Cencora, Inc. (NYSE:COR) on Monday agreed to acquire the majority stake it does not own in OneOncology from TPG and other shareholders for. Cencora stock is showing positive momentum. What’s next for COR stock? The consideration includes approximately $3.6 billion…
On Friday, the U.S. Food and Drug Administration (FDA) approved Milestone Pharmaceuticals Inc.’s (NASDAQ:MIST) first commercial product, Cardamyst (etripamil) nasal spray. The approval covers the conversion of acute symptomatic episodes of paroxysmal supraventricular tachycardia (PSVT) to sinus rhythm in adults.…
Chipotle (NYSE:CMG) recently authorized a $1.8 billion share buyback program. The stock has responded with a modest bounce, and the company has also crossed the 4,000-store milestone. With these developments in play, investors are asking whether the recent strength is…
Virgin Galactic Holdings, Inc. (NYSE:SPCE) stock rose Monday after the company announced a new collaboration with Lawrence Livermore National Laboratory (LLNL). The partnership will evaluate the use of LLNL sensor systems aboard Virgin Galactic launch vehicles to collect critical flight…
In a bid to lower its reliance on China for critical minerals, Korea Zinc, the world’s largest zinc smelting company, has unveiled a $7.4 billion smelter project, backed by the U.S. government. US-Backed Korea Zinc Smelter Plan Korea Zinc announced the project on Monday…
Avalon GloboCare Corp. (NASDAQ:ALBT) announced Monday that it has acquired RPM Interactive, Inc., a generative artificial intelligence software company, through an all-stock transaction. The acquisition aims to expand Avalon's digital marketing capabilities and strengthen its balance sheet. The deal includes…
Gainers Symbol Name Price Change ($) Change (%) Volume (NYSE:XLY) State Street Consumer Discretionary Select Sector SPDR ETF 121.59 0.89 0.73 4.7K (NYSE:XLF) State Street Financial Select Sector SPDR ETF 55.26 0.31 0.56 48.7K (NYSE:XLU) State Street Utilities Select Sector…
U.S. stock futures were higher this morning, with the Dow futures gaining around 200 points on Monday. Shares of argenx SE – ADR (NASDAQ:ARGX) fell sharply in pre-market trading after the company discontinued its Phase 3 UplighTED studies of efgartigimod…
On Monday, Sanofi SA (NASDAQ:SNY) announced results from the PERSEUS phase 3 study of tolebrutinib compared to placebo for primary progressive multiple sclerosis (PPMS). Multiple sclerosis is an autoimmune disease resulting in damage to myelin, which is the insulating cover…
Faraday Future Intelligent Electric Inc. (NASDAQ:FFAI) stock rose Monday after it finalized a deposit agreement with a Florida-based operator and investor in high-end vacation rentals for 2,000 FX Super One MPVs. The arrangement includes non-refundable deposits and non-binding pre-orders, all…