Flexion Therapeutics ( FLXN ) rocketed as much as 19% late Friday after gaining U.S. approval for injectable non-opioid drug Zilretta to treat osteoarthritic knee pain, a disease that accounts for north of $185 billion in spending per year.
In late afternoon trading on the stock market today , Flexion...
Back in April, I mentioned that I liked Citigroup Inc (NYSE:C) because it’s one of the most undervalued bank stocks and has the best chance to appreciate. Its total assets are very large, compared to its market price, and its price-to-book-value back then was around 0.80. Now, the price...
Anthony Wood, Roku CEO on IPO: 'Our goal is to power every TV in the world."
Amazon and Apple are not a threat to streaming platform Roku, its CEO told CNBC as the company gears up to begin trading on the Nasdaq on Thursday.
Roku aggregates different streaming providers, such as...
Chip designer Imagination Technologies Group plc announced late Friday, Sept. 22, that it will be acquired by Chinese private equity firm Canyon Bridge Capital Partners LLC for about £550 million ($745 million).
Shares surged as much as 30% on Monday.
Canyon Bridge will pay 182 pence per Imagination share, a 41.6%...
Sprint's (S) stock price is rising amid reports that it is nearing a deal to merge with rival T-Mobile US (TMUS).
Reuters reported on Friday that the telecommunications companies are close to agreeing to preliminary terms on a deal, citing sources close to the situation. A merger would unite Sprint,...
Shares of Nabriva Therapeutics more than doubled in premarket trading on Monday after the company said its experimental antibiotic for community-acquired bacterial pneumonia met the main goal of a late-stage study.
The clinical trial — the first of two late-stage studies — showed that the company's drug, lefamulin, was as...
Honda Motor Co Ltd said on Monday its has invested $267 million and will add 300 new jobs to support increased production of its revamped 2018 Accord sedan model at the Japanese automaker's plant in Marysville, Ohio.
Honda unveiled the newest-generation Accord in July, one of four re-engineered midsize sedans...
U.S. stocks continued to rise today, with the Dow Jones Industrial Average grabbing a fifth straight record close and its seventh consecutive win overall. The S&P 500 Index ( SPX ) and Nasdaq Composite (COMP) both hit record highs as well, with the former ending another day atop the...
Expedia's former CEO will meet with Uber employees Wednesday
Uber is facing severe competition in many areas.
Grab, the ride sharing company that's challenging Uber Technologies in Asia, secured its second major investment in as many months Wednesday after the world's biggest carmaker said it would take a stake in the...
Best Buy Crushes On Earnings, But CEO Puts A Chill On Shares
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Consumer electronics retailer Best Buy (BBY) early Tuesday reported better-than-expected fiscal second-quarter sales and earnings and guided analysts higher for the current quarter, but investors cast shares down sharply after the company's chief executive said same-store sales growth...