Latest Market News
Shares of Albireo Pharma Inc. ALBO, +11.28% gained 10.4% in premarket trading on Tuesday after the company said it is seeking Food and Drug Administration approval to use its medication Bylvay as a treatment for Alagille syndrome, a rare inherited disorder that can result in liver damage. Albireo said a Phase 3 clinical trial evaluating […]
Shares of Tanger Factory Outlet Centers Inc. SKT, +0.40% rose 0.6% in premarket trading Tuesday, after the operator of open-air outlet centers said it will raised its quarterly dividend by 10%, to 22cents a share from 20 cents a share. Shareholders of record on Oct. 31 will be paid the dividend on Nov. 15. Based […]
Joby Aviation Inc. JOBY, +7.01% shares rallied 16% in premarket trades Tuesday after the air taxi developer said it received a $60 million upfront equity investment from Delta Air Lines Inc. DAL, -1.21% to operate all-electric, vertical take-off and landing aircraft for customers initially in New York and Los Angeles. Delta will make a total […]
Google says that early next year, users will be able to pay for cloud services using cryptocurrencies like Bitcoin and Ether via Coinbase. Source: Cointelegraph
Blackbaud Inc. BLKB, -1.35% said Tuesday its board unanimously adopted a limited duration stockholder rights plan or a so-called poison pill, with an expiration date of Oct. 2, 2023. The company, which makes cloud software for the philanthropic community said the rights plan “will reduce the likelihood that any entity, person or group gains control […]
Reliance Steel & Aluminum Co. RS, +2.59% on Tuesday names Karla R. Lewis as CEO after James D. Hoffman steps down on Dec. 31. Hoffman will remain on the company’s board will serve as senior adviser to the CEO until December, 2023 when he will retire. Lewis has worked for Reliance since 1992, including finance […]