Market Watch

Frontier Communications Renews Content Distribution Deal with EPIX

Frontier Communications Renews Content Distribution Deal with EPIX

April 17, 2017 at 12:09 pm 0 comments

Entertainment network EPIX said Monday that it has renewed its distribution agreement under it provides Frontier Communications (FTR) customers with access to its entertainment content. Terms of the agreement were not disclosed. Metro-Goldwyn-Mayer announced earlier this month that it will acquire full ownership of EPIX, having reached an agreement to acquire the interests held by joint venture partners Viacom (VIA),Read More

Anthera Pharmaceuticals Completes Dosing in Phase 2

Anthera Pharmaceuticals Completes Dosing in Phase 2

April 10, 2017 at 11:31 am 0 comments

Anthera Pharmaceuticals has completed patient dosing in its randomized, double-blind, placebo controlled, phase 2 BRIGHT-SC study of blisibimod in patients with IgA nephropathy (IgAN), the company said Monday. Shares were up 8.7% or three cents in recent pre-market trade. IgA nephropathy (IgAN, also known as Berger’s disease) is the most common cause of primary glomerulonephritis worldwide, occurring more frequently inRead 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

Diffusion Pharma Secures U.S. Patent

Diffusion Pharma Secures U.S. Patent

April 4, 2017 at 10:58 am 0 comments

Diffusion Pharmaceuticals gained in premarket trading after the clinical stage biotechnology company, said a key patent has been issued by the U.S. Patent and Trademark Office (USPTO) for its lead drug candidate trans sodium crocetinate (TSC). Shares rose as much as 25%. The U.S. patent was entitled “Bipolar Trans Carotenoid Salts and Their Uses.” It expands coverage of the therapeuticRead More

MidEast Shares Mostly Higher

MidEast Shares Mostly Higher

March 30, 2017 at 12:32 pm 0 comments

MidEast shares mostly rose, with Kuwait rebounding from early session losses on bargain hunting. Investors are seen mixed on Kuwait, with some seeing the index as fairly valued while others are positive on the Kuwaiti government’s strong financial position. In company news, Yanbu National Petrochemical said it plans to shutdown temporarily two of its facilities. The financial impact was estimatedRead More

Ford Motor Company Shares Gain

Ford Motor Company Shares Gain

March 28, 2017 at 12:17 pm 0 comments

Ford Motor Company shares were up 2.8% after the company said it is investing $1.2 billion in three Michigan manufacturing facilities. The car maker it is investing $850 million in Michigan Assembly Plant to retool the plant to build the all-new Ford Ranger and Ford Bronco. Employees at Michigan Assembly Plant will begin building Ranger at the end of 2018Read More

Philip Morris Unveils Positive Results on Clinical Study

Philip Morris Unveils Positive Results on Clinical Study

March 27, 2017 at 11:41 am 0 comments

Philip Morris International reported pre-market Monday positive results from a clinical study conducted in Japan on its first electronically heated tobacco product IQOS. The study showed that smokers who switched to the product reduced their exposure to 15 harmful chemicals to levels that approached those of individuals who quit smoking. The study also showed improvements in indicators specific to smoking-relatedRead More