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2:24 a.m. Oct. 19, 2021 - By Ciara Linnane
Candela Medical to offer 14.7 million shares in IPO priced at $16 to $18 eachCandela Medical Inc. , which makes devices for cosmetic surgery, set terms for its initial public offering on Tuesday, with plans to issue 14.7 million shares priced at $16 to $18 each. The company would raise $265 million at the top of that range, at a valuation of $1.7 billion. The company has applied to list on Nasdaq, under the ticker 'CDLA.' BofA Securities, Goldman Sachs and Barclays are lead underwriters in a syndicate of 10 banks working on the deal. "We are a leading provider of advanced medical device solutions for a broad range of aesthetic applications," the company says in its IPO documents. "Our brands and products have been recognized for their innovation and as leaders in the high growth medical aesthetics space for almost 40 years. " The deal comes at a time when the Renaissance IPO ETF has gained 5.3% in the year to date, while the S&P 500 has gained 19.5%.
2:47 a.m. Sept. 15, 2021 - By Ciara Linnane
Coronavirus tally: Global cases of COVID-19 near 226 million and Alaska is latest state to ration care The global tally for the coronavirus-borne illness climbed above 225.8 million on Wednesday, while the death toll rose to 4.65 million, according to . The U.S. continues to lead the world with a total of 41.4 million cases and 663,936 deaths. Alaska has joined Idaho in announcing one major hospital is operating under "crisis standards of care," because it is overwhelmed with COVID-19 patients, In Alabama, all ICU beds are occupied, and hospitals in other southern states are also dangerously low on space. The U.S. is still recording about 1,500 deaths from COVID every day, the most since winter, and cases are averaging more than 152,000. India is second by cases after the U.S. at 33.3 million and has suffered 443,497 deaths. Brazil has second highest death toll at 587,797 and 21 million cases. In Europe, Russia has most fatalities at 191,566, followed by the U.K. at 134,774.
4:15 a.m. Aug. 3, 2021 - By Jaimy Lee
Sanofi to buy mRNA developer for $3.2 billionShares of Translate Bio Inc. soared 29.8% in premarket trading on Tuesday after Sanofi said it will spend $3.2 billion to buy the developer of messenger RNA (mRNA) technologies. The U.S.-listed shares of Sanofi were down 0.1% in premarket trade. "A fully owned platform allows us to develop additional opportunities in the fast-evolving mRNA space," Sanofi CEO Paul Hudsons said in a statement. Investors are paying much closer attention to mRNA developments since the mRNA COVID-19 vaccines developed by Moderna Inc. and BioNTech SE /Pfizer Inc. have been authorized. Sanofi and Translate are also developing a mRNA COVID-19 vaccine; the experimental shot is currently in a Phase 1/2 clinical study. "Given the early stage of TBIO's platform, and the company's recent pivot into vaccines, the deal terms strike us as favorable for SNY and fair for TBIO," SVB Leerink's Geoffrey Porges told investors on Tuesday. So far this year, Translate's stock has gained 58.1% and Sanofi is up 5.5%. The S&P 500 has gained 17.0%.
5:51 p.m. May 25, 2021 - By Quentin Fottrell
Why are ‘Karens’ so angry? Such incidents have not gone away. Instead, they’ve become another depressingly ubiquitous feature of modern lifeSuch incidents have not gone away. Instead, they’ve become another depressingly ubiquitous feature of modern life.
5:31 a.m. May 23, 2021 - By Quentin Fottrell
Our neighbor’s car damaged our house. She begged us not to report it. Now she needs to borrow money, and is nickel-and-diming our contractor ‘Louise came to our house to lament that she would need to borrow from her sister and Ada in order to even pay the $1,000’‘Louise came to our house to lament that she would need to borrow from her sister and Ada in order to even pay the $1,000’
6:57 a.m. April 4, 2021 - By Quentin Fottrell
I’m dating a married man. He made me the beneficiary on a $100K life-insurance policy. Could his wife sue to claim this money? ‘Although we both care greatly for each other, our relationship started as and remains a mutually beneficial one: money for me, companionship for him’‘Although we both care greatly for each other, our relationship started as and remains a mutually beneficial one: money for me, companionship for him.’
11:48 a.m. March 17, 2021 - By Quentin Fottrell
My father’s divorce decree says his kids will inherit his house — but he later put it in a trust for his third wife. Which one wins out? ‘My father says he feels very guilty about the entire situation.’‘My father says he feels very guilty about the entire situation.’
1:26 p.m. March 13, 2021 - By Alison Fottrell
‘We are weary’: Life in Italy, one year after national lockdown to stop the spread of COVID-19 ‘The presence of increased police patrols in a crowded square in Como on a recent Saturday evening is further evidence of a developing social malaise that needs to be kept in check’‘The presence of increased police patrols in a crowded square in Como on a recent Saturday evening is further evidence of a developing social malaise that needs to be kept in check.’
10:22 a.m. March 7, 2021 - By Quentin Fottrell
My husband and his brother inherited a property. Our son moved in. We paid $60K in taxes and repairs. Do we split it 50/50? ‘The house is probably 90 years old, and needed quite a lot of work before they could move in’‘The house is probably 90 years old, and needed quite a lot of work before they could move in.’
6:52 a.m. Feb. 18, 2021 - By Jaimy Lee
Retractable Technologies gets $54 million to supply syringes to the U.S. for COVID-19 vaccinationRetractable Technologies Inc. said in a securities filing on Feb. 16 that it was awarded a $54.2 million contract from the federal government. to supply low dead space safety syringes. These types of syringes are used to extract an extra dose from the vials of BioNTech SE and Pfizer Inc.'s COVID-19 vaccine. The contract amount includes payment for the products and transporting them over a five-month period. It also includes options that could increase the value of the contract to $92.7 million. Retractable's stock has rallied 987.4% over the past 12 months. The broader S&P 500 is up 16.3%.
10:02 a.m. Jan. 31, 2021 - By Quentin Fottrell
My sister is a single mother and thinks ‘squatter rights’ is the way to secure housing in the pandemic. What can I do? ‘She has been better with her money the last three months, but she has been very irresponsible in her spending the last few years — paying for breast implants, for example’‘She has been better with her money the last three months, but she has been very irresponsible in her spending the last few years — paying for breast implants, for example.’
10:33 a.m. Jan. 25, 2021 - By Ciara Linnane
Biden to reinstate travel bans amid fears about new variants as global case tally heads toward 100 million Dr. Fauci says Johnson & Johnson’s one-dose vaccine could bet emergency use authorization within two weeksThe global tally of confirmed cases of the coronavirus-borne illness COVID-19 headed closer to 100 million on Monday with the U.S. accounting for a quarter of that total, as President Joe Biden prepared to reinstate travel restrictions against foreign citizens visiting the U.S. from Brazil, the U.K, Ireland and much of the rest of Europe, as well as South Africa.
4:24 a.m. Jan. 25, 2021 - By Jaimy Lee
CDC says doses of COVID-19 vaccines can be spaced out by up to 42 daysThe Centers for Disease Control and Prevention updated for vaccine administration to say that it's okay to space out the first and second doses of the currently available COVID-19 vaccines by up to 42 days, if necessary. The regulatory labels say that doses of the BioNTech SE and Pfizer Inc. vaccine should be spaced 21 days apart, while the second dose of Moderna Inc.'s 's vaccine is expected to be administered 28 days after the first dose. "However, if it is not feasible to adhere to the recommended interval, the second dose of Pfizer-BioNTech and Moderna COVID-19 vaccines may be scheduled for administration up to 6 weeks (42 days) after the first dose," the CDC said. The United Kingdom has also said of its authorized vaccines, which include the AstraZeneca and University of Oxford vaccine in addition to the ones developed by BioNTech/Pfizer and Moderna, as needed. Over the past 12 months, BioNTech's stock has rallied 209.9%, Pfizer shares are down 3.1%, and Moderna's stock has soared 520.3%. The S&P 500 has gained 15.6% over the past year.
7:22 a.m. Jan. 23, 2021 - By Quentin Fottrell
My wife has a degenerative neurological disease. My father-in-law wants to put her in a facility — and take over our finances ‘My father-in-law now seems obsessed with moving my wife out of our home to some sort of group home/facility. The mere thought of this seems abhorrent and barbaric’‘My father-in-law now seems obsessed with moving my wife out of our home to some sort of group home/facility. The mere thought of this seems abhorrent and barbaric.’
3:23 a.m. Jan. 21, 2021 - By Ciara Linnane
Boston Scientific to acquire Preventice Solutions for $925 million in cash, up to $300 million in potential milestone paymentsBoston Scientific Inc. said Thursday it has agreed to acquire privately held Preventice Solutions Inc. for an upfront payment of $925 million and up to $300 million in potential milestone payments. The company has been an investor in Preventice since 2015 and currently owns a 22% state. Preventice, which provides mobile cardiac services, including ambulatory cardiac monitors, had sales of $158 million in 2020, up 30% from the year-earlier period. "Cardiovascular disease is the leading cause of mortality globally, accounting for nearly 17.9 million annual global deaths and highlighting the need for early detection and management for individuals who may be at risk of a cardiac event," Boston Scientific said in a statement. The deal is expected to close by mid-2021 and to be immaterial to adjusted earnings in the first year, to boost adjusted earnings by at least one cent in 2022 and to be increasingly accretive after that. "This acquisition will provide Boston Scientific with a foothold in the high-growth ambulatory electrocardiography space, which strongly complements our recent entrance into the implantable cardiac monitor market and will serve as an important component of our category leadership strategy in cardiac diagnostics and services -- a nearly $2B market anticipated to grow double digits annually," said Scott Olson, Boston Scientific senior vice president and president, Rhythm Management, in a statement. Shares were up 0.9% premarket, but have fallen 17% in the last 12 months, while the S&P 500 has gained 16%.
5:16 a.m. Jan. 16, 2021 - By Quentin Fottrell
I didn’t receive a $1,200 stimulus check during the first surge of COVID-19. Will I get a payment this time around? President-elect Bidens said Thursday he will call for $1,400 stimulus checks and more vaccine funds in $1.9-trillion COVID-19 relief plan. President-elect Bidens said Thursday he will call for $1,400 stimulus checks and more vaccine funds in $1.9-trillion COVID-19 relief plan.
10:56 a.m. Jan. 4, 2021 - By Ciara Linnane
U.S. heads toward 21 million COVID-19 cases and 353,000 deaths as vaccine program continues to lag all targets ‘Last mile’ vaccine distribution has been far slower than required, ‘with millions of doses still sitting on the shelves,’ says Raymond James analystThe global case tally for the coronavirus-borne illness COIVID-19 climbed above 85 million on Monday, as the U.S. headed toward 21 million cases and 353,000 deaths, as the vaccine program continued to advance with fits and starts and to lag all early targets.
4:35 a.m. Jan. 3, 2021 - By Quentin Fottrell
My boyfriend’s ex-wife claimed her 2 sons as dependents on her taxes, and received their stimulus checks — but they live with us ‘The mother of these 2 boys lost custody through the Department of Homeland Security, and has offered no support’‘The mother of these 2 boys lost custody through the Department of Homeland Security, and has offered no support.’
4:35 a.m. Jan. 3, 2021 - By Quentin Fottrell
I earned $100,000 in 2019, but far less in 2020. Why did I not get a stimulus check? How is that fair? ‘I also know people who made over $100,000 in 2019, but can’t get a stimulus because of their 2019 tax return’‘I also know people who made over $100,000 in 2019, but can’t get a stimulus because of their 2019 tax return’
11:18 a.m. Dec. 7, 2020 - By Quentin Fottrell
Biden wants Americans to wear masks for 100 days — do they protect against COVID-19 or merely promote healthy behavior? ‘Modeling suggests that near universal masking could prevent 180,000 COVID-19 deaths,’ one expert told MarketWatch‘Modeling suggests that near universal masking could prevent 180,000 COVID-19 deaths,’ one expert told MarketWatch.
7:46 a.m. Dec. 7, 2020 - By Andrew Keshner
Want your loved one in a nursing home to get a COVID-19 vaccine? Ask these questions first There are approximately 3 million people living in long-term care facilities, according to the CDCThere are approximately 3 million people living in long-term care facilities, according to the CDC.
11:00 a.m. Dec. 4, 2020 - By Ciara Linnane
CDC forecasts up to 19,500 deaths from COVID-19 in week ending Dec. 26 ‘People were less willing to change their behavior than any other day during the pandemic,’ data analyst says of Thanksgiving DayThe U.S. set yet another record for new cases and fatalities in a single day from the coronavirus illness COVID-19 and the nation’s leading public health agency said there could be up to 19,500 deaths in the week ended Dec. 26.
5:04 a.m. Dec. 1, 2020 - By Quentin Fottrell
Pope Francis takes aim at anti-mask protesters: ‘They are incapable of moving outside of their own little world’ The Spanish Steps are free of tourists. The Trevi Fountain is blocked off with yellow ‘caution’ tape. Two nuns cut a dramatic silhouette across an empty Peter’s SquareThe Spanish Steps are free of tourists. The Trevi Fountain is blocked off with yellow ‘caution’ tape. Two nuns cut a dramatic silhouette across an empty Peter’s Square.
12:57 a.m. Nov. 26, 2020 - By Meera Jagannathan
The CDC says you shouldn’t travel for Thanksgiving — how to reduce risk of infection if you do ‘The safest way to celebrate Thanksgiving is to celebrate at home with the people you live with,’ the agency said ‘The safest way to celebrate Thanksgiving is to celebrate at home with the people you live with,’ the agency said.
12:24 p.m. Nov. 13, 2020 - By Ciara Linnane
Coronavirus update: U.S. again shatters daily case record as experts worry holidays will be superspreader event ‘Unless people celebrate safely, we will see a huge increase about two weeks after Thanksgiving and then again two weeks after Christmas,’ says epidemiologist Dr. Tista GhoshThe U.S. shattered records for daily cases of the coronavirus illness COVID-19 and hospitalizations on Friday, as states and cities announced new restrictions while others warned that full lockdowns may be needed to contain the spread.
3:12 p.m. Nov. 12, 2020 - By Robert Pozen
Americans need another stimulus bill now to get through 9 more months of the coronavirus pandemic U.S. workforce and economy face challenges until the summer of 2021 at the earliestU.S. workforce and economy face challenges until the summer of 2021 at the earliest.
10:22 a.m. Nov. 10, 2020 - By Ciara Linnane
Coronavirus update: U.S. adds another 130,000 cases in a day: ‘This is what exponential math looks like,’ says expert Per capita new case numbers are highest in North Dakota, South Dakota, Iowa and Wisconsin, filling hospitals and raising concerns that systems will be overwhelmed The global tally of confirmed cases of the coronavirus illness COVID-19 climbed above 51 million on Tuesday with cases racing across the U.S. and Europe as more localities opted to impose restrictions on movement to curb the spread.
11:33 p.m. Nov. 1, 2020 - By Quentin Fottrell
Italy tightens COVID-19 restrictions, plunging Venice back into ‘victorious solitude’ Residents reflect on the pandemic and the costs of globalizationResidents reflect on the pandemic and the costs of globalization.
11:52 p.m. Oct. 31, 2020 - By Andrew Keshner
In a deeply-divided Senate, there’s a ray of hope for this big tax break for millions of families A family spent a monthly average of $715 on child care or $8,580 over the year, according to one analysis on rising health-care costs by Freddie MacA family spent a monthly average of $715 on child care or $8,580 over the year, according to one analysis on rising health-care costs by Freddie Mac.
3:27 a.m. Oct. 29, 2020 - By Ciara Linnane
Coronavirus update: Pandemic sets record case numbers across the U.S. as White House suggests the crisis is over U.S. has counted a record 500,000 new cases in the past week, and hospitals in isolated areas of the Midwest are rapidly fillingThe coronavirus pandemic continued to set records across the U.S. on Wednesday, even as the administration of President Donald Trump touted its first-term accomplishments in a news release that suggested it had ended the crisis that has cost more than 226,000 American lives and shows no signs of abating.
11:43 p.m. Oct. 25, 2020 - MarketWatch
Bayer to pay up to $4 billion for Asklepios BioBERLIN -- Bayer AG said Monday it would pay as much as $4 billion for U.S. biotech firm Asklepios BioPharmaceutical Inc. to strengthen the German company's drugmaking arm, as Bayer continues to reel from its acquisition of crops giant Monsanto.
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