Year: 2020

Shareholders in Moderna, Inc. (NASDAQ:MRNA) may be thrilled to learn that the analysts have just delivered a major… …read more […]

As you might know, McDonald’s Corporation (NYSE:MCD) recently reported its third-quarter numbers. It looks like a… …read more […]

ImmunoGen, Inc. (NASDAQ:IMGN) shareholders will have a reason to smile today, with the analysts making substantial… …read more […]

(Bloomberg) — One after another, some of the most embattled names in corporate America are racing to raise easy money while they can.With the coronavirus surging anew across the nation, two prominent companies in the stricken travel industry — American Airlines Group Inc. and Carnival Corp. — outlined plans Tuesday to sell stock. Meantime, in the junk bond market, corporations with weak credit ratings are hurrying to lock in today’s ultra-low interest rates.The rush underscores the angst gripping many companies even as global investors drive financial markets to giddy heights. With reduced odds for a large stimulus package, companies looking …read more […]

Singles Day, a Black Friday-like shopping festival dreamed up by large retailers, is normally boom time for China’s major online platforms. And indeed Alibaba, which this year started its 11.11 event back on Nov. 1, claims a record $56 billion (RMB372 billion) of business, and sales coming in at up to 583,000 orders per second. […] …read more […]

Many investors define successful investing as beating the market average over the long term. But in any portfolio… …read more […]

There’s been a notable change in appetite for Baudax Bio, Inc. (NASDAQ:BXRX) shares in the week since its… …read more […]

Shareholders in BioNTech SE (NASDAQ:BNTX) may be thrilled to learn that the analysts have just delivered a major… …read more […]

Athersys, Inc. (NASDAQ:ATHX) missed earnings with its latest quarterly results, disappointing overly-optimistic… …read more […]

(Bloomberg) — China’s clampdown on internet and fintech giants has pummeled shares of Alibaba Group Holding Ltd., erasing $165 billion of market value and prompting some investors to reassess their holdings.After a 19% plunge from record highs at the end of October, including a nearly 10% drop on Wednesday in Hong Kong, here’s what five investors are doing with their positions in the crown jewel of Jack Ma’s business empire:Octahedron Capital ManagementThe San Francisco-based hedge fund increased its stake after shares tumbled earlier this month on the suspension of Ant Group Co.’s initial public offering. Alibaba owns a third of …read more […]

(Bloomberg) — Stocks rose in Europe and Asia on Wednesday as investors continued a rotation into cyclical industries at the expense of technology shares. Crude oil rose.Gains in travel, energy and consumer stocks pulled the Stoxx Europe 600 Index higher at the open. Tech shares underperformed, including Dutch Internet provider Prosus NV.Equities in Japan, Korea and Australia climbed more than 1%, but a technology selloff in China deepened following Beijing’s crackdown on the Internet industry.The picture was brighter for U.S. shares. Nasdaq 100 futures edged higher along with contracts on the S&P 500, whose underlying benchmark pulled back from a …read more […]

(Bloomberg) — The news about Pfizer Inc. and BioNTech SE’s Covid-19 vaccine has spurred a speculative frenzy in a relatively niche corner of Asia’s stock market.In South Korea, freezer and cooling circulator maker Daihan Scientific Co. and deep freezer supplier IlShinbiobase Co. rallied further after surging as much as 30% on Tuesday. In Japan, kitchen refrigerator maker Hoshizaki Corp. has added almost 10% over the past two sessions, while peer Fukushima Galilei Co. rose the most intraday in more than two years on Wednesday. Over in India, Snowman Logistics Ltd. was up again after jumping as much as 15% on …read more […]

In this article we are going to estimate the intrinsic value of British American Tobacco p.l.c. (LON:BATS) by taking… …read more […]

Ray Dalio, founder of Bridgewater Associates, expressed support on Wednesday for China’s abrupt decision to suspend Ant Group’s record $37 billion listing, citing the need to curb risks from financial innovation. At the same time, Dalio, who calls himself a “chronic bull on China”, also told an online conference that not investing in the rising Asian power is “very risky”. …read more […]

Aurora Cannabis Inc (NYSE: ACB) shares plunged in the after-hours session Tuesday as the company announced plans for a $125 million public offering.What Happened: Aurora plans to price each unit of the fresh issue at $7.50, which will consist of one common share of the company and one-half portion of a share purchase warrant. A whole warrant will entitle the holder to buy one common stock at an exercise price of $9 per warrant share. These warrants would have a maturity period of 40 months from the date of offer close.The company is yet to receive the approvals from the …read more […]