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AbbVie To Acquire Immunology Drug Maker Apogee For $10.9 Bln Cash; Shares Climb
Biopharmaceutical company AbbVie, Inc. announced Monday an agreement to acquire inflammatory and immunological drug maker Apogee Therapeutics for $135.11 per share in cash, for a total equity value of around $10.9 billion. Following the news, AbbVie shares are gaining 4 percent, while Apogee shares are surging around 47 percent.
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4s 27 dakika önce
Pound Rises After U.K. PM Starmer's Resignation
The British pound strengthened against other major currencies in the European session on Monday, after Sir Keir Starmer, the leader of the Labour Party and prime minister of the United Kingdom announced his resignation.
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4s 58 dakika önce
Bay Street Likely To Open Mixed; Inflation Data, Iran Peace News In Focus
Canadian stocks may open on a mixed note on Monday with investors reacting to Canadian inflation data, and U.S.-Iran negotiations towards a peace deal.
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5s 16 dakika önce
FTSE 100 Climbs Higher; Babcock Down On Lower Earnings
The UK stock market gained notable ground in positive territory on Monday thanks to impressive gains on mining and bank stocks. Investors, while closely following U.S.-Iran news, also assessed the political situation on the home front following the resignation of Prime Minister Keir Starmer.
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5s 56 dakika önce
Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Monday.
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6s 2 dakika önce
CAC 40 Down Nearly 0.5%
France's equity benchmark CAC 40 drifted lower on Monday with investors assessing geopolitical situation and awaiting fresh lead from the domestic front.
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6s 25 dakika önce
DAX Down Marginally In Cautious Trade
German stocks retreated after a slightly positive start on Monday as investors made cautious moves, looking for fresh directional clues.
The benchmark DAX, which advanced to 25,075.71 earlier, was down 0.2% at 24,947.51 a few minutes ago.
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6s 48 dakika önce
more news
Lackluster Trading In European Markets
European stock markets are trading on a weak note as investors assessed the developments surrounding the Middle East process as well as the political developments in the United Kingdom.
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7s 4 dakika önce
Sensex, Nifty Close Modestly Higher
The Indian stock market, which snapped a five-day winning streak on Friday, rebounded and closed higher on Monday, lifted by gains in technology, healthcare and oil sectors.
The mood in the market remained positive amid reports of progress in US-Iran peace talks. Additionally, weak oil prices eased concerns about inflation.
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7s 9 dakika önce
Yen Slides Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Monday, as investors are still concerned that the Middle East crisis and ongoing disruptions to the Strait of Hormuz energy supply would continue to put pressure on Japan's economy.
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7s 19 dakika önce
Broadly Positive Sentiment In Asian Bourses
Stock markets in Asia traded on a mostly positive note on Monday amidst signs of diplomatic progress between the U.S. and Iran.
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7s 41 dakika önce
Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Monday.
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10s 15 dakika önce
European Stocks Seen Weak On Monday
Stock markets in Europe are expected to open on a muted note on Monday amidst positive and constructive talks between the U.S. and Iran at Switzerland.
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11s 50 dakika önce
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