Business News
White House’s Kudlow says U.S.-China trade talks making headway
White House economic adviser Larry Kudlow said on Friday the United States and China are making progress in trade talks.
Month: March 2019
Business News
Lyft shares soar on Nasdaq debut, setting stage for Uber
Lyft Inc’s shares opened up more than 20 percent in their market debut on Friday, giving the ride hailing startup a market value of more than $27 billion, amid strong investor demand that bodes well for larger rival Uber Technologies Inc.
Business News
Stocks fueled by trade hopes, Brexit setback hits pound, German yields
Stock markets around the world moved higher on Friday following signs of progress in U.S.-China trade talks, while the British pound and German bond yields fell after lawmakers rejected Prime Minister Theresa May’s Brexit agreement for the third time.
Newsmakers
CytoDyn’s (OTC: CYDY) Monotherapy Trial with Leronlimab (PRO 140) Exceeds Expectations
New data suggests that 525 mg dose and 700 mg dose responders’ rates are approximately 90% for those HIV patients who pass first 10 weeks of monotherapy without virologic failure CytoDyn has engaged top CCR5 […]
Newsmakers
Medicine Man Technologies, Inc. (OTC: MDCL) to Present and Serve on Cannabis Panel at 2019 Spring Investor Summit
DENVER, March 29, 2019 – Medicine Man Technologies, Inc. (otcqx:MDCL) (“Medicine Man Technologies” or “Company”), a rapidly growing, vertically integrated cannabis operator, today announced that the Company will present at the Spring Investor Summit being held […]
Business News
Anti-stall system active before Ethiopian 737 MAX crash: sources
An anti-stall system at the center of a probe into the crash of a Boeing 737 MAX jetliner in Indonesia five months ago was also at play when an identical aircraft crashed in Ethiopia earlier this month, three people briefed on the matter said.
Business News
Trade hopes spark Wall Street rally; S&P set for best quarter since 2009
Wall Street’s main indexes rose on Friday, putting them on track to end the final trading day of the first quarter on a strong note, boosted by optimism over trade talks between the United States and China.
CEO Interview
Plus Products, Inc. (OTC: PLPRF) (CSE: PLUS) Cannabis edibles revenues +684%
[restrict paid=”true”] Plus Products, Inc. (OTC: PLPRF) (CSE: PLUS) Interview with CEO Jake Heimark, discussing the company’s branded cannabis edibles, which are driving revenue growth that increased […]
Business News
Recharged bulls give stocks, commodities flying start to year
What goes down must come up! Three months after one of the worst years on record, investors have seen world stocks and key commodity markets roar back with their best first quarter since 2012.
Business News
Starboard abandons campaign to scuttle Bristol-Myers-Celgene deal
Activist hedge fund Starboard Value LP on Friday abandoned a campaign to convince Bristol-Myers Squibb Co shareholders to vote down the drugmaker’s proposed $74 billion takeover of biotech Celgene Corp after the two leading proxy advisory firms backed the deal.
Business News
U.S. consumer spending soft, inflation benign as economy slows
U.S. consumer spending barely rose in January and income increased modestly in February, suggesting the economy was fast losing momentum after growth slowed in the fourth quarter.
Business News
U.S. new home sales rise to 11-month high in February
Sales of new U.S. single-family homes increased to an 11-month high in February and sales for January were revised higher, suggesting that lower mortgage rates were starting to lift the struggling housing market.
Business News
Starboard no longer urging investors to vote against Bristol-Celgene deal
Activist hedge fund Starboard Value LP said on Friday it will no longer urge shareholders to oppose Bristol-Myers Squibb Co’s plans to buy Celgene Corp, even though it thinks the deal is too risky and will vote its own shares against it.
Business News
Outsider CEO won’t be an instant fix for Wells Fargo: analysts
Wells Fargo & Co’s plans to bring in an outsider as its next chief executive could give the scandal-plagued bank a much needed fresh start, but a turnaround will not be easy for whoever takes the helm, analysts said.
Business News
TUI sticks with Boeing 737 MAX orders despite profit hit
TUI remains committed to its Boeing 737 MAX orders despite two fatal crashes that have led to the grounding of the plane worldwide and caused the Anglo-German tour operator to issue a profit warning on Friday.