Bank of America has added Ligand Pharmaceuticals to its list of stocks it recommends buying, setting a new price target at $244. The move comes as the bank highlights Ligand’s business model, which focuses on high‑margin products and a lower level of risk compared to many other biopharma companies.
Banks and regulators have announced that digital versions of securities, known as tokenized securities, will be treated exactly like their conventional counterparts when it comes to capital requirements. The Federal Reserve, the FDIC, and the Office of the Comptroller of the Currency explained that
Corporate leaders are shifting focus from just cutting emissions to actually preparing for the storms and heat waves that are becoming more common. Recent discussions in boardrooms reveal that weather surprises can damage factories, disrupt delivery routes and make workers less productive. The
World of Warcraft players can now jump back into Outland after the latest servers open for Burning Crusade Classic on February 6, Korea Standard Time. The update brings the shattered realm into the original Classic experience, letting adventurers reach level 70 for the first time. Players who hav
Banks are diving into AI, and it's a big deal. For the third year, it's the hottest trend in finance. But it's not all smooth sailing. AI brings both benefits and risks. On one hand, it boosts efficiency and improves customer service. On the other, it opens doors to fraud, deepfakes, and voice cloni
Banks in the euro area might struggle to get money from markets, especially in dollars and other foreign currencies, if global tensions keep rising. This warning came from the European Systemic Risk Board (ESRB) on a Thursday. Recently, things got tense between Europe and the U. S. over President T
World leaders are carefully considering an invitation to join a new "Board of Peace" proposed by U. S. President Donald Trump. This initiative aims to tackle global conflicts, starting with the Gaza situation. However, there are concerns about how this board might affect the United Nations. Hungary
Banks are in a tough spot right now. President Trump has suggested capping credit card interest rates at 10% for a year. This idea has caused quite a stir in the finance world. Banks are trying to figure out what to do next. The problem is, there's no clear plan on how this cap would work. The Whit
Finance teams just got a powerful new ally. Pacera, a fresh software company, is here to shake things up. It's made by merging three well-known Nordic finance tools: Aico, AARO, and Mercur. Each of these tools has been helping finance teams for years. Aico handles the financial close process. AARO m
Corporate boards are facing a tough time with diversity, equity, and inclusion (DEI) programs. The rules are changing, and it's not easy to keep up. Companies with operations worldwide have it even harder because laws differ from one place to another. To handle this, boards need to be well-informed
