Business

Edge Therapeutics Rises Following Registered Direct Offering Announcement

Shares of Edge Therapeutics Inc. (NASDAQ: EDGE) posted a solid gain in Wednesday’s trading session after the company announced that it would be conducting a registered direct offering of its common ...
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Audentes Therapeutics Gears Up for Secondary Offering

Audentes Therapeutics Inc. (NASDAQ: BOLD) saw its shares drop early on Wednesday after the company announced the pricing of its secondary offering. The company said that it intends to price ...
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Why One Analyst Is Growing Very Bullish on Life Sciences

Over the past five, 10 and 20 years, the life sciences and bioproduction segments have tended to outperform the S&P 500 more often than not. Considering the exposure to biopharma ...
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Ford, FCA Boost EU Market Share in March; GM Slides Ahead of Opel Sale

The European Automobile Manufacturers Association (ACEA) reported Wednesday that new vehicle registrations in the European Union rose 11.2% in March compared with new registrations in March of 2016. New registrations ...
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Stifel Adds 4 Top Energy Stocks to Select List Portfolio

As we have reported recently, with earnings coming out full blast the top firms we cover on Wall Street are getting their initial glimpse at first-quarter results, and they are ...
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Why Morgan Stanley Earnings Shattered Estimates

Morgan Stanley (NYSE: MS) reported first-quarter 2017 results before markets opened Wednesday. The big bank reported diluted earnings per share (EPS) of $1.00 on net revenue of $9.7 billion. In ...
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Why Baidu Looks to Share Driverless Technology

Baidu Inc. (NASDAQ: BIDU) is the latest company reaching for a bigger share of the increasingly crowded autonomous, or self-driving, vehicle market. The Chinese tech company has launched Project Apollo, ...
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Volvo to Export Electric Cars From China

Volvo will both make electric cars in China and export them to other markets. The decision pushes Volvo beyond two important milestones. It becomes another manufacturer that will challenge Tesla ...
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US Drivers Remain Skeptical of Self-Driving Cars

Even though automakers, computer hardware companies, and just about any industry with a pulse is gasping over the opportunities available in the autonomous driving sector, U.S. drivers are much warier. ...
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Why Credit Suisse Sees Apple Driving Even Higher

Although earnings are driving the markets lower on Tuesday, one key analyst sees Apple Inc. (NASDAQ: AAPL) pushing its all-time highs even higher. Most of this gain is expected due ...
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CEO: ‘The Retail Bubble Has Now Burst’ — Which Retailers Are in the Most Trouble?

By Kashif, Investment Analyst at PrivCo, a private company financial intelligence platform On an earnings call with investors in March, Urban Outfitters CEO Richard Hayne admitted something his fellow retail ...
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10 Most Eco-Friendly Cars for Earth Day 2017

On the first Earth Day, April 22, 1970, the average fuel economy of the cars and light trucks on U.S. roads and highways was less than 15 miles per gallon ...
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Arena Pharmaceuticals Sinks After Announcing Secondary Offering

Arena Pharmaceuticals Inc. (NASDAQ: ARNA) saw its shares drop sharply on Tuesday after the company announced a secondary offering. Arena plans to offer 60 million shares of its common stock ...
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Bank of America Delivers Earnings Growth and Still at Discount to Book Value

Bank of America Corp. (NYSE: BAC) was expected to be the best exposed bank for rising interest rates and less government regulation. In fact, it has been the best performing of the ...
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Why Johnson & Johnson Raised Guidance After Missing Sales Estimates

Johnson & Johnson (NYSE: JNJ) reported first-quarter 2017 results before markets opened on Tuesday. The health care giant reported adjusted diluted earnings per share (EPS) of $1.83 on revenue of ...
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