12:17 PM EST, 03/08/2024 (MT Newswires) -- 3M ( MMM ) said Friday its board approved the planned spin-off of its health care business, which will be known as Solventum. Solventum, expected to separate on April 1, has applied to list on the New York Stock Exchange under the SOLV ticker. 3M ( MMM ) shareholders will receive one share...

12:21 PM EST, 03/08/2024 (MT Newswires) -- (Street Color news is derived from real time discussions with market professionals globally subscribed to the Street Color Premium Chat service on Bloomberg IB Chat and the ICE IM. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.) Price: 94.07, Change: +1.45, Percent...

Psyence Biomedical Ltd. ( PBM ) shares are racing higher Friday. The company recently announced its subsidiary, Psyence Australia, received Human Research Ethics Committee approval to initiate its Phase IIb study. The Details: On Wednesday, Psyence Biomedical ( PBM ) announced the approval for its Phase IIb study to examine the use of psilocybin as a treatment for Adjustment Disorder...

Bio-Path Holdings, Inc. ( BPTH )  shares are falling on Friday. The company reported fourth-quarter earnings per share of $4.23 loss, narrower than the estimate of $5.40 loss.  Bio-Path ( BPTH ) reported a net loss of $33.63 per share for the year ended Dec. 31, 2023, lower than $38.12 per share in the year-ago period. Research and development expense for the...