Toyota Recalls 1 Mln Toyota And Lexus Vehicles

Japanese auto major Toyota Motor Corp. is recalling around 1 million vehicles under Toyota and Lexus brands in the United States, citing faulty sensors due to which, the front passenger air bags may not deploy properly

Indian Rupee Weakens To 6-day Low Against U.S. Dollar

The Indian rupee moved down against the U.S. dollar in evening deals on Thursday.

Timken Acquires Lagersmit For Undisclosed Terms

The Timken Co. (TKR) announced Thursday it has acquired Lagersmit, a Netherlands-based manufacturer of highly engineered sealing solutions for demanding marine, dredging, water, tidal energy and other industrial

GMS Acquires Kamco Supply For Undisclosed Term

Building products distributor GMS, Inc. (GMS) announced Thursday it has entered into an agreement to acquire Kamco Supply Corp. The acquisition is expected to significantly expand GMS's presence in the Greater New York

Hookipa Pharma Says Gilead Purchases Addl. 15 Mln Shares Of HOOKIPA For Total Stake Of About 19.4%

Immunotherapeutics company Hookipa Pharma Inc. (HOOK) announced Thursday that Gilead Sciences, Inc. (GILD) has purchased 15 million shares of HOOKIPA's common stock for approximately $21.25 million, at a price of $1.4167

UK Budget Deficit Exceeds Expectations

The UK budget deficit exceeded expectations in November to hit the fourth highest level for the month of November since records began in 1993, the Office for National Statistics reported Thursday. The public sector net

Alcoa Promotes Matt Reed To EVP And COO

Alcoa Corp. (AA) announced Thursday that it has appointed Matt Reed as Alcoa's Executive Vice President and Chief Operations Officer, effective January 1, 2024.

Brenntag To Acquire Solventis Group For Undisclosed Terms

Chemicals and ingredients distributor Brenntag SE (BNTGF.PK) announced Thursday the agreement to acquire Solventis Group, a glycols and solvents distribution company operating from Antwerp, Belgium, and from the UK.

Pacira BioSciences Appoints Frank Lee To Succeed David Stack As CEO

Regenerative health provider Pacira BioSciences, Inc. (PCRX) announced Thursday that its Board of Directors has appointed Frank Lee as Chief Executive Officer and a member of the Board, effective January 2, 2024.

Bay Street Likely To See Positive Start

Higher Canadian and U.S. futures point to a positive start for stocks in the Canadian market Thursday morning. Bargain hunting after the sharp setback in the previous session is also likely to lift the market up.