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Bay Street Looks Set To Open On Firm Note
Higher Canadian and U.S. futures, and firm crude oil prices point to a positive start for the Canadian market on Monday.
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vor 866 Tagen
Codiak BioSciences Voluntarily Files For Bankruptcy Protection
Biopharmaceutical company Codiak BioSciences, Inc. (CDAK) announced Monday that it has voluntarily filed for protection under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware and will seek to pursue a sale process for its assets which is intended to maximize the value of the Company.
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vor 866 Tagen
Cyclerion Gets FDA Orphan Drug Designation For Zagociguat For Mitochondrial Diseases
Biopharmaceutical company Cyclerion Therapeutics, Inc. (CYCN) announced that the U.S. Food and Drug Administration (FDA) has granted orphan drug designation to zagociguat (previously CY6463) for the treatment of mitochondrial diseases.
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vor 866 Tagen
Aptorum Group Inks Non-binding LoI And Term Sheet To Buy 100% Of URF Holding Group
Aptorum Group Ltd. (APM) announced Monday that it entered into a non-binding Letter of Intent and Term Sheet for the acquisition of 100% of URF Holding Group Ltd. and its underlying businesses by the further issuance of the Company's class A ordinary shares as consideration.
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vor 866 Tagen
Clearlake Capital Submits Non-binding Proposal To Acquire Blackbaud For $71/Shr Cash
Clearlake Capital Group, L.P. announced Monday that it has submitted a non-binding proposal for Clearlake to acquire all of the outstanding shares of cloud software platform Blackbaud, Inc. (BLKB) for $71.00 per share in cash. Clearlake is Blackbaud's single largest stockholder
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vor 866 Tagen
German Business Sentiment Strengthens Despite Banking Sector Turbulence
Germany's business confidence unexpectedly strengthened in March underpinned by robust improvement in expectations despite turbulence in the global banking sector, a closely watched survey suggested on Monday. The business climate index rose to 93.3 in March from 91.1 in February, data from the Munich-based ifo institute showed. The score improved for the fifth consecutive month.
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vor 866 Tagen
Sensex, Nifty End Slightly Higher On Easing Banking Concerns
Indian shares eked out modest gains on Monday, reflecting gains in Europe and U.S. stock futures, as jitters in the banking sector eased.
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vor 866 Tagen
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Pound Appreciates On Easing Banking Concerns
The pound climbed against its most major counterparts in the European session on Monday, as European shares rose following the acquisition of Silicon Valley Bank by First Citizens Bank.
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vor 866 Tagen
Elkhorn Valley Packing Recalls Boneless Beef Chuck Products
Kansas -based Elkhorn Valley Packing has recalled around 3,436 pounds of boneless beef chuck product citing possible E. coli O103 contamination, the U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS said. The recall involves various weights corrugated boxes containing "Elkhorn Valley Pride Angus Beef 61226 BEEF CHUCK 2PC BNLS; Packed on 2/16/23."
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vor 866 Tagen
Yen Falls Amid Risk Appetite
The Japanese yen weakened against other major currencies in the European session on Monday, as investor sentiment improved on banking concerns ease.
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vor 866 Tagen
European Shares Rise As Bank Worries Ebb
European shares opened on a steady note Monday as an agreement for the takeover of the assets of failed Silicon Valley Bank (SVB) helped ease fears of a global banking crisis.
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vor 866 Tagen
First Citizens Bank To Buy Silicon Valley Bank's Deposits, Loans From FDIC
The Federal Deposit Insurance Corp. or FDIC announced an agreement, underwhich First-Citizens Bank & Trust Co., affiliated to First Citizens BancShares, Inc., will buy all deposits and loans of Silicon Valley Bridge Bank, N. A. out of FDIC receivership. The FDIC has been Silicon Valley Bank's receiver after it was collapsed and closed by the New York State Department of Financial Services.
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vor 866 Tagen
Asian Shares Mixed As China Data Disappoints
Asian shares ended mixed on Monday as banking worries swirled and China industrial profits data disappointed.
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vor 866 Tagen
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