2020-10-28 07:26:30 AMD AMD
Xilinx
10/28/20 10/2807:26 10/28/2007:26 | AMD price target raised to $95 from $85 at Loop CapitalLoop Capital analyst Cody Acree raised the firm's price target on AMD (AMD) to $95 from $85 and keeps a Buy rating on the shares. The analyst cites the company's Q3 beat, with continued "strong" results driven by healthy demand and cross-market share gains. Acree is also "encouraged" by AMD's acquisition of Xilinx (XLNX), which he expects to create "material" revenue and earnings synergies. AMD
Xilinx
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Cathie Wood's ARK Investment bought 1.54M shares of Ginkgo Bioworks today
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DNA
Ginkgo Bioworks
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Four Corners Property Trust acquires Red Robin Property for $2.4M »
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FCPT
Four Corners Property Trust
Four Corners Property… Four Corners Property Trust "announces the acquisition of a Red Robin property for $2.4M from the PREIT transaction previously announced in June 2022. The property is located in a strong retail corridor in Maryland and is occupied under a triple net lease to the corporate entity with approximately 4 years of term remaining." ShowHide Related Items >><<
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X4 Pharmaceuticals announces $55M private placement financing »
19:54 06/30/22 06/3019:54 06/30/2219:54
XFOR
X4 Pharmaceuticals
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Week of 6/29 Fed balance sheet reserve bank credit $11.2B
19:35 06/30/22 06/3019:35 06/30/2219:35
$ECON
Economic Data
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Week of 6/29 Fed balance sheet total assets $20.8B
19:35 06/30/22 06/3019:35 06/30/2219:35
$ECON
Economic Data
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Week of 6/29 Fed balance sheet level $8.914T
19:35 06/30/22 06/3019:35 06/30/2219:35
$ECON
Economic Data
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| Total Amount: $35B,… Story temporarily locked. ShowHide Related Items >><<
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| Total Amount: $30B,… Total Amount: $30B, Bid/Cover: 2.89, Rate: 1.650%. ShowHide Related Items >><<
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Micron price target lowered to $50 from $70 at Piper Sandler »
19:34 06/30/22 06/3019:34 06/30/2219:34
MU
Micron
Piper Sandler analyst… Story temporarily locked. ShowHide Related Items >><<
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Meta Platforms CEO says 2022 hiring target for engineers reduced, Reuters says »
19:16 06/30/22 06/3019:16 06/30/2219:16
META
Meta Platforms
Meta Platforms CEO Mark… Meta Platforms CEO Mark Zuckerberg has indicated that the company has reduced its target for engineer hiring this year to about 6K-7K from 10K initially planned, Reuters' Katie Paul reports, citing the company's weekly employee Q&A session recording.Reference Link ShowHide Related Items >><<
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CVS Health exec sells $13.2M in common stock »
18:54 06/30/22 06/3018:54 06/30/2218:54
CVS
CVS Health
In a regulatory filing,… In a regulatory filing, CVS Health disclosed that its General Counsel Thomas Moriarty sold 138.6K shares of common stock on June 28th in a total transaction size of $13.2M. ShowHide Related Items >><<
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General Motors scraps plan to sell India car plant to Great Wall, Reuters says »
18:37 06/30/22 06/3018:37 06/30/2218:37
GM
General Motors
General Motors has… General Motors has decided not to sell a shuttered Indian plant to China's Great Wall Motor after they failed to obtain regulatory approvals, amid a tougher stance by New Delhi towards investments from Beijing, Reuter's Aditi Shah reports. GM struck a deal in January 2020 to sell the plant to Great Wall, with the Chinese SUV-maker expected to pay up to $300M as part of a broader plan to invest $1B to establish a presence in India's growing car market. Reference Link ShowHide Related Items >><<
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Zebra Technologies to pay $360M in patent-related settlement with Honeywell »
18:34 06/30/22 06/3018:34 06/30/2218:34
ZBRA
Zebra Technologies
Honeywell
The company states:… The company states: "On June 28, 2022, Zebra Technologies (ZBRA) and Honeywell International (HON) entered into a license and settlement agreement (the "Agreement") to resolve all patent-related litigation between the Company and Honeywell. Under the Agreement, the Company and Honeywell each deny liability and agreed to a mutual general release from all past claims; entered into a covenant not to sue for patent infringement; agreed to a payment by the Company to Honeywell for past damages of $360 million which will be charged in the Company's second quarter results and will be paid in equal quarterly installments over eight quarters; and entered into a royalty-free cross-license with respect to each party's existing patent portfolio for the lives of the licensed patents. The Agreement also provides for the Company and Honeywell to dismiss all pending IP litigation in U.S. district courts, the U.S. International Trade Commission, and various courts outside the U.S. between the parties." ShowHide Related Items >><<
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Periodicals
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American Airlines offers pilots almost 17% in pay hikes, CNBC says »
18:34 06/30/22 06/3018:34 06/30/2218:34
AAL
American Airlines
United Airlines
American Airlines (AAL)… American Airlines (AAL) CEO Robert Isom said the airline has offered its pilots pay increases totaling nearly 17% under a new contract, CNBC's Leslie Josephs reports, citing an internal video. The latest deal proposed to the pilots' union comes less than a week after United (UAL) and its pilots' unions came to a tentative pact that includes over 14% in total pay hikes over the next 18 months, the author notes. Reference Link ShowHide Related Items >><<
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User reports indicate problems at Twitter, Downdetector says
18:33 06/30/22 06/3018:33 06/30/2218:33
TWTR
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Mondelez' Enjoy Life Natural Brands recalls baked snack products »
18:29 06/30/22 06/3018:29 06/30/2218:29
MDLZ
Mondelez
The company states:… The company states: "Enjoy Life Natural Brands LLC announced today a voluntary recall, out of an abundance of caution, of a limited quantity of a select list of baked snacks products due to the potential presence of hard plastic pieces. The company became aware of this issue as a result of internal quality assurance surveillance. This recall is limited exclusively to the Enjoy Life products and Best By Dates listed in the grid below which are sold in retail stores and online in the United States and Canada. No other Enjoy Life Foods products are affected by this voluntary recall." ShowHide Related Items >><<
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Netflix price target lowered to $210 from $300 at Truist »
18:17 06/30/22 06/3018:17 06/30/2218:17
NFLX
Netflix
Truist analyst Matthew… Truist analyst Matthew Thornton lowered the firm's price target on Netflix to $210 from $300 and keeps a Hold rating on the shares. The analyst said that, for Q2, he is roughly inline on members, slightly below on revenue, and inline on EBIT. For Q3, Thornton said he is roughly inline on members and below on revenue and EBIT. ShowHide Related Items >><<
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Celldex presents positive Phase 1b interim data from barzolvolimab »
18:12 06/30/22 06/3018:12 06/30/2218:12
CLDX
Celldex
Celldex announced interim… Celldex announced interim data from the company's ongoing Phase 1b clinical trial of barzolvolimab in patients with moderate to severe chronic spontaneous urticaria - CSU - refractory to antihistamines. CSU is characterized by the occurrence of hives or wheals for 6 weeks or longer without identifiable specific triggers or causes. Multiple doses of barzolvolimab resulted in dose-dependent decreases in itch and hives with a mean UAS7 reduction of 66.6% in all patients in the 1.5 mg/kg dose group at week 12 and 75.1% in all patients in the ongoing 3.0 mg/kg dose group at week 8, demonstrating meaningful symptom improvements for patients. Complete response was 57.1% for the 1.5 mg/kg dose group at week 12 and 44.4% in the 3.0 mg/kg dose group at week 8. 42% of patients treated with barzolvolimab had prior omalizumab and had similar symptom improvement as overall population. Administering multiple doses of barzolvolimab demonstrated a favorable safety profile, supporting Phase 2 clinical development. ShowHide Related Items >><<
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Takeda's Takhzyro reports Phase 3 data of Takhzyro in HAE attacks »
18:07 06/30/22 06/3018:07 06/30/2218:07
TAK
Takeda Pharmaceutical
Takeda announced… Takeda announced late-breaking data from the Phase 3 SPRING study presented at the European Academy of Allergy and Clinical Immunology Hybrid Congress 2022, demonstrating positive results of Takhzyro for preventing hereditary angioedema - HAE - attacks in patients 2 to less than12 years of age, which were consistent with earlier studies in adult and adolescent patients. There are currently no long-term prophylactic treatments approved for HAE patients younger than 6 years. The primary objective of the open-label, multicenter, Phase 3 SPRING study was to evaluate the safety and pharmacokinetics of Takhzyro in patients aged 2 to less than12 years with HAE. Clinical outcomes - prevention of HAE attacks - were measured as a secondary objective. Takhzyro reduced the rate of HAE attacks in children by a mean of 94.8% compared to baseline. 76.2% of patients were attack-free during the 52-week treatment period. No deaths or serious treatment-emergent adverse events were reported during the study, and no patients withdrew from the study due to TEAEs. These results are consistent with the favorable efficacy and safety profile of Takhzyro observed in earlier studies with adult and adolescent patients. These data will be submitted to global regulatory authorities to evaluate a potential label expansion for Takhzyro to include the younger patient population. ShowHide Related Items >><<
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Emerson acquires life sciences company Fluxa, no terms »
17:56 06/30/22 06/3017:56 06/30/2217:56
EMR
Emerson Electric
Emerson announced it has… Emerson announced it has acquired Fluxa.The acquisition builds on Emerson's leading software and solutions portfolio and life sciences expertise. Emerson made an equity investment in Fluxa, which is based in Glendale, California, in 2021. Fluxa accelerates the speed to market for new therapies by helping drug development and manufacturing organizations harness the power of collaboration and data across sites, functions and processes. The acquisition of Fluxa's PKM software will provide customers a unique solution, integrated with Emerson's industry leading DeltaV control system and life sciences automation software, accelerating the development of new drug therapies into production. "The life sciences industry has grown rapidly, and speed to market has become increasingly important since the emergence of COVID-19," said Mark Bulanda, Executive President of Emerson Automation Solutions. "Emerson's automation solutions and market leadership, combined with Fluxa's software, automates technology transfer in one step, giving bio-pharmaceutical companies unprecedented agility to get therapies safely to patients during this critical time." ShowHide Related Items >><<
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Initiation
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Cousins Properties initiated with a Peer Perform at Wolfe Research »
17:44 06/30/22 06/3017:44 06/30/2217:44
CUZ
Cousins Properties
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Embraer signs agreement with Toyota do Brasil »
17:44 06/30/22 06/3017:44 06/30/2217:44
ERJ
Embraer
Toyota
Embraer (ERJ) signed an… Embraer (ERJ) signed an agreement with Toyota do Brasil in order to embrace Toyota Production System principles and concepts in its industrial operations. The initiative aims to eliminate waste, obtain operational efficiency, and increase value generation for stakeholders. During the first phase of this joint work, a team of TPS specialists from Toyota (TM) Brazil will immerse themselves in Embraer's daily work to evaluate and suggest improvements for the company's main manufacturing area at the Ozires Silva Unit, located in Sao Jose dos Campos, Sao Paulo. ShowHide Related Items >><<
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New York state denies air permit for Bitcoin mining facility, Verge says »
17:41 06/30/22 06/3017:41 06/30/2217:41
BTC
Bitcoin
Bitcoin
Bitcoin
New York state has denied… Story temporarily locked. ShowHide Related Items >><<
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