Shares of Moderna (NASDAQ: MRNA) climbed 20% in a single trading session (May 18), after the biotech company announced encouraging interim results from an ongoing phase 1 trial of its vaccine for COVID-19, the illness caused by the novel coronavirus.
Millions of Americans have seen their incomes take a hit during the COVID-19 outbreak. But not everyone is struggling right now. Some people are actually saving money -- because they aren't commuting to work or spending on leisure and entertainment outside the home.
For more than three months, the coronavirus disease 2019 (COVID-19) pandemic has upended society as we know it. The U.S. becoming the epicenter of the pandemic left regulators with little choice but to shut down nonessential businesses throughout most of the country to save live
Investors in Reed's, Inc. REED need to pay close attention to the stock based on moves in the options market lately. That is because the Dec 18, 2020 $2.50 Call had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility s
The Michaels Companies, Inc. MIK was a big mover last session, as the company saw its shares rise 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is no
Colombia could take stakes in businesses struggling because of the coronavirus outbreak in a bid to help them continue to operate, a presidential decree published on Friday said.
The U.S. Food and Drug Administration, together with the National Institutes of Health's National Cancer Institute, the Centers for Disease Control and Prevention, and the Biomedical Advanced Research and Development Authority, have been independently evaluating serology tests t
OPEC and its allies led by Russia meet on Saturday to approve extending record oil production cuts and to push countries such as Iraq and Nigeria to comply better with existing curbs.
Argentina's economy is seen shrinking 9.5% in 2020, according to a monthly poll of analysts by the central bank released on Friday, compared with an estimated 7% decline in the previous survey, as activity gets walloped by a nationwide lockdown against the coronavirus pandemic.
A big casino in Asia operated by Las Vegas Sands (NYSE: LVS) is drawing scrutiny from a powerful regulator. According to an article published on Thursday by Bloomberg, citing a copy of a subpoena it had access to, the subsidiary that owns the company's Marina Bay Sands is being
What happened
Collier Creek Holdings (NYSE: CCH) was an exceptional stock on Friday, advancing by nearly 17% on the news that it has essentially transformed into a vehicle to take a well-known snack-food company public.
What happened
Shares of Genius Brands International (NASDAQ: GNUS) plummeted on Friday, following bearish comments by Citron Research. By the close of trading, Genius Brands' stock was down more than 13% after falling as much as 27% earlier in the day.
A Brazilian judge ordered the closure of a series of mines operated by mining company Vale SA over coronavirus concerns, labor prosecutors said on Friday, a development that puts more than 10% of the firm's iron ore output offline and will likely send jitters through the global iron ore market.
National Football League (NFL) Commissioner Roger Goodell said the league made mistakes in not listening to players, in a video on Friday denouncing racism in the United States amid widespread protests over police brutality against black people.
Argentina's Mendoza province, famed for its bodegas and Malbec grapes grown in the shadows of the Andes, has formally launched a debt restructuring process after missing an initial payment deadline on a 2024 bond.
Brazil's official budget deficit target for this year of 10% of gross domestic product is already looking optimistic, Treasury Secretary Mansueto Almeida said on Friday, a sign of the huge pressure on public finances from the coronavirus crisis.
Following the busiest week yet for the 2020 IPO market, three IPOs plan to raise $431 million in the week ahead, led by online auto marketplace Vroom (VRM).
After increasing its range on Friday, Vroom (VRM) plans to raise $356 million at a $2.3 billion market cap. With $1.3 billi
The Trump administration has ordered Marriott International to wind down hotel operations in Communist-run Cuba, a company spokeswoman told Reuters, extinguishing what had been a symbol of the U.S.-Cuban detente.