Pfizer (PFE) – Get report On Tuesday it was receiving a solid boost, more than 4% after the company’s better-than-expected earnings report. The company reported second-quarter earnings of 78 cents a share, beating estimates by 12 cents. Revenue of $ 11.8 billion sank 11% year-over-year, but exceeded estimates by $ …
Read More »Dow Futures higher as Congress debates stimulation of coronavirus
Tuesday’s market minute Global stocks mingle as risk sentiment improves ahead of a wave of American corporate earnings and a key debate in Congress over the next form of coronavirus relief. The US dollar is recovering from its two-year low, while gold is withdrawing from its all-time high as investors …
Read More »Moderna gains in strengthening federal support for coronavirus vaccine
Modern Inc. (MRNA) – Get report Shares rose further Monday after the drug maker added nearly $ 500 million in federal funds to its coronavirus vaccine effort. Moderna said a modification to its contract with BARDA, the U.S. Advanced Biomedical Research and Development Authority, adds $ 472 million in funding, …
Read More »Stock Market Today: Dow, S&P Live Updates for July 28, 2020
Walgreens Boots Alliance CEO Stefano Pessina resigns
Walgreens Boots Alliance Inc. (AMB) – Get report He said Monday that CEO Stefano Pessina will step down after five years at the helm of the pharmacy group. Pessina, 79, will transition to the role of CEO, with incumbent President Jim Skinner aside to make room for the Italian-born billionaire …
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