Roche buys Roivant’s bowel disease drug for $7.1 billion
(Reuters) – Roche on Monday said it will buy Telavant, a developer of a new treatment for inflammatory bowel diseases,…
Germany’s Volkswagen shares tumble after margin downgrade
(Reuters) – Volkswagen (ETR:VOWG_p) shares fell to their lowest since April 2020 on Monday after the German carmaker cut its…
European regulator approves Farfetch deal for YNAP, Richemont says
(Reuters) – European authorities have approved online luxury retailer Farfetch (NYSE:FTCH)’s purchase of a stake in rival Yoox (BIT:YNAP) Net-A-Porter…
Oil Prices May Surge Due to Middle East Conflict, Warns Allianz Trade
Ana Boata of Allianz (ETR:ALVG) Trade warned in an interview on Bloomberg TV on Friday of a potential surge in…
SolarEdge shares crash on Q3 warning; several analysts cut rating on limited visibility
SolarEdge Technologies (NASDAQ:SEDG) shares plunged about 25% in pre-market Friday trade after the solar company reported preliminary financial results for…
China’s troubled property sector to face more debt defaults
(Reuters) – More debt defaults are likely to emerge in China’s property sector as troubled developers struggle with a weak…
JPMorgan Chase Shows Resilience Amid Banking Sector Challenges
Major banks, including JPMorgan Chase (NYSE:JPM), Citigroup (NYSE:C), and Wells Fargo, have reported strong earnings on Friday, despite warnings of…
Global Stock Markets Falter Amid Rising US Treasury Yields and Potential Rate Hikes
On Friday, global stock markets, including those in the US and Europe, experienced declines due to rising US treasury yields…
Earnings Call: Great Southern Bancorp Reports Q3 2023 Earnings, Sees Dip In Net Interest Margin
Great Southern Bancorp (NASDAQ:GSBC), Inc. disclosed its third-quarter earnings for 2023, reporting a decrease in net interest margin and earnings…
Earnings Call: Heritage Financial Reports Solid Q3 2023 Earnings, Anticipates Low Single-Digit Loan Growth
Heritage Financial (NASDAQ:HFWA) Corporation (NASDAQ: HFWA) reported robust Q3 2023 earnings per share, surpassing consensus estimates. However, loan growth slowed…