Month: April 2020

Chief Equity Strategist at Nuveen Bob Doll joins Yahoo Finance’s Seana Smith to discuss recession concerns amid the coronavirus. …read more […]

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California’s Public Utilities Commission (CPUC) voted on Thursday to approve the merger of wireless carriers T-Mobile US Inc and Sprint Corp, marking the final approval for a $23 billion deal which closed on April 1. The deal had closed without a final decision from the California PUC, which gave that on Thursday with a unanimous vote. The CPUC had issued a proposed decision in March to approve the merger with conditions. …read more […]

Mellanox shares rose nearly 2% in afternoon trading, while Nvidia jumped about 4%. Many acquisitions between U.S. and international companies with significant operations in China have faced challenges in securing approval from the country’s regulator due to a bitter trade war between the two largest economies of the world that started in January, 2018. Two years ago, U.S. chipmaker Qualcomm Inc had to walk away from a $44 billion deal to buy NXP Semiconductors after failing to secure Chinese regulatory approval. …read more […]

The results are in, and it looks like cannabis company Aphria (APHA) hit another ball out of the park. Unlike other heavy hitters in the space, this name has consistently impressed Wall Street with its performance, and its most recent quarter was no exception.According to its fiscal Q3 earnings report, which was released Tuesday, the company generated net revenue of CA$144.4 million, flying past the CA$131 million consensus estimate. Not to mention this number is up from CA$120.6 million in the previous quarter. Group adjusted EBITDA also didn’t disappoint. For the fourth consecutive quarter, the figure came in positive at …read more […]

The U.S. Transportation Department said on Thursday it had rejected most requests by Jetblue Airways Corp and Spirit Airlines to halt additional flights in the wake of the pandemic that has sent passenger traffic down by 95%. The department last week issued final rules setting minimum flights requirements for airlines receiving government assistance allowing airlines to dramatically cut and consolidate but not eliminate service. Spirit must resume flights to the New York City area and outstate New York airports after it suspended service to all New York, New Jersey and Connecticut airports it serves in …read more […]

The market has experienced all kinds of ups and downs over the last two months, entering various phases as investors react to the coronavirus pandemic.
But, as Alexander Green shares today, there is one proven investment strategy that works in every phase.

Editor’s Note: Concerned about making the right investment choices in today’s volatile markets? Well, Alexander Green is sharing one of his favorite buy signals in this week’s video update – and it’s one that hasn’t just worked well for years, but for decades.

And if you’re interested in learning more, be sure to tune in to Alex’s special presentation with Bill …read more […]

COVID-19 has put the world in a chokehold, but one biotech name appears to be well on its way to delivering a match-winning knockout.On Tuesday, Moderna (MRNA) hosted a virtual vaccines day in which management as well as infectious disease (ID) key opinion leaders (KOLs) highlighted scientific, regulatory and commercial considerations related to Moderna’s vaccine programs, including its experimental vaccine against COVID-19, mRNA-1273. With respect to this candidate, Moderna expects to have initial Phase 1 immunogenicity data in the summer, and then to progress quickly into Phase 2. After a dose has been selected, Phase 2b/3 studies are slated to …read more […]