Text size Cindy Ord / Getty Images Citigroup reported better-than-expected results for the second quarter, but the news failed to raise the stock. Earnings for Citigroup (ticker: C) totaled $ 1.3 billion, or 50 cents a share, better than the 35 cents stock analysts expected, but 73% below earnings of …
Read More »Moderna Shares Increase 17% in News About Coronavirus Vaccine Trials
Posted: Jul 14, 2020 at 6:23 pm ET Moderna headquarters in Cambridge, Massachusetts. fake pictures Moderna Inc.’s shares soared in the extended session Tuesday after the biotech company said its coronavirus vaccine candidate produced a “robust” immune system response in a larger group of people and the study will go …
Read More »WHO warns that the coronavirus crisis may worsen ‘worse and worse and worse’
GENEVA / ZURICH (Reuters) – The new worldwide coronavirus pandemic will worsen if countries fail to comply with strict health precautions, the World Health Organization (WHO) warned Monday. A community health officer helps sanitation workers don personal protective equipment (PPE) at the Fourah Bay College Coronavirus Treatment Center in Freetown, …
Read More »NASA chief says Russia is “solid” as Moscow space chief rejects US-led lunar program
FILE PHOTO: NASA Administrator Jim Bridenstine speaks to the media during a pre-launch briefing before the SpaceX Crew Dragon spacecraft launches on a Falcon 9 booster rocket from Pad39A at the Kennedy Space Center in Cape Canaveral, Florida, USA, May 29, 2020. REUTERS / Steve Nesius WASHINGTON (Reuters) – NASA …
Read More »Major banks are hauling ‘big fees’ on debt and equity underwriting during the coronavirus crisis
Cash could be king during a crisis. But for the major investment banks that help the Federal Reserve do “whatever it takes” to maintain the flow of credit during the pandemic, the ace in the hole has been capital market commissions. Drink JPMorgan, Chase & Co. JPM, + 0.57%, which …
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