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Candel Therapeutics Appoints Maha Radhakrishnan, M.D., to its Board of Directors
Globenewswire· 2025-06-06 12:05
Core Insights - Candel Therapeutics has appointed Dr. Maha Radhakrishnan to its Board of Directors, effective June 4, 2025, to enhance its strategic capabilities as it moves towards Biologics License Application (BLA) submission and commercial development [1][2][4] Company Overview - Candel Therapeutics is a clinical-stage biopharmaceutical company focused on developing multimodal biological immunotherapies aimed at treating cancer [5] - The company has two clinical-stage platforms based on genetically modified adenovirus and herpes simplex virus (HSV) gene constructs [5] Product Development - Candel's lead product candidate, CAN-2409, is being developed for intermediate-to-high-risk prostate cancer, with BLA submission anticipated in Q4 2026 [2][4] - Recent successful phase 2a clinical trials of CAN-2409 were completed in non-small cell lung cancer (NSCLC) and pancreatic ductal adenocarcinoma (PDAC) [6] - CAN-2409 has received Fast Track Designation from the FDA for treating PDAC and stage III/IV NSCLC in specific patient populations [6] Leadership Experience - Dr. Radhakrishnan brings over 20 years of experience in product development and commercialization from major biotechnology and pharmaceutical companies [3] - Her previous roles include Senior Vice President and Chief Medical Officer at Biogen and Global Head of Medical at Sanofi [3] Future Outlook - The company aims to leverage Dr. Radhakrishnan's expertise as it prepares for the BLA submission and advances its innovative immunotherapy candidates [2][4]
Willis Lease Finance Corporation Announces Pricing of $596.0 Million in Fixed Rate Notes
Globenewswire· 2025-06-06 12:03
Core Points - Willis Lease Finance Corporation (WLFC) announced the pricing of $524 million in Series A Fixed Rate Notes and $72 million in Series B Fixed Rate Notes, totaling $596 million [1] - The Series A Notes have a fixed coupon of 5.582% and the Series B Notes have a fixed coupon of 6.070%, with an expected maturity of approximately six years and a final maturity of 25 years [2] Company Overview - WLFC is a leading lessor of commercial aircraft engines and provides global aviation services, including leasing large and regional spare commercial aircraft engines, auxiliary power units, and aircraft [5] - The company integrates its leasing activities with engine and aircraft trading, engine lease pools, and asset management services, along with various end-of-life solutions for engines and aviation materials [5] - WLFC's service offerings include Part 145 engine maintenance, aircraft line and base maintenance, and airport ground and cargo handling services [5]
Celldex Therapeutics Announces Election of Denice Torres to its Board of Directors
GlobeNewswire News Room· 2025-06-06 12:01
Core Insights - Celldex Therapeutics, Inc. has elected Denice M. Torres to its Board of Directors, bringing extensive leadership experience from the pharmaceutical and consumer healthcare sectors [1][2] - Torres expressed enthusiasm about joining Celldex at a pivotal time, highlighting the company's progress with barzolvolimab and its potential to improve treatment standards for patients [2] Company Overview - Celldex is a clinical stage biotechnology company focused on developing therapeutics that engage the human immune system to treat severe inflammatory, allergic, autoimmune, and other diseases [3]
5 ETF Areas That Thrived Amid the Trump-Musk Feud Yesterday
ZACKS· 2025-06-06 12:00
Wall Street wavered on June 5, 2025, as a highly publicized feud between President Trump and Tesla CEO Elon Musk unsettled investors. Tensions between the President and Musk reached a boiling point on Thursday, with a series of heated exchanges hitting headlines, as quoted on Yahoo Finance.Speaking from the Oval Office, Trump expressed “disappointment” in Musk, questioning the Tesla TSLA CEO’s motives in opposing what he described as his “big, beautiful” economic bill. In response, Musk fired back on X (for ...
Bear Of The Day: First Solar (FSLR)
ZACKS· 2025-06-06 12:00
Core Viewpoint - First Solar (FSLR), once a leader in the solar energy sector, is currently facing significant challenges, leading to a decline in its market perception and performance [1]. Company Overview - First Solar is a solar technology company that provides photovoltaic (PV) solar energy solutions across various countries, including the United States, France, India, and Chile. The company specializes in manufacturing PV solar modules using thin film semiconductor technology, which offers a lower-carbon alternative to traditional crystalline silicon PV modules [2]. Analyst Expectations - The stock of First Solar is currently rated as a Zacks Rank 5 (Strong Sell). This unfavorable ranking is primarily due to a reduction in growth expectations, with twelve analysts lowering their forecasts for the current year and eleven doing so for the following year [3].
How High Can Netflix Stock Climb? It's Just Getting Started
Forbes· 2025-06-06 12:00
Group 1 - Netflix has gained a 3.5% lead this week, driven by price-target increases from UBS to $1,450 and Jefferies to $1,400, with shares reaching a record high of $1,262.81 and a year-to-date increase of 40% [1] - The stock's new high coincides with historically low implied volatility, which has previously been a bullish indicator for Netflix, as its current Schaeffer's Volatility Index (SVI) is at 25%, in the 4th percentile of its 12-month range [2] - Historical data indicates that one month after similar signals, Netflix stock averaged a 7.1% increase, with an 86% chance of finishing the month higher, suggesting potential for the stock to exceed $1,300 [3] Group 2 - Despite bullish sentiment, Netflix's consensus 12-month price target is $1,167.35, representing a 6.5% discount to its current price, indicating potential for further price-target adjustments from analysts [5] - Short-term options traders are currently heavily put-skewed, with a Schaeffer's put/call open interest ratio of 1.50, which is in the 100th percentile of its annual range, suggesting that unwinding these bearish bets could sustain momentum [6]
Weyerhaeuser Company: A Hold Due To Tariffs On Asia
Seeking Alpha· 2025-06-06 12:00
Core Viewpoint - Weyerhaeuser Company (NYSE: WY) is rated as a Hold for investors interested in real estate investment trusts (REITs) due to its business being subject to cyclical fluctuations as the world's largest private owner of timberlands [1]. Company Summary - Weyerhaeuser Company is recognized as the largest private owner of timberlands globally, which leads to a business model that experiences significant ups and downs [1]. Analyst Background - The analysis is provided by David A. Johnson, who has over 30 years of investment experience and holds multiple advanced degrees in finance and business [1].
SUNCAR TO PARTICIPATE IN UPCOMING INVESTOR CONFERENCES
Prnewswire· 2025-06-06 12:00
Core Insights - SunCar Technology Group Inc. is a leader in cloud-based, software-focused B2B auto eInsurance and auto services in China, participating in several upcoming investor conferences [1][3] Company Overview - Founded in 2007, SunCar is transforming the customer journey for auto services and insurance in China, the largest passenger vehicle market globally [3] - The company operates cloud-based platforms that connect drivers with a variety of auto services and insurance options through a nationwide network of sales partners [3] - SunCar is recognized as a leader in the auto eInsurance market for electric vehicles and the B2B auto services market in China [3] - The intelligent cloud platform enables enterprise customers to manage and optimize their auto eInsurance and service offerings [3] - Drivers can access a wide range of high-quality services from tens of thousands of independent providers through a single application [3] Upcoming Events - SunCar will participate in the Oppenheimer 25th Annual Consumer Growth and E-Commerce Conference on June 10, 2025, at 9:00 am ET [5] - The company will also be present at the Sidoti Small Cap Virtual Conference on June 12, 2025, at 8:30 am ET [5] - Additionally, SunCar will take part in the WeBull EV Stock Webinar on June 24, 2025, at 2:00 pm ET [5]
SABINE ROYALTY TRUST ANNOUNCES MONTHLY CASH DISTRIBUTION FOR JUNE 2025
Prnewswire· 2025-06-06 12:00
DALLAS, June 6, 2025 /PRNewswire/ -- Argent Trust Company, as Trustee of the Sabine Royalty Trust (NYSE: SBR), today declared a cash distribution to the holders of its units of beneficial interest of $0.426490 per unit, payable on June 30, 2025, to unit holders of record on June 16, 2025. Sabine's cash distribution history, current and prior year financial reports and tax information booklets, a link to filings made with the Securities and Exchange Commission and more can be found on its website at http://w ...
ROYAL CARIBBEAN GROUP ANNOUNCES BOARD LEADERSHIP TRANSITION PLANS
Prnewswire· 2025-06-06 12:00
Core Points - Richard Fain, the Chairman of Royal Caribbean Group since 1988, will step down in Q4 2025, transitioning to a Director role [1] - Jason Liberty, the current President and CEO, has been elected to succeed Fain as Chairman and CEO, effective Q4 2025 [1][3] - John Brock has taken on the role of Independent Lead Director, bringing experience from his previous leadership roles [2][4] Company Overview - Royal Caribbean Group is a leader in the vacation industry with a fleet of 67 ships across five brands, serving millions of guests annually [5] - The company operates brands such as Royal Caribbean, Celebrity Cruises, and Silversea, and is expanding its land-based vacation experiences [5] - Royal Caribbean Group also holds a 50% joint venture interest in TUI Cruises, which operates brands like Mein Schiff and Hapag-Lloyd Cruises [5]