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Reddit strikes a deal to license its content to OpenAI, GameStop and AMC Entertainment trade higher, reversing course from Thursday’s declines, and DXC sees revenue fall from a year ago.Read the full ...
Reddit strikes a deal to license its content to OpenAI, GameStop and AMC Entertainment trade higher, reversing course from Thursday’s declines, and DXC sees revenue fall from a year ago.Read the full ...
Meta is looking to revamp Facebook's image as a place for younger Gen. Z users.
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The bird was rushed to a veterinary hospital, but its injuries were too severe to make a recovery.
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Pound-for-pound No 1 Islam Makhachev defends the lightweight title against fan favourite Dustin Poirier
Deontay Wilder vs Zhilei Zhang headlines a 5 vs 5 event between Matchroom and Queensberry
NEW YORK, June 01, 2024 (GLOBE NEWSWIRE) -- Y-mAbs Therapeutics, Inc. (the “Company” or “Y-mAbs”) (Nasdaq: YMAB), a commercial-stage biopharmaceutical company focused on the development and commercialization of novel radioimmunotherapy and antibody-based therapeutic products for the treatment of cancer, today announced the publication of preclinical GD2-SADA data at the 2024 American Society of Clinical Oncology (“ASCO”) Annual Meeting, taking place May 31 through June 4, 2024, in Chicago, IL. T
It was a busy week for mergers and acquisitions in the oil and gas industry. Hess (HES) shareholders approved plans to be acquired by competitor Chevron (CVX). A move that was first announced in October 2023. ConocoPhillips (COP) also reached an agreement to acquire Marathon Oil (MRO) in a $17.1 billion all-stock deal. These big energy deals signal a larger trend in the oil industry: a handful of larger companies gobbling up the lion share of the industry space. Will these M&A activities face regulatory scrutiny? Will these growing industry titans face antitrust enforcement? Here is what you need to know. Hess shareholders agreed to a $53 billion acquisition by Chevron, Yahoo Finance's Ines Ferre covering the shareholder vote reports: "A Chevron spokesperson saying after this vote: 'We are pleased that a majority of Hess shareholders have voted to approve the merger. We anticipate moving the FTC regulatory process towards its conclusion in the coming weeks.'" However, Chevron may not be out of the woods yet, as they face serious opposition from competitor ExxonMobil (XOM). The two oil companies are fighting for the rights over a lucrative oil reserve in the Guyana coast (bordering Venezuela). Yahoo Finance's Alexis Keenan summarizes: "Now Exxon has about 45% share in that particular asset, Hess at 30%, and a China state-owned company owning 25%. What Exxon is saying is that its majority stake gives them the right to counter whatever Chevron would be offering for Hess's stake." With the Guyana coast oil reserve being the crown-jewel asset of this transaction between Chevron and Hess, Exxon's right of first refusal could kill the deal entirely. ConocoPhillips is in talks to acquire Marathon Oil for $17.1 billion in an all-stock-deal. Tortoise Portfolio Manager Rob Thummel explains: "Marathon Oil actually has one of the highest free-cash flow yields in the oil & gas space. When you merge these assets together, what ConocoPhillips gets is some good assets across the Bakken in North Dakota, across the Permian and the Eagle Ford in Texas, but it get's a lot of free cash flow." ConocoPhillips merging with Marathon Oil is indicative of a larger trend in the oil & gas industry; smaller oil companies acknowledge that they cannot compete with their more powerful and resource-rich competitors. Alpine Saxon Wood's Chief Market Strategist Sarah Hunt elaborates: "The reality on the ground is fossil fuels are going to be with us for a lot longer, but there has been a change in the way investors perceive them. I think this is all about consolidating into a smaller number of players in a very mature industry, that is looked at as something that is not going to last forever." The Dallas Federal Reserve surveyed industry executives in the oil & gas space in attempt to gauge the forecast for future M&A activities. Yahoo Finance's Ines Ferre reports: "Overwhelmingly they anticipate more mergers in the next two years. As one analyst told Yahoo Finance nobody wants to be too small to compete with the big guys." This article was written by Noah Chadwick
Johnny Depp's attorney Camille Vasquez and Amber Heard's attorney Elaine Charlson Bredehoft reflect on the controversial case
NON-REGULATORY PRESS RELEASE Oslo, June 1, 2024: Ultimovacs ASA (“Ultimovacs”) (OSE ULTI), a clinical-stage biotechnology company developing immunotherapeutic cancer vaccines, today announces that the data from the Phase II clinical trial INITIUM (NCT04382664), will be presented in a poster session at the 2024 ASCO Annual Meeting, taking place May 31 – June 4, 2024, in Chicago, IL & Online. The late-breaking abstract can be found on the 2024 ASCO website: https://meetings.asco.org/abstracts-pres
The major indexes suffered weekly losses but bulls battled back Friday afternoon. Tesla rivals and Nvidia CEO Huang are on tap this weekend.
NEW YORK, June 01, 2024--Nuvation Bio Inc. (NYSE: NUVB), a late clinical-stage, global biopharmaceutical company tackling some of the greatest unmet needs in oncology, announced that results from the pivotal Phase 2 TRUST-I study conducted in China evaluating taletrectinib, its investigational next-generation ROS1 tyrosine kinase inhibitor (TKI), were published today in the Journal of Clinical Oncology (JCO) and will be highlighted in an oral presentation at the 2024 American Society of Clinical
Key Insights The projected fair value for CMS Energy is US$61.29 based on Dividend Discount Model Current share price...
Key Insights Spectral Medical's Annual General Meeting to take place on 7th of June CEO Chris Seto's total compensation...
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NEW YORK, June 01, 2024 (GLOBE NEWSWIRE) -- Y-mAbs Therapeutics, Inc. (the “Company” or “Y-mAbs”) (Nasdaq: YMAB), a commercial-stage biopharmaceutical company focused on the development and commercialization of novel radioimmunotherapy and antibody-based therapeutic products for the treatment of cancer, today announced new interim data from the Phase 2 Trial 201 of naxitamab in combination with granulocyte-macrophage colony-stimulating factor (“GM-CSF”) in patients with relapsed or refractory hi
The divisive incident occurred nearly five hours into a long-haul flight, according to the man. Here's what a travel expert says should have happened
National Bank of Canada's ( TSE:NA ) dividend will be increasing from last year's payment of the same period to CA$1.10...