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MultiPlan Shares Surge 59% on Debt Refinance Agreement
MultiPlan surged 59% after refinancing and extending the maturities of its entire debt capital structure. Shares were trading around $10 mid-morning Tuesday. The stock is down 85% on the year. The ...
Bruker to Seek Injunction, Appeal After Court Sides with 10x Genomics in Patent Dispute
Todd Garland, president of Bruker spatial biology division, said the company expects to promptly seek a stay of any injunction that is finally ordered in the case involving NanoString's GeoMx products ...
Slate Office REIT Brings Management In-House, Changes Name
Slate Office Real Estate Investment Trust said Tuesday that it will internalize its management and change its name to Ravelin Properties REIT. The REIT said it has taken steps to accelerate the ...
Achilles Therapeutics Sells Technology Assets to AstraZeneca for $12 Million
Achilles Therapeutics has sold certain technology assets to drug giant AstraZeneca for $12 million following a review of strategic alternatives by the clinical-stage biopharmaceutical company.
Republicans succeed in clawing back more IRS tax-cheat enforcement funds. For now.
The IRS estimates there will be 8,000 fewer audits of wealthy taxpayers and businesses though 2029 without the sidelined ...
OS Therapies Shares Jump on $6 Million Private Placement
Shares of OS Therapies climbed after the company said it has agreed to sell 1.5 million units to investors at $4 apiece in a private placement. The stock was up 17.5% at $4.44 in early trading. Shares ...
Tech in driver's seat as 'Santa Claus' rally period gets under way
Stocks were mostly higher in the early going of a holiday-shortened session Tuesday, with tech-related shares leading the way as the so-called Santa Claus rally period gets under way. The phenomenon ...
Stocks open slightly higher
Stocks were up slightly at the opening bell, kicking off the so-called Santa rally period with gains. Trading conditions were expected to be thin with stocks set to close early at 1 p.m. ET and bonds ...
Space stock Intuitive Machines continues rally, lifted by NASA contracts
Shares of space-exploration company Intuitive Machines Inc. continued their rally Tuesday, rising 1.5% in premarket trading, putting the stock on pace for a three-day winning streak. The stock ended ...
Buy this space stock as it is a ‘pillar of long-term lunar infrastructure’
Space-exploration company Intuitive Machines Inc.’s banner year is continuing. On Monday the Houston-based company announced ...
Another stock-market factoid that makes 2024 stand out
Here's another factoid that helps underscore just how powerful the momentum driving the stock market has become. Since the start of 2024, the S&P 500 has never once closed below its 200-day moving ...
10-year Treasury yield hits fresh 7-month high during holiday-shortened session
Treasury yields continued to climb on Tuesday, with the 10-year note pushing above the closely watched 4.60% level in recent trade during a holiday-shortened Christmas Eve session. The yield on the ...