Articles by admin

The U.S. Food and Drug Administration and international health authorities are investigating the safety of Zantac heartburn medicine, also sold generically as ranitidine, after finding a probable cancer-causing impurity in the drug. Ranitidine is the newest drug in which presence of cancer causing impurities have been found. Glaxo Holdings Ltd, now a part of GlaxoSmithKline PLC , receives its first U.S. FDA approval for Zantac as a short-term treatment of a common form of ulcers. …read more […]

Jim Pozzi has been the CEO of American National Insurance Company (NASDAQ:ANAT) since 2015. First, this article will… …read more […]

(Bloomberg) — Russia wants to make its Arctic waters more attractive to shippers than the Suez Canal and could be willing to compensate for potential risks to make that happen.President Vladimir Putin has made development of the Arctic one of Russia’s top long-term priorities and huge projects to export liquefied natural gas via the Northern Sea Route have already lured investors above the Polar Circle. But shippers of other products remain reluctant to make the detour from the Suez Canal toward the Arctic due to multiple risks.To deliver a cargo via the Northern Sea Route today, a shipping company needs …read more […]

Today we’ll do a simple run through of a valuation method used to estimate the attractiveness of Amazon.com, Inc… …read more […]

Top news and what to watch in the markets on Monday, October 21, 2019. …read more […]

The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put… …read more […]

Ginni Rometty has been the CEO of International Business Machines Corporation (NYSE:IBM) since 2012. This report will… …read more […]

WikiLeaks founder Julian Assange has appeared in court for a hearing on his extradition case. Assange raised a fist in a defiant gesture to acknowledge his supporters in the gallery at Westminster Magistrates’ Court for a case management hearing. Former Home Secretary Sajid Javid signed an order in June allowing Assange to be extradited. …read more […]

We’ve lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The… …read more […]

(Bloomberg) — JPMorgan & Co. says the money-market stress that sent short-term borrowing rates surging last month is likely to get much worse despite the Federal Reserve’s attempts to inject billions of dollars into the financial system.The Fed has offered overnight loans and started buying up to $60 billion of U.S. Treasury bills a month in an effort to ease pressure in the vast repo market, where banks typically lend their assets in exchange for short-term financing. Secured lending rates shot up in late September, with analysts pointing to scarcity of interbank reserves as well as regulations that limits the …read more […]

Indonesia plans to share a final report into a deadly Boeing Co 737 MAX crash with the families of victims on Wednesday, according to a spokesman for the country’s air accident investigator. The 737 MAX was grounded worldwide following a second deadly crash in Ethiopia in March 2019. …read more […]