logo
VTv Therapeutics: Q2 Earnings Snapshot

VTv Therapeutics: Q2 Earnings Snapshot

HIGH POINT, N.C. (AP) — HIGH POINT, N.C. (AP) — VTv Therapeutics Inc. (VTVT) on Tuesday reported a loss of $6 million in its second quarter.
On a per-share basis, the High Point, North Carolina-based company said it had a loss of 92 cents.
_____
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Premier League chief calls for patience as Man City legal case drags on
Premier League chief calls for patience as Man City legal case drags on

San Francisco Chronicle​

time12 minutes ago

  • San Francisco Chronicle​

Premier League chief calls for patience as Man City legal case drags on

LONDON (AP) — The Premier League's top official called for patience Wednesday while the seismic legal case involving Manchester City drags on into another season. City was charged by the league in February 2023 with more than 100 financial breaches, including providing misleading information about its sources of income. The case was heard by an independent commission between September and December last year but no verdict has been reached. Punishment could be as extreme as expulsion from the top flight. City has always denied the charges. The issue hangs over the start of another Premier League campaign, with the 2025-26 season starting Friday. But Richard Masters, the competition's chief executive, reiterated the league has no control or say over the timings. Asked in an interview with British broadcaster Sky Sports News why the league could not hurry the process along, Masters said: 'I can't answer that specific question. All I can tell you about is the system and how it works. 'I mean, it's an independent judiciary, essentially. So once the allegations, the charge, has been put forward, they go before an independent panel, which is independently selected, and they are then in charge of the process and its timings. They hear the case, they decide the outcome, and we have no influence over that, over it or its timing. That's right from an independence point of view." 'I just have to wait,' he said, "and legal processes rarely take less time than you anticipated, but we have to be patient.' Taking the Premier League abroad The Spanish league has recently approved a request for a match, between Villarreal and Barcelona, to be played in the United States in December and Masters was asked whether the Premier League had any similar desire to take a game abroad. Masters said the need has lessened. 'We did look at the '39th game' way back when, with lots of controversy. I recall that very clearly," Masters said of a controversial proposal made back in 2008 of having an extra round of matches played overseas. 'Our objective at the time, when thinking about it, was to help grow the Premier League around the world. 'And we've been able to do that through different means, through brilliant broadcast partnerships, through digital technology, investing in other areas, like the Summer Series tournament we've just had in the U.S., and now the Premier League is a genuinely global league. There are billions of people who will be tuning in over the course of the next next nine months to watch Premier League action. So we've achieved that objective by different means, that necessity has dissipated.'

NBA's Trail Blazers sold in $4 billion deal to owner of NHL's Hurricanes
NBA's Trail Blazers sold in $4 billion deal to owner of NHL's Hurricanes

New York Post

time12 minutes ago

  • New York Post

NBA's Trail Blazers sold in $4 billion deal to owner of NHL's Hurricanes

The owner of the NHL's Carolina Hurricanes can now add the NBA's Portland Trail Blazers to his portfolio. Tom Dundon agreed to purchase the Blazers from the estate of Paul G. Allen on Wednesday, according to multiple reports. The valuation of the deal is at a little more than $4 billion, per ESPN, and Dundon is leading a group that includes co-president of Blue Owl Capital Marc Zahr and co-CEO of Collective Global Sheel Tyle, who is also Portland-based. Advertisement 4 Carolina Hurricanes owner Tom Dundon during a 2019 interview. Icon Sportswire via Getty Images The Trail Blazers announced in May the team was up for sale and it had always been called for in Allen's will that the NBA franchise be sold 'at some point.' His sister, Jody Allen, had been acting as team governor since Allen's passing in 2018 from cancer. Advertisement Dundon confirmed the tentative to buy the NBA franchise with the Associated Press, but did not reveal terms of the sale. A spokesperson for the Hurricanes told The Athletic that Dundon 'is in the process of buying the Portland Trailblazers and is excited about the opportunity.' 4 A overhead general view of the NBA Cup painted court during a game between the Sacramento Kings v Portland Trail Blazers at the Moda Center. Getty Images A source told The Oregonian that the group 'is passionate about basketball and intends to keep the team in Portland, where it belongs.' Advertisement The Dundon-led group is also planning to talk with the city and state about a public-private partnership for a new arena, according to ESPN. 4 Jerami Grant #9, Dalano Banton #5, Shaedon Sharpe #17 and Robert Williams III #35 of the Portland Trail Blazers walk off the court. Getty Images Once a deal is finalized, the sale will need to be approved by the NBA board of governors. In the May announcement about the sale of the team, the estate said that the proceeds of the sale of the Trail Blazers would go to philanthropic endeavors. Advertisement 4 Former Trail Blazers owner Paul G. Allen, who died in 2016. Getty Images Allen's trust said the Seattle Seahawks, which his estate also owns, and the 25 percent stake in the MLS Seattle Sounders would not be included in the sale. The billionaire co-founder of Microsoft bought the franchise for $70 million in 1988 and died in 2018. It marks the latest multi-billion dollar sale of an NBA franchise this year, with the Celtics being sold for $6.1 billion in March and a deal for majority ownership of the Lakers pegging the team at a $10 billion valuation.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store