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S&P, Dow Break Four-Week Losing Streaks

6 years 1 month ago
Stocks pulled back on Friday in a session that was jam-packed with several market-moving topics, including the coronavirus, the President and the monthly jobs report. In the end though, the major indices managed to post gains for the full week, which hadn’t been done throug

Monday's Dollar Blues

6 years 1 month ago
New actions to contain the virus are being taken in the US and Europe, but investors are looking past it and taking equities and risk assets, in general, higher to start the new week.

BridgeBio To Buy All Remaining Stake In Eidos In $175 Mln Deal

6 years 1 month ago
(RTTNews) - BridgeBio Pharma, Inc. (BBIO), a company focused on genetic diseases,announced Monday a definitive agreement to acquire around 36.3% stake in Eidos Therapeutics, Inc. (EIDX), a company focused on transthyretin or TTR amyloidosis or ATTR, that it does not already own.

How Much Cheaper Are SpaceX Reusable Rockets? Now We Know

6 years 1 month ago
SpaceX, the pioneering rocket launch company founded by Elon Musk, famously advertises a launch cost of just $62 million for its Falcon 9 rocket -- a price it has held steady for four and a half years. Of course, for nearly as long, SpaceX has also been saying that a switch to r

3 Stocks to Avoid This Week

6 years 1 month ago
I took a look at three stocks to avoid last week, and just one of the three investments declined. Burned by a nearly 42% pop in a home goods retailer, the average pick moved 13.7% higher. The market's 1.5% gain looks tiny in comparison, but I'm going to try again.

Oncology biotech Kronos Bio sets terms for $175 million IPO

6 years 1 month ago
Kronos Bio, a Phase 2 biotech developing kinase inhibitor therapies for leukemia and solid tumors, announced terms for its IPO on Monday. The San Mateo, CA-based company plans to raise $175 million by offering 10.3 million shares at a price range of $16 to $18. At the midpoint of
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