Teva Gets FDA Fast Track Designation For Investigational Celiac Disease Drug TEV-53408

India, May 27 -- Teva Pharmaceutical Industries Ltd. (TEVA) announced that the US Food and Drug Administration granted Fast Track designation for investigational TEV-53408, an anti-IL-15 antibody, for... Read More

Motorola Solutions To Acquire Silvus Technologies In $4.4 Bln Deal

India, May 27 -- Motorola Solutions (MSI) announced that it agreed to acquire Silvus Technologies, Inc. for $4.4 billion in up-front consideration. The deal price comprise of approximately $4.38 bill... Read More

GM Plans To Invest $888 Mln In Tonawanda Plant For Next-Gen V-8 Engine Production

India, May 27 -- General Motors (GM) announced that it plans to invest $888 million in its Tonawanda Propulsion plant to support the production of the sixth generation of the company's V-8 engines, us... Read More

Arqit Acquires Ampliphae Tech IP To Expand Global Quantum-Safe Encryption Capabilities

India, May 27 -- Arqit Quantum Inc. (ARQQ) shares are rising over 16% on Tuesday after the company announced the acquisition of the technology IP and innovations team of Ampliphae, a specialist in enc... Read More

U.S. Stocks Move Sharply Higher After Trump Delays EU Tariffs

India, May 27 -- Stocks have moved sharply higher during trading on Tuesday, regaining ground following the steep drop seen last week. The major averages have also shown significant moves to the upsid... Read More

Eli Lilly To Acquire SiteOne Therapeutics For $1 Bln In Cash

India, May 27 -- Eli Lilly and Company (LLY), Tuesday announced an agreement regarding the acquisition of SiteOne Therapeutics, Inc., a private biotechnology company, for upto $1 billion in cash, incl... Read More

U.S. Consumer Confidence Rebounds Much More Than Expected In May

India, May 27 -- A report released by the Conference Board on Tuesday showed a substantial improvement by U.S. consumer confidence in the month of May. The Conference Board said its consumer confiden... Read More

Cemtrex Gains Over 22% On New $1.8 Mln Contract

India, May 27 -- Shares of Cemtrex, Inc. (CETX) gained over 22% on Tuesday morning after the nano-cap company said it secured a $1.8 million contract for major wastewater treatment plant upgrade. CET... Read More

U.S. Durable Goods Orders Plunge 6.3% In April As Aircraft Orders Plummet

India, May 27 -- With orders for transportation equipment pulling back sharply, the Commerce Department released a report on Tuesday showing a steep drop by new orders for U.S. manufactured durable go... Read More

Portugal Consumers Less Pessimistic In May

India, May 27 -- Portugal's consumer confidence improved in May, though it remained negative, survey data from Statistics Portugal showed on Tuesday. The consumer confidence index rose to -16.0 in Ma... Read More

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