Shares of Inovio Pharmaceuticals Inc. rebounded to a 20-year high in high volumes on Friday, erasing a previous sharp loss, after a longtime bull downgraded the Pennsylvania-based biotech company, and later that the company disclosed some terms of the funding agreement with the US Department of Defense announced earlier this …
Read More »Coronavirus pandemic: emerging post-Covid-19 diseases in children – health
In recent weeks, a multisystemic hyperinflammatory condition has emerged in children in association with previous exposure or infection to SARS-CoV-2. A new case series published in the journal Radiology examines the spectrum of imaging findings in children with the post-COVID-19 inflammatory condition known in the US as Multisystemic Inflammatory Syndrome …
Read More »Trump administration calls on Supreme Court to remove Obamacare | United States News
The Trump administration has asked the United States Supreme Court to overturn the Obamacare law that added millions to the health safety net, but has been at the center of the political controversy. Government advocate Noel Francisco argued in a presentation Thursday night that the Affordable Care Act (ACA), one …
Read More »The Fed limits bank dividend payments and suspends share buybacks for the third quarter after stress tests
On Thursday, the Federal Reserve voted in favor of requiring large banks to preserve capital by suspending share buybacks and dividend payments in the third quarter. In a 4-to-1 vote, the Fed will tie dividend distribution to a formula based on recent earnings. The formula establishes the third quarter dividends …
Read More »Rite Aid could have more benefits despite huge concentration of earnings
As the stock market rotates between positive and negative territory, Rite Aid (RAD) – Get report the shares were firmly in the green. The stock rose 20% on Thursday after its quarterly results. Rite Aid is reaching its highest price since the end of April, and at one point rose …
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