Microsoft Joins Baidu’s Apollo Alliance

Microsoft Joins Baidu’s Apollo Alliance

Microsoft has joined Baidu’s (BIDU) Apollo alliance to assist the Chinese search giant’s development of artificial intelligence-powered vehicles. Microsoft will provide global scale for the Apollo project outside of China with its Azure cloud. The Apollo alliance is an open platform that provides a comprehensive, secure and reliable solution to support all major features and functions of an autonomous vehicle. Baidu has enlisted 50 companies to contribute and accelerate the […]

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YuMe and Mediaocean Partner

YuMe and Mediaocean Partner

YuMe, an independent provider of multi-screen video advertising technology, said Wednesday it has partnered with advertising software provider Mediaocean to extend the reach of TV media buying by providing brands the ability to access premium digital video inventory through Mediaocean’s existing TV buying workflow. By combining traditional TV buying with digital, TV buyers can view YuMe’s Designated Market Area-specific inventory and local TV station avails side-by-side. The company said a […]

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Catalyst Biosciences’ Program Hits Financial Milestone

Catalyst Biosciences’ Program Hits Financial Milestone

Catalyst Biosciences shares were up over 4% pre-market Thursday after the company said it has achieved a financial milestone under its collaboration with ISU Abxis. In June, the first patient and cohort were enrolled in a phase 1/2 proof-of-concept clinical trial in individuals with severe hemophilia B, which triggered the milestone payment to Catalyst. ISU Abxis and Catalyst plan to have top-line data from the clinical trial by the end […]

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Wheeler Real Estate Investment Trust Sells Two Parcels

Wheeler Real Estate Investment Trust Sells Two Parcels

Wheeler Real Estate Investment Trust shares were up almost 1% Thursday morning after the company said it has closed on the sale of an outparcel located at Rivergate Shopping Center in Macon, Georgia, and Carolina Place, a 2.14 acre raw land parcel located in Onley, Virginia. The Rivergate sale resulted in net proceeds of $651,000, while the proceeds of the Carolina property will reduce the principal balance of the company’s […]

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The Finish Line Posts Q1 EPS In Line With Street

The Finish Line Posts Q1 EPS In Line With Street

The Finish Line, a shoe retailer, reported fiscal Q1 2018 adjusted EPS of $0.23, flat with $0.23 in the same period a year ago and in line with the estimate of $0.23 from analysts polled by CapIQ. For the quarter ended May 27, total revenues of $429.8 million were down from $430 million in the same period a year ago and fell short of the Street projection of $434 million. […]

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