Johnson and Johnson (JNJ) – Get report He said Thursday that his developing coronavirus vaccine showed strong results in the first single-dose trials, and launched a study with human patients in the US and Belgium. The US government-backed study, published in the journal Nature, showed that all monkeys exposed to …
Read More »Apple splits shares for the first time since 2014
Apple aims to bring its shares to a broader investor base by dividing the shares in four ways. The iPhone giant announced the move in its third-quarter earnings release, saying trading will start in a split fashion on August 31, 2020. Depending on how the stocks perform from time to …
Read More »Asian markets fall after bleak US GDP data.
Asian stocks fell on Friday when reports showed layoffs of US workers persist at high levels after the US economy contracted at an annual rate of nearly 33% in the spring, the worst quarter on record. The earnings reports, an indicator of how well companies are handling the consequences of …
Read More »Silver: the poor man’s gold no more?
Investors have focused on a surge in record gold prices, but silver rose roughly 25% in July, the metal’s second-highest recorded monthly gain, and is still undervalued compared to the yellow metal. “Silver is often called ‘poor man’s gold’ because some of the same factors that drive gold prices up …
Read More »Gold has no role in wealth client portfolio, says Goldman’s manager
Do not believe the exaggeration. That’s the message from Sharmin Mossavar-Rahmani, director of private wealth management investments at Goldman Sachs, who thinks gold is too expensive and doesn’t have a clear role in the portfolios of his private clients. Our view is that gold is only appropriate if you have …
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