(Affinivax) GlaxoSmithKline has agreed to acquire clinical-stage biopharmaceutical company Affinivax for $3 billion. GSK is expected to pay $2.1 billion upfront and up to $1.2 billion after reaching certain pediatric…
(TherapeuticsMD) Shares of TherapeuticsMD rose more than 336% in premarket on Tuesday after agreeing to a merger acquisition at $10.00 a share by an affiliate of EW Healthcare Partners. At…
(Borr Drilling) Shares of Borr Drilling Limited rose more than 9% in premarket on Tuesday after announcing a preliminary operating revenue of $82.0 million in the first quarter of 2022.…
(Bloomberg) London’s market watchdog is seeking to put an end to premium and standard listings to revive declining initial public offerings. The regulator is reportedly seeking to create a single…
(MarketWatch) Shares of Countryside Properties soared more than 20% in premarket on Monday after Inclusive Capital Partners’ bid to acquire the company at 295 pence. At the offer price, the…
(HPC) Hewlett Packard Enterprise and SiPearl have partnered to accelerate the adoption of exascale computing systems in Europe. The companies are expected to jointly develop an end-to-end supercomputing technology combining…
(Canopy Growth) Shares of Canopy Growth fell more than 12% in premarket on Friday after reporting net revenue of $111.8 million in the fourth quarter of 2022, down 25% from…
(Pinduoduo) Pinduoduo stock rose more than 8% in premarket on Friday after reporting revenue of RMB23.8 billion or $3.753 billion in the first quarter of 2022. The revenue was 7%…
(Marvell) Shares of Marvell Technology rose by more than 5% in premarket on Friday after the first quarter of 2023 revenue increased by 74% year-over-year to $1.447 billion. Marvel reported…
(Gap) Shares of Gap Inc. fell more than 17% on Friday in premarket after booking net sales of $3.5 billion, down by 13% from the prior year. The decline in…
(Costco) Costco reported net sales of $51.61 billion in the third quarter of 2022, an increase from $44.38 billion in the comparable quarter of 2021. For the nine months ended…
(Broadcom) Broadcom has confirmed it will acquire cloud software firm VMware for $69 billion, including the outstanding debt. VMware shareholders can choose to receive $142.50 cash in the deal or…