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EFX earnings call for the period ending June 30, 2021.
Last week, biotech Cassava Sciences (NASDAQ: SAVA) published topline interim-analysis data for simufilam, a potential treatment for Alzheimer's disease. Unfortunately, these developments do not paint a clear path to victory, but instead, they raise more perplexing questions about its science. In the study, the first 50 Alzheimer's patients with mild to moderate disease who received simufilam for a period of 12 months saw their cognition improve by an average of 3.2 points on the Alzheimer's Disease Assessment Cognitive Subscale (ADAS-COG) from baseline.
Markets are up this year – that’s no news, the gains have been substantial and sustained – but recent weeks have made investors nervous. The resurgence of COVID, rising inflation and stubbornly high unemployment have already made headlines, but new problems are coming up overseas. In China, for example, a developing debt crisis in the giant Evergrande Group threatens to upend that country’s lending system. So, after a full nine months of gains this year, the stock markets are looking at the real
Shares of Naked Brand Group (NASDAQ: NAKD) surged 21.8% on Monday, as investors' excitement about a potential game-changing acquisition reached a fever pitch. Naked Brand's popularity among traders on Reddit and other social media sites helped it raise cash via stock offerings earlier this year. After ridding itself of debt and amassing a war chest of $270 million, Naked Brand's management team went hunting for takeover targets.
Palantir (NYSE: PLTR) and IBM (NYSE: IBM) are two very different types of tech companies. Palantir's market value has tripled since its direct listing last September, thanks to the robust growth of its data mining and AI platforms. IBM, which went public 110 years ago, has lost about a fifth of its value over the past decade as it struggled to grow its legacy businesses.
Companies like Alibaba and Tencent are successful economic assets. So why are they being squeezed by Xi Jinping's Communist Party?
These tech companies are trading at lofty valuations but their forecasts imply they might be fairly valued.
Oil prices are making a strong move higher, causing Goldman Sachs to come out very bullish on several industry players.
Following failure to win a huge USPS delivery vehicle contract, electric vehicle (EV) maker Workhorse Group (NASDAQ: WKHS) is seeing its share prices crash even lower. Investor confidence sank recently on the recall of several dozen Workhorse delivery vans for upgrades. Among other troubles, Workhorse recently lost a multibillion-dollar contract to build electric delivery runabouts for the Postal Service to industrial vehicle maker Oshkosh Corporation (NYSE: OSK).
The World Health Organization (WHO) has further delayed the emergency use authorization (EUA) for Covaxin, a COVID-19 vaccine developed in India. Ocugen Inc (NASDAQ: OCGN) is the U.S. partner for the vaccine. According to sources, the global body has sent more technical queries to its manufacturer Bharat Biotech. Without EUA, Covaxin would not be considered an accepted vaccine by most countries around the world. WHO's queries for Bharat Biotech come despite the drugmaker asserting that it has su
(Bloomberg) -- Agnico Eagle Mines Ltd. agreed to acquire Kirkland Lake Gold Ltd. in an all-stock deal to create a bullion giant in mine-friendly countries, heralding a potential wave of industry consolidation. The shares of both Canadian miners fell.Most Read from BloombergThe Country That Makes Breakfast for the World Is Plagued by Fire, Frost and DroughtHow Los Angeles Became the City of DingbatsHSBC Bets Big on China as Pressure Mounts in LondonWhy the Gaza Strip May Be the City of the Future
Stock futures traded mixed Monday morning as investors closely monitored developments in Washington, D.C., as lawmakers rush to try and avert a government shutdown. Yahoo Finance's Julie Hyman, Brian Sozzi and Brian Cheung weigh in.
Viatris, Las Vegas Sands, and Take-Two Interactive are trailing the market in 2021. You should consider buying two of them but stay away from the third.
Shares of Amazon (NASDAQ: AMZN) fell a few percentage points on Monday morning, following an analyst's move to cut his price target for the stock. Interestingly, however, the analyst's lowered price target for shares still represents significant upside from where the stock is trading today, illustrating how bullish some analysts are on the company. Indeed, even after this analyst lowered his price target, he is still maintaining an overweight rating on shares (the equivalent of a buy rating).
The company's expansion is necessary, execs said, to provide more space for manufacturing and clinical operations.
Apple purchased the buildings, which are all at least 40 years old, from longtime Silicon Valley investor Carl Berg.
JPMorgan CEO Jamie Dimon said that Bitcoin may rise 10 times in price in the next five years. The long-term Bitcoin critic also warned that it would be foolhardy to borrow money to buy Bitcoin.
Stocks sank Tuesday, with technology stocks leading the way lower as investors nervously eyed a swift rise in U.S. Treasury yields.
Information technology products distributor TD Synnex delivered mixed fiscal third-quarter results for its legacy Synnex business on Tuesday.
Financial performance of renewable energy companies has often been erratic. Be it rooftop solar or fuel cells, renewable energy space is still evolving. Let's look at three renewable energy stocks that you can buy and hold for the long term.
Gevo Inc (NASDAQ: GEVO) is trading higher Monday after the company announced that it received a patent from the United States Patent and Trademark Office for a process that encompasses upgrading ethanol and bio-based alcohols into drop-in, bio-based diesel and jet-fuel products. The patented process establishes a new technology and route to hydrocarbons that did not previously exist. This creates an opportunity for Gevo to diversify ethanol production to help meet increasing demand for renewable