Over a third of European foreign direct investment projects announced in 2019 have been either delayed or cancelled outright because of the coronavirus pandemic, an annual survey by professional services group EY found.
(RTTNews) - The South Korea stock market has finished higher in three straight sessions, soaring more than 60 points or 3 percent along the way. The KOSPI now sits just above the 2,030-point plateau and it may extend its gains again on Thursday.
HBO Max, the streaming service launched by AT&T's (NYSE: T) WarnerMedia, made its debut on Wednesday. The service, which is anchored by content from its namesake HBO, went live packing a $14.99 monthly price tag and a host of flagship programming.
What happened?
Shares of Brazilian steelmakers Companhia Siderurgica Nacional (NYSE: SID) and Gerdau (NYSE: GGB), and North American iron and steel producer Cleveland-Cliffs (NYSE: CLF) gained 12.9%, 13.4%, and 9.7%, respectively, on Wednesday. This marks a continued mini bul
What happened
Metal-maker stocks exploded higher on Wednesday, with shares of aluminum producers Alcoa (NYSE: AA) and Century Aluminum (NASDAQ: CENX) climbing 11.4% and 10.7%, respectively, while titanium producer Tronox (NYSE: TROX) closed 10.3% higher.
On the cusp of launching berotralstat as a treatment for hereditary angioedema in the U.S. and EU, BioCryst Pharmaceuticals (NASDAQ: BCRX) is planning to sell $100 million of stock in a secondary offering. The underwriters will have a 30-day option to purchase another $15 milli
(RTTNews) - Shares of Semtech Corp. (SMTC) gained over 15% on Wednesday's extended trading session after the semiconductor company's first-quarter results topped Wall Street estimates. The company also issued an outlook for the second quarter, which is expected to beat current e
A federal appeals court on Wednesday found in favor of technology companies Facebook (NASDAQ: FB), Twitter (NYSE: TWTR), Apple (NASDAQ: AAPL), and Google, a division of Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG), dismissing a suit that alleged the companies had engaged in a far-re
The U.S Food and Drug Administration said on Wednesday it had found high levels of a possible cancer-causing impurity in some versions of the popular diabetes drug metformin.
What happened
Shares of Spirit AeroSystems (NYSE: SPR) gained 10.7% on Wednesday, as key customer Boeing (NYSE: BA) restarted its 737 Max production line. Spirit's fortunes are closely tied to Boeing, its former parent, and the restarted production is good news for beleaguered S
(RTTNews) - Universal Corp. (UVV), Wednesday reported fourth-quarter net income of $15.6 million or $0.63 per share, compared with net income of $31.4 million, or $1.24 per share last year.
Doctors in hospitals across the Chilean capital Santiago said on Wednesday beds are fast running short as new coronavirus cases spike across the city, forcing urgent care wards to make tough decisions with patients flooding the system.
Progenity, which provides in vitro molecular diagnostic products for a variety of indications, filed on Wednesday with the SEC to raise up to $100 million in an initial public offering.
Progenity's current suite of products includes chromosomal and monogenic prenatal tests,
What happened
Shares of Moderna (NASDAQ: MRNA) plunged on Wednesday, following reports that several of the participants in its novel coronavirus vaccine trial suffered an adverse reaction to its experimental drug mRNA-1273.
In trading on Wednesday, shares of Micron Technology Inc. (Symbol: MU) crossed above their 200 day moving average of $48.36, changing hands as high as $49.58 per share. Micron Technology Inc. shares are currently trading up about 8% on the day. The chart below shows the one
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