10:49 AM EDT, 04/16/2024 (MT Newswires) -- Palisade Bio ( PALI ) said Tuesday that an analysis of ex-vivo bioactivation of PALI-2108 showed that the prodrug demonstrated efficient conversion into its active phosphodiesterase-4 inhibitor form in stool samples from both normal healthy volunteers and patients with ulcerative colitis. PALI-2108 was converted into its active PDE4 inhibitor form at a roughly...

NEW YORK, April 16 (Reuters) - Bank of America ( BAC ) shares fell almost 4% after its profits in the first quarter were depressed as it set aside more money to cover souring loans, while predicting a rebound in interest income later this year. BofA's net interest income (NII) -- the difference between what it earns on loans and...

Deep-pocketed investors have adopted a bearish approach towards Occidental Petroleum ( OXY ) , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in OXY usually suggests something big is about to happen. We gleaned this information...

WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen said that China's massive investments in advanced manufacturing of clean energy goods has resulted in an unfair playing field that puts U.S. workers and businesses at risk, and it needs to be mitigated. Yellen told reporters on the sidelines of the International Monetary Fund and World Bank spring meetings that overproduction of...