Sharon Wrobel

About the Author Sharon Wrobel

Immunomedics Shares Double as Promising Results Halt Breast Cancer Drug Study

Immunomedics Inc’s shares (IMMU) more than doubled after the biotech company said a study of its breast cancer drug was halted early on “compelling evidence …

Michael Kors, Versace Parent Furloughs U.S. Workers, Suspends Share Buyback

Capri Holdings Ltd. (CPRI) on Wednesday announced that it would furlough all of its 7,000 employees in North America and suspend share buybacks …

Gilead Sciences, Second Genome in Pact For Inflammatory Disease Drug Finds

Gilead Sciences Inc. (GILD) and Second Genome have entered into a four-year partnership aimed at joining forces in biomarker research and discovery of …

British American Tobacco Unit to Develop Tobacco-Based Coronavirus Drug

British American Tobacco (BTI)  has said that its U.S.

RedHill Biopharma Says First Coronavirus Patient Treated With Opaganib Drug

RedHill Biopharma Ltd. (RDHL) said on Monday that its first coronavirus patient has been treated with with the company’s new proprietary drug called …

Billionaire Ackman’s Pershing Fund Gains 11% in March on Coronavirus Recovery Bet

Bill Ackman’s publicly-traded hedge fund posted a 11% net gain in March as the billionaire investor plowed more than $2 billion into the …

Boeing Extends Washington State Factory Production Halt Indefinitely

Boeing Co (BA) said it will extend the suspension of production at its Washington state factory until further notice amid an acceleration of …

Ford First-Quarter Sales Decline 12.5% as Showrooms Remain Closed Amid Pandemic

Ford Motor Co. (F) reported that overall U.

Tesla Sees Solid Quarterly Deliveries Despite Global Coronavirus Pandemic

Tesla Inc (TSLA) said it delivered the highest number of vehicles in any first quarter ever despite the outbreak of the coronavirus pandemic. …

General Motors, Honda Join Forces to Build Two Electronic Cars

General Motors Co. (GM) and Honda Motor Co.

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