DraftKings Stock Gains As JPMorgan Upgrades The Co. Shares of DraftKings Inc. (DKNG) are gaining nearly 3% after analysts at JPMorgan Chase & Co. upgraded the stock. DKNG is currently trading at $28.17, up $0.81 or 2.96%, on the Nasdaq. The stock opened its trading at 28.50 after closing Monday’s trading at $27.36. The stock […]
Alfasigma To Acquire Intercept Pharma Fo $19 Per Share In Cash Italy’s pharma company Alfasigma S.p.A announced on Tuesday that it has signed a definitive agreement to acquire Intercept Pharmaceuticals Inc. (ICPT) for $19.00 per share in cash. The purchase price represents a premium of 82% to Intercept’s closing stock price on September 25. The […]
Close Brothers FY23 Profit Before Tax Falls; Lifts Dividend Close Brothers Group plc (CBG.L), a merchant banking company, on Tuesday reported lower profit before tax for fiscal 2023, despite growth in interest income. For the full year, operating profit before tax decreased to 112 million pounds from 232.8 million pounds last year, driven by higher […]
Gold Edges Higher In Cautious Trade Gold prices showed resilience on Friday despite lingering uncertainty over the Federal Reserve’s rate trajectory. Spot gold rose 0.3 percent to $1,925.52 per ounce, while U.S. gold futures were up 0.3 percent at $1,945.15. Bullion prices traded higher despite a stronger dollar and firmer Treasury yields after the U.S. […]
Southern Power Acquires Millers Branch Solar Facility From EDF Renewables For Undisclosed Sum The Southern Co. (SO), an electric utility company, announced on Thursday that its unit Southern Power has acquired its 29th solar project from EDF Renewables. The financial details of the transaction were not divulged. The Millers Branch Solar Facility is a 200-megawatt […]
Driver shot and killed in overnight Arapahoe County carjacking The Arapahoe County Sheriff’s Office is searching for four suspects after a person was killed in an overnight carjacking. The carjacking happened in the 7400 block of East. Harvard Avenue, according to a 1:09 a.m. post on X. The victim was shot and killed, and the […]
Boston Scientific To Acquire Relievant Medsystems Medical technology company Boston Scientific Corp. (BSX) announced Tuesday it has entered into a definitive agreement to acquire Relievant Medsystems, Inc., a privately-held peer. The transaction includes an upfront cash payment of $850 million and undisclosed additional contingent payments based on sales performance over the next three years. Relievant […]
Renishaw Plc FY Adj. Profit Declines; Revenue Up 3% Renishaw plc (RSW.L) reported that its fiscal year statutory profit before tax declined to 145.1 million pounds from 145.6 million pounds, previous year. Earnings per share was 159.7 pence compared to 165.4 pence. Adjusted profit before tax was 141.0 million pounds, a decline of 14%. Adjusted […]
These 9 Stocks Touched New Highs In the world of investing, timing is everything. Here are some healthcare stocks that touched new 52-week highs yesterday. If you have been following our stock reports, you would have noticed that we had profiled these very stocks long before they hit their recent highs. Ticker Published Date Published […]
European Economic News Preview: UK Unemployment Data Due Unemployment from the UK and economic sentiment survey results from Germany are the top economic news due on Tuesday. At 2.00 am ET, the Office for National Statistics releases UK labor market statistics. The ILO jobless rate is forecast to rise to 4.3 percent in three months […]