Category Archives:
Biogen to buy Reata for $6.5 billion to bulk up rare disease portfolio
(Reuters) - Biogen said it would buy biotech firm Reata Pharmaceuticals for roughly $6.5 billion to expand its presence in the rare disease drugs market. Biogen will pay $172.50 per share in cash, whi...
Jul 28, 2023
UPDATE: Peoria County’s coroner is reporting a heat-related death
UPDATED 12:29 P.M. PEORIA, Ill. – The heat is to blame for a Peoria woman’s death. Coroner Jamie Harwood says Henrietta Moore, 53, had chronic and pre-existing health problems that were ex...
Jul 28, 2023
Bearish traders swarm AMC options as stock conversion plan faces doubts
By Saqib Iqbal Ahmed NEW YORK (Reuters) - Shares of AMC Entertainment Holdings Inc have been hit by a wave of bearish options bets amid uncertainty over the company's stock conversion plan. The one-mo...
Jul 28, 2023
Rheinmetall plans tank repair centre in Ukraine after summer break -CEO
BERLIN (Reuters) - Germany's Rheinmetall plans to set up a repair centre in Ukraine for Leopard tanks and other war equipment supplied by Berlin as early as late summer, the industrial group's chief e...
Jul 28, 2023
P&G beats quarterly results on steady demand, higher pricing
(Reuters) -Procter & Gamble beat analysts' estimates for quarterly sales and profit on Friday, as the consumer goods giant benefited from multiple price hikes and resilient demand for its cleaning pro...
Jul 28, 2023
Enphase Energy slumps as lukewarm US demand weighs on revenue forecast
(Reuters) - Shares of Enphase Energy slumped 17% in premarket trading on Friday, after the solar inverter maker's third-quarter revenue target fell well short of analyst estimates due to weak demand. ...
Jul 28, 2023
JPMorgan maintains “bearish view” on yen after BOJ shift
LONDON (Reuters) - JPMorgan's analysts said on Friday they were maintaining the investment bank's "bearish view" on the Japanese yen after Friday's move by the Bank of Japan (BOJ) to make its key yiel...
Jul 28, 2023
Exxon posts 56% profit slump, joins peers in energy price hit
By Sabrina Valle HOUSTON (Reuters) - Exxon Mobil Corp joined its rivals reporting a 56% slump in second quarter profit from a year ago, hurt by a drop in energy prices, in line with the midpoint of th...
Jul 28, 2023
Chevron expects annual production at low-end of prior forecast
(Reuters) -Chevron Corp said on Friday that its annual production forecast was near the low-end of its previously estimated range. For the current quarter, Chevron said it was expecting upstream turna...
Jul 28, 2023
Investors bought bonds, stocks and inflation hedges in busy cenbank week-BofA
By Samuel Indyk LONDON (Reuters) - Investors flocked to stocks and bonds in the week to Wednesday, Bank of America global research said in a report on Friday citing EPFR data. Ahead of policy announce...
Jul 28, 2023
Peoria, IL, USA
52 °F Overcast
