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Curis Q1 operating loss widens as expenses rise
OverviewCuris reported a Q1 net loss of $24.2 million, compared to a net loss of $10.6 million last yearCompany posted no revenue after selling royalty rights in late 2025Q1 net loss widened due to higher other expenses from PIPE financing warrant liabilityOutlookCuris says cash and expected warrant...Reuters
Tue, May 12
'Lord of the Rings' director honoured as Cannes festival opens on subdued note
Peter Jackson receives honorary Palme d'Or for lifetime achievementJane Fonda highlights cinema's power, calls for creative freedomFrench-language film "The Electric Kiss' chosen as opening filmBy Miranda Murray CANNES, France, May 12 (Reuters) - The Cannes Film Festival officiall...Reuters
Tue, May 12
REFILE-Kura Oncology records revenue in Q1, but loss widens on higher costs
OverviewUS cancer drug maker's Q1 net product revenue reached $5.8 mln in first full commercial quarterCompany reported robust new patient starts and early launch momentum for KOMZIFTICollaboration revenue declined yr/yr, net loss widened due to higher R&D and SG&A expensesOutlookCompany...Reuters
Tue, May 12
FRP Holdings Q1 revenue rises, driven by mining royalty growth
OverviewUS real estate developer's Q1 revenue rose 2.8% yr/yr, driven by mining royalty growthCompany posted Q1 net loss, with pro rata NOI down 5% yr/yr on lower occupancyOccupancy pressure and Altman integration costs weighed on results; mining royalties showed double-digit growthOutlookCompan...Reuters
Tue, May 12
TriSalus Life Sciences Q1 revenue falls 2.9%, misses estimates
OverviewUS oncology device maker's Q1 revenue fell 2.9% yr/yr, missing analyst expectationsCompany posted net income of $1.5 mln, reversing a loss from prior yearTriSalus raised $46 mln in equity to fund commercial expansion and pipeline developmentOutlookTriSalus revises 2026 revenue guidance t...Reuters
Tue, May 12
Lineage Cell Therapeutics Q1 net loss widens as expenses rise
OverviewUS cell therapy developer's Q1 revenue rose slightly, driven by collaboration agreementQ1 net loss widened year-over-year as operating expenses increasedCompany advanced OpRegen clinical program and launched new corneal cell therapy initiativeOutlookCompany expects cash and marketable se...Reuters
Tue, May 12
Deals of the day-Mergers and acquisitions
May 12 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday:Jack Daniel's maker Brown-Forman BFb.N has rejected a roughly $15 billion takeover offer from rival Sazerac, the Wall Street Journal reported citing people familiar with the matter. nL...Reuters
Tue, May 12
IZEA Worldwide Q1 revenue falls after exit from SMB accounts
OverviewInfluencer marketing firm's Q1 revenue fell 18% yr/yr as company exited SMB accountsNet loss widened in Q1, reflecting lower revenue and increased adjusted EBITDA lossCompany launched AI-powered ZED platform and made strategic growth hires during the quarterOutlookCompany expects several...Reuters
Tue, May 12
Maze Therapeutics posts smaller than expected Q1 loss
OverviewUS biopharmaceutical firm reported a Q1 net loss smaller than analyst expectationsLoss from operations was narrower than expectedCompany recognized $20 mln license revenue from MZE001 milestone paymentOutlookMaze expects to initiate a pivotal trial for MZE829 in moderate AMKD in H1 2027Compa...Reuters
Tue, May 12
NBA-Last dance or another year? LeBron enters offseason with uncertainty
NBA's all-time leading scorer to consult family about decision 41-year-old could consider retirement after 23 seasons More will be known in two months, Lakers coach saysBy Nicole Fernandes May 12 (Reuters) - After the Los Angeles Lakers were swept by the Oklahoma City Thunder in the second r...Reuters
Tue, May 12
Health Rounds: AI patch identifies possible causes of unexplained infertility
By Nancy Lapid May 12 (Reuters) - Hello Health Rounds readers! Today we feature another example of how artificial intelligence can be beneficial in medical settings, in this case to monitor reproductive hormones to detect infertility causes in men and women. We also report on a study that found a...Reuters
Tue, May 12
Tennis-'No expiration date for ambition and dreams': Cirstea powers into Rome semis
ROME, May 12 (Reuters) - Sorana Cirstea proved that age is just a number as the 36-year-old continued her impressive farewell tour, reaching the semi-finals of the Italian Open with a commanding 6-1 7-6(0) victory over former French Open champion Jelena Ostapenko.The Romanian will face Coco Gauff in...Reuters
Tue, May 12
Britain to bring 10 people to UK for precautionary isolation after hantavirus outbreak
LONDON, May 12 (Reuters) - Britain said on Tuesday that 10 people from remote island territories, including cruise ship passengers and medical staff who had contact with confirmed cases in the hantavirus outbreak, will be brought to the UK for precautionary isolation.The UK Health Security Agency sa...Reuters
Tue, May 12
Texas Tech can punish law student over comments on Charlie Kirk's killing, judge rules
By Karen Sloan May 12 (Reuters) - A Texas Tech law student who allegedly made celebratory comments after Charlie Kirk's killing can be sanctioned by the university, a federal judge ruled on Tuesday.U.S. District Judge Brantley Starr in Dallas denied plaintiff Ellen Fisher’s request for a temp...Reuters
Tue, May 12
Brown-Forman rejects $15 billion acquisition approach from Sazerac, WSJ reports
May 12 (Reuters) - Jack Daniel's maker Brown-Forman BFb.N has rejected the roughly $15 billion takeover offer from rival Sazerac, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.Reuters
Tue, May 12
Jack Daniel’S Maker Brown-Forman Rejects $15 Billion Takeover Offer From Sazerac - WSJ
May 12 (Reuters) - JACK DANIEL’S MAKER BROWN-FORMAN REJECTS $15 BILLION TAKEOVER OFFER FROM SAZERAC - WSJADVISERS FOR BROWN-FORMAN INFORMED SAZERAC ON MONDAY THAT THE COMPANY WAS REJECTING THE $32-A-SHARE CASH OFFER SAZERAC RECENTLY MADE - WSJSource text: https://tinyurl.com/27ervgosFurther company ...Reuters
Tue, May 12
Bright Mountain Media Q1 net loss narrows as expenses fall
OverviewDigital advertising tech firm's Q1 revenue declined 2% yr/yrNet loss for Q1 improved 60% yr/yrAdjusted EBITDA for Q1 rose 189% yr/yrOutlookCompany did not provide specific financial guidance for the current quarter or full yearResult DriversCOST CONTROLS - Co said a 43% drop in general a...Reuters
Tue, May 12
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