Nanjing Legend Biotech received a $350 million upfront payment from Janssen Biotech, which will form a global partnership with Legend for its highly effective CAR-T candidate. In June, Legend, which was not previously well known, surprised the annual ASCO meeting with stunningly positive results from an early trial of the CAR-T molecule in patients with multiple myeloma. In addition to the $350....More>>>
Shock, horror! U.S. President Donald Trump may prioritize the European Union (EU) over Britain for a trade deal following discussions in Washington with Germany’s Chancellor Angela Merkel. Remainers in the UK weren’t surprised and reacted with heavy sarcasm. But what does it mean for UK export and investment prospects?
Alastair Campbell, journalist, broadcaster and Downing....More>>>
Many people use secured credit cards to build credit when they have a “thin” credit history file, or when they’re rebuilding their credit scores after a bankruptcy. But how effective are secured credit cards at building credit, and how much can your score increase when managing credit well?
Motley Fool analysts Michael Douglass and Nathan Hamilton answer a user-submitted....More>>>
TOKYO–Japan’s consumer prices rose for the first time in more than a year in January as rising global oil prices gave Prime Minister Shinzo Abe and the Bank of Japan a helping hand in their campaign to overcome deflation.
The fractional increase in prices still leaves the central bank far from its 2% price goal, but it may fuel speculation over when the bank might consider raising....More>>>
These five stocks had the most social chatter and the lowest investor confidence this week, according to Stockal. Stockal tracks analyst ratings, news, and social sentiment to paint a picture a stock's overall sentiment.
1. GoPro Inc (NASDAQ: GPRO)
Stockal's confidence meter, which measures the Street's near-term confidence in the stock, stands at 56% for GoPro.....More>>>
On June 21, 2017, an Ethereum “flash crash” sent cryptocurrency owners into a full-fledged panic. The Ethereum price crashed to a low of $0.10 from $319 on the GDAX cryptocurrency exchange. Shortly after the event, GDAX Vice President Adam White wrote in a June 21 blog post that there were no indications of wrongdoing.
The temporary crash, which reportedly took place in a....More>>>
When it comes to their retirement plans, what investors don’t know definitely can hurt thema lot.
That’s why the U.S. Department of Labor thought it was necessary to step in recently with new rules that will require all financial professionals to adhere to the fiduciary standard when they’re doling out recommendations to their clients about how to handle their qualified....More>>>
Alteryx (Pending:AYX) filed an S-1/A with the Securities and Exchange Commission for its upcoming initial public offering. The company intends to offer 9 million shares at a marketed price range of $12 to $14. Alteryx has an additional 1.35 million shares as an overallotment option for its underwriters. The underwriters for the IPO include Goldman, Sachs & Co. (NYSE:GS), JPMorgan (NYSE:JPM),....More>>>
Toward the end of trading Friday, the Dow traded down 0.20 percent to 20,938.43 while the NASDAQ declined 0.07 percent to 6,044.95. The S&P also fell, dropping 0.21 percent to 2,383.87.
Leading and Lagging Sectors
Friday afternoon, the non-cyclical consumer goods & services sector proved to be a source of strength for the market. Leading the sector was strength from....More>>>
DOL Wins Fiduciary Rule Case in Texas
DOL Will Need Time to Deliver on Trumps Order
DOJ Tells Texas Judge to Postpone Ruling on Fiduciary Rule
No matter what happens to the Labor Department’s fiduciary rule, RIAs have the opportunity to expand into 401(k) market, primarily for small businesses.
(Related: What’s Next for DOL Fiduciary Rule)