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Dril-Quip and Innovex to merge ahead of latter's planned listing

Dril-Quip and Innovex to merge ahead of latter's planned listing March 18 (Reuters) - Oilfield equipment makers Dril-Quip DRQ.N and Innovex Downhole Solutions plan to merge in an all-stock deal, the companies said in a joint statement on Monday, months after Innovex filed to go public in the United States. Shares of Dril-Quip, which has a market value of around $800 million according to Refinitiv, rose 7.5% to $25.5 in extended trading.
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Madrigal plans $500 million fund raising to prepare for NASH drug launch

UPDATE 1-Madrigal plans $500 million fund raising to prepare for NASH drug launch Adds details and background throughout March 18 (Reuters) - Madrigal Pharmaceuticals MDGL.O said on Monday it plans to raise $500 million through a public offering of shares, primarily to fund the launch of its potentially multi-billion dollar drug to treat a severe type of fatty liver disease.
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Wall Street ends higher, investors juggle Fed nerves with AI enthusiasm

US STOCKS-Wall Street ends higher, investors juggle Fed nerves with AI enthusiasm Nvidia AI developer conference kicks off with new chips in focus Alphabet jumps on report of talks to build Gemini AI into iPhone Nasdaq says issues impacting connectivity resolved Indexes up: Dow 0.20%, S&P 0.63%, Nasdaq 0.82% Updates with final closing prices, volume data By Sinéad Carew and Bansari Mayur Kamdar March 18 (Reuters) - Wall Street's main indexes closed higher on Monday, with megacap growth stocks s
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Wall Street ends higher, investors juggle Fed nerves with AI enthusiasm

US STOCKS-Wall Street ends higher, investors juggle Fed nerves with AI enthusiasm Updates with preliminary closing data 04:00 p.m ET/ 2000 GMT By Sinéad Carew and Bansari Mayur Kamdar March 18 (Reuters) - Wall Street's main indexes advanced on Monday, with megacap growth stocks such as Alphabet and Tesla supporting a rebound in technology-heavy Nasdaq while investors also waited for the U.S.
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Megacaps' rally lifts tech-heavy Nasdaq, Fed in focus

US STOCKS-Megacaps' rally lifts tech-heavy Nasdaq, Fed in focus Nvidia AI developer conference kicks off with new chips in focus Alphabet jumps on report of talks to build Gemini AI into iPhone Nasdaq says issues impacting connectivity resolved Indexes up: Dow 0.43%, S&P 0.90%, Nasdaq 1.24% Updates prices at 02:27 p.m ET/ 1827 GMT By Sinéad Carew and Bansari Mayur Kamdar March 18 (Reuters) - Wall Street's main indexes rose on Monday, with a rally in megacap growth stocks such as Alphabet and Te
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