Text size Bristol-Myers Squibb is telling analysts this week that its portfolio of developing drugs could generate more sales than anyone expected. In a series of online meetings that started Monday, the drug maker raised its forecast for annual sales it could get from advanced-stage candidates from $ 15 billion …
Read More »Dow is in retreat as Coronavirus Plus trades spell issues for stocks
Text size Pound for pound, there are many more tons of viral and bacterial life on earth than humans. So in a sense, it’s the coronavirus world. We are just living in it. And while investors are content to ignore that some days, on others it is more difficult to …
Read More »Another electric van is coming. This is what you need to know.
Text size Private company Lordstown Motors has entered the fray, unveiling its all-electric pickup, Endurance. Servpro, a fire and water damage restoration company, has promised to order 1,200 trucks. Courtesy photography The fully electric truck space is getting crowded. More market participants compete for a share of this lucrative segment …
Read More »Dell shares soar as it reports it’s weighing up the VMware Stake spin-off
Text size Justin Sullivan / Getty Images Shares of Dell Technologies soared in recent operations after The Wall Street Journal reported that the company hired advisers to consider options for the company’s 81% stake in business software company VMware.. A transaction would be intended to address the valuation disparity between …
Read More »Crude Oil Futures Trading Exceeds Major $ 40 Per Barrel Level
Text size Joe Raedle / Getty Images Crude oil futures are making new gains above $ 40 a barrel, a notable change for a product that briefly traded below $ 0 in April. On Tuesday, futures for Brent crude, the global benchmark, rose 1.2% to $ 43.58 a barrel. West …
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