JP Morgan analysts downgraded the shares of Moderna Inc. MRNA, + 15.93% Neutral because of overweight by concerns about the valuation of the preclinical company, which has never produced an approved product. Moderna is developing a candidate for the COVID-19 vaccine that is widely considered to be one of the …
Read More »UK signs agreements with BioNTech, Pfizer and Valneva for COVID-19 vaccines
The UK government said on Monday it has secured early access to 90 million doses of vaccines from two potential COVID-19 vaccines developed by a partnership between Germany’s BioNTech and US drug maker Pfizer, as well as one by the group. French Valneva. The business ministry said it had signed …
Read More »Risks are mounting for US stocks. This is where investors should look, says BlackRock.
It is set to be a moderate start to a great earnings week. US stock futures were down at the start of a week, which will see a number of report results from big names, including Tesla TSLA, + 0.01%, Microsoft MSFT, -0.51% and United Airlines UAL, -1.65%. The race …
Read More »Noble Energy Shares Rise After Chevron Confirms $ 5 Billion Purchase Agreement
Shares of Noble Energy Inc. NBL, -2.91% increased 8.8% in premarket operations on Monday, after Chevron Corp. CVX, -1.32% confirmed an all-stock deal to buy the oil and gas producer for around $ 5 billion. Including Noble’s debt, the deal would be valued at around $ 13 billion. The deal …
Read More »UAE spacecraft takes off for mission to Mars
TOKYO – A United Arab Emirates spacecraft began its journey to Mars with a takeoff in Japan on Monday in what is the first interplanetary mission in the Arab world. The launch of the spacecraft called Amal, or Hope, marks the beginning of the seven-month journey to the red planet. …
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