Boeing Company Signs Seven New Customers for Boeing AnalytX

Boeing Company Signs Seven New Customers for Boeing AnalytX

The Boeing Company (BA) said Wednesday at the MRO Europe conference it has new agreements with seven customers for Boeing AnalytX, bringing the total amount of its analytics contracts signed this year to 223. Shares drifted slightly lower intraday. It said AnalytX brings together the work of more than 800 analytics experts across Boeing’s commercial, defense, and services businesses. The total value of the deal was not disclosed. Launched in […]

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Exelixis Earns $10 Mln Payment as Bristol-Myers Squibb Seeks Clinical Trial Authorization

Exelixis Earns $10 Mln Payment as Bristol-Myers Squibb Seeks Clinical Trial Authorization

Exelixis (EXEL) said Wednesday it received a $10 million milestone payment from Bristol-Myers Squibb (BMY). Shares climbed more than 2.5% intraday. The payment was made as part of the terms of a worldwide collaboration for compounds targeting retinoic acid-related orphan receptor (ROR), a family of nuclear hormone receptors implicated in inflammatory conditions, according to a statement. It was triggered by Bristol-Myers Squibb’s filing of a clinical trial authorization in Europe […]

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Bond Prices Tumble on ISM Jump

Bond Prices Tumble on ISM Jump

U.S. Treasury prices flipped lower following a surge in September services data, with the long bond leading lower while the two-year outperformed. Prices had been paring gains, grinding lower into the day’s second services sector report after an early push higher to Friday levels. Traders were eyeing the key technical 2.33% area on the 10-year. Ongoing chatter over who is being considered for the Federal Reserve chairmanship (including current head […]

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Europe ADRs Head South in Wednesday’s Session

Europe ADRs Head South in Wednesday’s Session

American depository receipts of European stocks were trading 0.34% lower at 139.18 on the Bank of New York Mellon Europe ADR index on Wednesday morning. Decliners in Continental Europe were led Sequans Communications (SQNS), a French developer of chipset solutions, down 36.9%; followed by CGG (CGG), a manufacturer of geophysical equipment, at 4.8% lower; voxeljet (VJET), a German three-dimensional printer manufacturer, down 3.7%; and Banco Bilbao Vizcaya Argentaria (BBVA), a […]

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