Summary: Prime Medicine Inc. and Bristol Myers Squibb Co. collaborate in a $3.61 billion research collaboration and license agreement to develop reagents for ex vivo T-cell therapies.
Full articleSummary: A shareholder filed a class action lawsuit against Terran Orbital Corporation (NYSE: LLAP) alleging that the company misled investors regarding its business operations.
Full articleSummary: Kraft Heinz Co. to face trial over firing an employee for comments regarding a Halloween costume depicting a Black character from Miami Vice TV show
Full articleSummary: BlackRock Municipal Income Fund, Inc. (MUI) shareholders approved proposals for the conversion of the Fund to an unlisted closed-end interval fund structure, expected to occur in the first quarter of 2025.
Full articleSummary: Wells Fargo has recruited a 17-person advisory team, the Canell Group, formerly managing $2 billion for J.P. Morgan Advisors in New York.
Full articleSummary: Seaport Research upgraded Walt Disney Co (DIS) to 'buy' from 'neutral' with a price target of $108, close to analysts' consensus. Stock is on track to break a five-month losing streak.
Full articleSummary: PepsiCo is in advanced talks to acquire tortilla-chip maker Siete Foods for over $1 billion. The acquisition could be announced soon unless the talks fail.
Full articleSummary: Calls of the Day feature Disney and Autodesk by the Investment Committee
Full articleSummary: Bank of America believes that EUR/USD has limited upside towards their year-end target of 1.12, with expectations for interest-rate cuts from the Federal Reserve and European Central Bank already fully priced for 2024. BoA sees the potential for EUR/USD to rise in 2025 due to a weaker dollar.
Full articleSummary: Chevron Corporation's proposed merger with Hess Corporation receives final antitrust approval from FTC, moving closer to completion with milestone achievement and John Hess taking advisory role instead of joining Chevron's Board of Directors.
Full articleSummary: Disney Store's 2024 Holiday Shop has officially launched with a delightful range of products perfect for the entire family, including cozy sweaters, charming sleep sets, and festive advent calendars. Exclusive items like the special edition Belle Doll and Disney Munchlings Sleighin’ Sweets are available. A new collection of ornaments capturing the essence of Disney magic will be revealed on October 7.
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