Top News & Analysis West Virginia

  • The pending legislation would require a tally of metal reserves in the United States and seek to streamline permitting for the EV sector, an area where China already leads by a wide margin. Even some existing U.S. mines are in China's orbit, with domestic production of so-called rare earth minerals reliant on Chinese processing and now caught up in the U.S.-...

  • May 7- Drugmaker Mylan NV on Tuesday reported lower-than-expected quarterly revenue and failed to provide greater clarity on a potential revamp of the company's strategy, sending its shares down 17 percent to a more than six-and-a-half year low. Mylan has been grappling with lower drug prices as well as problems at its Morgantown facility in West Virginia...

  • *China vice premier to visit U.S. for trade talks. May 7- Wall Street's main indexes tumbled more than 1 percent on Tuesday, as renewed worries over trade negotiations with China stoked global growth worries and kept investors away from risky assets. Beijing said on Tuesday that Chinese Vice Premier Liu He will visit the United States this week for trade talks,...

  • *China vice premier to visit U.S. for trade talks. May 7- U.S. stocks posted broad-based declines on Tuesday, led by tariff-sensitive industrial companies, as renewed worries over trade negotiations with China stoked global growth worries and kept investors away from risky assets. Trump in a surprise move on Sunday said the higher levies would go into effect on...

  • May 7- Mylan NV missed first-quarter revenue estimates on Tuesday, hurt by lower demand for its products and manufacturing problems at its Morgantown plant, sending its shares down nearly 8 percent. The company has been grappling with problems at its Morgantown facility in West Virginia and had last year announced discontinuation of some products and job...

  • May 7- Drugmaker Mylan NV reported quarterly loss on Tuesday, hurt by restructuring-related expenses at its Morgantown manufacturing plant in West Virginia. The company reported a net loss of $25 million, or 5 cents per share, in the first quarter ended March 31, compared with profit of $87.1 million, or 17 cents per share, a year earlier. Total revenue fell to $2.50...

  • WASHINGTON, May 2- A U.S. senator plans to introduce legislation on Thursday to streamline regulation and permitting requirements for the development of mines for lithium, graphite and other electric-vehicle supply chain minerals, part of a plan to offset China's dominance in the space. Senator Lisa Murkowski, the Alaska Republican who is chair of the...

  • May 2- Drug distributor McKesson Corp has agreed to pay $37 million to resolve a lawsuit by the state of West Virginia alleging it helped fuel a U.S. opioid epidemic by failing to stop suspicious orders of painkillers by pharmacies in the state. The settlement announced by West Virginia Attorney General Patrick Morrisey on Thursday came in one of hundreds of...

  • May 2- Maine could soon prohibit parents from citing religious or personal beliefs to avoid vaccinating their children, making the U.S. state one of a half dozen cracking down during the nations' largest measles outbreak in 25 years. State legislatures in New York, New Jersey, Oregon, Vermont, Minnesota and Iowa, are looking at similar bills, that would only allow...

  • May 2- Drug distributor McKesson Corp has agreed to pay $37 million to resolve a lawsuit by the state of West Virginia seeking to hold it responsible for contributing to the opioid epidemic, the state's attorney general said on Thursday. The settlement announced by West Virginia Attorney General Patrick Morrisey resolves one of hundreds of cases McKesson...

  • May 2- Drug distributor McKesson Corp has agreed to pay $37 million to resolve a lawsuit by the state of West Virginia seeking to hold it responsible for contributing to the opioid epidemic, the state's attorney general said on Thursday. The settlement announced by West Virginia Attorney General Patrick Morrisey resolves a lawsuit he filed in state court in...

  • WEST VIRGINIA ATTORNEY GENERAL SAYS MCKESSON CORP TO PAY $37 MILLION TO RESOLVE LAWSUIT OVER ITS DISTRIBUTION OF OPIOIDS.

  • WASHINGTON, April 30- Doubts mounted on Tuesday over U.S. Republican Senators Joni Ernst and Lindsey Graham, respectively, signaled growing resistance to Trump's bid to put a loyalist on the Fed's policy-setting panel after remarks denigrating women, made over nearly two decades of writing and commentating, were widely reported last week.

  • April 30- EQM Midstream Partners LP said Tuesday it was "unlikely" to complete the long-delayed $4.6 billion Mountain Valley natural gas pipeline from West Virginia to Virginia during 2019 due to ongoing legal and regulatory challenges. In addition to Mountain Valley, environmental legal challenges have also slowed construction of Dominion Energy Inc's...

  • March 27- Diversified Gas& Oil Plc said on Wednesday that it had agreed to buy some producing gas assets located in Pennsylvania and West Virginia from HG Energy for about $400 million. London- listed Diversified Gas also announced a proposed placing of shares by way of accelerated bookbuild to raise not less than $225 million to fund the deal.

  • LYFT INC SAYS COWEN, RAYMOND JAMES, CANACCORD GENUITY, EVERCORE ISI, PIPER JAFFRAY AND JMP SECURITIES ARE AMONG UNDERWRITERS TO THE IPO.

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  • *Impact of India- Pakistan tensions spreads from Asia to Europe. India and Pakistan both said on Wednesday they shot down each other's fighter jets, a day after Indian warplanes struck inside Pakistan for the first time since a 1971 war, prompting world powers to urge restraint. "Tension between India and Pakistan is weighing on markets this morning ahead of a very...

  • Feb 27- Mylan NV shares slid 10 percent on Wednesday after the generic drug maker predicted poor 2019 earnings that led some Wall Street analysts to wonder if its finances would worsen further. Five brokerages cut their 12- month targets on Mylan's share price, and analysts at Cowen& Co were the most negative with a $25 target, a third lower than the median Wall...

  • *Impact of India- Pakistan tensions spreads from Asia to Europe. Feb 27- Wall Street was set to open slightly lower on Wednesday, mirroring losses in global markets, as the second U.S.-North Korean nuclear summit kicked off and tensions flared up between nuclear-armed neighbors India and Pakistan. India and Pakistan both said on Wednesday they shot down each...