Articles
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17 hours ago |
benzinga.com | Henry Khederian
The drug could could offer a pharmacological alternative to CPAP devices.
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1 week ago |
benzinga.com | Henry Khederian
Ocular Therapeutix Inc (NASDAQ:OCUL) shares are trading lower by 13.3% to $7.63 Monday afternoon after the company reported worse-than-expected first-quarter financial results. What To Know: Ocular Therapeutix reported first-quarter 2025 results that missed analyst expectations on both earnings and revenue. The company posted a net loss of 38 cents per share, wider than the consensus estimate of a 29 cent loss.
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1 week ago |
benzinga.com | Henry Khederian
ConocoPhillips COP shares fell 3.1% to $88.54 Monday afternoon as crude oil prices declined following OPEC+'s announcement to boost oil production. What To Know: West Texas Intermediate (WTI) crude futures dropped around 2% after the group said it would increase output by 411,000 barrels per day in June, marking the third consecutive monthly hike. In total, OPEC+ will have added 960,000 barrels per day over April through June, reversing nearly half of the voluntary cuts made since 2022.
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1 week ago |
benzinga.com | Henry Khederian
Shares of major U.S. airlines rose Monday as oil prices fell following OPEC+'s decision to ramp up production. American Airlines Group Inc AAL surged 3.56% to $10.94, Delta Air Lines Inc DAL gained 3.12% to $45.67, and United Airlines Holdings Inc UAL rose 2.2% to $75.70. What To Know: The rally comes after WTI crude futures dropped nearly 2%, settling just below $57 per barrel.
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1 week ago |
benzinga.com | Henry Khederian
Occidental Petroleum Corp OXY shares fell 3.37% to $39.24 on Monday, tracking a broader decline in oil-related stocks after OPEC+ announced a significant output increase. What To Know: OPEC+ plans to boost production by 411,000 barrels per day in June, adding to similar increases in April and May. The combined rise of 960,000 bpd reverses nearly half of the voluntary supply cuts enacted since 2022.
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