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Monday, August 3, 2020

AbbVie, Amgen, Takeda Pharma Enroll First Patients In I-SPY COVID Trial

AbbVie, Inc. (ABBV), Amgen Inc. (AMGN), and Takeda Pharmaceutical Co. Ltd. (TAK) said Monday that they have enrolled the first patients in the I-SPY COVID Trial (Investigation of Serial Studies to Predict Your COVID Therapeutic Response with Biomarker Integration and Adaptive Learning) clinical trial.

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Pre-market Movers In Healthcare Sector: IMUX, TRVN, VAR, VTGN.

What's moving these stocks in pre-market hours today?

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Loews Slips To Loss In Q2 - Quick Facts

Loews Corp. (L) on Monday reported a second-quarter net loss of $835 million or $2.96 per share, compared to net income of $249 million, or $0.82 per share in the prior-year quarter.

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Beam Therapeutics - Yet To Shine

Shares of Beam Therapeutics Inc. (BEAM) have lost nearly 31 percent of their value over the past one month and trade around $19. The stock made its debut on the NASDAQ on February 6, 2020, and the IPO lock-up period is set to expire tomorrow (Aug. 4).

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HSBC Q2 Profit Plunges, Warns Of Hefty Loan Losses; Stock Dips

Shares of HSBC Holdings Plc (HSBC, HSBA.L) were down in London and Hong Kong trading after the Asia-focused British lender reported Monday sharply lower profit in its second quarter, hurt by higher expected credit losses, weak revenues as well as the absence of prior year gain. For fiscal 2020, the company projects expected credit losses or ECL charge in the range of $8 billion to $13 billion.

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Owner of UK chip firm Arm reportedly in talks about sale to Nvidia

Japan’s SoftBank could offload semiconductor maker within weeks for at least $32bn

The UK-based microchip designer Arm is the subject of “advanced talks” aimed at selling the British tech company to a US computing giant.

The computing firm Nvidia is negotiating with Arm’s Japanese owner, SoftBank, to acquire the Cambridge-based group in a deal that could be agreed within weeks, according to a report by Bloomberg.

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Stock Alert: Pinterest Climbs 28% After Q2 Results

Shares of Pinterest, Inc. (PINS), a social media web and mobile application company, are rising 28 percent or $7.16 in Friday's morning trade at $32.35 after the company reported strong user growth and its revenue for the second quarter beat analysts' estimates.

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Monday, August 3, 2020

Friday, July 31, 2020