Financial News

Albireo Unveils Plans for Phase 3 Clinical Program

Albireo Unveils Plans for Phase 3 Clinical Program

May 18, 2017 at 11:44 am 0 comments

Albireo Pharma, Inc. was out Thursday with key study design details for a planned phase 3 program of lead product candidate, A4250, in patients with progressive familial intrahepatic cholestasis (PFIC) determined following consultations with the U.S. Food and Drug Administration and European Medicines Agency. PFIC is a rare and life-threatening genetic liver disorder for which there are currently no approvedRead More

Coca-Cola Company Signs Deal With Distributor Reyes

Coca-Cola Company Signs Deal With Distributor Reyes

May 16, 2017 at 12:24 pm 0 comments

The Coca-Cola Company has signed a new letter of intent with Reyes Holdings, a food and beverage distribution company, for territory in California and Nevada. The territory includes the metropolitan markets of Los Angeles, San Francisco, San Diego and Las Vegas, Reyes said in a statement. The agreement involves the west operating unit of Coca-Cola Refreshments, which is part ofRead More

European ADRs Trading Lower

European ADRs Trading Lower

May 11, 2017 at 11:39 am 0 comments

American depository receipts of European stocks were 0.8% lower at 132.43 on the Bank of New York Mellon Europe ADR Index on Thursday morning. Decliners in Continental Europe were led by Spanish telecommunication company Telefonica (TEF), 4.3% lower after reporting first-quarter earnings, which showed an overall increase in revenue despite sales contractions in its Spanish, German and UK businesses duringRead More

Bond Prices Give Up Some Gains

Bond Prices Give Up Some Gains

April 13, 2017 at 11:40 am 0 comments

U.S. Treasury prices further trimmed overnight gains Thursday as data improved and equities bumped into positive territory. Earlier traders booked profits in the initial leg lower. Overnight prices ticked through the highest levels since mid-November for much of the curve with the five-year leading. Data showed a surprise jump in consumer confidence while inflation measures were tamer than expected inRead More

Akoustis Technologies Secures Four Additional Patents

Akoustis Technologies Secures Four Additional Patents

April 12, 2017 at 11:59 am 0 comments

Akoustis Technologies said pre-market Wednesday that it has secured four additional patents in relation to its single-crystal piezoelectric materials, new bulk acoustic wave (BAW) resonators, wide-bandwidth RF filters and their application in mobile and other wireless devices. With these additional patents, the company said it now has 11 patents and various patents pending in the US and internationally. Two ofRead More

United Airlines Shares Drop

United Airlines Shares Drop

April 11, 2017 at 11:39 am 0 comments

Shares of United Continental Holdings, an airline holding company, fell nearly 4% as the fallout from a videotape showing a passenger being forcibly removed from the plane continued to reverberate. The company was vilified on social media Monday, and is facing further backlash after CEO Oscar Muniz’s letter defending employees was labeled “tone deaf” by the New York Post. MunozRead More

Visa Says Checkout Service Reaches Milestone

Visa Says Checkout Service Reaches Milestone

April 6, 2017 at 11:47 am 0 comments

Visa shares were slightly lower Thursday morning after the credit card company said its Visa Checkout service reached a milestone of more than 20 million enrolled customers. Visa Checkout is a service that enables consumers to pay on any internet-connected device with some of the world’s top merchants, the company noted. Visa also said that Visa Checkout will continue toRead More