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Fanatics-Owned Candy Digital Raises $100M From Insight Partners, SoftBank

Candy Digital, a non-fungible token (NFT) startup majority-owned by Fanatics, has completed a $100 million Series A financing round co-led by Insight Partners and SoftBank Vision Fund 2 at a $1.5 billion valuation. The startup plans to use the funds to expand its NFT offerings across the global sports landscape and accelerate the growth of […]

First Industrial Raises 2021 Outlook on Strong Q3 Results

Illinois-based real estate investment trust (REIT) First Industrial Realty Trust, Inc. (FR) has reported excellent financial results for the third quarter of 2021. The company owns, manages, acquires, sells, develops and redevelops industrial real estate. First Industrial reported FFO per share of $0.51, higher than the year-ago FFO and the Street’s estimate of $0.49. Total […]

SBF, The Weeknd Added to Board of Tom Brady’s NFT Platform

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. @2021 CoinDesk […]

General

First Industrial Raises 2021 Outlook on Strong Q3 Results

Illinois-based real estate investment trust (REIT) First Industrial Realty Trust, Inc. (FR) has reported excellent financial results for the third quarter of 2021. The company owns, manages, acquires, sells, develops and redevelops industrial real estate. First Industrial reported FFO per share of $0.51, higher than the year-ago FFO and the Street’s estimate of $0.49. Total […]

Lam Research Drops 2.6% as Q1 Revenue Disappoints

Lam Research Corporation (LRCX), a U.S.-based global supplier of wafer fabrication equipment and related services to the semiconductor industry, has posted lower-than-expected revenues for the first quarter of Fiscal 2022 (ended September 26). Meanwhile, earnings during the quarter beat analysts’ expectations. Following the results, shares of the company declined 2.6% in Wednesday’s extended trading session. […]

PPG Industries Posts Strong Q3 Results; Street Says Buy

Paints, coatings and specialty materials supplier PPG Industries, Inc. (PPG) has reported better-than-expected results for the third quarter ended September 30, 2021. The robust results can be attributed mainly to the growth witnessed in net sales. Following the news, shares of the company declined 1.5% to close at $158.10 in Wednesday’s extended trading session. PPG […]

American Express, Goldman Sachs Collaborate to Develop Cloud-Based Payments Solution

American Express Co. (AXP) and the Transaction Banking (TxB) unit of Goldman Sachs Group (GS) have partnered to offer a cloud-based payments solution to large corporate clients. The solution will provide data and analytics and support multiple payment options on a single integrated platform. Shares of American Express closed 1.3% up on Wednesday before losing […]

Pharmaceuticals, health and wellness

Automation, portable manufacturing and finding the right partner: Industry vets discuss the coming gene therapy wave

During this week’s Fierce Biotech Cell & Gene Therapy event, there were times when the opening panelists sounded like TV marriage counselors Dr. Phil and Dr. Laura.  “If you’re going to be in this relationship for years, there has to be an understanding that there’s some give and take across the board when things don’t go […]

Pfizer strong-armed governments in COVID-19 vaccine supply talks, report says

Pfizer is playing a leading role in producing vaccines against COVID-19, but new documents released by Public Citizen shine a light on the company’s aggressive tactics when negotiating supply deals.  In draft and final deals with the U.S., the U.K., Brazil and other countries, Pfizer retained rights to “silence” governments and “throttle supply” in an effort to “maximize […]

AstraZeneca’s Soliris needs a 97% to 98% discount in myasthenia gravis, ICER says

It’s well known that AstraZeneca’s Soliris, at more than $650,000 per year before discounts, is one of the most expensive drugs in the U.S. After the Institute for Clinical and Economic Review (ICER) looked at the drug’s profile in myasthenia gravis, the organization has serious concerns about its cost. How serious? ICER thinks Soliris should […]

On heels of GBT Oxbryta campaign, ad agency launches pharma comms division, Riester RX

Independent advertising and public relations agency Riester helped create the first TV commercial for a sickle cell disease drug in the U.S. last summer, and it’s eyeing a lot more pharma work in the future.  The Phoenix-based company has just spun out a new division, Riester RX, focused solely on pharma and biotech communications. To […]

Blockchain

Fanatics-Owned Candy Digital Raises $100M From Insight Partners, SoftBank

Candy Digital, a non-fungible token (NFT) startup majority-owned by Fanatics, has completed a $100 million Series A financing round co-led by Insight Partners and SoftBank Vision Fund 2 at a $1.5 billion valuation. The startup plans to use the funds to expand its NFT offerings across the global sports landscape and accelerate the growth of […]

SBF, The Weeknd Added to Board of Tom Brady’s NFT Platform

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. @2021 CoinDesk […]

Crypto Miner Hut 8 Buys 12,000 New MicroBT Miners for $58.7M

Canadian crypto miner Hut 8 Mining (Nasdaq: HUT) has bought 12,000 new MicroBT M30S, M30S+ and M30S++ miners from Inchigle Technology Hong Kong Ltd. The miner bought the units for $58.7 million, a cost of around $50/Terahash, with aggregate incremental production of 1.17 exahash per second. Delivery is expected to start in January 2022 at […]

Asset Manager Pimco to Extend Crypto Involvement: Report

Investment behemoth Pimco, which has over $2.2 trillion in assets under management, has dabbled in cryptocurrencies and plans to invest further, according to Chief Investment Officer Daniel Ivascyn. Ivascyn told CNBC on Wednesday that some of the fixed-income focused firm’s hedge-fund portfolios are already trading crypto-linked securities, which he described as a “starting point.” “We’re […]

A directory listing for active private placement offerings

Greenway

Raising $5,000,000

Led by the team from DelFresco Pure, this cannabis company boasts an illustrious track-record of growing and distributing. Check out the pre-IPO opportunity before Greenway goes public.

Terms

$0.10 per share

Fire & Flower

Raising $5,000,000

Publicly traded on the TSX.V, Fire & Flower is a growth-oriented cannabis company engaged in the production and sale of medical cannabis. Learn more about Fire & Flower here.

Terms

$0.10 per share

Harvest One Cannabis

Raising $5,000,000

This cannabis company focuses on health and wellness products for medicinal and recreational use. Learn more about Harvest One to see if they’re the missing piece to your portfolio.

Terms

$0.10 per share