(Reuters) -Best Buy ( BBY ) beat Wall Street estimates for quarterly profit on Thursday as benefits from its membership program and cost-saving efforts helped overcome a steeper-than-expected drop in comparable sales. While consumers in the United States are still shy on big-ticket discretionary spending, Best Buy ( BBY ) is hoping to see sales normalize this year as shopping...

08:04 AM EDT, 05/30/2024 (MT Newswires) -- Celcuity ( CELC ) said Thursday it has priced its offering of about 3.8 million common shares at $15.50 per share for gross proceeds of $60 million. Investors, including BVF Partners, Vivo Capital, Eventide Asset Management, have agreed to purchase shares in the offering. Proceeds from the offering, which is expected to close...

By Bhanvi Satija May 30 (Reuters) - Sherlock Bio said on Thursday it had begun a trial of its over-the-counter rapid test for detecting sexually transmitted infections (STI) such as chlamydia and gonorrhea, and aims to launch it by mid-2025. The Massachusetts-based startup expects to become the first to launch a prescription-free rapid test for the infections, which affected 2.3...

08:03 AM EDT, 05/30/2024 (MT Newswires) -- Main Street Capital ( MAIN ) said Thursday that it has made a portfolio investment worth $32.8 million in a company that provides supply chain management services to US federal government agencies. Main Street said it has funded the deal with senior secured term debt with equity warrant participation. Price: 48.04, Change: +0.26,...