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Investors Who Bought Gencor Industries (NASDAQ:GENC) Shares Five Years Ago Are Now Up 81%, , on October 27, 2020 at 12:26 pm
When we invest, we're generally looking for stocks that outperform the market average. Buying under-rated businesses..., When we invest, we're generally looking for stocks that outperform the market average. Buying under-rated businesses...,
Pfizer not yet ready to release COVID-19 vaccine data, , on October 27, 2020 at 11:53 am
Pfizer said in a presentation that the independent monitor which will determine whether or not the trial has been successful has not conducted any interim efficacy analyses yet. Chief Executive Albert Bourla has previously said the company could release data on...
5 Stocks That Could Have Great Near-Term Growth Potential (1 Has Gained 127% Since June 30), , on October 27, 2020 at 11:49 am
Cristan Blackman’s Empirical Capital Partners is a Tennessee-based hedge fund founded in 2000 that takes a small number of concentrated positions in high-quality companies, with the fund investing the bulk of its assets in those companies which it sees as having the...
Oncolytics Biotech® Collaborates with Roche and AIO to Initiate a Phase 1/2 Gastrointestinal Cancer Trial Combining Pelareorep with Roche’s Anti-PD-L1 Checkpoint Inhibitor, , on October 27, 2020 at 11:28 am
Multi-center trial to assess the safety and efficacy of pelareorep-atezolizumab combination therapies across multiple GI cancer indicationsTreatment aimed at 4.8M global GI cancer cases annually1 and the approximately 80% of GI cancer patients who do not respond to...
Santander Rebounds From Giant Loss With Profit, Capital Lift, , on October 27, 2020 at 11:13 am
(Bloomberg) -- Banco Santander SA rebounded from its worst-ever quarter with a profit that beat estimates and improved capital as it seeks to convince regulators that its balance sheet is strong enough to resume dividend payments.Net income totaled 1.75 billion euros...
Merck raises annual profit outlook as Keytruda drives profit beat, , on October 27, 2020 at 10:57 am
Merck said it now expects full-year adjusted profit of between $5.91 and $6.01 per share, compared with its prior forecast of between $5.63 to $5.78 per share. For 2020, Merck now expects an unfavorable impact to revenue of about $2.35 billion due to the pandemic, up...
Pfizer not yet ready to release COVID-19 vaccine data, , on October 27, 2020 at 10:51 am
Pfizer's CEO Albert Bourla has said the company could release data on whether or not the vaccine works as early as this month, but the company said in a presentation that the independent data monitoring board which will determine whether or not the trial has been...
AMD Agrees to Buy Chipmaker Xilinx in $35 Billion All-Stock Deal, , on October 27, 2020 at 10:50 am
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3M profit beats estimates on healthcare product boost, , on October 27, 2020 at 10:49 am
There has been a recovery from last quarter when the company suffered a plunge in sales, as demand for office supplies declined with more people working from home due to the pandemic. Sales in its healthcare unit, which also makes surgical supplies and dental...
Caterpillar reports 54% drop in quarterly earnings, , on October 27, 2020 at 10:44 am
Caterpillar Inc on Tuesday reported lower third-quarter earnings as equipment sales fell across all three primary segments. Caterpillar Chief Executive Jim Umpleby, however, said the company was witnessing "positive signs" in certain industries and geographies....
AMD to buy chip peer Xilinx for $35 billion in data center push, , on October 27, 2020 at 10:35 am
The deal, which AMD expects to close at the end of 2021, will create a combined company with 13,000 engineers and a completely outsourced manufacturing strategy that relies heavily on Taiwan Semiconductor Manufacturing Co Ltd (TSMC) . The two U.S. firms have benefited...
Cleveland-Cliffs Inc. (NYSE:CLF) Released Earnings Last Week And Analysts Lifted Their Price Target To US$7.85, , on October 27, 2020 at 10:30 am
Investors in Cleveland-Cliffs Inc. (NYSE:CLF) had a good week, as its shares rose 9.5% to close at US$8.52 following..., Investors in Cleveland-Cliffs Inc. (NYSE:CLF) had a good week, as its shares rose 9.5% to close at US$8.52 following...,
Chairman Plattner buys nearly $300 million in SAP stock, , on October 27, 2020 at 10:26 am
Hasso Plattner, chairman and co-founder of SAP, bought shares worth nearly $300 million in the German software company on Monday after a once-in-a-generation price slide triggered when management dumped its profit targets. The 76-year-old billionaire bought shares...
Europe Stocks Open Lower, U.S. Futures Fluctuate: Markets Wrap, , on October 27, 2020 at 8:30 am
(Bloomberg) -- European stocks opened down on Tuesday and U.S. futures fluctuated as investors weighed positive earnings reports against concerns that surging coronavirus cases will hurt the global economy.Declines in European energy and auto share offset gains in...
HSBC to accelerate restructuring plan to cut costs, , on October 27, 2020 at 8:09 am
The bank is yet to say if it will shed more jobs beyond the 35,000 it flagged earlier this year., The bank is yet to say if it will shed more jobs beyond the 35,000 it flagged earlier this year.,
BP Narrowly Avoids Third-Quarter Loss, , on October 27, 2020 at 7:48 am
(Bloomberg) -- BP Plc narrowly avoided a third-quarter loss, but warned there are many challenges ahead as the pace of recovery in oil demand remains uncertain.The company defied analyst expectations to eke out a small profit as a rebound in earnings from fuel...
U.S. Sanctions Iranian Oil Minister, , on October 27, 2020 at 6:54 am
Oct.27 -- The U.S. Treasury Department has sanctioned Iran’s Minister of Petroleum as well as some of the entities related to the country’s oil production and that comes as tensions rise between the two countries ahead of the U.S. election next week. Bloomberg’s...
Sheldon Adelson’s Last Roll of the Dice May Be His Boldest, , on October 27, 2020 at 4:45 am
(Bloomberg Opinion) -- No one ever said that the casino industry didn’t involve risky bets. Sheldon Adelson, the billionaire founder of Las Vegas Sands Corp., is considering a $6 billion sale of the Nevada casinos that made his fortune, people familiar with the matter...
Jack Ma’s Ant Plans Early Book Close for Hong Kong IPO, , on October 27, 2020 at 4:29 am
(Bloomberg) -- Jack Ma’s Ant Group Co. is planning to stop taking investor orders for the Hong Kong leg of its initial public offering a day earlier than scheduled as the record stock sale has already been heavily subscribed, according to people familiar with the...
Tesla Ends Controversial Indemnification Agreement With Elon Musk, , on October 27, 2020 at 3:55 am
Tesla Inc (NASDAQ: TSLA) has ended a controversial practice where it paid its CEO Elon Musk to provide Directors and officers (D&O) liability insurance, the electric vehicle maker revealed in a filing with the U.S. Securities and Exchange Commission.What Happened:...
Ant IPO By the Numbers: It’s Bigger Than Finland’s GDP, , on October 27, 2020 at 2:46 am
(Bloomberg) -- There’s no shortage of superlatives for Ant Group Co.’s initial public offering. Here’s a look at some of the key metrics, and why billionaire Jack Ma seems to be such a fan of the number eight.IPO: $34.5 BillionAnt’s $34.5 billion IPO blows past the...
Were These Hedge Funds Right About Warming Up to IBM?, , on October 27, 2020 at 2:45 am
Our extensive research has shown that imitating the smart money can generate significant returns for retail investors, which is why we track nearly 823 active prominent money managers and analyze their quarterly 13F filings. The stocks that are heavily bought by hedge...
Were Hedge Funds Right About Avoiding Accenture Plc (ACN)?, , on October 27, 2020 at 2:30 am
Most investors tend to think that hedge funds and other asset managers are worthless, as they cannot beat even simple index fund portfolios. In fact, most people expect hedge funds to compete with and outperform the bull market that we have witnessed in recent years....
Tencent Surges After U.S. Court Upholds Stay on WeChat Ban, , on October 27, 2020 at 2:24 am
(Bloomberg) -- The Trump administration lost a bid to enforce its prohibitions against the Chinese-owned “super app” WeChat in the U.S. after appealing a judge’s ruling that the ban probably violates the free-speech rights of its users.Upholding a trial judge, the...
Walmart CEO gives his outlook for retail, , on October 27, 2020 at 2:21 am
Walmart CEO Doug McMillon joins Yahoo Finance's All Markets Summit to discuss his outlook for retail in 2020 and beyond., Walmart CEO Doug McMillon joins Yahoo Finance's All Markets Summit to discuss his outlook for retail in 2020 and beyond.,
Delta Air Lines CEO on the health of the travel industry, , on October 27, 2020 at 2:01 am
Delta Air Lines CEO Ed Bastian joins Yahoo Finance's All Markets Summit with his take on the health of the airline industry and the future of travel., Delta Air Lines CEO Ed Bastian joins Yahoo Finance's All Markets Summit with his take on the health of the airline...
How to cope if Amy Coney Barrett helps end Obamacare, , on October 27, 2020 at 1:37 am
The new Supreme Court justice could help kill the health care law. What if you rely on it?, The new Supreme Court justice could help kill the health care law. What if you rely on it?,
Good Entry Point for Gilead Sciences (GILD)? Not Just Yet, Says Analyst, , on October 27, 2020 at 12:25 am
Gilead Sciences (GILD) notched a first last week, when its antiviral coronavirus treatment Veklury (remdesivir) received full FDA approval.The treatment had previously been granted emergency use authorization (EUA), but the complete go ahead from the regulatory body...
Apple (AAPL), Amazon (AMZN) Among Brasada Capital Management’s Biggest Quarterly Moves, , on October 27, 2020 at 12:21 am
Mark McMeans’ Brasada Capital Management is a Houston-based long/short equity hedge fund founded in 2008. The fund takes a conservative approach to its investments, including using hedging and risk management strategies to achieve its desired risk-adjusted returns....
Las Vegas Sands mulling $6 billion sale of Vegas casinos: source, , on October 27, 2020 at 12:18 am
The properties included in the potential sale are Sands Expo Convention Center, the Venetian Resort Las Vegas and the Palazzo, the source added, asking not to be identified. Bloomberg reported earlier that Las Vegas Sands is working with an adviser to solicit interest...
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