Action Economics Survey Results: 62k Jump in Initial Jobless Claims First Indicator to Show Some of Harvey Effects

Action Economics Survey Results: 62k Jump in Initial Jobless Claims First Indicator to Show Some of Harvey Effects

Action Economics said the 62k jump in initial jobless claims was the first indicator to show some of the effects Hurricane Harvey. New York Fed William Dudley said in a CNBC interview the economic effects will be mixed over the next several months. And indeed, this week’s Action Economics survey reveals the difficulties in estimating the impacts with some wide variance in several indicators, especially the production and sentiment figures. […]

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Alnylam Pharmaceuticals Gets FDA Breakthrough Therapy Designation

Alnylam Pharmaceuticals Gets FDA Breakthrough Therapy Designation

Alnylam Pharmaceuticals shares rose 2% in pre-market trade Wednesday after the Food and Drug Administration granted it breakthrough therapy designation for givosiran, an investigational RNAi therapeutic targeting aminolevulinic acid synthase 1 for the prophylaxis of attacks in patients with acute hepatic porphyria. Acute hepatic porphyrias is a rare metabolic disorder caused by deficiency within the liver of one of the eight enzymes responsible for heme biosynthesis. “We believe givosiran could […]

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Gold Standard Ventures Acquires Battle Mountain Gold

Gold Standard Ventures Acquires Battle Mountain Gold

Gold Standard Ventures said Wednesday that it has entered into a definitive agreement to acquire all of the issued and outstanding common shares of Battle Mountain Gold Inc. for consideration of 0.1891 of a common share of Gold Standard plus $0.08 in cash for each Battle Mountain common share held. Battle Mountain is a company focused on acquiring, exploring and developing precious metals projects in geological districts with potential for […]

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Harvest Natural Resources Closes Sale Of Gabon Interests

Harvest Natural Resources Closes Sale Of Gabon Interests

Harvest Natural Resources said Monday it has sold of all of its Gabon interests in accordance with a previously announced sale between Harvest and BW Energy Gabon, a private Singapore company. Under the terms, BW Energy Gabon bought Harvest’s 100% interest in Harvest Dussafu, which owns a 66.66% interest in the Dussafu production-sharing contract covering a 210,000-acre area located offshore Gabon, for $32 million in cash, including $2.6 million placed […]

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Jaguar Animal Health Launches Ad Campaign

Jaguar Animal Health Launches Ad Campaign

Shares of Jaguar Animal Health are more than 2% higher Thursday following the company’s announcement to begin a national TV and radio ad campaign for its lead prescription product, Neonorm, used in the treatment of diarrhea in newborn horses and young calves. The campaign also features a toll-free hotline, as well as an e-commerce area on the company’s corporate website that allows customers to purchase Neonorm online directly from Jaguar. […]

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