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Business News

Boeing now recommends 737 MAX simulator training for pilots before flight resumption

Boeing Co said on Tuesday it was recommending that airline pilots undergo simulator training before they resume flying the 737 MAX, a shift from its previous position that pilots only needed computer-based training on new software following two fatal crashes.

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How Did FedEx Corporation (FDX) Compare Against Top Hedge Fund Stocks in 2019?

We are still in an overall bull market and many stocks that smart money investors were piling into surged in 2019. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained more than 57% each. Hedge funds’ top 3 stock picks returned 44.6% this year and beat the S&P 500 […] …read more […]

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Amarin Corporation (AMRN): All Eyes on Vascepa 2020 Sales

There’s good news and some bad news said Amarin Corporation (AMRN) to investors today, using the carrot and the stick approach.The maker of the fish oil drug Vascepa released positive preliminary sales outlook for 2019, which appear likely to reach the top or possibly slightly higher end of management’s guidance ($425 million).In less positive news, the company also released its operating expense (Opex) guidance for 2020. Currently, 2019 consensus Opex estimates are for roughly $350 million, while 2020 will see an increase in the region of $200-$250 million, indicating levels of between $550-$600 million. At present, the 2020 Opex estimate …read more […]