Why Sorrento Therapeutics, Inc. Stock Sank Today
The biotech’s share price dropped on no news — but perhaps plenty of worries. …read more […]
The biotech’s share price dropped on no news — but perhaps plenty of worries. …read more […]
The Trump administration’s decision to use DNA testing to help reunite children separated from their parents at the Mexican border is sparking concerns among privacy advocates about how data will be used. The Department of Health and Human Services is analyzing the DNA of some of the nearly 3,000 separated children in U.S. custody, Health and Human Services Secretary Alex Azar said Thursday in a conference call with reporters. The agency is also testing adults who claim to be a child’s parent to verify familial relationships. …read more […]
BTIG Research boosts its price target on the social networking juggernaut. …read more […]
Starbucks says an employee in Philadelphia has been fired after reportedly mocking a customer with a stutter. The coffee chain says the behavior did not reflect the experience customers should have and the employee is no longer with Starbucks. A person on Facebook posted Sunday that his friend stuttered when giving his name, and that the barista made light of it verbally and then spelled the name with extra letters. …read more […]
Dell had taken his own company private for $25 billion in 2013 and created the tracking stock to finance its $67 billion purchase of VMware parent EMC in 2015. DVMT has since doubled in value, closing June 29 at $84.58-per-share. The rise in DVMT made it a perfect currency for buying back control of VMware, which rose almost 8%, to over $158-per-share in early trade July 2. …read more […]
Netflix reportedly tests an Ultra Tier subscription in Europe. Yahoo Finance’s Seana Smith, Myles Udland and Dion Rabouin discuss. …read more […]
Micron Technology Inc. said a ban on the sale of some of its products in China is unfair and won’t hurt its earnings. “The central government of China has often stated that the rights of foreign companies are fairly and equally protected in China,” Micron said in the statement. …read more […]
European stocks got a boost after the United States offered to abandon threatened levies on European cars in return for concessions, with German Chancellor Angela Merkel saying she would back lowering European Union tariffs on U.S. car imports. The rally in Europe spilled over to U.S. stocks, with New York-listed stock of Fiat gaining 5.8 percent. …read more […]
The Model 3 can now park itself. Called Summon, the feature is now available …read more […]
The company also confirmed in a statement for the first time two of its units had been temporarily banned from selling some memory chips and solid state drives in China, following a complaint from rivals United Microelectronics Corporation (UMC) and Fujian Jinhua Integrated Circuit Co. The lawsuit followed Micron’s complaint in December against Chinese government-backed Fujian and UMC in a California court alleging misappropriation of its trade secrets and other misconduct. …read more […]
Sarepta Therapeutics’ (SRPT) DMD drug sales are rising and pipeline candidates are progressing well. However, dependence on a single product for near-term growth is a concern. …read more […]
After less than a year in the role, the CEO of Tivo is leaving the troubled …read more […]
German Chancellor Angela Merkel said on Thursday she would back lowering European Union tariffs on U.S. car imports, responding to an offer from Washington to abandon threatened levies on European cars in return for concessions. “When we want to negotiate tariffs, on cars for example, we need a common European position and we are still working on it,” Merkel said. U.S. President Donald Trump threatened last month to impose a 20-percent import tariff on all EU-assembled vehicles, which could upend the industry’s current business model for selling cars in the United States. …read more […]
There were bigger biotech deals than these this year, but arguably none better. …read more […]
Momo (MOMO) seems well-positioned for future earnings growth and it is seeing rising earnings estimates as well, coupled with a solid Zacks Rank. …read more […]
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