Shares of Bluebird Bio Inc. BLUE, -0.02% slid 34% in premarket trade Tuesday, after the biotech said it is temporarily suspending Phase 1/2 and Phase 3 trials of its LentiGlobin gene therapy for sickle cell disease after a report of a suspected unexpected serious adverse reaction of acute myeloid leukemia. The patient involved was treated more than five … [Read more...] about Bluebird Bio shares slide 34% after company suspends trials of sickle cell disease treatment
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Shopify’s stock rallies into record territory after Susquehanna analyst boosts price target by 37%
Shares of Shopify Inc. SHOP, -0.53% climbed 0.9% in premarket trading Tuesday, putting them on track to open in record territory, after Susquehanna analyst John Coffey raised his price target by 37% ahead of the ecommerce platform company's fourth-quarter report, citing optimism over the payments business. Coffey boosted his price target to $1,300 from … [Read more...] about Shopify’s stock rallies into record territory after Susquehanna analyst boosts price target by 37%
BHP Lifts Outlook, Pays Record Dividend During Supercycle Talk
BenzingaWhat Keystone Pipeline Cancellation Means For Crude-by-railPresident Joe Biden's revocation of the March 2019 permit enabling the construction of the Keystone XL pipeline will likely result in more crude-by-rail volumes, according to industry observers. But how much volumes will increase could largely depend on the price that heavy crude oil can fetch in the global … [Read more...] about BHP Lifts Outlook, Pays Record Dividend During Supercycle Talk
Glasenberg Signs Off With Glencore Dividend, Trading Bonanza
(Bloomberg) -- Glencore Plc reinstated its dividend on the back of record trading profits as the world’s biggest commodity trader reports its final results under the leadership of billionaire Chief Executive Officer Ivan Glasenberg.Glencore benefited from profitable bets on volatile oil swings in the first half of the year, and metals earnings jumped after prices soared … [Read more...] about Glasenberg Signs Off With Glencore Dividend, Trading Bonanza
Asian markets climb on vaccine optimism and signs COVID-19 cases could be easing
TOKYO (AP) — Asian shares advanced on Tuesday, lifted by the economic recovery, vaccine rollouts and signs that new coronavirus cases may be abating. U.S. markets were closed Monday for Washington’s Birthday, a national holiday. Shanghai and Hong Kong markets are still closed for the Lunar New Year. Japan’s benchmark Nikkei 225 NIK, +1.28% … [Read more...] about Asian markets climb on vaccine optimism and signs COVID-19 cases could be easing