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Bristol Myers Squibb To Acquire Karuna Therapeutics For $330/share Cash

Bristol Myers Squibb To Acquire Karuna Therapeutics For $330/share Cash

Bristol-Myers Squibb Co. (BMY) and biopharmaceutical company Karuna Therapeutics, Inc. (KRTX) announced Friday that they have entered into a definitive merger agreement under which Bristol Myers Squibb has agreed to acquire Karuna for $330.00 per share in cash, for a total equity value of $14.0 billion, or $12.7 billion net of estimated cash acquired.
RTTNews | 1012 hari yang lalu
Theseus Pharma To Acquire Concentra Biosciences For $4.05/Shr In Cash

Theseus Pharma To Acquire Concentra Biosciences For $4.05/Shr In Cash

Biopharmaceutical company Theseus Pharmaceuticals, Inc. (THRX) announced Friday it has entered into a definitive merger agreement whereby Concentra Biosciences, LLC will acquire Theseus for a price per share of Theseus common stock of between $3.90 and $4.05 in cash.
RTTNews | 1012 hari yang lalu
European Shares Muted Ahead Of US Inflation Data

European Shares Muted Ahead Of US Inflation Data

European stocks edged lower on Friday as investors monitored developments around the Red Sea and awaited the release of U.S. core personal consumption price index - the Fed's preferred inflation metric- later in the day for directional cues.
RTTNews | 1013 hari yang lalu
Asian Shares End On Muted Note Ahead Of US Inflation Data

Asian Shares End On Muted Note Ahead Of US Inflation Data

Asian stocks ended on a muted note Friday as investors awaited the release of Fed's preferred inflation gauge later in the day that could offer signal into when U.S. rate cuts can be expected in 2024.
RTTNews | 1013 hari yang lalu
Pound Rises On Strong UK Retail Sales Data

Pound Rises On Strong UK Retail Sales Data

The British pound strengthened against other major currencies in the pre-European session on Friday, after data showed that the nation's retail sales rose more-than-expected in November.
RTTNews | 1013 hari yang lalu
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UK Car Production Logs Best November Since 2020 - SMMT

UK Car Production Logs Best November Since 2020 - SMMT

UK car manufacturing grew in double-digits in November to record the best outcome for the month in three years as supply chain constraints eased, survey data from the Society of Motor Manufacturers and Traders, or SMMT, showed Friday. Car production grew 14.8 percent year-on-year after a 31.6 percent increase in October.
RTTNews | 1013 hari yang lalu
Pound Rises Against Majors

Pound Rises Against Majors

The British pound strengthened against other major currencies in the pre-European session on Friday.
RTTNews | 1013 hari yang lalu
European Economic News Preview: UK GDP Data Due

European Economic News Preview: UK GDP Data Due

Quarterly national accounts, retail sales and current account figures are due from the UK, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics is scheduled to issue UK GDP, retail sales and balance of payment data. The economy is forecast to remain flat sequentially in the third quarter after rising 0.2 percent in the second quarter.
RTTNews | 1013 hari yang lalu
Japan Core Inflation Softens In November

Japan Core Inflation Softens In November

Japan's core inflation softened in November on renewed fall in energy prices, official data revealed Friday. Consumer prices excluding fresh food rose 2.5 percent year-on-year in November, slower than the 2.9 percent rise in October, the Ministry of Internal Affairs and Communications said.
RTTNews | 1013 hari yang lalu

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