Sanofi shares down despite $13 billion Regeneron payday
Shares in Sanofi fell on Tuesday despite the French drugmaker's impending $13 billion payday from selling most of its 20.6% stake in U.S. partner Regeneron .
Market wire
Latest news on private equity markets
Headlines on the small cap U.S. and Canadian companies we follow, pulled from the wires as they publish. Every story opens at its original source.
NYSE to reopen trading floor closed by coronavirus
The New York Stock Exchange will partially reopen the trading floors at its iconic 11 Wall Street building on Tuesday for the first time since March...
Hedge funds target France as short-selling bans lifted
A cluster of big name hedge funds have started betting against French companies, moving in after the lifting of a short-selling ban imposed earlier this year...
Everything you need to know about SpaceX's historic Demo-2 launch, its first with NASA astronauts
SpaceX plans to launch a pair of NASA astronauts on Wednesday, the first time Elon Musk's company has launched people to space.
Demand rise, output cuts could mean oil market balance in June
Recovering demand as coronavirus lockdowns ease combined with output cuts by top producers could balance global oil markets as soon as June, some analysts and banks...
Supercar maker McLaren to cut 1,200 jobs amid pandemic: Sky News
Surrey-based supercar maker McLaren is cutting about 1,200 jobs from its workforce as it deals with the COVID-19 pandemic, Sky News reported on Tuesday.
French restaurant ruling puts coronavirus claims on global menu
AXA said on Tuesday it would meet the bulk of business interruption claims from some restaurant owners in France after it lost a court case that...
COVID-19 lawsuit takes on McDonald's like it was a rowdy bar
As U.S. businesses reopen, worried workers and their advocates are borrowing a legal strategy commonly used to shut down rowdy topless bars to try and force...
Armed with whistleblower tips, U.S. SEC cracks down on coronavirus misconduct
The novel coronavirus outbreak and economic fallout is proving to be a bonanza for whistleblower lawyers as the U.S. securities regulator cracks down on a range...
Exclusive: Coronavirus spreads in Brazil's oilfields, as five offshore operators register cases
Norway's Equinor ASA and Anglo-French firm Perenco are among at least five oil producers that have registered coronavirus cases among employees or contractors at facilities off...
Small caps outperform after recessions, so 'you have history on your side,' money manager says
But it's too soon to tell whether small caps can hang onto recent gains, traders say.
LATAM becomes largest airline to file for bankruptcy amid coronavirus
LATAM Airlines Group SA filed for U.S. bankruptcy protection on Tuesday, becoming the largest carrier to seek an emergency reorganization amid the coronavirus crisis.
Supercar maker McLaren to cut 1,200 jobs across group amid pandemic
British supercar maker McLaren Group said on Tuesday it would cut 1,200 jobs under a proposed restructuring programme as it deals with the impact of the...
College-bound students to miss out on billions in financial aid due to pandemic
Even amid the coronavirus crisis and sky-high unemployment rates, the number of college students applying for financial aid falls.
Qatar Airways plans summer flights to over 80 destinations
Qatar Airways said on Twitter on Tuesday that it planned to fly a summer schedule to over 80 destinations worldwide.