The difference between being one of the most recognized people in the world and being one of the most admired is worth around $ 180 million, according to global beauty company Coty. INC. Coty COTY, + 13.39% announced Monday a “strategic relationship” in which he paid $ 200 million for …
Read More »Gilead’s coronavirus drug will cost $ 2,340, which sounds expensive, but here’s why not
Gilead Sciences Inc.’s COVID-19 drug remdesivir will cost much less than Wall Street analysts had predicted in a move that likely points to a more measured and responsible approach to the price of treatments and vaccines during the pandemic. Gilead GILD Shares, It gained 0.9% in trading on Monday following …
Read More »Pending home sales had a historic rebound in May, meaning the worst may have already come for the property market
The counts: After two consecutive months of decline, the pending home sales index soared 44.3% in May compared to April, the National Association of Realtors said on Monday. The monthly increase was the largest since the National Association of Real Estate Agents began the index in January 2001. “This has …
Read More »High volatility is here to stay in 2020. Goldman names 31 stocks to offer best risk-adjusted returns amid turmoil
The grim milestones of 10 million global coronavirus cases and more than 500,000 deaths, along with spikes in various U.S. states, have not deterred investors on Monday. US stocks rose in early trading, despite further indications that a second wave may be just around the corner. The Dow Jones Industrial …
Read More »Here’s the impact on revenue Facebook will take when Diageo and Starbucks join the list of companies pulling ads from the platform.
Facebook shares fell in pre-market trading on Monday, after Diageo and Starbucks became the latest companies to stop advertising on social media platforms for ineffective surveillance of hate speech. Shares of the social networking company FB, -2.48%, which operates Instagram and WhatsApp, in addition to its eponymous platform, fell more …
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