US-based biotechnology company Rallybio has entered a definitive agreement to acquire Candid Therapeutics through a merger transaction. The combined company expects pro-forma cash of around $700m at closing. Candid chairman, president and CEO Dr Ken Song will lead the new entity. Rallybio co-founder and CEO Dr Stephen Uden said: "We are pleased to announce this transaction, which we believe represents a compelling opportunity for Rallybio stockholders to participate in the future value creation of a well-ca ...

Ziff Davis to sell connectivity division to Accenture for $1.2 billion | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]The logo of Irish services and consulting company Accenture is seen at an temporary office during the World Economic Forum 2022 (WEF) in the Alpine resort of Davos, Switzerland May 25, 2022.... [Purchase Licensing Rights, opens new tab] Read moreMarch 3 (Reuters) - Ziff Davis [(ZD.O), opens new tab] said on Tuesday ...

Oil prices continued to climb on Tuesday amid rising tensions from the ongoing conflict involving the US, Israel and Iran, raising fears of significant supply disruptions from the Middle East. These developments follow joint air strikes by the US and Israel on Iran over the weekend that resulted in the death of Iranian Supreme Leader Ayatollah Ali Khamenei, which subsequently prompted violent retaliation from Iran. The conflict escalated as Israel conducted attacks on Lebanon, and Iran launched strikes on e ...

Core Insights - Apple Inc. has launched a lower-priced iPhone 17e at $599, targeting the mid-range market to compete with Samsung, Google, and Chinese smartphone manufacturers [1] - The iPhone 17e features a 6.1-inch display, tougher glass, the new A19 chip, updated C1X modem, and MagSafe charging, with doubled base storage of 256GB [2] - The iPad Air has been updated with the M4 processor, offering up to 30% faster performance, while maintaining its pricing at $599 for the 11-inch model and $799 for the 13-inch version [3] Product Details - The iPhone 17e is positioned $200 below the standard iPhone 17, appealing to price-sensitive consumers without affecting premium model sales [1][2] - Preorders for the iPhone 17e will begin on March 4, with in-store availability starting on March 11, and it will be available in pink, black, and white [2] - The iPad Air updates come after strong holiday demand, with approximately half of the buyers being new customers [3]

Credo Technology, on Monday, reported quarterly adjusted earnings of $1.07 per share, surpassing the consensus estimate of 95 cents, while revenue reached $407.01 million, exceeding the $400.23 million forecast. Credo Technology Group Holding Ltd. (NASDAQ:CRDO) shares are down during Tuesday's premarket session following the company's recent third-quarter earnings report. The stock's decline comes as it reported strong quarterly results, but broader market pressures are adding to the downward momentum, with ...

Bath & Body Works, Inc. (NYSE:BBWI) will release its fourth quarter earnings before the opening bell on Wednesday, March 4. Meanwhile, some of the retailer's investors are eyeing potential gains from the company's dividends. Currently, Bath & Body Works has an annual dividend yield of 3.63%. That's a quarterly dividend amount of 20 cents per share (80 cents a year). To figure out how to earn $500 monthly from Bath & Body Works, we start with the yearly target of $6,000 ($500 x 12 months). For example, if a ...

US stocks have extended their slide, with selling accelerating asthe first hour of trading ticks past.Target rose 4% after the retailer also beat EPS expectations for its fourth quarter, as margins improved despite softer sales .Chief executive Corie Barry said the company was “pleased to report better-than-expected profitability”, adding that while comparable sales declined, market share was “at least flat”, pointing to softer overall demand across the industry during the holiday period.Best Buy topped the ...

190 USANA-Sponsored Athletes Earn a Record 28 Medals at 2026 Winter Olympic Games [Accessibility Statement] Skip NavigationUSANA athletes from eight national teams and 12 winter sports participated in the gamesSALT LAKE CITY, March 3, 2026 /PRNewswire/ -- USANA Health Sciences, Inc. (NYSE: USNA) congratulates the 190 USANA-sponsored athletes* who competed at the 2026 Winter Olympic Games, earning a total of 28 medals across 12 winter sports while representing eight national teams from four countries.US Ski ...

Best Buy (BBY) reported a surprise sales slump in its key holiday shopping season. Same-store sales declined 0.8% in the fourth quarter, the company said Tuesday. Wall Street had hoped for a 0.2% increase after two straight quarters of positive growth. For 2027, the company expects revenue to come in the range of $41.2 billion to $42.1 billion, alongside same- store sales that are expected to fall in a range between a 1% decline and 1% rise for the year. Adjusted earnings per share are expected to be in a r ...

Her background includes global strategy consulting and leadership roles within a European consumer packaging company. She has held positions in several regions, including Europe, the US, and Australia. As she steps into the new role, Hartinger is expected to maintain the direction set during the previous restructuring and guide the organisation through its next growth phase. Hartinger said: "I thank Dr Weymans for the trusting collaboration over the past months. The foundation laid by the restructuring is e ...