Investing.com -- Shares of Ironwood Pharmaceuticals Inc. (NASDAQ:IRWD) plunged 33.5% following the company’s announcement that the U.S. Food and Drug Administration (FDA) requires a confirmatory Phase 3 trial for apraglutide, potentially delaying the drug’s approval for patients with short bowel syndrome (SBS) with intestinal failure (IF) who depend on parenteral support.The biotechnology fi ...
Investing.com -- Intel Corporation (NASDAQ:INTC) stock climbed 3% in trading Monday following the company’s announcement that it has sold 51% of its programmable chips division, Altera, to private equity firm Silver Lake Management for $4.46 billion.The deal comes as part of Intel’s strategic shift to divest non-core businesses, aiming to streamline operations and focus on its main areas of gr ...
By Lawrence Delevingne and Alun JohnBOSTON/LONDON (Reuters) -U.S. shares edged slightly higher on Monday, while the dollar and oil prices dipped, after the White House exempted smartphones and computers from U.S. tariffs but President Donald Trump said that levies were still likely.The Dow Jones Industrial Average rose about 0.4% and the S&P 500 gained 0.5%. The Nasdaq Composite added about 0. ...
(Reuters) -DaVita said on Monday it was hit by a ransomware attack that encrypted certain elements of its network, and some of its operations remained disrupted despite interim measures.While the dialysis service provider continued to provide patient care as it took measures to restore certain functions, it could not "estimate the duration or extent of the disruption at this time", DaVita (NYSE:DV ...