Year: 2020

The antiviral drug, to be available under the brand name Veklury, is one of the few treatments to have shown to be effective against the respiratory illness. The marketing application is supported by data from two late-stage human trials conducted by Gilead and another late-stage trial by the National Institute of Allergy and Infectious Diseases, the company said. The drug has been at the forefront in the fight against the respiratory illness after the intravenously administered medicine helped shorten hospital recovery times in a U.S. trial. …read more […]

Learning how to buy blue chip stocks can be a huge boost to your investment portfolio. In fact, many of the top investors in the world rely on these stocks every day.
The stock market presents a wide range of opportunities for the taking. However, there may not be a safer, more reliable choice than blue chip stocks. Let’s take a deeper look.

Why You Should Learn How to Buy Blue Chip Stocks
The stock market is always susceptible to volatility. In general, no stock is immune to downturns. But some stocks have a history of solid performances no matter where the market …read more […]

Seema Shah, Chief Strategist at Principal Global Investors, joins The First Trade with Alexis Christoforous and Brian Sozzi to discuss what’s moving the markets around Monday’s opening bell. …read more […]

If you want to know who really controls Two Harbors Investment Corp. (NYSE:TWO), then you’ll have to look at the… …read more […]

If you want to know who really controls Rite Aid Corporation (NYSE:RAD), then you’ll have to look at the makeup of its… …read more […]

Third Point recently released its Q2 2020 Investor Letter, a copy of which you can download here. The fund posted a return of 10.8% for the quarter, underperforming its benchmark, the S&P 500 Index which returned 20.5% in the same quarter. You should check out Third Point’s top 5 stock picks for investors to buy right […] …read more […]

Third Point recently released its Q2 2020 Investor Letter, a copy of which you can download here. The fund posted a return of 10.8% for the quarter, underperforming its benchmark, the S&P 500 Index which returned 20.5% in the same quarter. You should check out Third Point’s top 5 stock picks for investors to buy right […] …read more […]

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With its stock down 11% over the past week, it is easy to disregard Dropbox (NASDAQ:DBX). However, stock prices are… …read more […]

McDonald’s is suing former CEO Stephen Easterbrook over allegedly covering up relationships with other employees and destroyed evidence. Yahoo Finance’s Alexis Christoforous and Brian Sozzi break down the details. …read more […]

Yahoo finance’s Alexis Christoforous, Brian Sozzi, and Jared Blikre discuss Amazon potentially turning some Sears and JC Penney locations into fulfillment centers. …read more […]

(Bloomberg) — Eastman Kodak Co. shares plunged Monday after a federal agency announced it was suspending a $765 million loan to help the former film company produce Covid-19 drugs, pending the outcome of investigations into potential wrongdoing.The International Development Finance Corporation said in a tweet Friday night that “recent allegations of wrongdoing raise serious concerns. We will not proceed any further unless these allegations are cleared.” Congress and the U.S. Securities and Exchange Commission are investigating the deal, and Kodak’s board said Friday it’s also opening a review of the loan disclosure.The stock tumbled as much as 43% before being …read more […]

Yahoo Finance’s Emily McCormick joins The First Trade with Alexis Christoforous and Brian Sozzi to discuss the potential of Twitter combining with TikTok. …read more […]

(Bloomberg) — Barrick Gold Corp. is returning some of the windfall it’s getting from gold’s record rally to its shareholders.The world’s second-largest gold miner increased its quarterly cash dividend 14% to 8 cents per share, the company said Monday in its second-quarter earnings statement.“The board believes that the dividend increase is sustainable and reflects the ongoing robust performance of our operations and continued improvement in the strength of our balance sheet,” the company said.Chief Executive Officer Mark Bristow said the strong cash generation demonstrated the quality of Barrick’s assets and management’s ability to capture the full benefit of higher gold …read more […]