11:19 AM EDT, 04/15/2024 (MT Newswires) -- Soligenix ( SNGX ) shares rose 58% recent Monday trading after the company said the active ingredient in MarVax received an orphan drug designation from the US Food and Drug Administration. The active ingredient in MarVax, the subunit protein vaccine of recombinantly termed Marburg marburgvirus glycoprotein, received the designation for the prevention and...

BERLIN (Reuters) -Lufthansa slashed its 2024 earnings outlook on Monday, blaming a series of strikes and a slower than planned ramp-up of capacity, in a profit warning that sent its share price sliding by more than 4% to a five-month low. The German flag carrier now expects adjusted earnings before interest and taxes (EBIT) of 2.2 billion euros ($2.3 billion)...

(Reuters) - Coach parent Tapestry's $8.5 billion deal to buy Michael Kors owner Capri Holdings ( CPRI ) has received regulatory clearance from the European Union and Japan, the companies said on Monday. The merger, which would bring top luxury labels such as Tapestry's Kate Spade, Stuart Weitzman and Capri's Jimmy Choo and Versace under one roof, still awaits approval...

April 15 (Reuters) - Industrial gas manufacturer Air Products and Chemicals ( APD ) said on Monday it has received funding to build two hydrogen refueling stations in Germany, which are capable of fueling a range of vehicles including trucks. The Pennsylvania-based company said it will build, own and operate the two high-capacity stations. The state of North Rhine-Westphalia, the...