Category: Business News
ContraFect Gets Grant

ContraFect Gets Grant

ContraFect said Thursday that it has been selected to receive funding of up to $2.1 million from the Combating Antibiotic Resistant Bacteria Biopharmaceutical Accelerator (CARB-X) ...

BP Up More Than 1%

BP Up More Than 1%

BP is up more than 1% after an executive there told Reuters the company had no plans to build new refineries; instead, it would focus on modernizing existing plants while ...

Selecta Biosciences Up More Than 12%

Selecta Biosciences Up More Than 12%

Selecta Biosciences shares rose more than 12% on Tuesday after the company said late Monday that it expects its cash, cash equivalents, short-term deposits, investments and ...

G-III Apparel Posts Fiscal Q4 Miss

G-III Apparel Posts Fiscal Q4 Miss

Shares of G-III Apparel were slumping pre-market Monday after the company reported Q4 results which were weaker-than-expected and issued downside guidance for Q1 and FY18. GIII ...

European ADRs Trade Lower

European ADRs Trade Lower

American depository receipts of European stocks were 0.1% lower at 126.68 on the Bank of New York Mellon Europe ADR Index on Friday morning. Decliners in Continental Europe were ...

Golden Star Resources to Increase 2017 Exploration Budget

Golden Star Resources to Increase 2017 Exploration Budget

Golden Star Resources, Ltd said Thursday it plans to increase its 2017 exploration budget by 171% to $6.5 million for the first phase of drilling in the company's 1,156 square ...

Calithera Biosciences Shares Slip

Calithera Biosciences Shares Slip

Calithera Biosciences shares were 3% lower early Wednesday after the clinical-stage pharmaceutical company said it has entered an underwriting agreement with Leerink Partners for ...

Stantec Sells Innovyze

Stantec Sells Innovyze

Stantec Inc, a provider of professional infrastructure services, said Tuesday that it has signed an agreement for the sale of its software business, Innovyze, for $270 million to ...

IBM Teams Up With Red Hat

IBM Teams Up With Red Hat

International Business Machines teamed up with Red Hat (RHT) to help companies more quickly adopt hybrid cloud services, helping them benefit from Red Hat's OpenStack platform and ...

First Data to Acquire Acculynk

First Data to Acquire Acculynk

Shares of First Data Corp. were up almost 2% Thursday after the company said it sealed a deal to acquire Acculynk, an Atlanta, Georgia-based technology firm that provides ...