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Pfizer's (PFE) Biosimilar of Avastin Gets Positive CHMP Nod

Pfizer's (PFE) Biosimilar of Avastin Gets Positive CHMP NodPfizer (PFE) gets positive CHMP opinion for Zirabev (bevacizumab), a potential biosimilar to Roche's Avastin (bevacizumab).


  • December 17th 2018 at 22:56

There Are Signs Africa’s Market Rout Is Not Over Yet

There Are Signs Africa’s Market Rout Is Not Over YetThe continent’s stocks and bonds have performed worse than those of all other emerging-market regions in 2018, reversing their outperformance of last year. The selloff has left equities in nations such as South Africa, Egypt, Nigeria and Kenya at or near their cheapest levels in years. Risks abound from tense elections in the two biggest economies -- Nigeria and South Africa -- to low oil prices, potential credit-rating downgrades and the prospect of sovereign defaults.


  • December 17th 2018 at 23:00

Modi's Cashflow Woes Just Got More Bearable

Modi's Cashflow Woes Just Got More BearableIndia’s spending is exceeding its revenue, leaving the government looking for funds to help an ailing banking sector -- key to boosting loans and investment and creating jobs. Finance ministry officials estimate the Reserve Bank of India has at least 3.6 trillion rupees ($50 billion) more capital than it needs, which they say can be used to help bolster the banks. “It will be difficult for the government to meet its targets absent substantial new revenue from asset sales or as a transfer from the RBI,” said Sasha Riser-Kositsky, an analyst with Eurasia Group.


  • December 17th 2018 at 23:00

Indians Are BuyingΒ Gold for as Little as One Cent

Indians Are Buying Gold for as Little as One Cent“A lot of people have been buying at one rupee,” according to Gaurav Mathur, managing director of digital platform SafeGold, which has partnered with payments apps such as Flipkart Online Services Pvt.’s PhonePe to sell gold starting at that price. Since its launch last year, about 3 million people have already transacted on the platform and the company, which counts the World Gold Council as one of its investors, is targeting to raise this to 15 million by next year, he said.


  • December 18th 2018 at 13:09

What Happened in the Stock Market Today

What Happened in the Stock Market TodayOn a negative day for the markets, see why Best Buy fell and Jack in the Box jumped.


  • December 17th 2018 at 23:02

The 1 Buffett Stock I'd Buy Right Now

The 1 Buffett Stock I'd Buy Right NowSeveral of Berkshire Hathaway's biggest holdings are on sale, but one company is particularly compelling.


  • December 17th 2018 at 23:02

Why Tesla Stock Fell on Monday

Why Tesla Stock Fell on MondayShares fell as much as 6%.


  • December 17th 2018 at 23:08

Better Buy: Baker Hughes, a GE Company vs. Schlumberger Limited

Better Buy: Baker Hughes, a GE Company vs. Schlumberger LimitedWeighing the pros and cons of these two oilfield service giants.


  • December 17th 2018 at 23:12

Ken Block Is Having a Good Time

Ken Block Is Having a Good TimeGymkhana 10 came out today, and the ultimate car driving man, Ken Block, drove many cars in many places. As you can see, he is loving it. This is his happy face.


  • December 17th 2018 at 23:16

Raytheon Wins $149M Navy Deal for Developing SM-2 Block IIIC

Raytheon Wins $149M Navy Deal for Developing SM-2 Block IIICRaytheon's (RTN) Standard Missile-2 Block IIIC is the newest missile variant that features an active radar seeker.


  • December 17th 2018 at 23:17

Billionaire Steve Cohen Bought These 4 Stocks in Q3, Predicts Bear Market by 2020

Billionaire Steve Cohen Bought These 4 Stocks in Q3, Predicts Bear Market by 2020Steve Cohen‘s Point72 Asset Management began managing outside capital in 2018 after operating for several years as a family office following Cohen’s former hedge fund SAC Capital Advisors being involved in one of the 10 Biggest Insider Trading Scandals Ever to Rock Companies. That’s great news for investors, who have reportedly poured $5 billion of […]


  • December 17th 2018 at 23:21

Investors Have Lost Confidence in the Health of the Global Economy. Here's Why.

Investors Have Lost Confidence in the Health of the Global Economy. Here's Why.Can the stock market rebound now that it's firmly in correction territory?


  • December 17th 2018 at 23:25

Oracle (ORCL) Beats Q2 Earnings and Revenue Estimates

Oracle (ORCL) Beats Q2 Earnings and Revenue EstimatesOracle (ORCL) delivered earnings and revenue surprises of 2.56% and 0.34%, respectively, for the quarter ended November 2018. Do the numbers hold clues to what lies ahead for the stock?


  • December 17th 2018 at 23:25

Buy Semiconductors on the Dip? 3 Stocks to Consider Now

Buy Semiconductors on the Dip? 3 Stocks to Consider NowSemiconductor stocks have been battered by recent market-wide volatility and concerns that the industry's strong cycle is nearing its end. Check out these Zacks buy-ranked semiconductor stocks right now!


  • December 17th 2018 at 23:26

Roche's SMA Candidate Risdiplam Gets PRIME Designation in EU

Roche's SMA Candidate Risdiplam Gets PRIME Designation in EURoche's (RHHBY) investigational oral medicine risdiplam gets PRIME designation for the treatment of SMA.


  • December 17th 2018 at 23:29

CBS to Terminate Moonves for Cause, Won't Pay $120m Severance

CBS to Terminate Moonves for Cause, Won't Pay $120m Severance(Bloomberg) -- CBS said in a statement that it completed its investigation of former chairman and CEO Leslie Moonves, and found that there were grounds to terminate him for cause.Co. ...


  • December 17th 2018 at 23:31

Why Amazon Stock Took a Hit Monday

Why Amazon Stock Took a Hit MondayShares fell as much as 5.5%.


  • December 17th 2018 at 23:33

GOP power play in Michigan must go through pragmatic Snyder

GOP power play in Michigan must go through pragmatic SnyderLANSING, Mich. (AP) — Michigan Republicans determined to dilute the authority of newly elected Democrats could see the power play thwarted by a moderate GOP governor, who is not certain to go along with the Legislature like Wisconsin's more partisan Gov. Scott Walker.


  • December 17th 2018 at 23:35
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