Federal health regulators have ruled out a leading Covid-19 vaccine candidate from AstraZeneca AZN in the U.S. Allowed the study to resume. 0.08% According to a person familiar with the matter and content reviewed by Wall Street Journal, PLC and Oxford University. U.S. The Food and Drug Administration wrapped up …
Read More »Tech giants risk a 2001-style valuation collapse, says colored sockgen strategist
Albert Edwards, a London-based provocative strategist for the French bank society Génrale, has been predicting for decades that the US and Western Europe will follow Japan into an era of deflation and ultrallo bond yields, which he calls the “Ice Age”. Even though some of his warnings about the stock …
Read More »After the President’s discussion, the U.S. As futures rise, automakers and banks push European stocks higher
Good results from banks and om tomobile manufacturers on Friday are helping European stocks gain, while flash purchase managers index data reveals ongoing coronavirus epidemic struggles for the sector. U.S. Stock futures were moderately high. Stoxx Europe 600 Index SXXXP, + 0.84% According to Factset, the index has risen 0.6% …
Read More »Walmart files pre-emotional lawsuit against federal government in opioid case
Walmart Inc. WMT -0.59% The Department of Justice sued the federal government in an attempt to strike a pre-emptive blow against what it said was an opioid-related civil lawsuit. The retail company said in a lawsuit filed Thursday that the Department of Justice and the Drug Enforcement Administration are seeking …
Read More »AT&T’s earnings were good for ending the 10-day losing streak. Here’s why.
AT&T The 10-day losing streak ends on Thursday morning after better-than-expected earnings were reported. Investors sold AT&T stocks ahead of its third-quarter results, with the 10-day loss streak losing more than 7% in the report. It moved the stock closer to its lowest in almost a decade. The results on …
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