ADVFN US – Market Content Editor

GE Vernova Inc. (NYSE:GEV) has signed a services agreement to provide Rotor Life Extension solutions for five 9F gas turbines operating at three power plants in Egypt. The agreement covers turbines at the Kureimat, Nubaria and Cairo North facilities, which have a combined generating capacity of approximately 1,250 megawatts. The counterparties are affiliates of the…

Roche Holding AG (USOTC:RHHBY) said Wednesday that sefaxersen met the primary endpoint in a Phase III trial evaluating the treatment in patients with IgA nephropathy. The IMAGINATION study showed a statistically significant reduction in proteinuria compared with placebo at 37 weeks, according to the Swiss pharmaceutical company. Proteinuria, or excess protein in the urine, is…

Six Flags Entertainment Corp. shares rose 1.1% in pre-market trading on Wednesday to $12.44 after activist investor Jana Partners called on the company’s board to consider a potential sale of the business. Jana disclosed its position and demands on Tuesday evening, prompting a rise in Six Flags shares during after-hours trading. The hedge fund holds…

IonQ (NYSE:IONQ) shares rose 11.8% in pre-market trading on Wednesday after the quantum computing company announced the development and testing of a real-time quantum error correction decoder designed to operate on a single standard CPU. The company announced the results after Tuesday’s market close, describing the system as the industry’s first end-to-end real-time quantum error…

Royal Caribbean Group (NYSE:RCL) has agreed to acquire a 50% stake in Sandals and Beaches Resorts for approximately $3 billion, expanding the cruise operator’s business into the all-inclusive resort market. The companies said Wednesday that the investment will create a joint venture combining the Caribbean resort portfolio of Sandals and Beaches with Royal Caribbean’s cruise,…

Novo Nordisk (NYSE:NVO) would be open to considering a direct listing of its shares on the New York Stock Exchange, Chief Executive Mike Doustdar told the Financial Times in an interview published Wednesday. Doustdar said he could see advantages to such a move when asked about the possibility, although he clarified that the Danish pharmaceutical…

The Hashgraph Group (THG) has listed its IDTrust identity software on IBM’s (NYSE:IBM) Cloud Catalog and entered into a global partnership with the U.S. technology company. The Swiss Web3 and artificial intelligence software company said IDTrust had completed IBM’s validation process and was now available through its cloud marketplace. THG develops enterprise software using the…

Gold prices declined on Wednesday as the U.S. dollar strengthened and investors assessed the outlook for inflation and Federal Reserve interest rates. By 04:53 ET, spot gold was down 0.9% at $4,318.05 an ounce, while gold futures declined 0.5% to $4,354.90 an ounce. The U.S. Dollar Index, which measures the currency against a basket of…

Oil prices traded near their lowest levels in more than two weeks on Wednesday as markets assessed increased Gulf supplies and diplomatic developments involving the U.S. and Iran. Brent crude futures rose 16 cents, or 0.16%, to $99.41 a barrel by 08:09 GMT, while West Texas Intermediate futures fell 50 cents, or 0.55%, to $90.02.…