We're not even halfway through 2020 yet, and there's little question in my mind we'll be talking about it for a generation to come. In a span of 33 calendar days, beginning on Feb. 19, panic and uncertainty surrounding the coronavirus disease (COVID-19) pandemic sent the benchma
(RTTNews) - British drug major AstraZeneca Plc has made a preliminary approach last month to U.S. peer Gilead Sciences Inc. regarding a potential merger, Bloomberg reported citing people familiar with the matter. The talks are not formal, the report said.
(RTTNews) - U.K. stocks recovered from an early slide to edge higher on Monday amid reports that the government is considering a plan to speed up lockdown measures in England.
EU antitrust regulators are concerned about Fiat Chrysler and Peugeot car maker PSA's combined high market share in small vans and may require concessions to clear their $50 billion merger, people familiar with the matter said.
(RTTNews) - French stocks fell on Monday as weak data from China and Germany prompted traders to book some profits after strong gains last week of hopes of a quick economic recovery.
(RTTNews) - India-based Lupin Limited announced Monday that the US Food and Drug Administration or FDA has granted Orphan Drug Designation or ODD to mexiletine hydrochloride for the treatment of myotonic disorders.
(RTTNews) - Sika AG (SXYAY.PK, SKFOF.PK) has acquired Modern Waterproofing Group, a manufacturer of roofing and waterproofing systems in Egypt. It is based in Cairo with a production facility in Badr City. The company anticipates the expanded product portfolio will significantly
It's been over three months since I last caught up with Booking Holdings (NASDAQ: BKNG), and things have changed just a little bit since then. The novel coronavirus was beginning to manifest as a serious problem in February, but it wasn't apparent that an economic lockdown was g
Over long periods of time, the stock market has compounded at an annualized rate of somewhere between 9% and 10%, including dividend reinvestment. That's a fast enough rate to turn ordinary people into millionaires if they invest consistently enough throughout their careers. Of
Some of the past week's biggest winners were cruise line stocks. Shares of Carnival (NYSE: CCL) (NYSE: CUK), Norwegian Cruise Line Holdings (NYSE: NCLH), and Royal Caribbean (NYSE: RCL) moved sharply higher.
What happened
Shares of Green Dot (NYSE: GDOT) rose 25.2% in May, according to data from S&P Global Market Intelligence. The financial technology "banking-as-a-service" (BaaS) company saw its share price rise as investors began to price in better economic activity.
June is likely the month where all the economic gears go into motion again as most parts of the U.S. reopen for business, and people return to work. The recently released May jobs report said unemployment stood at 13.3%, much better than the 19.5% expected, and it should only im
What happened
Shares in data management company Zebra Technologies (NASDAQ: ZBRA) surged 13.8% in May, according to data provided by S&P Global Market Intelligence. The move comes down to a combination of a relatively positive earnings report released at the end of April, a
Warren Buffett, famous investor and fourth-richest person in the world, has some investing advice for you. And it doesn't involve ratios, valuations, or any nonsensical acronyms that have something to do with cash flow. Nope, Buffett's recommendation is far more straightforward:
The COVID-19 outbreak hammered demand for oil. That pushed prices to such depths earlier this year that several producers had no choice but to turn off some of their pumps to stop the bleeding.