Digital Realty Trust Prices Offering

Digital Realty Trust Prices Offering

Digital Realty Trust shares were up almost 2% Wednesday after the company said that its Digital Stout Holding subsidiary priced an offering of GBP600 million ($773.3 million) guaranteed notes in two series. The offering consists of GBP250 million principal amount of 2.75% notes due 2024 and GBP350 million principal amount of 3.3% notes due 2029. The company intends to use the net proceeds for debt repayments, acquisitions, to fund development […]

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Baxter International To Collaborate With Tel Aviv University

Baxter International To Collaborate With Tel Aviv University

Baxter International said early Thursday it is partnering with Tel Aviv University (TAU) to evaluate and help bring the early-stage research to commercialization technologies currently under development at the university and at el Aviv Sourasky Medical Center (TASMC). Under terms of the agreements, Baxter will exclusively license the TAU Technology Innovation Momentum Fund technology in one license agreement and TAU and TASMC technology in the second license agreement for use […]

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Initial Jobless Claims Rise

Initial Jobless Claims Rise

The 2,000 initial claims rise to 244,000 in the final week of June extended a 4,000 rise to 242,000 (was 241,000) in the Bureau of Labor Statistics (BLS) survey week to leave a steady climb heading into the annual vehicle retooling period, which analysts with Action Economics (AE) think leaves downside claims risk into early-July. Claims have undershot the 2016 average of 263,000 in every week of 2017 despite the […]

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European ADRs Move Higher Trading

European ADRs Move Higher Trading

American depositary receipts of European stocks were trading 0.12% higher at 133.32 on the Bank of New York Mellon Europe ADR Index on Friday. In continental Europe, the gainers were led by biopharmaceutical company Ascendis Pharma (ASND), which surged 7.7%, followed by cell therapy company TiGenix (TIG), which rose 3.7%. ASML (ASML), a manufacturer of chip-making equipment, and biopharmaceutical company DBV Technologies (DBVT) increased 2.7% and 2.3% each. The decliners […]

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Aurinia Pharmaceuticals Reports New Phase IIb Data

Aurinia Pharmaceuticals Reports New Phase IIb Data

Shares of Aurinia Pharmaceuticals Inc. were up over 5% in pre-market trading after it reported new remission data from its phase IIB AURA-LV (AURA) study in lupus nephritis (LN) The company said the data demonstrated that over the course of the 48-week trial, patients on voclosporin stayed in remission approximately twice as long as those in the control group. It said the differences were statistically significant versus the control arm, […]

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