Alexion's stock is up after announcing trial for COVID-19 patients

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Alexion's stock is up after announcing trial for COVID-19 patients

Shares of Alexion Pharmaceuticals Inc. ALXN, +1.94% gained 2.1% in trading on Monday morning after the drugmaker announced it plans to conduct a Phase 3 trial testing Ultomiris in patients with severe forms of COVID-19. The open-label, randomized, …
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United Airlines sees first-quarter $2.1 billion pretax loss as coronavirus hits LatAm investments

(Reuters) – United Airlines (UAL.O) said on Monday it expects to report a pretax loss of about $2.1 billion for the first quarter, hurt by a precipitous drop in travel demand from the coronavirus outbreak which has weighed on its investments in Latin America.
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4/20 Fizzle: Pot Industry Tested As Virus Slams Economy

The unofficial holiday celebrating all things cannabis arrives Monday as the nation’s emerging legal marijuana market braces for an economic blow from the coronavirus crisis, with many consumers reducing spending or going underground for deals.
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Alimentation Couche-Tard Inc. drops takeover pursuit of Caltex Australia Ltd.

LAVAL, Que. — Alimentation Couche-Tard Inc. is dropping its pursuit of Caltex Australia Ltd. due to the COVID-19 crisis. The company had been working on a revised takeover bid after an earlier offer was rebuffed. article continues below …
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Truist cuts 800 jobs. More cutbacks expected in BB&T, SunTrust merger

Truist got rid of a net 800 positions in the first quarter, one of the first steps towards achieving the cost savings that investors were promised when BB&T and SunTrust combined to form the new bank. The Charlotte-based bank disclosed the cuts in a …
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