Devina Lohia

About the Author Devina Lohia

Lordstown Motors Slips 20% as CEO and CFO Resign

Shares of U.S.

Sorrento Teams with Mayo Clinic and Gets UK Approval for Phase 2 Trial for COVI-DROPS; Shares Roar 5%

Shares of the biopharmaceutical company Sorrento Therapeutics (SRNE) jumped 5.1% in Friday’s extended trading session after the company inked a research collaboration agreement …

Magellan Midstream Divests its Independent Terminals for $435M; Shares Jump 2.9%

Shares of Magellan Midstream Partners (MMP) gained 2.9% after the company inked a deal to sell its independent terminals network to Buckeye Partners for …

Henry Schein Takes Major Stake in eAssist Dental Solutions

Henry Schein (HSIC) has revealed that it has acquired a 70% ownership stake in eAssist Dental Solutions. The financial terms of the deal …

Medtronic Receives FDA Approval for Neurostimulator; Shares Rise 1.4%

Shares of Medtronic (MDT) gained 1.4% after the company received approval from the U.

United Airlines Launches Corporate Venture Capital Fund; Shares Drop 1.7%

United Airlines Holdings (UAL) has announced the launch of United Airlines Ventures, a new corporate venture fund that will have stakes in high-potential companies …

Occidental Petroleum Divests Non-Strategic Permian Basin Acreage for $508 Million

Occidental Petroleum (OXY) has inked a deal with Colgate Energy Partners III to sell its non-strategic acreage in the Permian Basin for $508 …

ExxonMobil Discovers Oil at Longtail-3 Offshore Guyana

ExxonMobil (XOM) announced that it has discovered oil at Longtail-3 in the Stabroek Block off the coast of Guyana. Shares of the American …

Salesforce Extends Financial Services Offerings to Corporate and Investment Bankers

Salesforce (CRM) has revealed the launch of Corporate and Investment Banking for Financial Services Cloud to cater to the needs of the highly …

Zoom Launches Zoom Phone Appliances; Shares Drop 2.2%

Shares of Zoom Video Communications (ZM), an American communications technology company, declined 2.2% after it revealed the launch of Zoom Phone Appliances.

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