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Merck buys cancer therapy developer Modifi Biosciences for up to $1.3 billion

(Reuters) – Merck has acquired Modifi Biosciences for as much as $1.3 billion, gaining access to its experimental cancer therapies, the privately…
Stock

Earnings call: Lockheed Martin reports strong demand in Q3 2024

Lockheed Martin (NYSE: NYSE:LMT) has revealed a robust third-quarter performance for 2024, marked by a record-breaking backlog and a slight sales increase….
Stock

Pinewood inks 5-year deal with Marshall Motor Group, shares jump

LONDON – Pinewood Technologies Group PLC, a SaaS provider specializing in retail solutions for the automotive industry, has secured a five-year contract…
Stock

Freeport-McMoran beats Q3 estimates, revenue up 17% YoY

PHOENIX – Freeport-McMoran Inc. (NYSE:FCX) reported third-quarter earnings that surpassed analyst expectations, with revenue showing significant growth compared to the same period…
Stock

Trifast maintains stability amid market challenges

LONDON – Trifast plc (LSE:TRI), a global industrial fastening company, announced today that its performance for the six months ending September 30,…
Stock

Industrial paintmaker Sherwin-Williams profit misses estimates on weak demand

(Reuters) – Industrial paintmaker Sherwin-Williams (NYSE:SHW) missed Wall Street estimates for third-quarter profit on Tuesday, hurt by lower sales in its segments…
Stock

A.O. Smith misses quarterly estimates on sluggish water heater demand

(Reuters) – A.O. Smith missed third-quarter revenue and profit estimates on Tuesday, hurt by lower sales of its water heaters in North…
Stock

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.06%

Investing.com – Saudi Arabia stocks were higher after the close on Monday, as gains in the Financial Services, Media & Publishing and…
Stock

Stifel upgrades Volvo to ‘buy’ on strong 2025 outlook, growth prospects

Investing.com — Stifel has upgraded Volvo’s (ST:VOLVb) stock to a “buy” rating from a “hold,” reflecting growing confidence in the company’s market position…
Stock

Fade the rally in this software stock: Wells Fargo

Investing.com — Wells Fargo analysts urged caution toward Bill.com Holdings (NYSE:BILL) in a note Monday, despite signs of improved business spending, saying they…
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