The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing 821 13F filings submitted by hedge funds and prominent investors. These filings show these funds’ portfolio positions as of March 31st, 2020. […] …read more […]
American Airlines Group Inc said on Friday it expects to halt its daily cash burn by the end of 2020 thanks to cost-cutting measures and an improvement in travel demand, easing concerns about its short-term liquidity.
The Members Exchange (MEMX), a new U.S. stock exchange backed by some of Wall Street’s biggest firms that is preparing for a Sept. 4 launch, said it received financial backing from Citigroup Inc .
(Bloomberg) — Caterpillar Inc.’s machinery sales dropped by the most in 10 years last month in a sign of a deepening slump in its Americas businesses, where the company has extended plant shutdowns.Retail receipts in North America fell 36% on a rolling three-month basis, the most since January 2010, the company said in a government filing Friday. Sales in Latin America had the biggest decline since December 2016. Overall global sales dropped by the most since early 2010.The figures underscore concerns over prospects for a halting recovery at the heavy-equipment maker after coronavirus shutdowns dented the profit outlooks for miners …read more […]
VANCOUVER, Washington, Jun 11, 2020 — Preclinical results demonstrated leronlimab effectively inhibited fatty liver development VANCOUVER, Washington, June 11, 2020 — CytoDyn Inc. (OTC.QB: CYDY), (“CytoDyn” or the “Company”), a late-stage biotechnology company developing leronlimab (PRO 140), […]
Wall Street’s main indexes jumped on Friday, recouping about half of the previous session’s sharp losses, but were still on track for their worst week in nearly three months on fears of a rise in new coronavirus infections and economic worries.
VANCOUVER, Washington, June 11, 2020 — CytoDyn Inc. (OTC.QB: CYDY), (“CytoDyn” or the “Company”), a late-stage biotechnology company developing leronlimab (PRO 140), a CCR5 antagonist with the potential for multiple therapeutic indications, announced today the Company […]
(Bloomberg Opinion) — What was already a tough week for Intel Corp. got worse Thursday night: One of the chip giant’s most essential employees left the building.Intel announced its top chip architect Jim Keller resigned effective immediately for personal reasons after only two years on the job. The company didn’t specify exactly why, but added the executive would serve as a consultant for six months to help with the leadership transition.Keller’s departure is a big deal. No one else in the semiconductor industry has his pedigree of chip-engineering success over the last two decades. In the late 1990s, he designed …read more […]
An interruption to a searing rally gave a jolt to equity investors who had been getting used to weeks of steadily rising U.S. stocks.
Augmented Reality Connects Preachers and Congregation During COVID-19 NEW YORK and TORONTO, June 12, 2020 — NexTech AR Solutions (NexTech) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), an emerging leader in augmented reality for eCommerce, AR learning applications, […]
(Bloomberg) — A Taiwanese court ruled Friday that current and former engineers from United Microelectronics Corp. stole trade secrets from U.S. chipmaker Micron Technology Inc. and shared them with a government-backed mainland Chinese company, closing one chapter of a global dispute that’s stoked U.S.-Chinese tensions.The district court of Taichung fined UMC NT$100 million ($3.4 million) after finding three engineers guilty of theft or assisting in the alleged theft. The trio was jailed for periods ranging from 4.5 to 6.5 years and fined between NT$4 million and NT$6 million.The case is part of a years-long dispute spanning two continents that’s deepened …read more […]
The United States is investigating a Venezuelan shipping magnate for possibly violating U.S. sanctions by bringing fuel to gasoline-short Venezuela, according to two senior Trump administration officials.
China’s Tencent Music Entertainment Group on Friday reported a 5.2% passive stake in Warner Music Group Corp , about a week after the world’s third-largest recording label’s debut on the Nasdaq.
(Bloomberg) — The sharp rally in U.S. airline stocks from mid-March lows pushed one analyst to upgrade the worst-performing member of the bunch: Southwest Airlines Co.Credit Suisse boosted Southwest to a buy-equivalent rating from hold on the premise that it’s among the best-positioned to stage what analyst Jose Caiado De Sousa characterized as an “aggressive comeback.” Meanwhile, ratings were cut for Spirit Airlines Inc. and United Airlines Holdings Inc., which have both outperformed the sector and Southwest recently.Since March 19, Southwest has risen by about 17%, lagging behind the S&P 500 Airlines industry index’s 39% climb, Spirit’s more than 100% …read more […]
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing 821 13F filings submitted by hedge funds and prominent investors. These filings show these funds’ portfolio positions as of March 31st, 2020. […] …read more […]
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