Tag: brokerswatch
The World Health Organization expanded its recommended guide for the use of Gilead’s GILD, +0.60% COVID-19 treatment Veklury late Thursday, adding another treatment to its toolbox. The company said WHO updated its guidelines to recommend the drug to treat patients with severe COVID, an expansion from simply “those with non-severe COVID-19 at the highest risk […]
Shares of Intellia Therapeutics Inc. NTLA, -13.41% gained 6.5% in premarket trading on Friday after the company and Regeneron Pharmaceuticals Inc. REGN, +0.78% announced positive data from an ongoing Phase 1 clinical trial evaluating their investigational Crispr therapy as a treatment for transthyretin amyloidosis with cardiomyopathy, which can cause heart failure. The data demonstrated a […]
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 […]
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 […]
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 […]
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. […]
Space exploration company Intuitive Machines announced Friday that it will go public through a merger with special purpose acquisition company (SPAC) Inflection Point Acquisition Corp. IPAX, -0.31% in a deal that values the combined company at about $815 million. When the deal closes, which is expected to occur in the first quarter of 2023, the […]
Shares of United Parcel Service Inc. UPS, -3.12% dropped 6.7% in premarket trading toward a three month low, weighed down by rival package deliver FedEx Corp.’s FDX, -0.07% profit and revenue warning, but Citi analyst Christian Wetherbee said UPS appears to be managing the tough macro environment better than its rival. FedEx’s stock plunged 19.6% […]
Gilead Sciences Inc. GILD, -0.28% said Friday the European regulator has adopted a positive opinion on extending the use of its COVID treatment Veklury for pediatric patients. The European Commission will review the recommendation, and if adopted, Veklury, also called remdesivir, could become the only authorized treatment for adolescents at high risk of developing severe […]
BJ’s Wholesale Club BJ, -0.93% said Friday it will accept SNAP EBT cards at all of its clubs and outlets across the U.S. SNAP, or Supplemental Nutrition Assistance Program, is the government’s food stamp program, while EBT stands for Electronic Benefits Transfer. The payments can also be used at BJs.com and for shopping options such […]