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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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Beam Therapeutics To Streamline Business Operations; To Cut About 20% Jobs
Biotechnology company Beam Therapeutics Inc. (BEAM) announced Thursday their portfolio priorities and plans to streamline its business operations to support potential near-term value drivers and long-term growth.
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Kingfisher Q1 Sales Rise, Says Confident Of FY25 View; But Stock Down
Home improvement retailer Kingfisher Plc reported Wednesday higher sales in its first quarter, benefited by improved results in UK & Ireland. Meanwhile, sales in France and Poland declined, and the company maintained its fiscal 2025 outlook. On the London Stock Exchange, Kingfisher shares were losing around 3.5 percent.
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Bay Street Likely To Open On Mixed Note
Canadian shares are likely to open on a mixed note Wednesday morning with investors tracking global cues and reacting to earnings from major Canadian banks. Investors are also awaiting earnings update from U.S.
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FTSE 100 Down Marginally
UK stocks are marginally down in lackluster trade on Wednesday as investors look for directional clues after recent gains following U.S. President Donald Trump deciding to pause the recently announced 50% tariffs on imports from EU, paving the way for further trade negotiations.
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German Unemployment Rises More Than Expected
Joblessness in Germany increased more than expected in May as a weak economy continued to impede job creation, official data revealed on Wednesday. The number of unemployed increased sharply by 34,000 in May compared to April's rise of 6,000, the Federal Employment Agency said. Economists expected a monthly increase of 12,000.
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CAC 40 Down Marginally In Lackluster Trade
French stocks are moving in a tight range in cautious trade on Wednesday as investors digest a slew of domestic economic reports, and continue to assess the impact of Trump administration's trade policy on global economic growth.
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vor 4Std 32 Minuten
Sensex, Nifty End Lower; ITC Falls Over 3% After BAT's Stake Sale
Indian shares ended modestly lower on Wednesday, extending losses for a second straight session in the wake of fund outflows due to large block deals and increased primary market activity.
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vor 4Std 42 Minuten
DAX Modestly Lower In Cautious Trade
German stocks are modestly lower on Wednesday with investors mostly making cautious moves, looking for directional clues after recent gains on the back of U.S. President Donald Trump's decision to pause tariffs on EU goods till July 9th.
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