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: Bausch Health stock soars after company says rival application for generic version of its IBS drug can’t be approved until 2029

MarketWatch

district court stuck with an earlier judgment that prevented an application for a rival generic version of its Xifaxan irritable bowel syndrome drug from getting FDA approval until 2029, sending shares higher during regular and after-hours trade. BHC on Wednesday said a U.S.

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10 Monday AM Reads

The Big Picture

If all goes to plan, the spacecraft will arrive at 16 Psyche in August 2029. Business Owners Pay Premium to Hire Migrant Workers in Extremely Tight Labor Market : Employers, struggling to fill hourly wage jobs in construction, restaurants and other services, are offering higher pay and better working conditions to people coming to the U.S.

Economy 274
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: Rivian stock down 7% in the extended session

MarketWatch

billion in “green” convertible senior notes due in 2029. RIVN fell more than 7% in the late session Monday, with losses accelerating after the electric-vehicle maker said it was selling about $1.3 The stock has fallen 64% in the past 12 months, compared with a loss of around 6.5% for the S&P 500 index.

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: Charles Schwab raises $2.5 bln in bond offering

MarketWatch

billion of 5.643% fixed-to-floating rate senior notes due 2029, as well as $1.3 SCHW on Thursday disclosed plans for a $2.5 billion bond offering with bookrunners Bank of America Corp.’s s BofA unit, Citi, Credit Suisse, Goldman Sachs, JPMorgan Chase and Wells Fargo as joint bookrunning managers. The brokerage firm is offering $1.2

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Harsha Engineers IPO Review – GMP, Strengths, Weaknesses & More!

Trade Brains

The bearings market is expected to grow at a CAGR of 6% to 8% from 2021 to 2029 and is estimated to be valued at USD 171.7 billion in the year 2029. from 2021 to 2029 and is estimated to be valued at USD 10.3 billion in 2029. from 2021 to 2029 and is estimated to be valued at USD 10.3 billion in 2029.

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What’s Wrong with China’s Economy?

Trade Brains

5️⃣ Foreign direct investment is down 6️⃣ Overall debt-to-GDP ratio is about 300% and rising 7️⃣ Decreasing population: In 2022, China’s population fell for the first time since 1961, which was not expected until 2029 or later. 8️⃣ It is one of the world’s most expensive places to raise a family resulting in an all-time low fertility of 1.2

Economy 72
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: Globalstar stock extends bounce after $200 million financing deal doesn’t include equity

MarketWatch

The company said it has entered into a purchase agreement with an affiliate of Värde Partners for the sale of $200 million in 13% senior notes due 2029, which are “non-convertible and therefore do not result in any equity dilution.” The stock’s gain comes a day after it rose 2.3%, to bounce off Monday’s 13-month closing low of 99 cents.

Sales 52