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Cohen & Co. Swings To Net Profit In Q1; Revenues Soar
Financial services company Cohen & Co. Inc. (COHN) reported Monday net income attributable to Company for the first quarter of $2.02 million or $1.28 per share, compared to a net loss of $2.64 million or $1.77 per share in the prior-year quarter.
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vor 197 Tagen
Eurozone Private Sector Growth Accelerates In April
The euro area private sector growth accelerated to an 11-month high in April driven by the service sector, final survey results from S&P Global showed on Monday. The HCOB composite output index rose to 51.7 in April from 50.3 in the previous month. The flash estimate was 51.4.
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vor 197 Tagen
TC BioPharm Inks LOI To Acquire Privately-held CAR-T Therapy Innovator
Biotechnology company TC BioPharm (Holdings) plc (TCBP) announced Monday the execution of a non-binding letter of intent to acquire a privately-held biotechnology company pursuing the development of innovative Chimeric Antigen Receptor T-cell (CAR-T) therapies for the treatment of refractory cancers and solid tumors.
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vor 197 Tagen
BioAtla Says FDA Clears IND Application For BA3361 For The Treatment Of Multiple Tumors
Biotechnology company BioAtla, Inc. (BCAB) announced Monday that the U.S. Food and Drug Administration (FDA) has cleared its investigational new drug (IND) application to evaluate BA3361 (CAB-Nectin-4) antibody drug conjugate (ADC) for the treatment of multiple tumor types.
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vor 197 Tagen
Bristol Myers Says Type II Variation Application For Opdivo + Yervoy Granted EMA Validation
Bristol Myers Squibb Co. (BMY) announced Monday that the European Medicines Agency (EMA) has validated its Type II variation application for Opdivo (nivolumab) plus Yervoy (ipilimumab) for the first-line treatment of adult patients with microsatellite instability-high (MSI-H) or mismatch repair deficient (dMMR) metastatic colorectal cancer (mCRC).
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vor 197 Tagen
Bay Street Likely To Open On Firm Note
Higher Canadian and U.S. futures, and rising crude oil and bullion prices point to a positive start on Bay Street Monday morning. Optimism about rate cuts by the Fed and several central banks in Europe is also expected to aid market's rise.
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vor 197 Tagen
Healthcare Realty Inks Strategic JV Relationship Deal With KKR
Healthcare Realty Trust Inc. (HR) announced Monday that it has entered into a strategic joint venture (JV) relationship with KKR & Co. Inc.(KKR) to jointly own and invest in quality medical outpatient buildings.
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vor 197 Tagen
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BioNTech Slips To Loss In Q1
Immunotherapy company Biopharmaceutical New Technologies or BioNTech SE (BNTX) reported Monday a net loss of 315.1 million euros or 1.31 euros per share for the first quarter, compared to net profit of 502.2 million euros or 2.05 euros per share in the prior-year quarter.
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vor 197 Tagen
Eurozone Sentix Investor Confidence Rises For 7 Straight Months
Eurozone investor confidence improved for the seventh straight month in May to hit the highest level since February 2022 as both current situation and expectations rose in small but steady steps, a closely watched survey showed on Monday. The investor confidence index posted -3.6 in May, the behavioral research institute Sentix reported. The score was forecast to improve moderately to -4.8.
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vor 197 Tagen
Sensex, Nifty Give Up Early Gains To End Narrowly Mixed
Indian shares gave up early gains to end on a flat note Monday amid signs of escalating tensions in the Middle East.
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vor 197 Tagen
European Shares Gain On Solid Data, Rate Cut Hopes
European stocks eked out modest gains on Monday as weaker-than-expected April U.S. jobs report released on Friday boosted the case for rate cuts by the third quarter.
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vor 197 Tagen
CAC 40 Gains On US Rate Cut Optimism
French stocks were slightly higher on Monday as optimism over interest rate cuts returned to the fore, following weaker-than-expected U.S. jobs data released on Friday.
Also helping underpin sentiment, the latest HCOB PMI data produced by S&P Global showed that the French services economy began the second quarter of 2023 in expansion territory.
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vor 197 Tagen
DAX Edges Higher On Fed, ECB Rate Cut Hopes
German stocks traded slightly higher on Monday as weaker-than-expected April U.S. jobs report released on Friday along with separate data showing an unexpected contraction in U.S. service sector activity in April boosted the case for rate cuts by the third quarter.
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vor 197 Tagen
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