Trading Ideas
Trending ticker: Gilead Sciences up on potential coronavirus drug
Yahoo Finance’s Brian Sozzi and Alexis Christoforous break down the market action for Gilead. …read more […]
Month: February 2020
Business News
U.S. Supreme Court turns away religious bias claim against Walgreens
The U.S. Supreme Court on Monday handed a victory to Walgreens, turning away an appeal by a fired former Florida employee of the pharmacy chain who asked not to work on Saturdays for religious reasons as a member of the Seventh-day Adventist Church.
Trading Ideas
U.S. Supreme Court turns away religious bias claim against Walgreens
The U.S. Supreme Court on Monday handed a victory to Walgreens, turning away an appeal by a fired former Florida employee of the pharmacy chain who asked not to work on Saturdays for religious reasons as a member of the Seventh-day Adventist Church. The justices declined to review a lower court ruling in Darrell Patterson’s religious discrimination lawsuit that concluded that his demand to never work on Saturday, observed as the Sabbath by Seventh-day Adventists, placed an undue hardship on Walgreens. Patterson, who had trained customer service representatives at a Walgreens call center in Orlando, was fired in …read more […]
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Trading Ideas
U.S. Supreme Court rejects Apple appeal in patent fight with VirnetX
The U.S. Supreme Court on Monday refused to hear Apple Inc’s bid to avoid paying about $440 million in damages for using patent licensing firm VirnetX Inc’s internet security technology without permission in features such as FaceTime video calling. The justices rejected Apple’s appeal in the long-running case in which a federal jury in 2016 found that Apple had infringed VirnetX’s patents and awarded $302 million. The case dates back to 2010 when Nevada-based VirnetX filed suit in federal court in the Eastern District of Texas accusing Cupertino, California-based Apple of infringing four patents for secure networks, known …read more […]
Business News
U.S. Supreme Court rejects Apple appeal in patent fight with VirnetX
The U.S. Supreme Court on Monday refused to hear Apple Inc’s bid to avoid paying about $440 million in damages for using patent licensing firm VirnetX Inc’s internet security technology without permission in features such as FaceTime video calling.
Business News
Warren Buffett calls coronavirus outbreak ‘scary stuff,’ but says he won’t be selling stocks
Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc , on Monday called the coronavirus outbreak “scary stuff” but said that it was no time to sell stocks despite the threat of a pandemic.
Trading Ideas
Based On Its ROE, Is Catalyst Pharmaceuticals, Inc. (NASDAQ:CPRX) A High Quality Stock?
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like… …read more […]
Business News
Dow plunges more than 800 points as pandemic fears rise
The Dow Jones Industrials fell more than 800 points within minutes of the market open on Monday as investors scurried to safer assets after a surge in coronavirus cases outside China stoked fears of a bigger impact to global growth.
Business News
Factbox: Charting the impact of the new coronavirus
The following charts aim to capture the scale and trajectory of stock market moves in response to the new coronavirus outbreak, the growing number of cases beyond China, the reaction of China’s central bank and the impact on safe haven investments.
Trading Ideas
Bernie Sanders takes the lead at the Nevada caucus
Yahoo Finance’s Jess Smith joins Alexis Christoforous and Brian Sozzi to break down the results of the Nevada Caucus on The First Trade. …read more […]
Trading Ideas
Trending ticker: Chip stocks sell-off
Yahoo Finance’s Brian Sozzi and Alexis Christoforous break down the market action for AMD, Nvidia, Broadcom, and Qualcomm. …read more […]
Business News
Dow set for 800-point fall at open as pandemic fears grip Wall Street
The Dow Jones Industrials index was set to shed nearly 800 points at the open on Monday as investors scurried to safer assets after a surge in coronavirus cases outside China stoked fears of a bigger impact to global growth.
Trading Ideas
Stocks plunge on coronavirus fears
Invesco Global Market Strategist Brian Levitt joins Yahoo Finance’s Editor in Chief Andy Serwer, Alexis Christoforous, Brian Sozzi and Anjalee Khemlani to discuss how the coronavirus is affecting the markets on The First Trade. …read more […]
Business News
Rate futures surge as coronavirus seen pushing Fed to ease
U.S. interest rates futures surged to their highest levels since last fall as a global sell-off in stocks and panicked buying of government bonds fueled growing expectations that the Federal Reserve will soon be forced to respond with interest rate cuts.