Healthcare

Valeo Pharma Receives Approval from Health Canada for the Transfer of Commercial Rights to Ametop™

AmetopTM commercialization to begin in July 2020 First of four Valeo products scheduled for launch this summer MONTREAL , July 13, 2020  – Valeo Pharma Inc. (VPH.CN) (“Valeo” or the “Company“), a Canadian specialty pharmaceutical company,  announced today […]

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Is Apple (AAPL) Stock Worth Your Attention Right Now?

On July 14, 2020, Wedgewood Partners released its Q2 2020 Investor Letter, a copy of which you can download here. The Fund returned 27.13% for the second quarter of 2020. Meanwhile, the benchmark Russell 1000 Growth Index and the Russell 1000 Value Index gained 27.84% and 14.29%, respectively. You should check out Wedgewood Partners’ top […] …read more […]

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Moderna expects to start late-stage COVID-19 vaccine trial on July 27

Moderna Inc said on Tuesday it plans to start a late stage clinical trial for its COVID-19 vaccine candidate on or around July 27, according to its listing for the phase 3 study at clinicaltrials.gov. Moderna said it will conduct the trial at 87 study locations, all in the United States. The experimental vaccine will be tested in 30 states and Washington, D.C. Around half of the study locations are in hard-hit states like Texas, California, Florida, Georgia, Arizona and North and South Carolina. …read more […]

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Boeing 737 MAX cancellations top 350 planes in first half of 2020

Boeing said it handed over 10 aircraft in June, up from four planes in May, and six jets in April. The June cancellations came from aircraft-leasing firms, including U.S.-based Aviation Capital, Dublin-based Avolon and Singapore’s BOC Aviation, which respectively scrubbed 5, 17 and 30 orders for the 737 MAX. Romanian carrier Blue Air also canceled six 737 MAX orders, with another two 737 MAX orders halted by unidentified customers. …read more […]

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Why Bristol-Myers Squibb (BMY) Stock is a Compelling Investment Case

On July 14, 2020, Wedgewood Partners released its Q2 2020 Investor Letter, a copy of which you can download here. The Fund returned 27.13% for the second quarter of 2020. Meanwhile, the benchmark Russell 1000 Growth Index and the Russell 1000 Value Index gained 27.84% and 14.29%, respectively. You should check out Wedgewood Partners’ top […] …read more […]

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Were Hedge Funds Right About Warming Up To The Kraft Heinz Company (KHC)?

How do you pick the next stock to invest in? One way would be to spend days of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of […] …read more […]

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Ex-Intel CEO Lists Lavish Silicon Valley Compound

A nearly one-acre estate set on one of the most prime avenues in Atherton, arguably the Silicon Valley’s most desirable residential neighborhood, recently popped up for sale with a $13.25 million pricetag. Tucked away behind walls and gates, the fully landscaped Tuscan-style spread is a bonafide compound with a three-level main house, detached guesthouse, and […] …read more […]

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Were Hedge Funds Right About Align Technology, Inc. (ALGN)?

At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (see why hell is coming). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. […] …read more […]