We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The…
RPT-INSIGHT- As protests rack Hong Kong, China watchdog has Cathay staff 'walking on eggshells'
by admin •
Staff at Cathay Pacific Airways , Hong Kong’s flagship airline, are on edge. Since an Aug.9 directive by the Civil Aviation Authority of China (CAAC) that called for the suspension of staff who supported or participated in the demonstrations, the regulator has rejected some entire crew lists without explanation, two sources with knowledge of the…
China Won’t Save the World Economy This Time
by admin •
(Bloomberg Opinion) — U.S. recession indicators are growing stronger and there's one bigger-than-usual reason why the world should be worried: China isn't coming to the rescue this time.In the past week alone, a gauge of U.S. manufacturing unexpectedly fell to its weakest reading in a decade and payrolls at private companies grew less than forecast.…
Immuron Receives $3.7M In Federal Dollars For Traveler’s Diarrhea Preventative Therapy Project
by admin •
The Australian biotech said it has reached an agreement with the U.S. Naval Medical Research Center, or NMRC, to collaborate on the manufacturing and evaluation of a new product designed to protect against traveler’s diarrhea caused by campylobacter and ETEC pathogens.
UPDATE 2-Deere to lay off 163 U.S. workers as trade war dents equipment demand
by admin •
Deere & Co on Tuesday announced indefinite layoffs for 163 U.S. manufacturing workers at plants in Illinois and Iowa that make agricultural, forestry and construction equipment, citing decreased customer demand. The layoffs come week after the company said it would reduce production by 20% at its facilities in Illinois and Iowa in the second of…
Raymond James Upgrades Zymeworks, Says Encouraging Cancer Drug Is ‘Born to Run’
by admin •
Canadian biotech Zymeworks Inc . (NYSE: ZYME ) over the weekend announced more data from an ongoing clinical trial of a drug to treat HER2-type cancers and announced a Phase 2 trial in another cancer drug, …
Natural Gas Price Fundamental Daily Forecast – New Shorts Enter Market, Supported by Rising Production, Favorable Weather
by admin •
Traders are saying that supply is rising and that the next few reports should reveal whether last week’s bearish EIA surprise was a one-and-done or part of a bearish trend.
UPDATE 1-RWE touts 18 gigawatt renewable project pipeline in green shift
by admin •
German utility RWE has a renewable project pipeline of more than 18 gigawatts (GW), mostly in the United States, it said on Monday, confirming it could pour up to 3 billion euros ($3.3 billion) into green energy sources a year. RWE has transformed itself by taking over the renewables activities of subsidiary Innogy and peer…
Friday Is Going to Be a Huge Day for Stock Traders
by admin •
Two major market events that have the potential to send U.S. equity volumes sky-high will collide Friday. The first is the quarterly event known as “quadruple witching” — when futures and options on indexes and individual stocks expire. The anticipated spike in turbulence will hit a market already roiled by rising trade tensions between the…
Amazon just accidentally leaked details about 2 new Alexa devices ahead of an event today
by admin •
Listings for an Amazon Echo Sub subwoofer and an Amazon Smart Plug were leaked ahead of a company event on Thursday. The subwoofer is designed to work with Amazon’s Echo speakers, which would also get stereo sound functionality, according to the leaked listings on Amazon UK first spotted by the website Pocket-lint. The Amazon Smart…
Jack Ma Says He Can’t Create 1 Million U.S. Jobs After All
by admin •
Alibaba Group Holding Ltd. co-founder Jack Ma said his promise to create 1 million jobs in the U.S. is impossible to fulfill because of the U.S.-China trade war, a setback in one high-profile effort for deeper cooperation between the world’s two largest economies. Ma, China’s richest man, made the remarks in an interview in the…
Amazon considering opening up to 3,000 cashierless stores by 2021: Bbg
by admin •
Shares of U.S. supermarket chains Kroger Co (KR.N) and Target Corp (TGT.N) fell between 1 and 2 percent following the news. Amazon shares were down about 1 percent. The company currently has three Amazon Go stores in Seattle, and plans to expand in Chicago, San Francisco and New York.