CASI Pharmaceuticals (NASDAQ:CASI) surged in extended trading on Wednesday after the company said it has received a preliminary proposal from CEO Wei-Wu-He to acquire its entire business operations in China. Shares of the China-based biotech were up nearly 80% at $6.41 in trading after the bell. According to the proposal,Continue Reading
Scott Olson/Getty Images News Whirlpool (NYSE:WHR) shares jumped over 11% in early trading on Wednesday after a report that German engineering group Robert Bosch was weighing a bid for the U.S. appliances manufacturer. Citing three people familiar with the matter, Reuters reported that Bosch has been in discussions with potentialContinue Reading
Prostock-Studio/iStock via Getty Images ZimVie (NASDAQ:ZIMV) soared 19% after a report that the dental implants maker is considering a sale after takeover approaches. The company is working with an adviser to review alternatives after getting interest from possible acquirers including private equity firms and industry players, according to a BloombergContinue Reading
