Pfizer (PFE) – Get report and its German partner BioNTech (BNTX) – Get report were increased in premarth trade Friday after the companies said their Covid-19 vaccine candidate would pass tests in the final stage. The companies said the vaccine was “well tolerated with mild to moderate fever in less …
Read More »Tesla Races to Fresh Record High in Stock Split Date
Tesla Inc. (TSLA) – Get report equities rose Friday after a fresh record high when investors positioned themselves for a split for five for one of Wall’s hottest, and most expensive, shares. Shareholders of record at the end of the session on Friday will receive four additional shares of Tesla …
Read More »Dow Futures Slips Lower on Gloomy Fed Recovery Outlook
The Minute of Thursday Global stocks are slipping after a grim assessment of the second half of the US Federal Reserve’s recovery. Minutes from the Fed’s July interest rate meeting in July suggest further support in the coming months, but a possible shift in focus to inflation targeting and direct …
Read More »Focus on finances: Recap of ‘Mad Money’ by Cramer (Monday 8/19/20)
Are we at the beginning of the fast-paced V-shaped economic recovery? Not so fast, Jim Cramer told his Mad Money viewers on Wednesday. There are certainly signs of strength in the stock market, Cramer said, but he remained skeptical that a V-shaped recovery is possible until the financial sector shows …
Read More »Buffett takes Barrick Gold Stake, Dumps Goldman Sachs, Occidental Petroleum
Berkshire Hathaway by Warren Buffett (BRK.A) – Get report (BRK.B) – Get report holding company took a stake in Barrick Gold Corp. (GOLD) – Get report, while issuing or reducing holdings in shares of financial companies in the quarter ended July 1, according to a submission to the Securities and …
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