Finance

Shock for AZ as MYSTIC trial stumbles at first hurdle

Shock for AZ as MYSTIC trial stumbles at first hurdle The pairing of AZ's new PD-L1 inhibitor Imfinzi (durvalumab) and CTLA4 blocker tremelimumab - the foundations of its nascent cancer immunotherapy franchise - as well as Imfinzi given on its own failed to improve progression-free survival (PFS) when given to newly-diagnosed non-small cell lung cancer (NSCLC) patients. [Full Article...]

Jailed Volkswagen exec to plead guilty in United States diesel scandal

Jailed Volkswagen exec to plead guilty in United States diesel scandal The Volkswagen AG exec arrested a year ago for his part in VW's diesel emissions fraud, Oliver Schmidt , will be pleading guilty on August 4 in US District Court in Detroit. The manufacturer said 11 million of its vehicles were affected worldwide - including nearly 1.2 million in the UK. It would stand to reason that Schmidt's deal probably involves providing testimony relating to the 7 other... [Full Article...]

Trump accuses the European Union of protectionism

Trump accuses the European Union of protectionism The topic has been a big bone of contention in EU-US relations since the 1997 ban, and the row has even found its way to disputes at the World Trade Organisation. In a key note speech at the Graduate Institute Geneva, Dr Fox said the government was seeking to reach WTO ratification "as fast as possible". "The EU is very protectionist with the US STOP!" he added, repeating a common line of attack a... [Full Article...]

Why Barnes & Noble, Inc. Stock Popped Today

Why Barnes & Noble, Inc. Stock Popped Today Next quarter's EPS is forecasted to be $-0.22 with next year's EPS anticipated to be $0.61. In the a year ago, the retailer's stock was down more than 30% and its revenue declined 6.5% to $3.9 billion. Barnes & Noble Education had its "strong buy" rating reiterated by analysts at BWS Financial. If you are accessing this piece of content on another domain, it was stolen and reposted in violation of... [Full Article...]

Uber rival Grab to raise $2.5 billion in new financing

Uber rival Grab to raise $2.5 billion in new financing A source confirmed that this new money gives Grab a valuation of more than $6 billion. Uber's Southeast Asian rival Grab has confirmed an investment of $2bn (£1.5bn) from fellow ride hailing company Didi Chuxing and Japan's internet powerhouse SoftBank , as was first reported last week . [Full Article...]

Chocolate bars, toilet rolls, and biscuits are all shrinking in Britain

Chocolate bars, toilet rolls, and biscuits are all shrinking in Britain According to the ONS, shrinkflation had "no noticeable effect" in the food and non-alcoholic beverages category - but in the sugar, jam, syrups, chocolate and confectionery category, changing pack sizes contributed 1.22 percentage points to the rate of inflation of those items since the beginning of 2012. [Full Article...]

Morgan Stanley and Northern Trust reveal Brexit moves

Morgan Stanley and Northern Trust reveal Brexit moves Brian Moynihan, chief executive of Bank of America , was in Dublin for the landmark announcement, which was made after a meeting with taoiseach Leo Varadkar, who is keen to capitalise on the fallout from the City after the vote for Brexit. [Full Article...]

Lyft is following Uber into self-driving cars

Lyft is following Uber into self-driving cars Petitions in the San Francisco Superior Court "are aimed at ensuring Uber and Lyft's estimated 45,000 drivers in San Francisco do not create a public nuisance", according to a statement. Now, Lyft's own self-driving cars will operate on that network too. Based in Palo Alto, the Level 5 facility will house hundreds of engineers that will work on developing the open self-driving system. [Full Article...]

Hansa Market Taken Down in Global Law Enforcement Operation

Hansa Market Taken Down in Global Law Enforcement Operation United States attorney general Jeff Sessions said at a briefing in Washington DC: "We know of several Americans who were killed by drugs on AlphaBay ". According to Europol's "conservative estimation", around £1 billion (£770 million) worth of transactions have been process through the marketplace since its creation in 2014, all paid in crypto-currencies such as Bitcoin . [Full Article...]

Can analysts adopt a bullish outlook for DS Smith plc (LON:SMDS)?

Can analysts adopt a bullish outlook for DS Smith plc (LON:SMDS)? The rating was maintained by RBC Capital Markets on Thursday, February 16 with "Sector Perform". The correct version of this story can be viewed at https://baseballnewssource.com/markets/newriver-reit-plcs-lonnrr-buy-rating-reiterated-at-peel-hunt/1223532.html. [Full Article...]

Kohli says he doesn't feel added pressure

Kohli says he doesn't feel added pressure I only focus on doing what is in my hand and that is to play. "Lot of things fly around which are not in my control". "My job is to bring the best out on the field and make this team do well", he said. All the current Indian bowlers credit the 54-year-old Arun for the helping them improve their skills when he was the bowling coach from September 2014 to March 2016 when Shastri was the Team Directo... [Full Article...]

As paperwork goes missing, private student loan debts may be wiped away

As paperwork goes missing, private student loan debts may be wiped away The messy paperwork may be something of a miracle for burdened students, but it is a nightmare for the thousands of borrowers who are now in the middle of the storm, unable to get answers about the state of their loans. Disorganized or missing paperwork has made it hard for National Collegiate to prove it does indeed own the defaulted loan it's demanding repayment on. [Full Article...]

Why Shares of Blue Apron Holdings Continue to Get Crushed

Why Shares of Blue Apron Holdings Continue to Get Crushed You be the chef" as a new trademark-further marks the online giant's intentions to shake up the way Americans buy groceries. But if you could order a dinner kit on Amazon Prime and have it delivered to your house in an hour whenever you forget to plan dinner-and not on Blue Apron's fixed schedule-it could make a meal-kit plan even more appealing. [Full Article...]

China's economy grew 6.9% in second quarter

China's economy grew 6.9% in second quarter Beijing has set a growth target of around 6.5 percent for 2017, a tad lower from 6.7 percent in 2016, which was the country's lowest rate in 26 years. With risks rising in some parts of the economy due to leveraged investments and over-borrowing, officials need to carefully balance support for growth with risk controls. [Full Article...]

Ann Coulter throws two-day Twitter tantrum against Delta

Ann Coulter throws two-day Twitter tantrum against Delta Delta said it was "disappointed" in Ms. Coulter and called her actions "unnecessary and unacceptable". Coulter was on Delta Airlines flight 2862 from New York City's LaGuardia Airport to Palm Beach International Airport in West Palm Beach, Fla. [Full Article...]

Wind gusts of up to 70 km/hour expected in some wildfire zones

Wind gusts of up to 70 km/hour expected in some wildfire zones There are more than 16,000 evacuees and more than 4,000 families registered with Red Cross. "Given the proximity of existing wildfires to communities, infrastructure and transportation corridors, people throughout the Cariboo region and the southern Interior should be prepared for potential evacuations", the government states. [Full Article...]

House considers adding North Korea to Russian Federation sanctions bill

House considers adding North Korea to Russian Federation sanctions bill Commenting on the meeting in an interview with CBN TV broadcaster on Wednesday, Trump said that Russian leader Putin would have been happier if Hilary Clinton won the presidential election past year in the United States. The Obama administration knew in August 2011 that the Russians were attempting to tamper with the USA presidential election process. But Democrats are furious at the cha... [Full Article...]

Wells Fargo slides as Q2 earnings beat estimates, revenues miss

Wells Fargo slides as Q2 earnings beat estimates, revenues miss The stock declined 1.78% or $0.99 reaching $54.61 on the news. Stock has got OUTPERFORM rating from 7 analyst (s) whereas last month 7 analyst (s) have given outperform rating. The firm has "Mkt Perform" rating by Keefe Bruyette & Woods given on Monday, October 17. Macquarie Research maintained it with "Underperform" rating and $50 target in Friday , September 25 report. [Full Article...]

Stocks Shrug Off Bank Earnings, Shoot To New Highs

The Dow and S&P 500 ended the week with fresh highs, even as bank earnings weighed on financials. Yellen will stand before the Senate Banking Committee on Thursday. The 30-stock index also notched an intraday record. China posted better-than-expected trade data for June, with exports rising 11.3 per cent and imports expanding 17.2 per cent, suggesting the economy is holding up well thanks to f... [Full Article...]

Federation Internationale de Football Association whistleblower Chuck Blazer dies at 72

Federation Internationale de Football Association whistleblower Chuck Blazer dies at 72 Chuck Blazer , the Forest Hills native who helped the USA government expose just how corrupt soccer's worldwide governing body was, died Wednesday. Blazer alerted Federation Internationale de Football Association and, in the aftermath, Blazer was forced to resign and leave his post as CONCACAF secretary general by the end of the year. [Full Article...]


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