In today's stock market news, several key announcements stand out. Notably, Evotec SE (EVO) has partnered with Pfizer to advance early drug discovery in France, aiming to tackle metabolic and infectious diseases. This collaboration is expected to leverage the biopharmaceutical ecosystem in France and could lead to milestone payments for Evotec. Caledonia Mining Corporation (CMCL) reported a significant 19% increase in gold production at its Blanket Mine in Q2 2024, indicating robust operational performance and maintaining its annual production guidance between 74,000 and 78,000 ounces. Additionally, Yatsen Holding (YSG) has adjusted its revenue outlook for Q2 2024, projecting a decline of 5% to 10% year-over-year, reflecting challenging market conditions. Meanwhile, BiomX Inc. (PHGE) announced stockholder approval to convert its Series X Preferred Stock into common shares, a move aimed at bolstering compliance with NYSE American listing requirements. Further, Virgin Galactic (SPCE) has completed a new manufacturing facility in Arizona to support the production of its next-generation Delta spaceships, with operations expected to begin in Q1 2025. In sustainability news, BD (BDX) exceeded its greenhouse gas emissions reduction goals for FY 2023, reporting an 18% decrease against a 13% target. Lastly, TotalEnergies (TTE) has acquired a 10% stake in the Ruwais LNG project, reinforcing its presence in the UAE's energy sector, while bp (BP) announced plans to install over 900 ultra-fast EV charging bays across the US in collaboration with Simon Property Group.
Stock Market News 2024-07-10
620 news published.
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