Trading Ideas
Sanders drops 2020 presidential bid, stocks extend gains
Bernie Sanders drops out of the presidential race. Yahoo Finance’s Rick Newman joins the On The Move panel to weigh in. …read more […]
Year: 2020
Trading Ideas
Why Aren't Homeowners Taking Advantage of Low Mortgage Rates?
Owners snooze through refinance opportunities while rates return to historic lows. …read more […]
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Inovio Advances COVID-19 Vaccine to Phase 1 Testing; Analyst Reiterates ‘Buy’
Amid the ongoing public health crisis, Wall Street is eagerly awaiting any piece of good news. Inovio Pharmaceuticals (INO) just came through.On Monday, the vaccine maker, which is up 150% year-to-date, announced that the Investigational New Drug (IND) application for its experimental COVID-19 vaccine, INO-4800, had been accepted by the FDA. Additionally, management revealed that the first patient in the Phase 1 trial had been dosed with the DNA vaccine candidate.Commenting on the development, H.C. Wainwright analyst Raghuram Selvaraju said, “We note that this constitutes a validating milestone for Inovio’s DNA medicine platform—i.e., to rapidly develop and advance a vaccine …read more […]
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Zoom is facing heat over privacy — here are 4 more secure alternatives
Nervous about all of the security and privacy issues facing Zoom? These 4 alternatives will help. …read more […]
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Pluristem Changes the Game with Strong Preliminary COVID-19 Results; Analyst Says ‘Buy’
With the war against COVID-19 waging on, Wall Street focus has locked in on the names at the frontline. Battling a formidable opponent capable of spreading without a trace, innovative technologies will be required to arm the world’s population. As such, market watchers are standing at the ready, hoping to identify the healthcare companies that can deliver effective weapons against the deadly virus.Pluristem Therapeutics (PSTI) has a fighting chance. On April 7, the company reported its treatment for acute respiratory failure and inflammatory complications caused by COVID-19 had demonstrated robust preliminary results from the compassionate use program, sending shares 21% …read more […]
Business News
Airbus cuts jet production to cope with coronavirus crisis
Airbus on Wednesday cut production across the board to absorb the hit to manufacturing from the coronavirus crisis.
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Markets rally as coronavirus fatalities near 84K
Yahoo Finance’s Jared Blikre breaks down the latest market action. He joins the On The Move panel to discuss. …read more […]
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Business News
Lufthansa’s Austrian unit negotiates state aid, job cuts
Austrian Airlines is in negotiations with the government regarding state aid to save jobs and keep Vienna as a transfer hub for long-haul flights, the carrier said on Wednesday, adding the talks were at an early stage and will probably take weeks.
Business News
Fed modifying asset cap so Wells Fargo can make more small business loans
The U.S. Federal Reserve said on Wednesday it would “temporarily and narrowly” modify the growth restriction on Wells Fargo & Co’s asset cap so the bank can make more loans under government assistance programs for small businesses hurt by the coronavirus disruption.
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Why Costco is the ultimate coronavirus pandemic stock to own
Costco’s stock looks ripe for further gains during the coronavirus pandemic, strategists say. …read more […]
Business News
Walmart’s Mexico unit hires over 7,700 employees to manage higher demand
Walmart de Mexico, known locally as Walmex , has hired 7,741 employees to manage higher volume and demand at its stores, the retailer said in a statement on Wednesday
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Stocks rise as Bernie Sanders drops out of US presidential race
Stocks added to early gains Wednesday after Sen. Bernie Sanders dropped out of the U.S. presidential race. …read more […]
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India shuns Gulf producers, diverts refiners' oil to SPR
India will divert 19 million barrels of Gulf oil from state-run firms to strategic petroleum reserves (SPRs) skipping direct purchases from producers to help refiners get rid of extra oil as their storage is full, three sources said. India’s decision to divert cargoes meant for state refiners will not soak up excess oil from the market following the demand collapse caused by the coronavirus pandemic, but it will help local companies to avoid demurrage charges at a time of expensive freight. The Indian Strategic Petroleum Reserves Ltd (ISPRL), a company charged with building SPRs, had planned to buy …read more […]