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Latest Financial News
U.S. Growth Funds Draw $8.8 Billion as Equity Funds Return to Inflows
U.S. equity funds took in a net $2.58 billion in the week through August 12, with a sharp return to growth strategies offset by heavy withdrawals from technology-sector…
OCC Updates Bank Accounting Guidance for Purchased Loans, Grants and Software
The OCC’s 2026 Bank Accounting Advisory Series incorporates new FASB standards on purchased loans, government grants and internal-use software for national banks and federal savings associations.
Pentagon Taps Boeing and RTX to Expand SM-3 Interceptor Production
Two framework agreements target component capacity for SM-3 Block IB and Block IIA interceptors, but the Pentagon did not disclose values, unit targets or production schedules.
U.S. Business Sales Drop 1.1% in June as Inventories Hold Steady
U.S. business sales fell 1.1% in June, led by a sharp drop in wholesale activity, while inventories were essentially unchanged and remained lean relative to sales.
Capricor Stock Jumps About 70% as Investors Reprice FDA Path for Deramiocel
Capricor shares jumped about 70% in Friday morning trading after investors interpreted the FDA's willingness to review additional deramiocel data as a possible path forward.
FDA Approves Lantheus Alzheimer’s Tau PET Imaging Agent Tauklarify
The FDA approved Tauklarify for tau PET brain imaging in cognitively impaired adults being evaluated for Alzheimer’s disease, adding a new neurology asset to Lantheus’s radiopharmaceutical portfolio.
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