Valeant Pharmaceuticals (NYSE:VRX) shares are on a tear, and the company’s first-quarter financial results show that management is making headway in paying down debt. However, the business itself continues to sputter, and ultimately this rally could be short-lived if sales can’t find their footing.
The good news
Valeanthas been struggling to offset declining sales following....More>>>
The market has seen a strong December thus far, but few stocks can hold a candle to Nokia (NYSE:NOK). Nokia is up over 13% thus far in December, and up more than 20% off its November lows. For Nokia investors, this year-end rally has been a welcome surprise after an abysmal year. While the S&P-500 (NYSEARCA:SPY) is up 10% for the year, Nokia is down over 30%. Unfortunately for Nokia bears, ugly....More>>>
A new and highly anticipated study byCelgene Corp. (NASDAQ:CELG) shows that its promising multiple sclerosis drug could soon reshape the $19 billion multiple sclerosis market. On Friday, management reported that ozanimod met its primary endpoint for reducing MS relapses better than Biogen Inc.’s (NASDAQ:BIIB) Avonex, and importantly, it did so without any new safety risks.
ContraVir Pharmaceuticals Inc. (NASDAQ: CTRV) is watching its shares climb on Thursday after the company reported positive interim data from its ongoing Hepatitis B (HBV) mid-stage trial. Specifically, the company announced data for CMX157, its highly potent prodrug of tenofovir.
Overall the study is the first evaluation of CMX157 in HBV patients, and directly compares CMX157 to tenofovir....More>>>
Here’s an important question for investors who are bullish on electric vehicles: What’s the one material Tesla Motors Inc (NASDAQ:TSLA) desperately needs more of if it’s going to adhesive its mission of mainstreaming electric vehicles? If you said lithium — the salt used to make its big, powerful batteries — you were right….. about a year and a half ago. The supply/demand....More>>>
Singapore's largest property developer, CapitaLand (OTCPK:CLLDY) (CATL.SI) had a pretty good 2017. Helped by improving conditions in Singapore and China, not to mention significant project openings, CapitaLand's local shares climbed 20% and the ADRs did even better.
A power outage hit the CES consumer electronics show in Las Vegas, dimming the lights in one of the main convention halls hosting demonstrations from the likes of LG Electronics Inc. and Samsung Electronics Co.
“There is an isolated power outage at the Las Vegas Convention Center. W
In Lahore and Karachi, American flags were burned in front of TV cameras after President Trump’s decision on Jan. 4 to withhold $2 billion of security aid from Pakistan to punish it for allegedly harboring terrorists. The country’s government issued angry statements claiming no ins