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Beam Therapeutics CFO Terry-Ann Burrell To Resign
(RTTNews) - Biotechnology company Beam Therapeutics Inc. (BEAM) announced Monday that its chief financial officer, Terry-Ann Burrell, will be leaving the company effective August 9, 2024 to pursue a new opportunity as vice chairman of investment banking at JPMorgan Chase. She served as CFO since August 2019.
As part of a transition process, the company has initiated a search for a successor.
Prior to Beam, Burrell spent 11 years with J.P. Morgan, most recently as a Managing Director in the healthcare investment banking group. There, she had broad coverage across the biotechnology and pharmaceutical industries
Prior to J.P. Morgan, Burrell worked in equity research at Citigroup, where she covered specialty pharmaceuticals and generics.
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Euro Falls Against Majors
The euro weakened against other major currencies in the Asian session on Thursday.
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CAC 40 Down Nearly 1% On Growth Concerns
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Indian shares fell sharply on Thursday as a deteriorating U.S. fiscal outlook and poor response to the 20-year bond auction led to a spike in bond yields.
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Walmart To Cut 1,500 Corporate Jobs In Cost-cutting Efforts
Amid a challenging retail environment, due to fierce competition along with ongoing tariff issues, retail behemoth Walmart Inc. is planning to cut around 1,500 corporate jobs in the United States as part of its restructuring, media reported citing a memo.
The multinational chain of hypermarkets, discount department stores, and grocery stores' efforts to simplify its operations...
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German Ifo Business Sentiment Strengthens; Composite PMI Falls
German business confidence strengthened in May as companies became less concerned about uncertainties regarding trade tariffs, a closely watched survey showed Thursday. The Purchasing Managers' survey compiled by S&P Global today showed that the German private sector activity contracted the most in five months in May due to a deepening downturn in the service sector.
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European Shares Drift Lower With US Debt Concerns, PMI Data In Focus
European stocks traded lower on Thursday as investors reacted to a U.S. Treasury sell-off, mixed regional data and some disappointing earnings.
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