Seelos Therapeutics Appoints Richard Pascoe As Chairman Of The Board
(RTTNews) - Biopharmaceutical company Seelos Therapeutics, Inc. (SEEL) announced Monday the appointment of Richard Pascoe as Chairman of the Board of Directors of Seelos to lead the ongoing strategic process and business development discussions and negotiations.
Pascoe has served as member of the Seelos board since 2019.
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Seelos Therapeutics Says Received Minutes From End Of Phase II Meeting With FDA
Biopharmaceutical company Seelos Therapeutics, Inc. (SEEL) announced Monday the receipt of minutes from its End of Phase II Meeting with the U.S. Food and Drug Administration or FDA that highlights the modifications to the primary and secondary endpoints of its Phase II Study of SLS-002.
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TSX Ends On Strong Note
The Canadian market ended on a strong note on Friday thanks to some brisk buying at several counters in late afternoon trades. Optimism about interest rate cuts by the Bank of Canada and the Federal Reserve helped underpin sentiment.
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Dollar Sheds Ground Against Major Counterparts
The U.S. dollar turned in a weak performance against its major rivals on Friday on bets the Federal Reserve will likely cut interest rate in September after a reading of the nation's consumer price inflation came in line with estimates.
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Swiss Market Ends On Buoyant Note
The Switzerland market ended on a strong note on Friday as stocks kept moving higher and higher during the day's session thanks to sustained buying support amid bets several central banks will start cutting interest rates soon.
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European Stocks Close Higher After Choppy Session
European stocks closed higher on Friday with investors digesting eurozone inflation data, and a report on U.S. personal income & spending, and looking ahead to the European Central Bank's monetary policy announcement next week.
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U.S. Dollar Declines As PCE Data Cements Rate Cut Bets
The U.S. dollar moved down against its major counterparts in the New York session on Friday, as the nation's consumer prices increased in line with economist estimates in April, raising the possibility of a rate cut from the Federal Reserve in September.
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Canadian Market Modestly Lower; Bank Stocks Lose Ground On Earnings
Despite optimism about an interest rate cut by the Bank of Canada in June, the Canadian market remains weak a little past noon on Friday as data showing a less than expected growth of the nation's GDP weigh on sentiment.
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Tesla Recalls Over 125K Vehicles For Seat Belt Warning Issue
Tesla Inc. (TSLA) is recalling 125,227 cars in the U.S. due to a software and sensor issue that prevents the seat belt warning system from activating, which may potentially increase the risk of injury in a collision, according to a statement by the National Highway Traffic Safety Administration (NHTSA) on Friday.
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