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Janux Therapeutics (NASDAQ:JANX) shares rose about 12% on Thursday after the clinical-stage biotech announced a collaboration and exclusive global licensing deal with Bristol Myers Squibb (NYSE:BMY). The agreement centres on the development of a previously undisclosed tumor-activated therapy aimed at a well-validated solid-tumor antigen found across multiple cancer types. Under the terms, Janux will be…

Atlantic Union Bankshares Corporation (NYSE:AUB) reported fourth-quarter adjusted results on Thursday that came in ahead of market expectations, supported by lower deposit costs and smooth integration of its Sandy Spring Bancorp acquisition. The regional lender’s shares were up 0.23% in pre-market trading following the release. Adjusted operating earnings reached $0.97 per share, beating the analyst…

Greenwich LifeSciences (NASDAQ:GLSI) shares surged around 54% after the company said the U.S. Food and Drug Administration (FDA) has authorised the use of its first commercially produced batch of GP2 in the FLAMINGO-01 Phase III clinical trial. The biotech group said the first three commercial-scale lots of the GP2 active ingredient were manufactured in 2023,…

Shares in McCormick & Company (NYSE:MKC) fell nearly 5% on Thursday after the spices and seasonings group reported fourth-quarter earnings that came in just below expectations, despite delivering slightly stronger-than-forecast revenue. McCormick posted adjusted earnings per share of $0.86 for the quarter, narrowly missing the consensus estimate of $0.87. Revenue reached $1.85 billion, edging past…

GE Aerospace (NYSE:GE) reported fourth-quarter results on Thursday that came in ahead of market expectations on both earnings and revenue. Adjusted earnings per share for the quarter reached $1.57, comfortably above analysts’ forecasts of $1.43. Revenue totalled $11.87 billion, also beating the consensus estimate of $11.2 billion. Compared with the same period a year earlier,…

Oil prices slipped on Thursday after posting gains in the previous two sessions, as traders reassessed the outlook for supply and demand and reacted to data showing an increase in U.S. crude and gasoline inventories last week. Brent crude fell 28 cents, or 0.43%, to $64.96 a barrel by 07:49 GMT, while March West Texas…

Gold prices held broadly steady during Asian trading on Thursday after touching a fresh record close to $4,900 per ounce in the prior session, as comments from U.S. President Donald Trump eased geopolitical concerns tied to Greenland and reduced demand for safe-haven assets. Spot gold slipped 0.1% to $4,826.03 an ounce by 01:19 ET (06:19…