Yahoo Finance Plus June 29 (Reuters) - The U.S. Food and Drug Administration on Monday asked Heron Therapeutics for additional data on its therapy to manage postoperative pain.
The company said the FDA did not identify any clinical safety or efficacy issues for the non-opioid painkiller, HTX-011. (Reporting by Vishwadha Chander and Dania Nadeem in Bengaluru; Editing by Saumyadeb Chakrabarty)
(Bloomberg) -- Xi Jinping smiled and hinted at a policy bombshell that would soon roil stock markets from Shanghai to New York.It was mid-June, and the most powerful Chinese Communist Party leader since Mao Zedong was holding court at an after-school club for elementary students in the remote city of Xining. Acknowledging the growing pressure on students and their parents to spend time and money on private tutoring, Xi promised to ease their burden. “We must not have out-of-school tutors doing t
Apple (NASDAQ: AAPL) and Advanced Micro Devices (NASDAQ: AMD) reported great earnings results recently, but upcoming catalysts indicate there's more growth ahead. Apple started to see a lift in sales a year ago after the pandemic sent everyone scrambling for new computers and tablets in order to remain productive at home. Apple reported a record for the quarter ended in June of $81 billion in revenue, up 36% year over year.
General Electric's 1-for-8 reverse stock split is effective. Its shares open for trading Monday north of $100.
Square Inc.'s surprise release of its quarterly earnings report Sunday was its second-biggest news of the night, behind the announcement that it plans to purchase Australian buy-now pay-later company Afterpay Ltd. in a $29 billion all-stock deal.
Many investors are so focused on accumulating wealth that they neglect the second part of the equation.
This weekend's Barron's offers investors an overlooked way to play the coming infrastructure surge. Other featured articles discuss how to find rising dividends, why some electric vehicle start-ups are in trouble and whether the shine is off big tech stocks after earnings. Also, see the prospects for a British pharmaceutical company, a travel recovery play, a recovering semiconductor leader, an industrial conglomerate and more. "Infrastructure Is on Its Way. Here's a Cheap Way to Play It" by Nic
You might think that any stock handpicked by Warren Buffett and his top investment managers would be held in high regard by most investors. Several stocks in Berkshire Hathaway's (NYSE: BRK.A) (NYSE: BRK.B) portfolio are either beaten down, have bargain valuations, or both. Here are three underrated Buffett stocks that are smart buys right now.
The market rally is near highs. Square made a huge deal. Li Auto sales leapt in July. Nio, other Tesla EV rivals are due.
Hundreds of Chinese companies are listed on U.S. markets. China is the world's most-populous nation and the second-largest economy with a booming urban middle class and amazing entrepreneurial activity. Often dozens of Chinese stocks are among the top performers at any given time, across an array of sectors.
Twitter polls and questions can be interesting as they can provide investment ideas and due diligence. A larger reaction from Twitter Inc (NYSE: TWTR) users can also highlight which stocks have the highest number of responses and support a consensus. “What company is worth less than $10 billion today but you think could be worth $500+ billion in a few decades?” was a question posed by Brian Feroldi on Twitter recently. The account, with over 178,000 followers, got a ton of responses and shared t
According to Bloomberg, the Short ARKK ETF would track the inverse performance of Cathie Wood’s $23 billion Ark Innovation ETF (NYSEARCA: ARKK) through swaps. As per the Securities and Exchange Commission filing, the fund would trade under the ticker SARK and charge a 0.75% operating expense. Post-launch, the SARK would be managed by Matt Tuttle, chief executive officer at Tuttle Capital Management LLC. “In sum, as ARKK already represents a long exposure to a basket of unprofitable tech stocks,
The uber-wealthy investor buys breakfast at McDonald’s.
Warren Buffett has steered Berkshire Hathaway to incredible success since taking over as CEO in 1965. The legendary investor's belief that it pays to be greedy when others are fearful has helped power the company's success, and putting that tenet to work could help elevate your own portfolio. It's almost impossible to predict when crashes will hit with a high level of consistency, but investors can dramatically improve their long-term performance by being ready to take action when volatility hits.
Follow these tips to stay financially healthy amid the new strain of the virus.
The single biggest reason to sell Dogecoin right now and never look back is its complete lack of competitive advantages. For instance, you'll often hear Dogecoin enthusiasts tout its lower transaction fees relative to the Big Two in crypto, Bitcoin and Ethereum.
Chinese electric vehicle maker XPeng delivered 8,040 vehicles in July. It's a new monthly record for the company.
(Bloomberg) -- Chinese equities rebounded from an early Monday loss and sovereign bonds rallied, as investors weighed the odds for monetary policy easing against a regulatory crackdown that has roiled markets.The benchmark CSI 300 Index rose 2.2% after erasing a decline of 1%. Consumer shares led gains, with Kweichow Moutai Co. and Wuliangye Yibin Co. adding at least 4.6%. In Hong Kong, the Hang Seng Index also rebounded, rising 0.9%.Trading remains volatile as investors try to price in the new
NIO Inc. (NYSE: NIO) and XPeng Inc. (NYSE: XPEV) are scheduled to report updates on July quarter deliveries on Monday. Expectations are running high following a stellar monthly report from domestic peer Li Auto Inc. (NASDAQ: LI). Li Auto Starts Q3 On a Upbeat Note: Li Auto reported Sunday its deliveries for July totaled 8,589 units of its Li ONEs, it sole EV model. The July performance represented a 11.4% month-over-month increase from the 7,713 vehicles delivered in June. On a year-over-year ba
Investors eyeing steady and reliable income could consider adding top-quality dividend stocks to their portfolios. Thanks to their strong earnings bases and resilient cash flow streams, dividend-paying companies are relatively immune to the economic cycles, and boost investors’ returns through higher dividend payments, even in down years. Thus, using the TipRanks Dividend Calendar, this article focuses on five stocks with a Strong Buy analyst rating consensus and an ex-dividend date in August 20
The analysts covering New Oriental Education & Technology Group Inc. ( NYSE:EDU ) delivered a dose of negativity to...
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