Wednesday was a rough day for tech: One of the nation’s biggest airlines, its oldest stock exchange and its most prominent business newspaper all suffered technology problems that upended service.After the New York Stock Exchange halted trading, the seriousness of the disruptions led President Barack Obama into a briefing session with his homeland security adviser, Lisa Monaco, and Chief of […]
Wednesday was a rough day for tech: One of the nation’s biggest airlines, its oldest stock exchange and its most prominent business newspaper all suffered technology problems that upended service.After the New York Stock Exchange halted trading, the seriousness of the disruptions led President Barack Obama into a briefing session with his homeland security adviser, Lisa Monaco, and Chief of […]
Stock information listed on a mobile phone in Shenyang, north-east China. Photograph: Yang Qing/Xinhua Press/Corbis
What is happening in China?Stock markets in China are tumbling. A three-week plunge has knocked about 30% off Chinese shares since mid-June. China’s securities regulator has warned of “panic sentiment” gripping investors, many of whom are individuals that have borrowed heavily to play the stock market.Hundreds […]
Of course, all eyes have been on Greece in an ongoing saga that, although critical to the Greeks, is mostly just an annoying distraction for global investors — partly because it has been going on for so many years, with the proverbial can of inevitability continually being kicked down the road, and partly because there can be no winners in […]
The 4 Stocks That Weighed on the Market MondayBy Paul Ausick July 6, 2015 4:01 pm EDTPrintEmail July 6, 2015: Markets opened lower on Monday following the Greek vote on Sunday to tell the the troika not only “no,” but “hell, no.” European equities markets closed lower and only the Shanghai exchange closed higher in Asia. U.S. stocks briefly traded […]
One of the most popular and well-known names in the biotech world is definitely Biogen (BIIB-Analyst Report). This large cap stock has been a staple of investor portfolios in the biotechnology space for some time, while it is also one of the behemoths of the sector, closing in on $100 billion in market cap.BIIB might be due for a breather […]
WASHINGTON: Buy Japan. Buy Vietnam. Buy US media stocks. Buy Mexican food stocks. Sell China.For investors wanting to take advantage of the Pacific Rim free trade pact that appears to be nearing completion, that’s what a savvy stock strategy might look like.The 12 nations of the Trans-Pacific Partnership (TPP) could wrap up an agreement in coming weeks, after the pact […]
BEIJING (AP) — More than two dozen companies in China are postponing initial public offerings and security companies are pledging more than $19 billion for a fund to stabilize the country’s free-falling stock market.The 28 companies, which had obtained permission from China’s securities watchdog for IPOs planned in Shanghai and Shenzhen, said they would postpone them due to recent market […]
Advaxis, Inc. (NASDAQ:ADXS) is a biotechnology company which focuses on developing drug technology for treating Cancer. Alongside many other biotech stocks, Advaxis, Inc. (NASDAQ:ADXS)’s shares surged by 108% so far in 2015. However, in the last 30 days, the stock is down by 25%. Today, Advaxis is down by around 10%, after jumping by 17% on Tuesday. There have been […]
The Celgene Corporation (CELG – Analyst Report) – Juno Therapeutics’ (JUNO – Analyst Report) immunotherapy deal worth at least a billion dollars was the main story in the biotech sector this week. While concerns are being raised about the high price tag, the deal just goes to show the growing interest in the field of immunotherapy. Meanwhile, quite a few […]
