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Posh New York City Suburb to Tap Bond Market for $189 Million
  • December 31, 2024

Posh New York City Suburb to Tap Bond Market for $189 Million

(Bloomberg) -- Westchester County plans to issue roughly $189 million in general obligation bonds, with Fitch Ratings giving the debt a top-tier AAA rating. Most Read from BloombergDetroit’s Michigan Central Is the Building Revival Story of 2024Burned Out Parents Need Better Public SpacesMigrant Crisis Pushed US Homelessness to Record High in 2024The affluent enclave, home to New York City suburbs like Scarsdale and Rye, will use the proceeds from the sale expected in February for various capita

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Why Is Brain Cancer-Focused Kazia Therapeutics Stock Trading Lower On Tuesday?
  • December 31, 2024

Why Is Brain Cancer-Focused Kazia Therapeutics Stock Trading Lower On Tuesday?

Kazia Therapeutics Limited (NASDAQ:KZIA) stock is trading lower on Tuesday after the company provided a regulatory update on paxalisib for glioblastoma (GBM) following its Type C clinical meeting with the FDA. In July 2024, the company reported topline results from the GBM-AGILE study in which newly diagnosed unmethylated patients with glioblastoma treated with paxalisib showed a clinically meaningful improvement in a prespecified secondary analysis for overall survival (OS) compared to standard

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Why Is Insurer SiriusPoint Stock Trading Higher On Tuesday?
  • December 31, 2024

Why Is Insurer SiriusPoint Stock Trading Higher On Tuesday?

SiriusPoint Ltd (NYSE:SPNT) stock is trading higher on Tuesday after the specialty insurer and reinsurer announced the repurchase of all SiriusPoint common shares and warrants held by CM Bermuda Limited for $733 million. Following the closing of the repurchase transaction, CM Bermuda will have no remaining ownership interest in SiriusPoint and will cease to have any representation on, or observer rights with respect to, SiriusPoint’s board of directors. SiriusPoint will pay in two tranches, with

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MicroAlgo's FULL Adder Quantum Algorithm Sends Stock Skyrocketing - What's Going On?
  • December 31, 2024

MicroAlgo's FULL Adder Quantum Algorithm Sends Stock Skyrocketing - What's Going On?

MicroAlgo, Inc. (NASDAQ:MLGO) shares are trading higher on Tuesday. The company disclosed the development of a quantum algorithm technology, featuring a FULL adder operation based on CPU registers in quantum gate computers. A FULL adder is a core component in classical digital circuits for binary addition, but its implementation in quantum computing is more intricate due to qubit properties like superposition and entanglement. MicroAlgo’s quantum algorithm efficiently executes FULL adder operati

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