Newsmakers

Drs. Pourhassan and Kelly of CytoDyn (OTC: CYDY) to Hold Conference Call to Provide Updates on COVID-19 Phase 2 and 3 Trials, NASH, BLA for HIV and Manufacturing of Leronlimab in 2020-2021

VANCOUVER, Washington, Jun 09, 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 Nader […]

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Trading Ideas

Tesla to start volume production of Semi trucks – memo

Tesla Inc’s chief executive Elon Musk said that it is time to bring its Semi commercial truck to “volume production”, as the U.S. electric vehicle maker ramps up vehicle production after a brief virus-related shutdown. “Production of the battery and powertrain will take place at Giga Nevada,” Musk said in an email seen by Reuters. …read more […]

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Business News

U.S. companies vow to fight racism but face critics on diversity

In the past, U.S. corporations have largely remained silent as protests erupted over killings of African-Americans by police officers. That changed with the May 25 death of George Floyd in Minneapolis, which has set off a flurry of corporate statements of solidarity with the black community – along with pledges of more than $1.7 billion to advance racial justice and equity.

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Trading Ideas

Hertz Set To Challenge NYSE Delisting In Upcoming Hearing

Hertz (HTZ) has announced that it has received a letter from the New York Stock Exchange (NYSE) revealing plans to delist Hertz’s common stock from the exchange. Shares in HTZ are down 12% in Wednesday’s pre-market trading.According to an SEC filing made by Hertz, NYSE Regulation reached its decision after Hertz disclosed on May 22, 2020 that it has commenced voluntary petitions for reorganization under chapter 11 of the Bankruptcy Code.Hertz says it has appealed the determination and has requested a hearing before the NYSE. “At this time, the common stock of the company will continue to be listed and …read more […]

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Trading Ideas

Tesla to start volume production of Semi trucks: memo

Tesla Inc’s chief executive Elon Musk said that it is time to bring its Semi commercial truck to “volume production”, as the U.S. electric vehicle maker ramps up vehicle production after a brief virus-related shutdown. “Production of the battery and powertrain will take place at Giga Nevada,” Musk said in an email seen by Reuters. …read more […]