SAB Biotherapeutics, Inc. (NASDAQ: SABS) shares sprinted Tuesday. The Miami-Beach company, a clinical-stage biopharmaceutical concern with a novel immunotherapy platform that is developing human anti-thymocyte immunoglobulin (hIgG) for delaying the onset or progression of type 1 diabetes (T1D), today announced their Chief Medical Officer, Dr. Alexandra Kropotova, MD, MBA disclosed that SAB has completed dosing the third cohort for SAB-142 with no observation of serum sickness thus far. In October 2023, SAB received approval by the Australian Human Research Ethics Committee (HREC) to commence t ..read more

Tuesday, April 16, 2024 9:38 AM EST - Titan Mining Corporation : Announced a US$10M bridge loan from the Company’s largest shareholder, Augusta Investments Inc. Proceeds from this loan have been used to repay part of the Company’s current credit facility with the National Bank of Canada bringing the outstanding amount down from $27.2 million to $17.2 million following the payment to NBC. The Company and Augusta Investments are in ongoing negotiations regarding terms of this loan and of the US$5M advance made by Augusta Investments earlier this year. Titan Mining Corporation (T.TI) shares were ..read more

Ocean Power Technologies, Inc. (NYSE: OPTT) shares weakened Tuesday, as the company touting itself as a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced it has signed a teaming agreement with a major international defense contractor to provide its Merrows suite of solutions with a focus on certain geographic regions. This alliance is set to advance maritime domain awareness through OPT's innovative Maritime Domain Awareness Solution (MDAS). Under the terms of the agreement, the defense contractor will have exclusive rights to provide ..read more

Bank of America (BAC) has reported better-than-expected first-quarter earnings due largely to higher interest income and a rebound in investment banking activity. The second largest lender in the U.S. announced earnings per share (EPS) of $0.83 U.S. a share compared to $0.76 U.S. that was estimated among analysts. Revenue for the January through March quarter totaled $25.98 billion U.S. versus $25.46 billion U.S. that was expected on Wall Street. Sales were down 1.6% from a year earlier. The lender’s net interest income, which had been declining in recent quarters, totaled $14.20 billion U.S ..read more

U.S. investment bank Morgan Stanley (MS) has posted first-quarter earnings that beat Wall Street estimates due largely to continued growth in its wealth management business. The investment house reported earnings per share (EPS) of $2.02 U.S. versus $1.66 U.S. that was the consensus estimate of analysts. Revenue in the quarter totaled $15.14 billion U.S. compared to forecasts of $14.41 billion U.S. Sales increased 4% in Q1 from a year earlier. Revenue from Morgan Stanley’s wealth management unit rose 5% to $6.88 billion U.S., topping estimates by $230 million U.S. Stock trading revenue grew 4 ..read more

Artificial intelligence is having a significant impact on healthcare management. For example, as the population ages, healthcare visits will only increase. Sadly, the current healthcare still doesn’t take into consideration a patient’s unique medical history or time needs on a case-by-case basis. It’s unfortunately antiquated. However, that’s all changing with the help of artificial intelligence. MedBright AI’s (CSE: MBAI) (OTCQB: MBAIF) MedMatrix, for example, is allowing clinics to better predict patient needs and prioritize resources with AI, which can lead to higher patient satisfaction an ..read more

Canada’s inflation rate inched upwards to 2.9% on a year-over-year basis in March, driven by higher gasoline prices across the country. Statistics Canada reported that the Consumer Price Index (CPI) increased in March from an annualized rate of 2.8% in February. Higher gasoline prices at the pumps contributed the most to the inflation increase. Excluding gasoline, the all-items CPI fell to 2.8% in March from 2.9% in February. Shelter prices also contributed to the rise in March inflation, with mortgage interest and rent contributing the most to the year-over-year gain in the all-items CPI, sai ..read more

UnitedHealth Group (UNH) has reported better-than-expected financial results for this year’s first quarter despite a recent cyberattack on its subsidiary Change Healthcare. The largest medical insurance company in the U.S. announced earnings per share (EPS) of $6.91 U.S. compared to $6.61 U.S. that was expected among analysts. Revenue in the January through March quarter came in at $99.80 billion U.S. versus $99.30 billion U.S. that had been forecast on Wall Street. Sales were up 9% from a year earlier. UnitedHealth said the growth was driven by an increase in the number of people that it serv ..read more

Johnson & Johnson’s (JNJ) first-quarter profit got a boost from strong sales of medical devices, the consumer healthcare company has reported. Johnson & Johnson, whose financial results are viewed as a bellwether for the American healthcare sector, announced earnings per share of $2.71 U.S. versus $2.64 U.S. that was expected among analysts. Revenue in the quarter came in at $21.38 billion U.S. compared to $21.40 billion U.S. that was forecast on Wall Street. Sales rose 2% from a year earlier. The company’s Medtech division that makes devices for surgeries, orthopedics and vision saw a ..read more

China’s economy grew at a faster-than-expected rate of 5.3% in this year’s first quarter, according to data from the country’s National Bureau of Statistics. Gross Domestic Product (GDP) rose faster than the 4.6% annualized expansion that was expected among economists surveyed by the Reuters news agency. On a quarter-over-quarter basis, China’s economy grew 1.6% in the first quarter, compared to a revised fourth quarter 2023 expansion of 1.2%. China’s government in Beijing has set a growth target of 5% for all of 2024. Growth in Q1 was driven by external demand, as export volumes grew 14% year ..read more