Tag Archives: to invest

Banks soar after FDIC relaxes key Volcker Rule restrictions

Many banks and brokerage houses were using their own company’s money to invest in derivatives, such as mortgage-backed securities and other complex financial instruments. The eventual collapse of the subprime mortgage market (loans to borrowers with poor credit histories) created a ripple effect that led to the collapse of Bear …

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Vaccine maker ETF rises to Trump’s positive proclamation

Vaccine makers were climbing during Thursday’s volatile market session when investors took President Trump’s bullish proclamation on Wednesday that a vaccine to treat COVID-19 is closer than many expected to hear. Inovio Pharmaceuticals (INO) – Get report jumped more than 17% on Thursday, while Sorrento (SRNE) – Get report Almost …

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Moderna and Catalent in an agreement to pack the Covid vaccine

Modern (MRNA) – Get report and catalent (CTLT) – Get report unveiled a joint effort to free the Moderna coronavirus vaccine candidate this quarter. Medication supply specialist Catalent will provide vial filling and packaging services for the coronavirus vaccine candidate mRNA-1273 from drug maker Moderna, the companies said. The agreement …

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