The Latest Breaking News from RBC

A local unit of the Russian energy giant Gazprom said on Tuesday that gas was being supplied to customers in full via parallel pipelines following a fatal explosion in a section of the Urengoi-Pomary-Uzhhorod pipeline.

London-headquartered bank has been struggling to navigate political pressure from both Beijing and the west

Hockey fans have opinions about ads on jerseys.

The Real Bread Campaign claims some loaves from stores include Aldi, Lidl, Tesco, Asda and Morrisons along with several major bakers don't meet ther traditional process

On average, software companies beat Q2 revenue estimates by 2% and profitability expectations by 5%, RBC analyst Matthew Hedberg said.  Q3 was guided lower for both revenue and profitability while stocks moved on average 2.1% higher the day following earnings. 

RBC Capital Markets lowered the price target on Walgreens Boots Alliance Inc (NASDAQ:WBA) to $42 (10% upside) from $46 and maintained the Sector Perform rating. The analysts say that WBA posted solid fiscal 3Q22 results slightly ahead of their estimates and consensus on steady execution in the U.S. against a difficult comp and continued…

Retailer takes the biggest tumble on the FTSE 250 as outlook darkens after lockdown sales boom

RBC Capital says Edgewise Therapeutics Inc's (NASDAQ:EWTX) interim results from the ARCH study of EDG-5506 in Becker Muscular Dystrophy (BMD) improve reward/risk into October functional readout at 15 mg, which can help further de-risk the asset into the phase 2 BMD and Duchenne muscular dystrophy (DMD) studies. The analysts believe stable patient NSAAs in October…

Galapagos (NASDAQ:GLPG) agreed to acquire CellPoint and AboundBio in an all-cash transaction propelling into next-generation cell therapy while significantly broadening its portfolio and capabilities. Galapagos will pay an upfront amount of €125 million for CellPoint, an additional €100 million to be paid upon achieving certain milestones, and $14 million for AboundBio.  Galapagos said…