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Markets Weighed Down by Weaker Banks and Sliding Telecoms

Stephen Holmes

Markets in the US gave back earlier gains and ended in the red on Thursday, halting two days of advances ...

Rex Energy Downgraded by RBC to Sector Perform Speculative Risk

Bryan Smith

Rex Energy (REXX) received an investment-rating downgrade Tuesday to sector perform with a speculative-risk qualifier from outperform from RBC Capital ...

Integra LifeSciences Launches SurgiMend PRS Meshed Collagen Matrix for Breast Reconstruction in Europe in

Stephen Holmes

Integra LifeSciences Holdings (IART) said Tuesday that, following the receipt of CE Mark approval, it is introducing its Integra SurgiMend ...

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UK Regulator Accepts Remedy Proposals for Wood Group’s Acquisition of Amec Foster Wheeler

Caroline Williams

Britain’s antitrust regulator said on Tuesday it won’t refer the merger between oil services companies Wood Group (WG.L) and rival ...

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Insurance Industry Losses From Hurricane Harvey Could Reach $20 Bln, Janney Montgomery Scott Says

Bryan Smith

The insurance industry’s losses from hurricane Harvey are likely to be between $10 billion and $20 billion, Janney Montgomery Scott ...

Big Lots Fiscal Q2 Results Beat Views

Bryan Smith

Big Lots reported fiscal Q2 adjusted earnings of $0.67, up from $0.52 a year ago and exceeding the $0.62 average ...

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Slow Recovery for Baxter Intl. Manufacturing Plants in Puerto Rico Will Affect Q4 Revenue

Bryan Smith

Baxter International Inc. (BAX) was edging lower in Thursday’s after-market following the health care supply company tonight saying it is ...

Hargreaves Lansdown Assets Under Administration Up in First Quarter Helped by New Clients

Caroline Williams

Hargreaves Lansdown (HL, HSP.L), a UK financial service company that sells funds and shares to retail investors, has posted an ...

Pretium Resources Reports Production Results from Brucejack Mine

Bryan Smith

Pretium Resources (PVG) shares were higher 1.2% in Wednesday’s pre-market trade after the Canada-based exploration and development company reported that ...

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Dermira Says Patient Enrollment Closes in Two Phase-3 Trials for Potential Acne Treatment

Stephen Holmes

Dermira (DERM), a company involved with dealing with chronic skin conditions, said Thursday patient enrollment in its Clareos 1 and ...

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Bio-Techne Corp Selected Supplier of Research Antibodies

Bryan Smith

Bio-Techne Corp (TECH) said Thursday it has been selected to supply esearch antibodies under Lot 1 – Antibodies of the ...

Market News

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20

Markets Weighed Down by Weaker Banks and Sliding Telecoms

Stephen Holmes

Markets in the US gave back earlier gains and ended in the red on Thursday, halting two days of advances as earnings from banking stocks failed to impress. The financials group shed 0.7% on the Standard & Poor’s 500, as blue-chip JPMorgan Chase (JPM) fell 0.9% and Citigroup (C) shed 3.4%. The ...

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Spark Therapeutics Confirms Unanimous Recommendation of Approval from FDA Committee for Luxturna

Caroline Williams

Spark Therapeutics (ONCE) confirmed late Thursday that the U.S. Food and Drug Administration’s Cellular, Tissue and Gene Therapies Advisory Committee has unanimously recommended approval of Luxturna, an investigational, potential one-time gene therapy, for the treatment of patients with vision loss due to confirmed biallelic RPE65-mediated inherited retinal disease (IRD). The advisory committee’s ...

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Slow Recovery for Baxter Intl. Manufacturing Plants in Puerto Rico Will Affect Q4 Revenue

Bryan Smith

Baxter International Inc. (BAX) was edging lower in Thursday’s after-market following the health care supply company tonight saying it is expecting to report lower-than-expected Q4 revenue as its three manufacturing facilities in Puerto Rico slowly return to normal operations in the recovery from hurricane Maria last month although it cautioned the negative ...