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Goldman Sachs Predicts Over 40% Rally for These 3 Stocks

A new wave of optimism is splashing onto the Street. Investment firm Goldman Sachs just gave its three-month stock forecast a boost, lifting it from Neutral to Overweight, with it also projecting “high single-digital returns” for global stocks over the next year.What’s behind this updated approach? Goldman Sachs strategist Christian Mueller-Glissmann cites the impressive rebound in global earnings growth and reduced equity costs as the drivers of the estimate revision. On top of this, a “broader procyclical shift” in stocks and other assets could take place during the remainder of this year.“We have shifted more cyclical on sectors and themes …read more […]

Newsmakers

NexTech (OTC: NEXCF) Launching New AR for eCommerce Hologram Marketing Platform and New Human Supplement Product Line ‘TruLyfe’

VANCOUVER, British Columbia, Sept. 30, 2020  — NexTech AR Solutions (NexTech) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), an emerging leader in augmented reality for eCommerce, AR learning applications, and AR-enhanced video conferencing and virtual events is pleased […]

Newsmakers

ImagineAR (OTC: IPNFF) Signs Two-Year Agreement with Valencia C.F. Of LaLiga To Provide Interactive Augmented Reality Experiences for Almost 7 Million Fans Around The World

Valencia C.F. Become First LaLiga Team to Leverage Augmented Reality for Fan Activation & Engagement VANCOUVER, BC and ERIE, Pa., Sept. 30, 2020  – Imagine AR Inc. (CSE: IP) (OTCQB: IPNFF) (“ImagineAR” or “Company”) an Augmented Reality Company that […]

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U.S. court voids $448 million award against AbbVie, AndroGel partner

Ruling in a case brought by the Federal Trade Commission, the 3rd U.S. Circuit Court of Appeals in Philadelphia said the lower court judge who ordered the disgorgement by AbbVie and Besins Healthcare Inc lacked authority under applicable federal law. The appeals court also upheld an order finding AbbVie and Besins liable for monopolization, based upon its holding that they had filed a sham patent infringement lawsuit against Perrigo Co to delay the launch of generic AndroGel. …read more […]

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Medtronic to Acquire Avenu Medical

Avenu’s Percutaneous Fistula Creation Technology Will Strengthen the Medtronic Peripheral Vascular Access Portfolio and Reinforce Medtronic’s Commitment to Improving Outcomes for Patients with End-Stage Renal DiseaseDUBLIN, Sept. 30, 2020 /CNW/ — Medtronic plc (NYSE:MDT), the global leader in medical technology, today announced the planned acquisition of Avenu Medical, a privately held medical device company based in San Juan Capistrano, Calif. …read more […]

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Tesla to roll out China-made Model 3 cars with cobalt-free LFP batteries: sources

U.S. electric vehicle maker Tesla Inc is poised to start selling some Model 3 vehicles made in China equipped with cobalt-free lithium iron phosphate (LFP) batteries, two people familiar with the matter said. Tesla will announce the product change as early as Thursday, the two sources said. Tesla was not immediately available for comment. …read more […]