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Insys founder Kapoor sentenced to 66 months in prison: judge
Insys Therapeutics founder John Kapoor was sentenced to 66 months in prison for his role in an opioid fraud scheme by a U.S. district judge in Boston on Thursday.
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Intel’s Bullish Sales Forecasts Powered by Data Center Revival
(Bloomberg) — Intel Corp. gave bullish quarterly and full-year revenue forecasts, suggesting personal-computer demand remains strong and purchasing by data center owners has come surging back. The shares jumped as much as 7.2% in late trading.Revenue in the current period will be roughly $19 billion, and profit will be about $1.23 a share, excluding certain items, Intel also said. That compares with average analysts’ estimates of $17.2 billion and $1.04 a share.Sales in 2020 will be about $73.5 billion, the company said late Thursday in a statement. Analysts were looking for $72.2 billion on average, according to data compiled by …read more […]
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Why this analyst says Boeing and GE are a buy
Kramer Capital Research CIO Hillary Cramer joins The Final Round to break down why investors should buy Boeing and GE shares when they fall. …read more […]
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3 “Strong Buy” Energy Stocks to Catch on Oil Demand Growth
Oil may be a necessity in today’s economy, but that doesn’t mean oil prices always go up. In recent years, supply has outpaced demand, putting downward pressure on prices. The fracking revolution in the US oil industry, which opened up previously non-viable or unavailable reserves in shale formations, has turned the US into the world’s largest oil producer and, for now, a net exporter of crude oil products.The effect on prices has been long-term macro-level volatility. Prices troughed four years ago, in January 2016, climbed steadily to peak in September 2018, and have been unable to regain highs since, in …read more […]
Business News
Bank regulator charges ex-Wells Fargo executives for role in sales scandal
Wells Fargo & Co’s regulator on Thursday announced it had brought civil charges against eight former executives, including former Chief Executive Officer John Stumpf, marking the first federal action against individuals for their role in the bank’s three-year sales practices scandal.
Business News
Dollar up vs euro as ECB holds rates steady, launches review
The dollar rose against the euro on Thursday after the European Central Bank held interest rates steady and launched a broad review of its policy that was likely to see new President Christine Lagarde redefine the ECB’s main goal and how to achieve it.
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Netflix Bounce Sparks Bullish Options Trading
A price-target hike has sparked upside in NFLX shares today …read more […]
Business News
American, Southwest say demand helping competitors while 737 MAX sits parked
Healthy travel demand is cushioning results for American Airlines Group Inc and Southwest Airlines Co , the two said on Thursday, while warning they are losing customers as their Boeing 737 MAX jets remain parked in a global grounding.
Healthcare
NEXT SUPER STOCK: CytoDyn, Inc. (OTC: CYDY) January 23, 2020 Conference Presentation
CytoDyn, Inc. (OTC: CYDY) Next Super Stock investor conference presentation January 23, 2020 CEO Dr. Nader Pourhassan, Ph.D, discusses CytoDyn’ new $87.5 million licensing deal for commercializing Leronlimab to treat HIV, as well as the […]
Business News
Exclusive: Guyana opening search for oil firm to trade its crude – official
Guyana’s government next month plans to begin a search for an oil company or trading firm to market its share of the South American country’s crude, the director of the Department of Energy, Mark Bynoe, said in an interview.
Business News
Wall Street pares losses on positive coronavirus news
Wall Street struggled for direction on Thursday as investors digested mixed earnings and developing news about the coronavirus outbreak emanating from China.
Business News
Regulator charges ex-Wells Fargo executives for role in sales scandal
Wells Fargo & Co’s regulator on Thursday announced it had brought civil charges against eight former executives, including former Chief Executive Officer John Stumpf, marking the first federal action against individuals for their role in the bank’s sales practices scandal.
Business News
Wall Street hit by coronavirus concerns, weak earnings
U.S. stock indexes fell on Thursday, as mounting worries over a coronavirus outbreak in China and disappointing corporate earnings prompted investors to hit the brakes after a strong start to the year.
Business News
French investigators to move ahead with Ghosn prosecution over palace party
French prosecutors investigating a party that former Renault-Nissan boss Carlos Ghosn threw for his wife at the sumptuous Versailles palace will in the next few weeks ask judges to examine the case, bringing a prosecution a step closer.
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Gilead assessing Ebola drug as possible coronavirus treatment
Gilead Sciences Inc said on Thursday it was assessing whether its experimental Ebola treatment could be used to treat coronavirus infection. “Gilead is in active discussions with researchers and clinicians in the United States and China regarding the ongoing Wuhan coronavirus outbreak and the potential use of remdesivir as an investigational treatment,” a company spokesman said in an emailed statement. …read more […]