Oct 16 (Reuters) - Real estate investment trust (REIT) Prologis ( PLD ) raised the lower end of its full-year forecast for adjusted core funds from operations on Wednesday due to strong long-term demand drivers, sending its shares up 1.5% in premarket. The warehouse-focused REIT said the decline in business activity, which began after a downturn in freight demand post...

09:13 AM EDT, 10/16/2024 (MT Newswires) -- Consumer stocks were edging higher premarket Wednesday as the Consumer Staples Select Sector SPDR Fund ( XLP ) was slightly advancing and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) was up 0.1% recently. Container Store Group ( TCS ) shares advanced by over 37% after the company said it signed...

09:18 AM EDT, 10/16/2024 (MT Newswires) -- Novavax ( NVAX ) said Wednesday that the US Food and Drug Administration has placed a clinical hold on its investigational new drug application for its COVID-19-influenza combination and standalone influenza vaccine candidates. The company said the clinical hold is due to a report of a serious adverse event involving motor neuropathy in...

Novavax Inc. ( NVAX ) stock is trading lower on Wednesday. The FDA has placed a clinical hold on Novavax’s Investigational New Drug (IND) application for its COVID-19-influenza combination (CIC) and stand-alone influenza vaccine candidates. The clinical hold is due to a spontaneous report of a serious adverse event (SAE) of motor neuropathy in a single CIC Phase 2 trial participant outside...