the value of the shares intended for buyback ...
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Kronos Bio to Cut 83% Of Workforce, Names Interim CEO
Kronos Bio said it would cut about 83% of its workforce by the end of the year and named a new interim chief executive, as the company continues to explore strategic options. The San Mateo, Calif., ...
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Symbotic Cuts Outlook, Delays Filing of Annual Report Over Revenue Error
Symbotic reduced its quarterly guidance and said it will need more time to file its annual report after identifying an error in its system revenue recognition. The ...
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Outlook Therapeutics Trial of Eye Disease Treatment Misses Key Endpoint
Outlook Therapeutics will resubmit a biologics license application for its ophthalmic formulation of bevacizumab early next year after the second of two clinical trials missed a key target. The ...
GameStop shares continue rise after squeeze chatter
Shares of GameStop Corp. continued their rise in premarket trades Wednesday, climbing 2% after ending Tuesday's session up 2.2%. The stock has risen on no apparent news recently, climbing for three ...
After a flood of corporate bond issuance Monday, Tuesday saw no deals
A flood of corporate bond issuance on Monday was followed Tuesday by the 22nd, no-print, non-Friday session of the year, according to Mischler Financial Managing Director Ron Quigley. Some $13.7 ...
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Mexico Registers $371 Million October Trade Surplus
MEXICO CITY--Mexico posted a $371 million trade surplus in October, compared with a $369 million deficit in the year-ago month, with growth in exports outpacing imports. Exports rose 11.2% from the ...
Denison Mines, Cosa Resources Form Uranium-Focused JV in Saskatchewan
Denison Mines has formed three joint ventures with Cosa Resources for three uranium properties in Saskatchewan. The Canadian uranium producer said Wednesday that Cosa will acquire 70% interest in ...