Sharon Wrobel

About the Author Sharon Wrobel


Carnival Shares Get Some Relief After Saudi Fund Buys Stake

Carnival Corp.’s (CCL) shares climbed 21% after Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), on Monday disclosed an 8.

Cisco to Acquire Fluidmesh to Boost Internet of Things Business

Cisco Systems Inc. (CSCO) announced that it plans to acquire technology company Fluidmesh Networks, to meet the growing demand for wireless connectivity on …

GlaxoSmithKline, Vir Biotech Team Up in Hunt For Coronavirus Treatment 

British drugmaker GlaxoSmithKline (GSK) and Vir Biotechnology Inc (VIR) on Monday announced a partnership to develop potential antibody treatments for COVID-19, the disease …

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 …

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