Latest Market News

Jun 26
Central Bank contacts business groups regarding Financial Sanctions obligations

The adoption of sanctions places legally binding obligations on all individuals and entities The Central Bank is sharing information with business representatives regarding individual and firm-level obligations Sanctions breaches must be reported to An Garda Siochana Against the backdrop of Russia’s invasion of Ukraine and the introduction of EU Regulations relating to financial sanctions, the […]

Jun 26
Central Bank calls on firms to prevent IBAN discrimination

IBAN discrimination is an issue across Europe as more firms offer financial services cross border The Central Bank has contacted regulated firms and business representative bodies in Ireland to reinforce all organisations’ responsibilities under SEPA Supporting consumer choice to choose a provider with a non-Irish IBAN is important as Ulster Bank and KBC exit the […]

Jun 26
Bausch Health’s Joe Papa resigns from board, John Paulson named chairperson

Bausch Health Companies Inc. BHC, +20.36% disclosed Friday that Joseph Papa has resigned from the board of directors as of June 23. The specialty pharmaceutical company named John Paulson as its chairperson of the board. The company said Papa’s resignation from the board “was not due to any dispute or disagreement” with management or with […]

Jun 26
Coronavirus tally: CDC panel backs Moderna vaccine for children aged 6 to 17 in move that could add second option for that group

A panel of advisers to the Centers for Disease Control and Prevention voted unanimously Thursday to recommend Moderna’s MRNA, +0.71% COVID vaccine for children and adolescents aged 6 to 17. The move is expected to lead CDC head Dr. Rochelle Walensky to sign off on the vaccine for that age group, offering a second option […]

Jun 26
CarMax earnings beat expectations, as higher prices boosted sales

Shares of CarMax Inc. KMX, +7.19% rose 1.9% in premarket trading Friday, after the used car retailer reported fiscal first-quarter profit that fell but topped expectations, while sales rose above forecasts, boosted by higher car prices. Net income for the quarter to May 31 dropped to $252.3 million, or $1.56 a share, from $436.8 million, […]

Jun 26
UPDATE: Emergent BioSolutions says FDA has accepted its anthrax vaccine candidate for review

Emergent BioSolutions Inc. EBS, +1.30% said Friday the U.S. Food and Drug Administration has accepted for review its application for approval of its anthrax vaccine. Dubbed AV7909, the vaccine is aimed at people aged 18 through 65 years who have been exposed to anthrax for use along with recommended antibacterial drugs. A decision is expected […]