sutthirat sutthisumdang Cantor Fitzgerald said it sees Tango Therapeutics (NASDAQ:TNGX) benefitting from Ideaya’s (IDYA) positive Phase 2 data for its MAT2A inhibitor IDE397 in the treatment of non-small cell lung and urothelial cancers. The investment bank noted that IDE397 works on the same pathway as Tango’s PRMT5 inhibitors TNG462 andContinue Reading
manassanant pamai “More expansive inclusion opportunities improve the financial well-being of both consumers and small businesses, thereby contributing to overall economic growth,” Federal Reserve Governor Michelle Bowman said on Tuesday at the Fed’s Financial Inclusion Practices and Innovation Conference in Washington, DC. The ability of small businesses to access financialContinue Reading
Dan Kitwood/Getty Images News Getlink (OTCPK:GRPTY) has announced that LeShuttle Freight transported 97,501 trucks in June, down 5% from the prior year and down 3.62% compared to May 2024. Since 1 January, more than 600,000 trucks have crossed the Channel on board the Shuttles. LeShuttle carried 216,772 passenger vehicles in June, up 1% compared to June 2023. Since 1 January, about 968,000 passengerContinue Reading
Aliaksandr Litviniuk/iStock Editorial via Getty Images Eni (NYSE:E) said Monday it made a significant oil and gas discovery in the Sureste Basin off the coast of Mexico, which it said could lead to a future production hub in the country. The discovery in the Block 9 exploration well has aContinue Reading
Manchester, United Kingdom, July 8th, 2024, Chainwire Rootstock sees record-breaking usage and an influx of new partners integrated into its network Rootstock, the first and longest-lasting sidechain, established itself as a leading blockchain these three months, with record-breaking transactions and the integration of several new dApps, bridges, and wallets. ThisContinue Reading
abadonian The boom in artificial intelligence technology development and demand sets up companies focused on natural gas as trend winners, Wells Fargo Investment Institute (WFII) said. Midstream energy companies focused on natural gas should be visible long-term beneficiaries from the build out of data-center capacity in the U.S. to runContinue Reading
“We downgrade the stock to Neutral today, as upside will only materialize in a bull case, in which the outlook beyond 2025 increases materially, and we do not have the conviction on this scenario playing out yet,” said New Street analyst Pierre Ferragu in a report on Friday. The firmContinue Reading
magicmine Insmed (NASDAQ:INSM) said it plans to submit a New Drug Application to the U.S. FDA for brensocatib as a treatment for the chronic lung condition bronchiectasis in Q4. The decision follows additional positive results from the phase 3 ASPEN study. In late May, the company announced the candidate metContinue Reading
anatoliy_gleb/iStock via Getty Images J.P. Morgan (JPM) foresees an acceleration in demand for oil, as it expects a travel trend that emerged from the pandemic to keep running. In the firm’s 2024 mid-year outlook released last last week, its commodity analysts said they expected a seasonal uptick in oil demandContinue Reading
olddays UBS assigned buy ratings to Royal Bank of Canada (RY)(RY:CA) and National Bank of Canada (NA:CA)(OTCPK:NTIOF) as it initiated coverage of Canadian banks, saying it’s “cautiously optimistic” about the Big Six group of lenders in the country. Canada’s macro picture looks “challenging” with slow economic growth, rising unemployment andContinue Reading
