logo
Titan Pharmaceuticals: Q2 Earnings Snapshot

Titan Pharmaceuticals: Q2 Earnings Snapshot

NEW YORK (AP) — NEW YORK (AP) — Titan Pharmaceuticals Inc. (TTNP) on Thursday reported a loss of $689,000 in its second quarter.
On a per-share basis, the New York-based company said it had a loss of 65 cents.
_____
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Engineering service firm Legence files for US IPO
Engineering service firm Legence files for US IPO

Yahoo

time25 minutes ago

  • Yahoo

Engineering service firm Legence files for US IPO

(Reuters) -Engineering and maintenance service provider Legence said on Friday it had filed for an initial public offering in the United States. The U.S. IPO market has seen a resurgence in activity with a flurry of companies coming forward to list their shares to tap growing investor confidence, after a slowdown in April due to trade policy changes. Shares of cryptocurrency exchange Bullish more than doubled in their New York debut earlier in the week. Goldman Sachs and Jefferies are the lead book-running managers for the offering. The company will list its shares on Nasdaq under the ticker symbol "LGN". Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Target and Ulta mutually agree not to renew partnership launched in 2021
Target and Ulta mutually agree not to renew partnership launched in 2021

Yahoo

time25 minutes ago

  • Yahoo

Target and Ulta mutually agree not to renew partnership launched in 2021

NEW YORK (AP) — Target (TGT) and Ulta Beauty (ULTA) are parting ways, ending a partnership launched in 2021 that created in-store shops filled with beauty products at hundreds of the discounter's stores. According to a joint release issued Thursday, the companies said they have 'mutually agreed" not to renew their pact, which concludes in August 2026. Until then, the Ulta Beauty experience at Target will continue in Target stores and on the release said. Ulta is currently in 600 of Target's roughly 1,980 stores, according to a Target spokesperson. 'For 35 years, Ulta Beauty has revolutionized how people experience beauty — bringing together an unmatched assortment from mass to luxury — and our partnership with Target was one of many unique ways we have brought the power of beauty to guests nationwide,' said Amiee Bayer-Thomas, chief retail officer of Ulta Beauty, in a statement. Rick Gomez, executive vice president and chief commercial officer at Target, said in a statement he was committed to "offering the beauty experience consumers have come to expect from Target.' The partnership was announced in 2020 and came as the coronavirus pandemic upended shopping habits and more people tried to minimize potential exposure to the virus through one-stop shopping. COVID had dampened sales of lipstick as people wore masks, but the skincare business enjoyed stronger sales. The shops are about 1,000 square feet and carry makeup, skincare, and fragrance and operated beside existing beauty sections in Target stores. The deal was a way for both Target and Ulta to increase their customer base. 'It's a combination of two winning retailers that have great momentum in the market that can redefine the category,' Target CEO Brian Cornell told The Associated Press back in 2020. The announcement comes as Target is struggling to regain its footing with its shoppers who are pulling back on discretionary items and are shopping at other rivals that they believe to be lower price or offer better merchandise. Target is slated to report its fiscal second-quarter results on Wednesday. Target is also expected to announce a succession plan for a new CEO to replace president and CEO Brian Cornell, who took the helm in 2014. In September 2022, Target extended Cornell's contract for three more years, but the retailer never publicly gave an official time frame. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Citizens Bank parent recruits former State Street exec to be its next CFO
Citizens Bank parent recruits former State Street exec to be its next CFO

Boston Globe

time27 minutes ago

  • Boston Globe

Citizens Bank parent recruits former State Street exec to be its next CFO

The back-and-forth is, to some extent, a reflection of the fact that Boston-based State Street and Providence-based Citizens are by far New England's largest remaining publicly traded banks. State Street is the bigger of the two, though it focuses on services for institutional customers, while Citizens is a general-purpose commercial and consumer bank. Advertisement Citizens chief executive Bruce Van Saun said in a statement that Banerjee is a perfect fit for Citizens because of his leadership experience in financial services and his work overseeing 'transformation optimization programs' in the industry. His arrival comes as Citizens embarks on what Van Saun calls its 'Reimagining the Bank' initiative, aimed at using artificial intelligence to redesign key banking services. Advertisement The announcement comes a few weeks after Barclays posted a brief video interview with Banerjee on LinkedIn. 'My passion really came from a quote which says, 'It's not the fastest or the strongest or the most talented team which wins all the time but the team which always wins is the team that believes it can,' ' Banerjee said in that spot. 'So my passion is to ensure that ... we build that winning spirit in a team.' At the time, he was talking about Barclays. But pretty soon, he'll be putting his team-building skills to work at Citizens. This is an installment of our weekly Bold Types column about the movers and shakers on Boston's business scene. Jon Chesto can be reached at

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