Tourists stroll through the center of Rovinj on the Istrian peninsula in the Adriatic Sea on July 4, 2020. Denis Lovrovic / Agence France-Presse / Getty Images European stocks rose Wednesday, and US equity futures also rose as investors accepted positive news about a candidate for the coronavirus vaccine. The …
Read More »Vaccine Hopes Boost Earnings for European Stocks and US Stock Futures
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 …
Read More »Moderna fires after positive test for coronavirus vaccine
Modern Inc. (MRNA) – Get report Shares rose in premarket operations on Wednesday after the drug maker reported uniformly positive data from an initial trial of its experimental coronavirus vaccine. Moderna said the phase 1 trial of MRNA-1273, its proposed candidate for the coronavirus vaccine, induced antibody reactions in the …
Read More »NCino Stock Rockets 150% after the Fintech IPO
Text size Ncino headquarters. Courtesy of nCino. NCino, which provides cloud-based software for financial institutions, experienced more than a 150% increase in its shares on its first day of trading. NCino shares opened at $ 71 and were trading at $ 77.20, a 150% increase in the Nasdaq stock market …
Read More »Major banks are hauling ‘big fees’ on debt and equity underwriting during the coronavirus crisis
Cash could be king during a crisis. But for the major investment banks that help the Federal Reserve do “whatever it takes” to maintain the flow of credit during the pandemic, the ace in the hole has been capital market commissions. Drink JPMorgan, Chase & Co. JPM, + 0.57%, which …
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