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U.S. media reported quoting Biden administration officials that Israel carried out a missile attack targeting Iran in retaliation for massive missile strikes last week. CNN and CBS News say the U.S. officials did not provide any information about the location or extent of the strike. Iranian media reported explosions near an airport and army base in the central province of Isfahan in the early h

Sony Pictures Entertainment, affiliated to Japanese conglomerate Sony Group Corp., is in discussions with US private equity group Apollo Global for making a joint takeover bid for entertainment giant Paramount Global, reports said citing people familiar with the matter. The talks are said to be in an early stage. Following the news, Paramount Global shares were gaining around 10.7 percent...

Roche (RHHBY) announced the FDA has approved Alecensa for adjuvant treatment following tumour resection for patients with anaplastic lymphoma kinase-positive non-small cell lung cancer. The company said Alecensa is now the first and only ALK inhibitor approved for people with ALK-positive early-stage...

Newport Beach, California - based Sammy's Milk has warned parents against the use of its Goat Milk Toddler Formula as an infant formula, as asked by the U.S. Food and Drug Administration or FDA. The company notes that the product is specifically formulated for children between the ages of 12 and 36 months, and not for infants under 12 months of age.

SK Telecom (SKM) announced a collaboration with Aptos Labs, Brevan Howard, and Microsoft to introduce Aptos Ascend, a comprehensive suite of institutional solutions for the global financial market. The partnership integrates SKT's Wallet-as-a-Service product and the secure Aptos blockchain to deliver...

Histogen Inc. (HSTO), a drug development company for treatment of bacterial skin infections, said that it has filed voluntary petitions for relief under subchapter V of Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Southern District of California to confirm a plan...

Primerica Inc. (PRI), a financial services provider across the United States and Canada, has responded to a recent blog post containing false claims aimed at lowering the company's stock price. The company asserts that the blog's assertions misrepresent Primerica's commitment to assisting middle-income...

Nordstrom Inc.'s (JWN) founding family has notified the board of its interest in taking the company private. The company formed a special committee to evaluate any proposal from the company's Chief Executive Officer Erik Nordstrom and the company's president Pete Nordstrom, and any proposals from other...

Genentech, a member of the Roche Group (RHHBY), said that the U.S. Food and Drug Administration has approved Alecensa (alectinib) for adjuvant treatment following tumor resection for patients with anaplastic lymphoma kinase (ALK)-positive non-small cell lung cancer or NSCLC (tumors 4 cm or node positive),...

Takeda (TAK) said that the U.S. Food and Drug Administration has approved Entyvio (vedolizumab) subcutaneous administration for maintenance therapy in adults with moderately to severely active Crohn's disease after induction therapy with intravenous (IV) Entyvio. The subcutaneous administration of...

After once again failing to sustain an early upward move, stocks came under pressure over the course of the trading session on Thursday. The major averages pulled back well off their highs of the session, with the Nasdaq and the S&P 500 ending the day in negative territory. With the downturn on the day, the Nasdaq and the S&P 500 extended their losing streaks to five days.

Stocks moved mostly higher early in the trading session on Thursday but have once again come under pressure over the course of the day. The major averages have pulled back well off their best levels and into negative territory. Currently, the major averages are posting modest losses. The Dow is down...

The U.S. dollar appreciated against its major counterparts in the New York session on Thursday, as weekly jobless claims remained flat last week, indicating continued strength in the labor market. Data from the Labor Department showed that initial jobless claims came in at 212,000, unchanged from...

Assurant, Inc. (AIZ), Thursday announced a partnership with Lloyds Banking Group (LLOY) to offer mobile and device trade-in services to the customers of Lloyds Bank, Halifax and Bank of Scotland via online. Under the agreement, customers will be provided a safe way to dispose old and unwanted devices...

A report released by the National Association of Realtors on Thursday showed a sharp pullback by existing home sales in the U.S. in the month March. NAR said existing home sales plunged by 4.3 percent to an annual rate of 4.19 million in March after surging by 9.5 percent to a rate of 4.38 million in February. Economists had expected existing home sales to slump to a rate of 4.20 million.