Soleno shares jump 33% as Neurocrine expands into metabolic diseases with $2.9 billion buyoutNeurocrine Biosciences will acquire rare-disease drugmaker Soleno Therapeutics for $2.9 billion in cash, the companies said on Monday, mark...
US Stocks: Apellis shares double on Biogen's $5.6 billion buyout planBiogen will buy Apellis Pharmaceuticals for about $5.6 billion, adding a promising kidney disease drug to broaden its rare-disease portfoli...
RBC and BMO explore $2 billion sale of Canadian payments venture MonerisRoyal Bank of Canada and Bank of Montreal are exploring sale of payments joint venture Moneris, valued at approximately $2 billion. The pay...
Donald Trump's Fed tour ends with relief for Jerome PowellThere's "no tension" with Powell, Trump said after the Thursday tour - which featured the two men publicly trading barbs over the cost of a...
Is Tesla’s robotaxi a long-term threat to Uber’s business model? Wedbush Securities weighs inUber's stock saw a dip after a report highlighted Tesla's robotaxi impact. Wedbush sees Tesla as a long-term threat. Elon Musk shared a rob...
- U.S. consumer spending rebounds, but high inflation cooling demand
The report from the Commerce Department on Friday also showed underlying inflation pressures building up last month, providing cover for th...
At last, a drug to slow down Alzheimer'sEisai Co, a Tokyo-based pharmaceutical company with a family bent and market capitalisation of $14 billion, crossed the finish line before ...
POLL-Fed set for another 75-basis-point rate hike; early pivot unlikelyThe shift in expectations for the larger hike has pushed the dollar to a two-decade high against a basket of currencies. The U.S. currency ...
Fed to announce QE taper in August or September on rising inflation concerns: PollA significant number of Fed watchers also said the central bank would wait until later in the year before announcing a taper, now the main ...
Canada loses more jobs than expected in May as lockdowns weigh on the economySome 68,000 jobs were lost in May, more than the average analyst prediction for a loss of 20,000. The unemployment rate climbed to 8.2%, in...
Bank demand for Treasuries in focus after Fed ends regulatory breakThe Fed said it would launch a review of the capital rule, known as the "supplementary leverage ratio," while letting the exemption given l...
Brightcove to acquire Ooyala’s online video platform businessAs part of the transaction, Brightcove will acquire substantial portions of Ooyala’s engineering, support, and sales staff, including the c...
Buy, sell or hold: Ten ways to trade the US electionSkepticism suggests that current valuations do not fully reflect the polls' expectations.
Strong U.S. job growth expected in September; wages seen risingThe U.S. economy likely created jobs at a brisk clip in September, with the unemployment rate probably falling to an 18-year low of 3.8 per...
Copper tumbles into a bear marketThe red metal for delivery in three months fell 4 percent to settle at $5,801 a tonne.
China increases US treasury holdings by most in 2 yearsChina raised its ownership of US government bonds, notes and bills by $27.9 billion to $1.09 trillion in March.
- BMO Capital now world's largest mining equity research Group
BMO Capital Markets today claimed it covers more mining stocks than any other financial institution in the world.