by Super Admin - 4 days ago
After turning lower over the course of the previous session, stocks may see further downside in early trading on Friday. The major index futures are currently pointing to a lower open for the markets, with the Dow futures down by 160 points.
by Super Admin - 4 days ago
General Electric Co. filed a lawsuit against Siemens Energy AG, accusing the German power distribution company of stealing trade secrets for gas turbines. Siemens Energy allegedly used the information to get at least nine contracts to supply gas turb...
by Super Admin - 4 days ago
Following a court ruling, the U.S. Food and Drug Administration postponed the effective date for tobacco manufacturing companies to display new health warnings on cigarette packets and in advertisements, by additional 90 days. The warnings with colo...
by Super Admin - 4 days ago
JPMorgan Chase & Co (JPM) reported strong results in the fourth quarter of 2020, with net profit up 42% largely driven by credit reserve releases of $2.9 billion. The Group said it ended the year with a CET1 ratio of 13.1% and capital above $200 bill...
by Super Admin - 4 days ago
U.S. Covid hospitalizations again started showing a downward trend, prompting Covid Tracking Project to say that it seems to be the first signs of hospitalizations slowing down at national level. A total of 128,947 patients are admitted in U.S. hospi...
by Super Admin - 4 days ago
What's moving these stocks in pre-market hours today?
by Super Admin - 4 days ago
The UK economy contracted less than expected in November despite a second nationwide lockdown, data released by the Office for National Statistics revealed Friday. Ending six months of growth, gross domestic product shrank 2.6 percent on month in Nov...
by Super Admin - 4 days ago
Phoenix, Arizona-based Scalpa Inc. has recalled Scalpa Numb Maximum Strength Topical Anesthetic Cream citing risk of poisoning as it failed to meet child resistant packaging requirements, according to the U.S. Consumer Product Safety Commission. The...
by Super Admin - 4 days ago
European stocks fell slightly on Friday as worries about rising U.S.-China tensions and tighter Covid-19 restrictions coming into force around Europe offset optimism over U.S. President-elect Joe Biden announcing a $1.9 trillion stimulus package to b...
by Super Admin - 4 days ago
Pet care retailer Petco Health and Wellness Company Inc.'s shares surged around 63% in the first day trading on Thursday after the Initial Public Offering, reflecting strong demand for pets as majority of people are confined to their homes during the...
by Super Admin - 4 days ago
European stocks are likely to open lower on Friday after U.S. President-elect Joe Biden unveiled his $1.9 trillion stimulus plan, which raised optimism for further economic revival but increased inflation expectations.
by Super Admin - 4 days ago
Today's Daily Dose brings you news about Lexicon's regulatory update on Sotagliflozin in heart failure; FDA approval of Pfizer's XALKORI in a new indication; Bicycle's pipeline progress update and Organogenesis' progress in knee osteoarthritis trial.
by Super Admin - 4 days ago
Asian stock markets are mixed on Friday after U.S. President-elect Joe Biden revealed details of a $1.9 trillion stimulus proposal, called the American Rescue Plan, to support American households and businesses amid the pandemic. Worries about rising...
by Super Admin - 5 days ago
Stocks saw modest strength for much of the trading session on Thursday before giving back ground going into the close. The major averages all slid into negative territory, with the Dow and the Nasdaq pulling back off the record intraday highs set in...
by Super Admin - 5 days ago
Stocks have pulled back off their best levels of the session but remain mostly higher in mid-day trading on Thursday. Earlier in the trading day, the Dow and the Nasdaq reached new record intraday highs.