On A Mission As Top European Player, Galapagos Looks For Acquisition Targets
Galapagos NV (NASDAQ: GLPG) is reportedly looking for M&A deals with companies with products still in the preclinical or early stage of development. The former chief scientific officer of Johnson & Johnson (NYSE: JNJ) took the reins at the struggling Belgian biotech this year. Paul Stoffels is on a “mission,” Financial Times reported, to reinstate Galapagos as a top […]
EXCLUSIVE: The Psychedelics Debate Is ‘Raging’ As Filament Debuts Ayahuasca Pill
Part two of a three-part series. Previous story: Standardized Ayahuasca Pill Is Officially Here, Feast Yourself With The Exclusive Details & Insights When it comes to the ayahuasca pill, Filament Health (OTCMTKS: FLHLF) CEO Ben Lightburn says the product won’t just be for the pharmaceutical market. “Maybe the pharma market will be a relatively small […]
Lockheed Martin, Boeing Among US Defense Companies In Potential Talks For Military Gear For Vietnam
In a bid to reduce its dependence on Russian arms, some Vietnam government officials and U.S. defense firms are reportedly discussing the supply of military gear. The talks are preliminary and may not lead to any deals. Lockheed Martin Corp (NYSE: LMT), Boeing Co (NYSE: BA), Raytheon Technologies Corp (NYSE: RTX), Textron Inc (NYSE: TXT), and IM Systems Group met with the officials on […]
Siemens Healthineers, GE Healthcare Studying Potential Deals With Medtronic’s Spun Off Units
Siemens Healthineers AG (OTC: SMMNY) (OTC: SEMHF) and General Electric Company’s (NYSE: GE) healthcare arm are reportedly weighing the potential acquisition of Medtronic Plc’s (NYSE: MDT) two businesses being spun-off. Medtronic announced in October its intention to spin off the Patient Monitoring and Respiratory Interventions units within the next year to 18 months. Medtronic’s patient-monitoring and respiratory-intervention businesses are also … […]
CPI Data Leak? Traders Cry Foul Over Suspicious Market Action
The SPDR S&P 500 ETF Trust (NYSE: SPY) initially jumped more than 2.5% on Tuesday morning after the consumer price index inflation reading for November came in lower than expected. Yet the timing of the initial spike in the stock market has raised some eyebrows among seasoned traders. What Happened? About 60 seconds before the CPI […]
United Airlines And Boeing Poised To Ink Significant Order Agreement For 787s
United Airlines Holdings Inc (NASDAQ: UAL) plans to order Boeing Co’s (NYSE: BA) 787 Dreamliner next week, although the number of 787s United may order is unclear. Reuters reported that Boeing and United were close to reaching a deal last week. In August, United CEO Scott Kirby told pilots that the carrier plans to order more than 100 wide-body airplanes. […]
iPhone Users May End Up Paying More For Twitter Blue, EU Court Asks Google To Remove False Data, New York Times Employees Stage Walk Out On Pay Dispute: Top Stories Thursday, Dec. 08
Benzinga Elon Musk-Tim Cook Spat Not Over? iPhone Users May End Up Paying More Than $8 For Twitter Blue Elon Musk’s Twitter is reportedly planning to increase the price of Twitter Blue for Apple Inc (NASDAQ: AAPL) users. Some Twitter employees have been informed that the platform is planning to increase the pricing of Twitter […]
Eni Seeks To Buy Private Equity-Backed Neptune Energy For Around $6B: Report
Eni SpA (NYSE: E) is reportedly in preliminary talks to buy private-equity-backed gas and oil producer Neptune Energy for around $5 billion -$6 billion. Neptune produces around 130,000 barrels of oil equivalent per day (boed), primarily gas. Neptune is owned by China Investment Corporation (CIC), the Carlyle Group Inc (NASDAQ: CG), and CVC Capital Partners. Also Read: Read More
How Much Bitcoin Does Coinbase Really Have? CEO Brian Armstrong Responds To ‘FUD’ From CZ
Coinbase Global Inc (NASDAQ: COIN) CEO Brian Armstrong opened up his company’s balance sheet on Twitter after Binance CEO Changpeng “CZ” Zhao sewed some doubt regarding one of its partners. What Happened: CZ, in a since-deleted tweet, doubted that Grayscale, operator of the biggest bitcoin trust with Coinbase holding the assets, actually holds all the […]
Mirati Therapeutics Garners Interest From Large Pharmas Ahead Of Much Awaited Data Next Month
Mirati Therapeutics Inc (NASDAQ: MRTX) is reportedly amid fresh takeover interest from large pharmaceutical companies ahead of updates on its drug pipeline. For some time, the cancer-focused company has been weighing strategic options, including a potential sale. Related: Mirati’s Adagrasib Shows Promising Efficacy In KRAS Mutated Colorectal Cancer. Mirati is working with an adviser, and larger drugmakers […]