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Novartis to pay up to $835M for STING antagonist developer IFM Due https://seekingalpha.com/news/4078969-novartis-to-pay-up-to-835m-for-sting-antagonist-developer-ifm-due?source=feed_sector_healthcare Mar 13, 2024 - Novartis (NVS) has acquired IFM Due, a developer of STING antagonists, for $90M upfront and up to $745M in milestone payments. Read more here.
Dividend ETFs to Consider Amid Hot Inflation Data https://www.zacks.com/stock/news/2240029/dividend-etfs-to-consider-amid-hot-inflation-data?cid=CS-ZC-FT-etf_news_and_commentary-2240029 Mar 13, 2024 - The Consumer Price Index grew at an annual rate of 3.2% in February, marginally up from a 3.1% increase in January.
Dollar General (DG) Lined Up for Q4 Earnings: Factors to Note https://www.zacks.com/stock/news/2239956/dollar-general-dg-lined-up-for-q4-earnings-factors-to-note?cid=CS-ZC-FT-analyst_blog|earnings_preview-2239956 Mar 13, 2024 - While Dollar General (DG) navigates softening sales trends, it is focusing on enhancing the supply chain, offering customer-friendly prices and embracing digitization.
JEPY: Muted 0DTE Implied Volatility, Big Yield, Not Yet Tested https://seekingalpha.com/article/4677852-jepy-muted-0dte-implied-volatility-big-yield-not-yet-tested?source=feed_tag_etf_portfolio_strategy Mar 13, 2024 - Zero-days-to-expiration options now make up nearly half of the overall volume in the options market. Find out why JEPY is a Hold.
People are losing their mind over Trader Joe's mini tote bags https://www.startribune.com/people-are-losing-their-mind-over-trader-joes-mini-tote-bags/600350523/ Mar 12, 2024 - The canvas grocery bags blew up on TikTok and flew off shelves at Twin Cities stores. An employee at one local Trader Joe's said they were gone in a handful of days.
Here’s the inflation breakdown for February 2024 — in one chart https://www.cnbc.com/2024/03/12/heres-the-inflation-breakdown-for-february-2024-in-one-chart.html Mar 12, 2024 - Consumers still contended with price growth in February, new government data shows. Here's which goods and services went up the most.
Wedbush raises AnaptysBio to outperform, cites upcoming data https://seekingalpha.com/news/4078536-wedbush-raises-anaptysbio-to-outperform-cites-upcoming-data?source=feed_sector_healthcare Mar 12, 2024 - Wedbush upped AnaptysBio (ANAB) to outperform, stating it sees upcoming clinical and derivative catalysts driving the shares higher over the next 12-18 months. Read more here.
ACI Worldwide (ACIW), comforte AG Team Up to Modernize Payments https://www.zacks.com/stock/news/2239417/aci-worldwide-aciw-comforte-ag-team-up-to-modernize-payments?cid=CS-ZC-FT-analyst_blog|company_news_tech_sector-2239417 Mar 12, 2024 - ACI Worldwide (ACIW) partners with comforte AG to use the latter's data-based security solutions and help customers meet the PCI DSS v4.0 standard.
Orthofix (OFIX) Q4 Earnings Beat Estimates, Gross Margin Up https://www.zacks.com/stock/news/2239362/orthofix-ofix-q4-earnings-beat-estimates-gross-margin-up?cid=CS-ZC-FT-analyst_blog|earnings_article-2239362 Mar 12, 2024 - Orthofix's (OFIX) fourth-quarter earnings and revenues beat their respective consensus estimate. Gross margin expands while the company continues to incur losses at the operating level.
Westport (WPRT) and Volvo Team Up for Greener Fuel Technology https://www.zacks.com/stock/news/2239360/westport-wprt-and-volvo-team-up-for-greener-fuel-technology?cid=CS-ZC-FT-analyst_blog|company_news_-_corporate_actions-2239360 Mar 12, 2024 - The alliance between Westport (WPRT) and Volvo is driven by a shared vision for a cleaner future, aiming to deliver tangible solutions for decarbonizing the crucial long-haul and off-road transport segments.
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