JMP Securities initiated coverage on Enovis Corporation ( ENOV ) , a medical technology company focusing on orthopedics. The analyst adds that the company sells a broad portfolio of products, many of which were added via selective acquisitions (around 20 over the last 4.5 years). The analyst views M&A as a core competency. The company’s product offerings span large joint...

LONDON, Oct 4 (Reuters) - The European Commission said on Friday it had received enough support in a vote of EU members to impose tariffs of up to 45% on imports of Chinese-made electric vehicles in the bloc's highest profile trade case, risking retaliation from Beijing. Here is reaction to the news: SWEDEN'S MINISTER FOR FOREIGN TRADE BENJAMIN DOUSA: We...

04:42 AM EDT, 10/04/2024 (MT Newswires) -- Shell (SHEL) is facing a lawsuit filed by Russia's Prosecutor General against several of its subsidiaries, Reuters reported Friday, citing court documents. The lawsuit, filed in Moscow's Arbitration Court, targets eight of the company's units and was initiated by Gazprom Export, Russia's energy ministry, regional authorities from Sakhalin island, and the Prosecutor General's...

04:01 AM EDT, 10/04/2024 (MT Newswires) -- Editas Medicine ( EDIT ) said Thursday it has sold future license fees and other payments it is owned under a license agreement for its Cas9 gene-editing technology with Vertex Pharmaceuticals to a wholly-owned subsidiary of DRI Healthcare Trust for an upfront cash payment of $57 million. Under the terms of the agreement,...