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Ciena Shares Plunge 19% Despite Strong Q2 Earnings Growth

India, June 4 -- Ciena Corporation (CIEN) shares tumbled 19.29 percent, losing $119.59 to $500.78 on Thursday despite the company reporting significantly improved second-quarter results. The stock is... Read More


Czech Central Bank Raises Countercyclical Capital Buffer Rate

India, June 4 -- The Czech National Bank raised the countercyclical capital buffer rate on Thursday, citing strong lending activity, rising debt and increasing housing prices. The CNB bank board deci... Read More


Lupin Wins FDA Approval For Ranluspec Biosimilar To Lucentis

India, June 4 -- Lupin Ltd., (NSE: LUPIN) announced that the U.S. FDA has approved Ranluspec (ranibizumab-hkdz), its interchangeable biosimilar to Lucentis (Genentech). The approval covers both vial a... Read More


Syndax Prices $243 Mln Private Placement For Convertible Senior Notes

India, June 4 -- Syndax Pharmaceuticals (SNDX), a commercial-stage biopharmaceutical company, on Thursday reported entering a privately negotiated subscription agreement. The agreement confirms the i... Read More


Indian Shares Set For Cautious Open Ahead Of RBI's Rate Decision

India, June 4 -- Indian shares are seen opening on a subdued note on Friday ahead of the Reserve Bank of India's monetary policy review later today, with markets expecting measures to boost inflows an... Read More


Top Biotech Gainers: VERU Teams Up With NVO, ABSI On Watch, ALVO Resubmits BLAs To FDA...

India, June 4 -- Thursday's top gainers include Veru, following a Novo Nordisk collaboration; Health Catalyst, following a divestment of its revenue workflow and analytics software business; Absci, ah... Read More


Argan, Inc. Q1 Income Advances

India, June 4 -- Argan, Inc. (AGX) released a profit for its first quarter that Increased, from last year The company's bottom line totaled $46.06 million, or $3.24 per share. This compares with $22.... Read More


CXApp Shares Soar 72%

India, June 4 -- CXApp Inc. (CXAI) shares surged 72.86 percent, gaining $0.1160 to $0.2752 on Thursday, likely continuing momentum from the company's announcement yesterday, of its acquisition of Engi... Read More


Cryptos Extend Crash, Bitcoin Drops To Near $61k

India, June 4 -- Mounting outflows from U.S.-listed Bitcoin Spot ETF products and the liquidation of crypto long positions revealed a heavily bearish sentiment in cryptocurrency markets. Bitcoin dropp... Read More


LCI Industries CEO Jason Lippert Retires, Names Johnny Sirpilla Interim CEO; Shares Down

India, June 4 -- On Thursday, LCI Industries (LCII) announced the retirement of Jason Lippert as President, Chief Executive Officer and member of the Board, after 32 years in business. Independent Dir... Read More