Newsmakers

CytoDyn (OTC: CYDY) Initiates Phase 2 Clinical Trial With Leronlimab for Treatment of NASH

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), […]

Newsmakers

CytoDyn (OTC: CYDY) Reached Its Enrollment Target for Phase 2 COVID-19 Trial for Mild to Moderate Indication – Primary End Point Announcement Is Next

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 […]

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Trading Ideas

Intel Loses a Chip Wizard at the Worst Possible Time

(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 […]

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Engineers Found Guilty of Stealing Micron Secrets for China

(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 […]

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Southwest Raised at Credit Suisse After Muted Share Gains

(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 […]

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Hedge Funds Going Back and Forth About Exelixis, Inc. (EXEL)

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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Should You Be Tempted To ‘Sell’ Centurylink (CTL) Stock

Miller Value Partners recently released its Q1 2020 Investor Letter, a copy of which you can download below. The Miller Value Partners Opportunity Equity Fund posted a return of -38.4% for the quarter (net of fees), underperforming its benchmark, the S&P 500 Index which returned -19.6% in the same quarter. You should check out Miller […] …read more […]

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Hedge Funds Aren’t Crazy About MongoDB, Inc. (MDB) Anymore

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. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […] …read more […]