Market Movers »

US Indices Bounce Back Mid-Morning After Weak Open as VIX Stays Calm

October 27, 2014 – 8:38 am | Comments Off
By 11am NY time, all three major indices, DJIA, S&P 500 and Nasdaq, had recovered early losses stimulated by further drops in oil prices as forecasts for WTI and Brent re-adjust downwards. WTI flirted with $79 but currently has recovered to the key level of $80 per barrel. However as positive news filtered in from ECB, confirming 1.7bn Euros of asset-backed bonds were purchased last week, indices Read more [...]

GBP/USD re-approaches 1.6000 as BOE minutes show interest rate rises remain distant

October 22, 2014 – 4:28 am | Comments Off

Bank of England minutes released this morning revealed the continuing dovish policy being adopted by central banks, which has done so much to bolster confidence across the stock markets, and has encouraged sterling to resume its downward trend versus the dollar.

A generally bleak picture was painted across both the UK and  international markets, with few if any signs of inflationary pressures domestically. Read more [...]

Information Providers Most Active Stocks: Facebook Inc (NASDAQ:FB), Yahoo! Inc. (NASDAQ:YHOO), Twitter Inc (NYSE:TWTR), Groupon, Inc. (NASDAQ:GRPN)

October 21, 2014 – 7:42 am | Comments Off

Facebook Inc (NASDAQ:FB) is suing several law firms that represented a man who claimed he owned half of the social network and was entitled to billions of dollars from the company and its CEO Mark Zuckerberg. Facebook Inc (NASDAQ:FB)’s stock on 20 October traded at beginning with a price of $75.60 and when day-trade ended the stock finally moved up 1.32% to end at $76.95. Facebook Inc (NASDAQ:FB)’s Read more [...]

Hot Biotech Movers: Gilead Sciences Inc. (NASDAQ:GILD), Ariad Pharmaceuticals Inc. (NASDAQ:ARIA), Celgene Corporation (NASDAQ:CELG), MannKind Corp. (NASDAQ:MNKD), Amgen Inc. (NASDAQ:AMGN)

October 21, 2014 – 7:42 am | Comments Off

Gilead Sciences Inc. (NASDAQ:GILD) on Oct. 10 announced that the U.S. Food and Drug Administration (FDA) has approved Harvoni® (ledipasvir 90 mg/sofosbuvir 400 mg), the first once-daily single tablet regimen for the treatment of chronic hepatitis C genotype 1 infection in adults. Harvoni combines the NS5A inhibitor ledipasvir with the nucleotide analog polymerase inhibitor sofosbuvir, approved under Read more [...]

Hot Biotech Gainers: NewLink Genetics Corporation (NASDAQ:NLNK), NPS Pharmaceuticals, Inc. (NASDAQ:NPSP), ImmunoGen, Inc. (NASDAQ:IMGN), Cerus Corporation (NASDAQ:CERS), Amicus Therapeutics, Inc. (NASDAQ:FOLD)

October 21, 2014 – 7:42 am | Comments Off

NewLink Genetics Corporation (NASDAQ:NLNK) announced that it made a deal with Roche Holding AG in developing NewLink’s cancer immunotherapy dug receiving up to $1 billion in milestone payment. NewLink is the same company that has developed the Ebola vaccine that will be soon tested in Geneva. NewLink Genetics Corporation (NASDAQ:NLNK)’s stock on 20 October traded at beginning with a price of $35.73 Read more [...]

Biotech Losers in Focus: Neuralstem, Inc. (NYSEMKT:CUR), Tekmira Pharmaceuticals Corp. (NASDAQ:TKMR), Chimerix, Inc. (NASDAQ:CMRX), Protalix BioTherapeutics, Inc. (NYSEMKT:PLX), MediciNova Inc. (NASDAQ:MNOV)

October 21, 2014 – 7:41 am | Comments Off

Neuralstem, Inc. (NYSEMKT:CUR) on Oct. 9 announced that the first patient was treated last week in the Phase I trial testing NSI-566 human neural stem cells in the treatment of chronic spinal cord injury (cSCI) at the UC San Diego School of Medicine. The patient has been discharged from the hospital. The NSI-566/cSCI Phase I trial will treat four patients who have thoracic spinal cord injuries (T2-T12) Read more [...]

Stocks Gaining Momentum: SunEdison, Inc. (NYSE:SUNE), ReneSola Ltd. (NYSE:SOL), SunPower Corporation (NASDAQ:SPWR), SolarCity Corporation (NASDAQ:SCTY), Yingli Green Energy Holding Co. Ltd. (NYSE:YGE)

October 21, 2014 – 7:41 am | Comments Off

SunEdison, Inc., (NYSE:SUNE) a leading solar developer and technology provider, announced a joint venture agreement with JIC Capital, to facilitate nonrecourse financing and develop, construct and own up to 1 GW of utility-scale solar photovoltaic (PV) projects in China over the next 3 years. SunEdison, Inc. (NYSE:SUNE)’s stock on 20 October traded at beginning with a price of $16.58 and when day-trade Read more [...]