Category: Include on Menu
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Arbutus Shares Jump After FDA Grants Fast Track Status to Hepatitis B Therapy
Arbutus Biopharma Corporation (NASDAQ:ABUS) shares climbed 6% on Wednesday after the company revealed it had received Fast Track designation from the U.S. Food and Drug Administration for imdusiran, its treatment candidate for chronic hepatitis B. The FDA’s Fast Track program is designed to accelerate the development and review of therapies targeting serious conditions with unmet…
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Progressive Shares Edge Higher as Q1 Profit Climbs on Premium Growth
The Progressive Corporation (NYSE:PGR) reported higher first-quarter earnings, supported by continued expansion in premiums and a growing customer base. The stock rose 0.6% in premarket trading on Wednesday. Net premiums written reached $9.91 billion, marking a 10% year-on-year increase, driven by higher policy volumes and ongoing pricing adjustments. The growth highlights solid demand across the…
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Kimberly-Clark Shares Tick Higher After Post-Acquisition Leadership Plans Revealed
Kimberly-Clark (NASDAQ:KMB) shares edged up 0.6% in premarket trading on Monday after the company outlined its future organizational structure and leadership team ahead of its planned acquisition of Kenvue Inc. (NYSE:KVUE). The group confirmed the deal is still expected to close in the second half of 2026, pending regulatory approvals and standard closing conditions. Once…
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Adobe Unveils Firefly AI Assistant to Streamline Creative Workflows
Adobe (NASDAQ:ADBE) has introduced Firefly AI Assistant, a new conversational tool designed to help creators manage complex workflows across multiple Creative Cloud applications using natural language prompts. Set to launch in public beta soon within Adobe Firefly, the assistant allows users to describe the outcomes they want, while the system coordinates tasks across applications such…
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U.S. Import Prices Miss Expectations While Export Prices Stay Firm
U.S. import price growth came in well below expectations in March, according to data released Wednesday by the Labor Department. Import prices rose 0.8% during the month, following a revised 0.9% increase in February. Economists had anticipated a much sharper rise of 2.0%, compared with the initially reported 1.3% gain for the previous month. On…
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Wall Street Set for Uneven Start as Middle East Uncertainty Clouds Outlook: Dow Jones, S&P, Nasdaq, Futures
U.S. stock futures are pointing to a largely flat open on Wednesday, suggesting markets may struggle for direction early in the session following strong gains over the past two days. Investors appear cautious after the recent rally, which pushed both the Nasdaq and the S&P 500 to their highest closing levels in more than two…
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Collins Aerospace Wins Helix Seat Orders from Three Airlines
Collins Aerospace, a division of RTX (NYSE:RTX), announced that three international airlines have chosen its Helix main cabin seating for upcoming narrowbody aircraft deliveries, covering roughly 200 planes across the Airbus A320 and Boeing 737 families. The company said the Helix seat has been engineered to offer increased personal space for passengers while being lighter…
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GitLab Shares Jump on Expanded Partnership with Google Cloud
GitLab (NASDAQ:GTLB) shares rose 7.6% to $21.60 in premarket trading on Wednesday after the company announced a broader collaboration with Google Cloud. The company said AI agents within its platform can now tap into Google’s foundation models, including Gemini, through Vertex AI. The integration also incorporates built-in compliance and auditing features to oversee and control…
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IBM Unveils New Cybersecurity Tools to Combat AI-Driven Threats
IBM (NYSE:IBM) has introduced a new set of cybersecurity solutions aimed at helping organizations defend against increasingly sophisticated attacks powered by advanced artificial intelligence, according to a company announcement. The tech group rolled out two primary offerings: an AI-focused cybersecurity assessment service delivered through IBM Consulting, and IBM Autonomous Security, a platform driven by AI…
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M&T Bank Tops Q1 Forecasts on Earnings and Revenue
M&T Bank (NYSE:MTB) reported first-quarter results that came in ahead of analyst expectations, with both profit and revenue exceeding forecasts. Adjusted earnings per share were $4.18, above the $4.01 consensus estimate, while revenue reached $2.44 billion, slightly ahead of the $2.43 billion expected by analysts. The bank’s shares were unchanged in premarket trading following the…