Tag: Health Care/Life Sciences

Trulieve buys Harvest Health in $2.1 billion cannabis deal that gives it access to Arizona adult-use market

Trulieve Cannabis Corp. said Monday it has agreed to acquire Harvest Health & Recreation Inc. in an all-stock deal valued at about $2.1 billion, the latest tie-up in a sector hoping for reforms of strict U.S. cannabis laws that would crack open capital markets. The deal combines two U.S. multi-state operators, with Trulieve TCNNF, -3.50% TRUL, […]

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Airline stocks gain altitude as Europe plans to welcome more overseas tourists

Airline stocks flew higher on Tuesday, as the European Union moved to welcome foreign tourists to the region, a sign that more normal travel and tourism conditions can resume as COVID-19 vaccinations become more widespread. Shares in British Airways owner IAG IAG, +2.14%, Air France-KLM AF, +1.00%, Lufthansa LHA, +3.03%, Ryanair RYA, +0.15%, EasyJet EZJ, […]

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Why comparing blood clot risks from COVID-19 vaccines and birth control pills doesn’t work

In the days since the Food and Drug Administration (FDA) and the Centers for Disease Control and Prevention (CDC) called for a temporary pause in administering the Johnson & Johnson JNJ, +1.21% COVID-19 vaccine over several severe cases of rare blood clots, many people have attempted to soothe fears and offer context by listing other […]

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European stocks struggle for traction. Shares of LVMH and SAP climb on results

European stocks struggled for traction on Wednesday, as investors mulled concerns over COVID-19 vaccines and looked toward the start of earnings season. Shares of SAP and LVMH Moet Hennessey and easyJet climbed on well-received results. The Stoxx Europe 600 index SXXP, +0.12% inched up 0.1% to 436.33, after a modest move up on Tuesday. The […]

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Oil prices rise on vaccine progress and reports of attack on Saudi oil facility

Oil futures headed higher on Monday, as reports that Yemen’s Iran-backed Houthi rebels attacked a Saudi oil facility lifted tensions in the oil-rich Middle East. “News of another Houthi attack on a Saudi oil facility during a weekend where geopolitical risk factors for oil are rising,” helped oil prices snap back from last week’s losses, […]

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