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Edited Transcript of LCI earnings conference call or presentation 6-Nov-19 9:30pm GMT
Q1 2020 Lannett Company Inc Earnings Call …read more […]
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Business News
Wall Street set for weak open as Trump, Hong Kong sour mood
Wall Street’s main indexes were set to retreat at the open on Monday as comments by President Donald Trump dampened expectations around a U.S.-China trade deal, while escalating violence in Hong Kong added to investor worries.
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US STOCKS-Wall Street set for weak open as Trump, Hong Kong sour mood
Wall Street’s main indexes were set to retreat at the open on Monday as comments by President Donald Trump dampened expectations around a U.S.-China trade deal, while escalating violence in Hong Kong added to investor worries. Hopes of a “phase one” deal to end the damaging 16-month trade war and largely upbeat corporate earnings have sparked a rally that helped the three major stock indexes close at record highs on Friday. Trade-sensitive stocks Caterpillar Inc, Advanced Micro Devices Inc, Micron Technology Inc and Intel Corp shed about 1% each in premarket trading. …read more […]
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Market Weekend: CBS Fires Non-Leaker, Walgreens Deal, Hazy Aramco Details, China Inflation Up on Pork
CBS Fires Producer Who Recorded Amy Robach Tape On Epstein Interview Spike But she’s not the leaker. Ashley Bianco, a 25-year old producer who formerly worked for Disney’s (NYSE:DIS) ABC, was fired by CBS (NYSE:CBS) this week after ABC falsely identified her as the leaker that released a video of ABC anchor Amy Robach complaining […]The post Market Weekend: CBS Fires Non-Leaker, Walgreens Deal, Hazy Aramco Details, China Inflation Up on Pork appeared first on Market Exclusive. …read more […]
Business News
China, Greece agree to push ahead with COSCO’s Piraeus Port investment
China and Greece agreed on Monday to push ahead with a 600 million euros investment by COSCO Shipping into Greece’s largest port, Piraeus, as part of efforts to boost its role as a hub in rapidly growing trade between Asia and Europe.
Business News
Oil falls after Trump plays down optimistic China trade reports
Oil prices dipped on Monday after U.S. President Donald Trump appeared to play down reports of an imminent lifting of tariffs in a protracted U.S.-Chinese trade war.
Business News
Google launches smart device in Brazil in new challenge to Amazon
Alphabet Inc’s Google is bringing to Brazil the latest version of its own smart device Google Nest, with plans to start selling it in major online and brick-and-mortar retailers in the country as of Tuesday.
Business News
Stock futures fall as Trump, Hong Kong weaken mood
U.S. stock index futures fell on Monday as President Donald Trump’s comments dampened expectations around a U.S.-China trade deal, while escalating violence in Hong Kong added to investor worries.
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The Fed Helps Return The Treasury Bond ETF Play
As the Federal Reserve maintains a loose monetary policy to prop up the economy, long-term Treasury bonds and related ETFs could continue to maintain a decades-long bull run. …read more […]
Business News
Global stocks drop as Hong Kong violence rattles investors
Shares around the globe fell on Monday, buffeted by escalating violence in Hong Kong that pushed Asian stocks to their worst day since August and stoked demand for the safe-haven yen and gold.
Business News
UK building sector hit by surge in insurance costs after Grenfell fire
Two years after a fire killed 71 people at London’s Grenfell Tower, insurance premiums for building contractors, architects and surveyors have surged by as much as several hundred percent, risking future projects, industry sources say. Combustible materials used to refurbish Grenfell were central to the chain of events in June 2017 that turned an ordinary kitchen fire into an inferno, an official inquiry said last month.
Business News
Amazon’s $1.5 million political gambit backfires in Seattle City Council election
Seattle voters, in a rebuke to heavy corporate campaign spending by Amazon.com, have kept progressives firmly in control of their city council, reviving chances for a tax on big businesses that the tech giant helped fend off last year.
Business News
Uber’s Latin American stronghold pursued by SoftBank-funded rivals
Latin America, long a safe haven for Uber, was the biggest weak spot in the money-losing company’s latest financial results, registering just 2% growth, the worst of any region.
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EU Stops the Clock on Review of Boeing Deal With Embraer
(Bloomberg) — European regulators halted their in-depth antitrust probe into Boeing Co.’s plan to invest in Embraer SA, saying they hadn’t received sufficient information from the planemakers.The European Commission has been investigating the venture, warning that the deal could remove Embraer as the third-largest global competitor to both Boeing and Airbus SE, which “may therefore result in higher prices and less choice.” The commission, one of the world’s toughest merger regulators, said Monday that it “stopped the clock” and a review can only be restarted once it gets the answers it needs.The heightened scrutiny puts new pressure on Boeing’s plan …read more […]
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UPDATE 1-FDA rejects Lipocine's testosterone drug for third time
The U.S. Food and Drug Administration on Monday declined to approve Lipocine Inc’s oral drug to treat a condition that results in lower production of male sex hormone for the third time, sending the drug developer’s shares down 34%. The company said a letter from the regulator indicated the application could not be approved in its present form as Lipocine’s trial did not meet three secondary goals that were designed to assess if higher levels of testosterone in patients could raise safety concerns. The decision marks the third regulatory setback in over three years for Lipocine’s Tlando, which …read more […]