Articles by: Phil Lyman

Synlogic Reports Synthetic Biotic Medicines Show Anti-Tumor Response in Mouse Models

Synlogic Reports Synthetic Biotic Medicines Show Anti-Tumor Response in Mouse Models

April 18, 2018 at 2:10 pm

Synlogic (SYBX), a clinical-stage drug discovery and development company applying synthetic biology to probiotics to develop novel living medicines, reported late Monday preclinical data from its immuno-oncology program demonstrate that, in mouse models, the company’s Synthetic Biotic medicines were shown to stimulate an antitumor response and robustly reprogram the tumor microenvironment potentially enabling the treatment of a variety of cancers.Read More

Vedanta Poaches AngloGold Ashanti CEO Srinivasan Venkatakrishnan

Vedanta Poaches AngloGold Ashanti CEO Srinivasan Venkatakrishnan

April 18, 2018 at 2:09 pm

Bullion producer AngloGold Ashanti (AU) CEO Srinivasan Venkatakrishnan is leaving the company to take the helm at Indian tycoon Anil Agarwal’s Vedanta Resources (VEDL). Shares of Vedanta were little-changed intraday. The appointment of Venkatakrishnan, a highly regarded mining executive, is being seen as a coup for the company, according to the Financial Times. Venkatakrishnan has been CEO of AngloGold SinceRead More

Vale S.A. Reports Record Q1 Sales Volumes for Iron Ore, Pellets

Vale S.A. Reports Record Q1 Sales Volumes for Iron Ore, Pellets

April 18, 2018 at 2:07 pm

Vale S.A (VALE) reported Monday that for Q1, sales volumes for iron ore and pellets were a record, totaling 84.3 metric tonnes, up by 6.4 metric tonnes from the same period last year. Shares were down more than 1% in recent trading The company attributed the increase to the company’s flexibility and active management of its supply chain. Vale’s salesRead More

Marriott Vacations, ILG Shares Jump on Report They May Merge

Marriott Vacations, ILG Shares Jump on Report They May Merge

April 18, 2018 at 1:53 pm

Marriott Vacations Worldwide (VAC), a U.S. provider of vacation timeshare properties, may merge with peer ILG (ILG), Reuters reported on Monday, citing unidentified sources. The transaction would bring together two of the largest vacation ownership companies, with brands including Marriott, Ritz-Carlton, Westin, Hyatt and Sheraton. ILG views Marriott’s Vacations’ bid as the best it has received so far, and isRead More

Walt Disney Releases ESPN+ On-Demand App

April 12, 2018 at 12:41 pm

Walt Disney (DIS) released sports streaming app ESPN+ with a $4.99 a month subscription price as the media blue chip company increasingly works its way into on-demand entertainment services. The app offers live games, a basketball show with Kobe Bryant and the archives of ESPN’s 30 for 30 sports documentary series, Walt Disney said in a statement on Thursday. TheRead More

CASI Falls 2% Even as Chinese Regulator Schedules Meeting for Review

April 5, 2018 at 1:11 pm

CASI Pharmaceuticals (CASI) shares dropped 2% on Thursday afternoon even after the company said it got a letter from the Center for Drug Evaluation (CDE), a group within China’s drugs regulator in charge of technical review, indicating that Evomela for injection has been scheduled for review by the Expert Advisory Anti-Tumor Drugs Committee. The meeting will take place between AprilRead More