01:58 PM EDT, 09/13/2024 (MT Newswires) -- Health care stocks advanced Friday afternoon with the NYSE Health Care Index up 0.3% and the Health Care Select Sector SPDR Fund (XLV) adding 0.4%. The iShares Biotechnology ETF (IBB) climbed 1.3%. In corporate news, MBX Biosciences (MBX) shares debuted on Nasdaq with an opening price of $23 apiece, above the initial public...

01:59 PM EDT, 09/13/2024 (MT Newswires) -- Bicara Therapeutics (BCAX) shares were up more than 42% in recent Friday trading after the company's stock marked its Nasdaq debut at higher than the $18-per-share IPO price. The company's shares were trading at $25.70 per share in recent trading after opening at $26.25. The company, on late Thursday, said it is offering...

01:55 PM EDT, 09/13/2024 (MT Newswires) -- Jefferies Financial Group ( JEF ) has shown consistent share gains in the investment banking industry, though expected increases in mergers and acquisitions, initial public offerings, and equity underwriting have yet to materialize as investment banking activity remains cyclically low, Oppenheimer said in a note Friday. A significant increase in debt refinancings, particularly...

01:59 PM EDT, 09/13/2024 (MT Newswires) -- Future Vision II Acquisition ( FVNNU ) closed its initial public offering of 5.75 million units, including 750,000 units for the underwriter's full exercise of an overallotment option. Priced at $10 per unit, the offering resulted in gross proceeds of $57.5 million, the blank-check company said. The units started trading Thursday on the...