02:11 PM EDT, 04/04/2024 (MT Newswires) -- Microsoft ( MSFT ) is likely to be charged by regulators in South Africa for squeezing out its competition by making it difficult for local vendors to transition their cloud licenses, Bloomberg reported Thursday, citing people with the knowledge of the matter. The South African Competition Commission is looking to file a formal...

02:12 PM EDT, 04/04/2024 (MT Newswires) -- ADC Therapeutics ( ADCT ) rose past 10% in recent Thursday trading after the company said it completed dose escalation in its phase 1b trial of Zynlonta plus glofitamab or mosunetuzumab in patients with relapsed/refractory B-cell non-hodgkin lymphoma. There were no dose-limiting toxicities, no or low-grade cytokine release syndrome, and no immune effector...

Keybanc Capital Market analyst Tim Rezvan initiated coverage on Chesapeake Energy Corporation ( CHK )  at Sector Weight rating. The rating reflects the near/medium-term outlook for natural gas. The analyst says management is acting prudently by curtailing production amid weak prices.  The analyst writes that significant synergies can be extracted from the Southwestern merger and believes management is proving to be a first-mover with its push...

The Walt Disney Co ( DIS ) stock has been on a tear the past six months. The stock has returned over 50% to investors, as CEO Bob Iger‘s turnaround plans take the desired effect. So far in 2024, it’s up over 32.50%. Disney ( DIS ) stock momentum is due to several catalysts, including: The company’s strong financial performance...