MabVax Starts Patient Enrollment in a Phase 1 Trial for MVT-1075

MabVax Starts Patient Enrollment in a Phase 1 Trial for MVT-1075

MabVax Therapeutics (MBVX), a clinical-stage biotechnology company, said pre-market Wednesday it will start patient enrollment at a second site, Memorial Sloan Kettering Cancer Center (MSK), in a phase 1 clinical trial evaluating a new radioimmunotherapy product for patients with locally advanced or metastatic adenocarcinoma of the pancreas (PDAC) or other CA19-9 positive malignancies including colon and lung cancers. MVT-1075 combines a potent radiotherapy with the tumor targeting specificity of the […]

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Cadence Design Systems’ Price Target Raised by RBC to $45 From $39

Cadence Design Systems’ Price Target Raised by RBC to $45 From $39

Cadence Design Systems (CDNS) received a price-target increase from RBC Capital Markets ahead of the functional-verification and digital-integrated-circuits company’s fiscal Q3 results set to be reported later this month. The new price target is $45 per share, up from $39. This moves the target above the stock’s Tuesday closing price of $41.01 from below it. RBC kept its investment rating on the stock at outperform. Ahead of Cadence’s Q3 report […]

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Akamai Technologies Buys Nominum

Akamai Technologies Buys Nominum

Akamai Technologies (AKAM) said it has agreed to acquire Nominum, a DNS and enterprise security solutions provider, in an all-cash transaction that is expected to be earnings accretive in 2019. The deal is intended to add complementary capabilities to Akamai’s portfolio of security offerings while expanding Akamai’s distribution to carriers that serve enterprise customers, according to a statement early Wednesday. The takeover is expected to close later in Q4. Financial […]

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Clorox Company Provides Details on 2020 Strategy to Drive Growth

Clorox Company Provides Details on 2020 Strategy to Drive Growth

Clorox Company (CLX) provided Thursday key elements of its 2020 strategy to achieve its goal of profitable, sustainable and responsible growth. The company said it plans to drive superior value behind strong brand investment, innovation and technology transformation, accelerating portfolio momentum by optimizing investments between “growth brands” and “fuel brands, ” fueling growth by reducing waste in work, products and supply chain, and focusing on long-term shareholder value. Chairman and […]

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Bullish Economic Data and Hawkish Fed-Speak Keeps U.S. Dollar Buoyant

Bullish Economic Data and Hawkish Fed-Speak Keeps U.S. Dollar Buoyant

The U.S. dollar strengthened again on Thursday on the heels of bullish economic data, and promising news regarding pro-growth tax reform in the U.S. Record highs on Wall Street accompanied by higher Treasury yields helped elevate the USD/JPY pair through the 50- and 100-hour moving averages to just shy of 113.00. But with resistance building at 112.90, the dollar could not mount a convincing breach and closed only fractionally higher […]

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