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CUE News19 articles
Cue Biopharma Rockets 91% on Allergy Drug License, CEO Change, and $30M Capital Raise
Cue Biopharma shares soared 91.4% after licensing Ascendant-221, a Phase 2 anti-IgE antibody, naming Shao-Lee Lin as CEO, and raising $30 million.
Grassroots Effort to Rescue Spirit Airlines Faces Liquidation Reality
A social media campaign to buy Spirit Airlines has raised $132 million in non-binding pledges, but bankruptcy liquidation is already underway, with assets being sold off.
Frontier Capitalizes on Spirit's Collapse with Rescue Fares and Route Expansion
Frontier Airlines rolls out deep discounts and a summer pass for stranded Spirit travelers, adding routes in former Spirit markets. Shares rose 10% ahead of Q1 earnings.
JetBlue Expands Routes, Offers Rescue Fares After Spirit's Collapse
JetBlue Airways announced 11 new Fort Lauderdale routes and $99 rescue fares for stranded Spirit Airlines customers after Spirit canceled all flights and began winding down operations.
Spirit Airlines Faces Imminent Closure After $500M Federal Rescue Fails
Spirit Airlines is preparing to shut down after failing to secure a $500 million U.S. bailout, jeopardizing over 17,000 jobs and billions in claims.
Spirit Airlines Rescue Talks Stall as Bankruptcy Hearing Postponed
Spirit Airlines postponed its bankruptcy hearing as negotiations for a $500 million U.S. government rescue continue. Flights remain operational, but creditor opposition and surging fuel costs pose risks.
Fortescue Directors Signal Confidence with Share Purchases Following Strong Earnings
Directors at Fortescue Ltd acquired shares worth approximately A$114,664 following the company's robust half-year results, which included a significant profit increase and a higher interim dividend.
KOSPI Soars 10% on $68B Rescue, Oil Nears $84 Amid Iran-Israel Conflict
South Korea's KOSPI index jumped close to 10% following a major government intervention, while oil prices climbed toward $84 per barrel amid escalating Middle East tensions that are roiling global markets.
Fortescue Directors Increase Holdings Following Strong Earnings, Dividend Boost
Multiple Fortescue board members acquired shares in late February, following the iron ore miner's announcement of a 23% jump in first-half earnings and an increased interim dividend. The stock gained 2% on Thursday.
Fortescue Leads Iron Ore Slump as China Data, Shipping Risks Weigh
Fortescue Metals Group underperformed major miners, dropping 4.49% as iron ore prices softened. Market attention turns to China's manufacturing data and annual policy announcements, with shipping risks adding pressure.
Fortescue Leads ASX Decline Amid Iron Ore Volatility, China Data Awaited
Fortescue Metals Group underperformed major mining peers on Tuesday, falling 4.49% to A$19.58. The decline comes amid choppy iron ore markets and anticipation of critical Chinese manufacturing data and policy targets.
Fortescue Shares Dip Ahead of Key Earnings and Mine Decision
Fortescue Metals shares declined 1.3% to close at A$20.04, with trading volume reaching 6.4 million shares. The market now focuses on the company's upcoming earnings report and the environmental review for its proposed Wyloo North iron ore mine.
STI Surges Past 5,000 on Bank Strength, Global Cues Weigh
Singapore's benchmark index climbed 1.3% to reclaim the 5,000 level, driven by financials and shipbuilding stocks. Trading was uneven post-holiday amid mixed global signals.
Fortescue Faces Dual Catalysts with Mine Review and Earnings
Fortescue Metals Group shares gained 0.5% as regulators began a public comment period for its proposed Wyloo North iron ore mine, with investors also positioning for the company's half-year financial results scheduled for February 25.
Fortescue Gains as Wyloo Mine Enters Public Review, Results Loom
Fortescue shares advanced slightly as regulators began a public feedback period for its proposed Wyloo North iron ore mine. Investors are focused on the upcoming comment deadline and the company's half-year financial report.
Fortescue Shares Extend Losses Amid Iron Ore Weakness, Jefferies Cuts Target
Fortescue Metals Group shares declined for a second consecutive session as iron ore prices remained under pressure. Analyst firm Jefferies reduced its price target on the stock.
Fortescue Retreats as Iron Ore Hovers Near $100, Investors Eye Earnings
Fortescue shares declined 0.96% to A$21.57, giving back some of Monday's gains. Iron ore futures were mixed amid reopened Australian ports and persistent China demand concerns.
Fortescue Leads Mining Rebound as Cyclone Concerns Linger Over Iron Ore
Fortescue shares climbed 2.6% as the ASX 200 recovered 1.9%, driven by a mining sector rebound and rising copper prices. Investors await half-year results amid cyclone disruptions to Pilbara ports.
Cyclone Disrupts Key Iron Ore Port, Fortescue Shares Face Pressure
Fortescue Metals' stock is under scrutiny as Tropical Cyclone Mitchell forces the closure of Port Hedland, threatening iron ore shipments. The miner's half-year results are due later this month.