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Aethlon Inks Materials Transfer Deal For Santersus' NucleoCapture And HemoNucleoCapture Devices
Medical therapeutic company Aethlon Medical, Inc. (AEMD) announced Wednesday that it entered into a Materials Transfer Agreement (MTA) with Santersus AG, a Zurich-London based, privately held therapeutic medical device company, for Santersus' NucleoCapture and HemoNucleoCapture devices.
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Medical Properties Trust Q4 Net Loss Sharply Widens
Medical Properties Trust, Inc. (MPW) reported Wednesday a fourth-quarter net loss attributable to stockholders of $663.94 million or $1.11 per share, sharply wider than $140.47 million or $0.24 per share prior-year quarter.
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Verisk Guides FY24 Adj. EPS Below View As Q4 Adj. EPS Misses Estimates; Boosts Dividend 15%
Verisk Analytics, Inc. (VRSK), a data analytics and technology provider, reported Wednesday that net income attributable to Verisk for the fourth quarter was $174.0 million or $1.20 per share, compared to $61.1 million or $0.39 per share in the prior-year quarter.
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Japan Govt Cuts Economic View On Spending, Industrial Output
Japan's government downgraded its view on the economy for the first time in three months, citing weaker consumer spending and industrial production. In the February monthly report released Wednesday, the Cabinet Office said, "The Japanese economy is recovering at a moderate pace, although it recently appears to be pausing."
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Gibraltar Industries Q4 Adj. EPS Meets Estimates; Guides FY24 In Line
Gibraltar Industries, Inc. (ROCK) reported Wednesday that net income for the fourth quarter soared to $19.43 million or $0.63 per share from $3.35 million or $0.11 per share in the prior-year quarter.
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Clean Harbors Provides Q1, FY24 Adj. EBITDA Outlook
While reporting its financial results for the fourth quarter on Wednesday, Clean Harbors Inc. (CLH, CLHB) initiated its adjusted EBITDA and adjusted free cash flow guidance for the full-year 2024. The company also provided outlook for the first quarter.
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Emergent BioSolutions Appoints Joseph Papa As President And CEO
Specialty biopharmaceutical company Emergent BioSolutions Inc. (EBS) announced Wednesday that its Board of Directors has appointed Joseph Papa as president and CEO, effective February 21, 2024.
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Bay Street Likely To Open On Mixed Note
Subdued commodity markets and European stocks point to a mixed start for Canadian shares on Wednesday. The focus will be on the release of the minutes of the Federal Reserve's most recent monetary policy meeting, due later in the day.
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Gildan Activewear Q4 Results Top Estimates: Guides FY24 Adj. EPS In Line; Boosts Dividend 10%
Basic apparel maker Gildan Activewear, Inc. (GIL, GIL.TO) reported Wednesday that net earnings for the fourth quarter soared to $153.3 million or $0.89 per share from $83.9 million or $0.47 per share in the prior-year quarter.
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Wolverine World Wide Guides FY24 Below Estimates As Q4 Adj. EPS Misses Estimates
While reporting financial results for the fourth quarter on Wednesday, Wolverine World Wide, Inc. (WWW) initiated its earnings, adjusted earnings and revenue guidance for the full year 2024 for the ongoing business, excluding the impact of Sperry, which was sold in January 2024.
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UK Budget Surplus Hits Record High
Britain registered a record budget surplus in January on self-assessed tax but the excess remained below the government's estimate, official data revealed Wednesday. Public sector net borrowing, or PSNB, excluding public sector banks was in surplus by GBP 16.7 billion in January, the Office for National Statistics reported Wednesday.
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HSBC Stock Down On Q4 Loss, Cautious View For FY24 Banking NII
Shares of HSBC Holdings Plc were losing around 8 percent on the London Stock Exchange as well as in pre-market activity on the NYSE after the British lending major reported a net loss in its fourth quarter, while pre-tax profit plunged from last year, hit mainly by a hefty impairment charge related to China division. Revenues were weak, while Banking net interest income increased.
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Sensex, Nifty End Lower; IT And PSU Stocks Suffer Heavy Losses
Indian shares finished notably lower on Wednesday, giving up early gains as investors awaited the release of minutes from the Federal Reserve's monetary policy meeting later in the day for further clarity on when the U.S. central bank will start to cut interest rates.
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