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CymaBay’s stock surges as Gilead reaches $4.3 billion deal for liver-drug developer

CymaBay Therapeutics shares jumped 24% early Monday after Gilead Sciences reached a $4.3 billion deal to acquire the liver-drug developer.

Are we teaching our children to be beggars — or entrepreneurs? The pitfalls of youth fundraisers.

Maybe we don’t need to keep having our kids sell cookies and candy to the next-door neighbor.

Big Lots’ stock tumbles, as Wall Street’s top bear sees more than 80% downside

Shares of Big Lots Inc. were in danger of having their worst day in four years on Monday, after Loop Capital warned investors away from the discount home essentials retailer, citing a “precarious” financial situation and loss of relevance with consumers.

TOP Financial’s stock slides after Hong Kong-based company saw huge gains

The stock surged on trading volume of 72.63 million shares Friday, well above its 65-day trading volume of 1.26 million shares, and was halted for volatility during the session.

AbbVie lowers first-quarter guidance after closing acquisition ImmunoGen

AbbVie Inc.’s stock fell 0.5% early Monday, after the biotech lowered its first-quarter guidance to reflect the dilutive impact of its closure of the acquisition of ImmunoGen.

Oil prices pull back after surging 6% last week

Oil prices pull back to begin the week.

Short sellers boosted by ‘Hedge Fund Nirvana’ that sees most heavily-shorted companies suffer

The most heavily shorted stocks have underperformed in 2024 compared to rivals, in a turnaround compared to 2023

German bond yields slip as ECB official says rate reversal is ‘fast approaching’

The yield on the 2-year German bund fell Monday as a European Central Bank official raised the prospect of a fairly imminent rate cut.

Shares of Italian shoemaker Tod’s soar on private-equity bid

Tod’s stock jumped 17% in Milan following a takeover bid announced Sunday by U.S.-based private equity group L Catterton.

Bond yields pause as Bank of America says range may be shifting due to economic reports

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An inflection point for the winning momentum trade is near, says top technical analyst

At inflection points the momentum can suddenly shift.

Higher inflation, much weaker growth: Brexit has hit the U.K. economy hard, says Goldman Sachs.

The U.K. economy is now 5% worse off than it would have been had it never left the European Union, says a study by Goldman Sachs.
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