Posted: Jul 15, 2020 at 3:59 am ET European stocks rose Wednesday, and US equity futures also rose as investors accepted positive news about a candidate for the coronavirus vaccine. The Stoxx Europe 600 Index FXXP00 It was up 0.8% after a 0.8% loss on Tuesday. The index is barely …
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Text size Maddie Meyer / Getty Images Moderna’s shares have risen 239% so far this year, and the biotech company, which has no approved medications, has a market capitalization of more than $ 24 billion. But in a note sent out Monday morning, Jefferies analyst Michael Yee writes that the …
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Text size Joseph Prezioso / Getty Images Shares of Modern biotechnology fell 6.2% on Thursday afternoon after health news website Stat reported that the company was delaying the start of a Phase 3 trial of its experimental Covid-19 vaccine. The report, based on quotes from unidentified sources described as “investigators,” …
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UBS analysts saw what Kanye West did for Adidas AG and thought that the controversial rapper and fashion designer could do the same for sick Gap Inc. Gap announced on Friday that it has partnered with Kanye for the Yeezy Gap collection that will include items for men, women and …
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Text size Joseph Prezioso / AFP via Getty Images Moderna said it has partnered with Catalent to make the Covid-19 vaccine that the biotech company is about to test in the country’s first major clinical trial. Although the vaccine’s large-scale safety and efficacy have not yet been proven, the urgency …
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