Hitek Global, which provides IT consulting and solutions services in China, raised the proposed deal size for its upcoming US IPO on Thursday.
The Xiamen, China-based company now plans to raise $20 million at a market cap of $75 million by offering 4 million shares at a price ran
NEW YORK (Reuters Breakingviews) - Handwashing has never been so popular. It’s one of the main ways to avoid catching Covid-19, which is why Unilever and the UK government on Thursday committed soap, bleach and 100 million pounds to educate 1 billion people about it. C
The stock market kept up its winning streak on Thursday, with the Dow Jones Industrial Average (DJINDICES: ^DJI) and the S&P 500 (SNPINDEX: ^GSPC) extending their winning streaks to three straight days. Investors were pleased with the Senate passage of the coronavirus stimul
What happened
Shares of Teladoc Health (NYSE: TDOC) popped today, closing out the session with 12% gains, as a historic $2 trillion stimulus bill continues to make its way through Congress. Demand for Teladoc's services has soared amid the ongoing COVID-19 crisis as patients se
AstraZeneca PLC AZN announced that the Japanese regulatory authority has granted marketing approval to Lokelma (sodium zirconium cyclosilicate) for the treatment of patients with hyperkalaemia in Japan. Hyperkalemia is a serious condition characterized by high levels of potassi
HONG KONG/LONDON/NEW YORK (Reuters Breakingviews) - Breakingviews has launched a daily column covering pandemic-related insights that you might have missed. Throughout the day, we’ll bring you shorter-than-usual views from columnists around the world with the same fina
E-commerce behemoth Amazon.com (NASDAQ: AMZN) continues to cultivate its brick-and-mortar footprint. It was reported Wednesday that the company had submitted winning bids for leases on two New Jersey grocery stores. The locations, previously part of the region's well-recognized
British lenders agreed on Thursday to give all homebuyers the option of extending mortgage offers by three months after the coronavirus outbreak brought the housing market to a near standstill.
The U.S. Federal Reserve's balance sheet rocketed past $5 trillion in assets for the first time this week as it scooped up bonds and extended loans to banks, mutual funds and other central banks in its unprecedented effort to backstop the economy in the face of the global coronavirus pandemic.
(RTTNews) - Stocks moved sharply higher over the course of the trading session on Thursday as traders shrugged off data showing a spike in first-time jobless claims. The Dow and the S&P 500 closed higher for the third straight day, climbing further off Monday's three-year lo
Much of the advice you see about using credit cards wasn’t written for people coping with a financial emergency. When you’re faced with a sudden disruption in your income —…
U.S. Treasury bonds yields fell modestly on Thursday morning after weekly applications for unemployment benefits surged to an all-time high, the muted response suggesting the market had already priced in expectations for an abysmal data release.
What happened
Late Wednesday night, the U.S. Senate passed its Coronavirus Aid, Relief, and Economic Security (CARES) Act. In total, the stimulus bill promises some $2 trillion in funding to help taxpayers and companies struggling to survive under government-mandated measures to
The Dow Jones Industrial Average wrapped up its strongest three days in nine decades on Thursday as record weekly U.S. jobless claims came in below investors' worst fears and the focus stayed on an unprecedented $2 trillion stimulus awaiting approval by the U.S. House of Representatives.
Britain missed an opportunity to join an EU procurement scheme for medical equipment to fight coronavirus, including ventilators to help patients breathe, because of an email mix up, the government said on Thursday, adding it may take part in future schemes.
In trading on Thursday, shares of Staar Surgical Co. (Symbol: STAA) crossed above their 200 day moving average of $32.06, changing hands as high as $32.67 per share. Staar Surgical Co. shares are currently trading up about 15.8% on the day. The chart below shows the one year