09:04 AM EDT, 09/20/2024 (MT Newswires) -- (Updates with the revised fiscal 2025 adjusted EPS guidance in the sixth paragraph, as well as the latest stock move in the last paragraph and the headline.) FedEx ( FDX ) reported fiscal Q1 adjusted earnings late Thursday of $3.60 per diluted share, down from $4.55 a year earlier. Analysts polled by Capital...

09:00 AM EDT, 09/20/2024 (MT Newswires) -- August's headline retail sales rose 0.9% during the month, besting estimates from economists and the flash estimate from Statistics Canada, said Desjardins. The strength in Friday's headline figure was driven by a rebound in motor vehicle sales following a widespread software outage at dealerships in June. That said, excluding autos and gasoline, sales...

Sept 20 (Reuters) - The U.S. Food and Drug Administration approved Zevra Therapeutics' ( ZVRA ) drug for a rare and fatal genetic disorder, making it the first treatment to get a nod for the condition, the health regulator said on Friday. The company has been trying for years to bring the drug to market after the U.S. health regulator...

09:30 AM EDT, 09/20/2024 (MT Newswires) -- BioSyent ( BIOYF ) said a subsidiary, BioSyent Pharma, will acquire some assets so it can supply Tibelia, a tibolone-based hormone replacement therapy drug, to distributors worldwide. Under an agreement with Novalon and Mithra Pharmaceuticals, BioSyent Pharma will pay 2.3 million euros to acquire the intellectual property, global rights, certain licensing, distribution and...