News

Sep 16
Pfizer, BioNTech COVID vaccine gets CHMP recommendation for ‘full’ MA for all indications

Pfizer Inc. PFE, +0.45% and BioNTech SE BNTX, -0.58% said Friday that the Committee for Medicinal Products for Human Use (CHMP) for the European Medicines Agency (EMA) has recommended the companies’ COVID-19 vaccine Comirnaty be converted to standard, or “full,” Marketing Authorization (MA) from conditional MA for all indications and formulations. The companies said the […]

Sep 16
Novavax says its COVID vaccine is now available in Israel for use in people aged 12 and older

Novavax Inc. NVAX, -2.21% said Friday that Israel has granted an import and use permit for the company’s COVID vaccine for use in people aged 12 and older. The vaccine is protein based, using a more traditional technology than the mRNA used in the vaccines developed by Pfizer Inc. PFE, +0.45% and German partner BioNTech […]

Sep 16
Core & Main stock falls after upsized share offering priced at 5% discount

Shares of Core & Main Inc. CNM, -7.30% sank 7.3% in premarket trading Friday, after the distributor of water, storm drainage and fire protection products said its upsized stock offering priced at $23.75 a share. The company said selling shareholders sold 11.0 million shares in the offering, up from the late Thursday’s announcement of a […]

Sep 16
NCR stock plunges after company says it will break in two rather than sell itself

Shares of NCR Corp. NCR, -23.94% were tumbling 17% in premarket trading Friday after the company said it plans to split into two publicly traded businesses, with one focusing on digital commerce and the other oriented around ATMs. The late Thursday announcement signaled that management wasn’t able to proceed with a sale of the company. […]

Sep 16
Possession of Bitcoin still legal in China despite the ban, lawyer says

Crypto holders in China are protected by the law in case of theft, misappropriation or breach of a loan agreement despite the ban on crypto. 987 Total views 45 Total shares Despite enforcing a major cryptocurrency ban one year ago, the Chinese government still protects local crypto investors as crypto is recognized as virtual property […]

Sep 16
FedEx stock selloff would shave about 250 points off the Dow transports’ price

The selloff in FedEx Corp.’s stock FDX, -0.07% is enough, by itself, to push the Dow Jones Transportation Average DJT, -1.06% down well more than the broader stock market. The package delivery company’s stock plunged 20.0% in premarket trading following a ‘staggering’ profit and revenue warning, which puts it on track to suffer a record […]