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Shares of Avidity Biosciences Inc. RNA, -17.20% tumbled 23.7% in premarket trading on Tuesday after the company said the Food and Drug Administration placed a partial clinical hold on new enrollment in a Phase 1/2 clinical trial trial evaluating a new treatment for myotonic dystrophy type 1, a progressive neuromuscular disease. Avidity said the partial […]
Cracker Barrel Old Country Store Inc. stock CBRL, +5.57% rose 2.3% in premarket trade Tuesday, after the restaurant and retail store operator beat profit estimates for its fiscal fourth quarter, offsetting a revenue miss, and offered upbeat revenue guidance for fiscal 2023. The company posted net income of $33.4 million, or $1.47 a share, for […]
Russia is currently in the pilot phase of its CBDC development and is expected to complete the development by early next year. 2467 Total views 53 Total shares Russia is in the pilot phase of its central bank digital currency development (CBDC), and new reports indicate that the country could use its national digital currency […]
Shares of Oracle Corp. ORCL, -0.02% rose 1.2% in morning trading Tuesday, after the Securities and Exchange Commission said the enterprise software company will pay more than $23 million to settle bribery charges. The SEC had charged Oracle for violating provisions of the Foreign Corrupt Practices Act (FCPA), saying subsidiaries in Turkey, the United Arab […]
Provident Financial Services Inc. PFS, -0.56% and announced Tuesday and agreement to acquire Lakeland Bancorp Inc. LBAI, -0.55% in a stock deal valued at $1.3 billion. Provident’s stock was indicated down nearly 1% in premarket trading, while Lakeland shares were halted for news until 7: 45 a.m. Eastern. Under terms of the New Jersey-based community […]
United Natural Foods Inc. UNFI, -1.28% shares rose 2.1% on Tuesday after the company said its fourth-quarter net income fell to $39 million, or 63 cents a share, from $43 million, or 69 cents a share, in the year-ago quarter. Adjusted fourth-quarter profit rose to $1.27 a share from $1.25 a share. Fourth-quarter sales increased […]