(Bloomberg) — The list of warning signs for the rally that pushed U.S. stocks to another record is growing longer.As the S&P 500 Index embarked on a torrid four-day advance, corporate executives and officers have stepped up selling shares in their own companies — so much so that there were five insider sales for every…
What is Tiger Woods' net worth?
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An 11-time PGA Player of the Year, Woods has earned more than $120 million in prize money during his lengthy career in pro golf.
Turkish Jet Splits Open After Landing; Three Dead, 179 Injured
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(Bloomberg) — At least three people were killed when a Turkish jetliner broke apart after landing in wet weather in Istanbul.In addition, 179 people were injured when the Boeing Co. 737-800 operated by Pegasus Airlines veered off the runway at Sabiha Gokcen airport, Turkey Health Minister Fahrettin Koca said, according to the Associated Press. Video…
China’s Drug Patent Grab Makes Coronavirus Scary for Pharma
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(Bloomberg Opinion) — The coronavirus outbreak in China is already threatening to undermine the global economy. It may soon create a similar shake-up in the drug industry. I'm not talking about pharmaceutical companies’ attempts to develop a vaccine, but about intellectual property. Chinese researchers have applied for a patent on an antiviral drug candidate called remdesevir owned by Gilead Sciences…
Peloton, PG&E, Facebook: Companies to Watch
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Peloton, PG&E and Facebook are the companies to watch.
Attention Biotech Investors: Mark Your Calendar For These February PDUFA Dates
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Biotech stocks have come under some selling pressure in the new year. However, January did witness some strong stock-specific upward moves, especially with stocks leveraged to the Wuhan coronavirus epidemic. …
Starbucks Challenger Luckin Isn’t All Out of Luck
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(Bloomberg Opinion) — China’s Luckin Coffee Inc. hasn’t been having much luck lately. The last thing a retail business in the middle of a breakneck expansion needs is a deadly virus that keeps consumers off the streets and away from malls. What could be more damaging? Perhaps an attack by short-sellers branding your business a…
I'm 58 and have no retirement savings. Is my financial life ruined or is there still hope?
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I’m 58 years old and for the first time ever, retirement seems real to me. The problem is I don’t have any money. Now what?
Here’s How Tesla Shares Will Hit $7,000 By 2024
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ARK Investment Management, a thematic investment fund, revealed a new price target this weekend on Elon Musk’s Tesla Inc., (NASDAQ: TSLA) after the electric automaker’s big fourth-quarter earnings beat Wednesday. Gross margins to approach 40%, in line with Wright’s Law.
This week in Trumponomics: Trump has an Obama problem
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Trump blasted Obama for weak growth. But the Trump economy now looks very much the same.