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These 3 “Strong Buy” Healthcare Stocks Have 40% Upside — Or More, Says Cowen

The world’s population is getting older, rapidly. According to the United Nations, the fastest-growing age group across the world is adults aged 65 and older, with it predicting one out of every six people will be 65 or older by 2050. This means that the age group will make up 16% of the world’s total population, 9% higher than it was in 2011, with this figure expected to be larger in North Africa and Europe.To this end, investors are looking for ways to capitalize on the growing opportunity within the healthcare space. In order to pinpoint the most compelling opportunities …read more […]

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UPDATE 1-Intel says chip supply for personal computers remains tight

Intel Corp said on Wednesday it was increasing its reliance on contract chip manufacturers to ramp up supply of chips used in personal computers as the company struggles with shipment delays amid higher demand. Intel said supply remained “extremely tight” even though it has expanded its manufacturing capacity and increased second-half PC chip supply by double digits compared with the first half. Intel had said in October that demand in the PC business was outstripping its ability to add capacity and it was considering outside chip makers. …read more […]

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Up to Westpac to weigh CEO's future amid money-laundering scandal, Australian PM says

Prime Minister Scott Morrison said on Thursday it was up to the board of Westpac Banking Corp to decide whether Chief Executive Brian Hartzer should resign in the wake of Australia’s biggest money laundering scandal. Financial crime watchdog AUSTRAC began legal action on Wednesday, accusing Westpac of 23 million breaches of anti-money laundering laws and seeking fines of up to A$21 million ($14 million) for every transaction Australia’s second largest bank failed to monitor adequately or report on time. The allegations included money transfers involving child exploitation. …read more […]