Estimated read time 5 min read
Stock Market News

Novartis to bolster its oncology portfolio with acquisition of MorphoSys

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Novartis AG on Monday announced it has agreed to buy German biopharmaceutical company MorphoSys AG for 2.7 billion euros ($2.9 billion). Under the deal, Switzerland-based [Read more about this post…]

Estimated read time 16 min read
Stock Market News

‘Fix this now’: FAFSA delays slammed by Republican lawmakers

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A government watchdog will probe the Biden administration’s approach to rolling out a new version of the Free Application for Federal Student Aid (FAFSA), Republican [Read more about this post…]

Estimated read time 7 min read
Stock Market News

L’Occitane shares rise on strong nine-month sales

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L’Occitane’s shares 973, +8.44% rose sharply after the company reported strong sales in the nine months ended December, with analysts saying business is already normalizing [Read more about this post…]

Estimated read time 16 min read
Stock Market News

Levi Strauss is rolling out ‘tech pants’ this year. But will stores want them?

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With a rough 2023 in the rearview, Levi Strauss & Co. this year is trying to tackle its problems with new pants. That includes pants [Read more about this post…]

Estimated read time 2 min read
Stock Market News

Utz voluntarily recalls 88 cases of milk-contaminated potato chips

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Utz Brands’ UTZ, +3.15% subsidiary issued a voluntary recall of 88 cases of potato chips on Thursday due to an undeclared milk contamination. Utz Quality [Read more about this post…]

Estimated read time 30 min read
Stock Market News

This stock fund manager outperforms with ‘fixer-uppers’

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Small-cap stocks can help investors diversify from the S&P 500, which is heavily weighted to the largest U.S. tech players. Investors may imagine small-caps as [Read more about this post…]

Estimated read time 4 min read
Stock Market News

Sell AstraZeneca, says UBS, which upgrades European rivals including GSK

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UBS analysts shook up their ratings of European drugmakers, including making a double-downgrade of AstraZeneca and a double-upgrade of U.K. rival GSK. UBS took its [Read more about this post…]

Estimated read time 8 min read
Stock Market News

Saudis cut crude prices to all regions amid oil-price weakness by StuffsEarth

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Saudi Aramco on Sunday said it would cut crude prices to all regions, including its largest market in Asia — a move that comes amid [Read more about this post…]

Estimated read time 2 min read
Stock Market News

Tesla to recall 1.6 million vehicles in China

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Tesla will recall 1.62 million vehicles in China, over concerns about steering software, news agencies reported Friday, citing a government statement. AFP and StuffsEarth reported [Read more about this post…]

Estimated read time 6 min read
Stock Market News

GSI Technology, which sparked meme-like buzz, clinches AI deal with U.S. Air Force

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GSI Technology Inc. has been awarded a $1.1 million contract to develop an artificial-intelligence chip for the Department of the Air Force, the company announced [Read more about this post…]