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Financial Times: Capital Markets

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  • newReata stock jumps 30% as neuromuscular disorder drug meets study endpoint

    Reata stock jumps 30% as neuromuscular disorder drug meets study endpoint

    Reata Pharmaceuticals Inc. shares surged after hours Monday as the biotech company announced positive results from a clinical trial for a neuromuscular disorder treatment. Reata shares, which had been halted after hours, surged 33% in the extended s…
    - 9 hours ago, 14 Oct 19, 4:36pm -
  • newSanmina names Kurt Adzema its new CFO

    Sanmina names Kurt Adzema its new CFO

    Sanmina Corp. said late Monday that Kurt Adzema has joined the electronics maker as its chief financial officer, succeeding David Anderson, who in January announced his intention to retire. Anderson "will help facilitate a smooth transition" and wil…
    - 10 hours ago, 14 Oct 19, 4:16pm -
  • newStocks close slightly lower as U.S.-China trade deal draws skepticism

    Stocks close slightly lower as U.S.-China trade deal draws skepticism

    U.S. stocks ended with small losses on Monday, snapping a three-day winning streak, after reports said that the so-called "Phase 1" trade deal announced by President Donald Trump with China was not finalized. The S&P 500 was down 0.1% to end near 2,…
    - 10 hours ago, 14 Oct 19, 4:08pm -
  • newWarren tops Biden in new poll on eve of Democratic debate

    Warren tops Biden in new poll on eve of Democratic debate

    Sen. Elizabeth Warren edged former Vice President Joe Biden in a new poll of voters released a day ahead of Democrats' next presidential debate. The Quinnipiac University national poll showed Warren with 30% of the vote among Democratic voters and in…
    - 11 hours ago, 14 Oct 19, 3:24pm -
  • newNF Energy Saving's stock soars over 500% on very heavy volume

    NF Energy Saving's stock soars over 500% on very heavy volume

    Shares of NF Energy Saving Corp. soared more than 6-fold on very heavy volume in afternoon trading Monday, to pace all Nasdaq gainers, and has now run up nearly 9-fold in three days. The rally started on Thursday, when the stock rose 15% on volume o…
    - 11 hours ago, 14 Oct 19, 2:29pm -
  • newSynthesis Energy Systems' stock rockets 13-fold in 2 days

    Synthesis Energy Systems' stock rockets 13-fold in 2 days

    Shares of Synthesis Energy Systems Inc. soared 344% on very heavy volume toward a 15-month high, and have not rocketed 13-fold in two sessions. Trading volume was over 26.3 million shares, compared with the full-day average of 1.2 million shares. On…
    - 12 hours ago, 14 Oct 19, 2:13pm -
  • newUber to lay off roughly 350 employees: report

    Uber to lay off roughly 350 employees: report

    Uber Technologies Inc. is reportedly cutting 350 jobs, according to CNBC, which cites an internal email sent by Chief Executive Dara Khosrowshahi to the ride-hailing company's staff. The layoffs span numerous units within the company, including the…
    - 12 hours ago, 14 Oct 19, 1:58pm -
  • newHilton Grand Vacation's stock surges after Bloomberg report of Apollo buyout bid

    Hilton Grand Vacation's stock surges after Bloomberg report of Apollo buyout bid

    Shares of Hilton Grand Vacations Inc. rallied 6.4% in active afternoon trading Monday, after Bloomberg reported that private-equity firm Apollo Global Management Inc. made an offer to buy the timeshare company for $40 a share. That would represent a…
    - 12 hours ago, 14 Oct 19, 1:46pm -
  • newHarley-Davidson's stock turns down after WSJ report halting production of electric motorcycle

    Harley-Davidson's stock turns down after WSJ report halting production of electric motorcycle

    Shares of Harley-Davidson Inc. swung to a loss Monday, after The Wall Street Journal reported that the company had to halt production and delivery of its first electric motorcycle after finding a problem related to charging equipment. The stock was…
    - 13 hours ago, 14 Oct 19, 1:27pm -
  • newCannTrust to destroy C$12 million of plants, C$65 million of inventory as it works to regain licenses

    CannTrust to destroy C$12 million of plants, C$65 million of inventory as it works to regain licenses

    Canadian cannabis company CannTrust Holdings Inc. said Monday it is still working to attain the full reinstatement of licenses that were suspended after the company was found to be growing cannabis in unlicensed rooms. As part of a series of measure…
    - 13 hours ago, 14 Oct 19, 12:46pm -
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