Markets
Prothena scraps lead drug following mid-stage study failure
The Phase 2 study tested NEOD001 vs. a placebo in patients with AL amyloidosis and persistent cardiac dysfunction. "We are deeply disappointed by this outcome, particularly for patients suffering from this devastating disease", Prothena president and CEO Gene Kinney, Ph.D., said in a statement. [Full Article...]
CFPB Slaps Wells Fargo with $1 Billion Fine
Starting in September 2016, Wells has admitted to a number of abusive practices across multiple parts of its business that duped consumers out of millions of dollars. Wells Fargo & Co.is facing more challenges with one of its regulators. "I will cut Regs but make penalties severe when caught cheating!", Trump wrote on Twitter back in December. [Full Article...]
MGM Resorts International (MGM) Upgraded to "Buy" by ValuEngine
On the other end, a stock with a score from 0-2 would be viewed as weak. The last session's volume was 5,122,642 compared to its average daily volume of 8.60M shares. Cadence Cap Mngmt Ltd Llc reported 10,970 shares. A rating of 4 or 5 represents a Sell idea. SunTrust maintained it with "Buy" rating and $190.0 target in Tuesday, January 30 report. [Full Article...]
Canadian was killed in Peru, Global Affairs says
Traditional healer and elder Olivia Arevalo Lomas of the Shipibo-Conibo Indigenous people of Peru. "We want to see if this person who was buried... is the same as the person who appears in a video on social media (and) was killed ", prosecutor Ricardo Jimenez said at the weekend. [Full Article...]
Pfizer (PFE) Position Trimmed by Reilly Financial Advisors LLC
Avalon Ltd Liability holds 2.06% of its capital in Pfizer Inc . The stock underperformed the S&P500 by 9.12%. Dupont Capital Management Corp decreased its stake in Fedex Corp (FDX) by 73.57% based on its latest 2017Q4 regulatory filing with the SEC. [Full Article...]
Telefonaktiebolaget LM Ericsson (ERIC) Sets 1-Year High
In this case performance of tends to percentage rate of return for a stock for a given time frame. Ship Finance International Limited (NYSE:SFL) last session's volume of 2.13 million shares was higher than its average volume of 0.65 million shares. [Full Article...]
Wall Street Analyst's Guidance: Freeport-McMoRan Inc. (FCX), Halliburton Company
The shares were last seen trading -1.07% lower, taking the closing price at $19.36 on 04/20/2018. FCX has also 13.23 million shares volume. The stock price stays 0.48% away from its 20 days moving average. On Monday, March 26 the stock of Freeport-McMoRan Inc. The firm earned "Buy" rating on Monday, April 9 by Jefferies. ( NYSE : FCX ) on Tuesday, April 3 with "Hold" rating . [Full Article...]
Fresenius pulls out of $4.3bn Akorn merger
The German health-care company said it offered to delay its decision to walk away from the deal to give Akorn more time to complete its own investigation, but that Akorn declined the offer. Fresenius disclosed its investigation, prompted by an anonymous tip, in February. It says it also intends to enforce its right under the "binding merger agreement". [Full Article...]