08:39 AM EST, 02/28/2025 (MT Newswires) -- TKO (TKO) said Friday that it has completed the acquisition of three sports and events-related businesses from Endeavor (EDR). The acquisition includes IMG, a sports marketing agency, excluding businesses associated with the IMG brand in licensing, models, and tennis, and golf representation, as well as its entire events portfolio, which will remain with...

Feb 28 (Reuters) - Praxis Precision Medicines ( PRAX ) said on Friday an independent committee had recommended that its tremor drug trial be stopped for futility, as the trial was unlikely to meet the main goal. Shares of the company fell 40% in premarket trading. The Independent Data Monitoring Committee indicated that some underlying assumptions of the statistical model...

FRANKFURT (Reuters) -Banks struggled to process payments on Friday after an unprecedented day-long breakdown in the European Central Bank's machine underpinning trillions of euros of money movements. The ECB said late on Thursday it had fixed the roughly seven-hour outage in its payment system, which had left transactions likely worth trillions of euros from firms, consumers and investors up in...

08:33 AM EST, 02/28/2025 (MT Newswires) -- Wex (WEX) said late Thursday it has priced an upsized private offering of $550 million of its new 6.5% senior unsecured notes due 2033. The offering, upsized from the previously announced amount of $500 million, is expected to close on March 6, the company said. The company said it plans to use the...