Business News

video-streaming-032018-lg.jpgThe adoption of video streaming truly "crossed the chasm" in 2017 and fifty-five percent of American households now subscribe to at least one paid video streaming service, according to a new Deloitte survey. In its 12th annual digital media trends survey, Deloitte found that the percentage of American households subscribing to a video streaming service has risen to 55 percent in 2017.
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ARNA Soars After-hours, Remoxy Now 2 Steps Away From Approval, APLS On Watch

Today's Daily Dose brings you news about Arena Pharma's OASIS trial results; national reimbursement of Abbott's MitraClip in Japan; Apellis Pharma's upcoming clinical trial catalysts; aTyr Pharma's near-term catalyst; PDUFA date for Pfizer's Xtandi sNDA, and Pain Therapeutics' regulatory catalyst in June.
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Oracle Swings To Loss On Tax Charge, Revenues Miss Street

Business software giant Oracle Corp. (ORCL), Monday said it swung to a third-quarter loss after taking a $6.9 billion charge related to the new U.S. tax law. Revenues for the quarter grew 6 percent reflecting strong growth in cloud revenues. Adjusted earnings for the quarter trumped Wall Street estimates,...
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Morgan Stanley Warns Bitcoin Unfolding 15 Times Faster Than Nasdaq's 2000 Crash

Bitcoin is unwinding in a similar fashion to the Nasdaq during the dotcom bubble nearly two decades ago, but the pace is 15 times faster, global investment firm Morgan Stanley said. The firm's strategist Sheena Shah said in a client note that the Nasdaq in 2000 and Bitcoin now, both rallied 250 to 280 percent during their peaks ahead of a market downturn.
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STADA: Domination And Profit And Loss Transfer Deal With Nidda Takes Effect

STADA Arzneimittel AG (STDAY.PK, STDAF.PK) said that the domination and profit and loss transfer agreement or DPLA between Nidda Healthcare GmbH as the controlling company and STADA as the dependent company was entered into the company's commercial register at the District Court of Frankfurt on March...
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MediWound Ltd. (MDWD) Has Climbed To A 5-Month High On Q4 Results

MediWound Ltd. (MDWD) reported a fourth quarter loss of $0.09 per share after the bell Monday, which was unchanged from the year ago period. MediWound gapped up at the open Tuesday and has continued to rise in early trade. The stock is now up 0.47 at $5.15 and has broken out to a 5-month high.
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IPO Watch: Let's Weigh Zscaler

Silicon valley tech unicorn Zscaler is expected to price its initial public offering on Thursday and will debut on the Nasdaq on Friday morning. On Tuesday, Zscaler had increased is expected IPO price range to 13 to 15 a share, up from 10 to 12 a share. It also increased the amount of shares being...
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Humana To Present At Oppenheimer Conference; Webcast At 10:55 AM ET

Humana Inc (HUM) will present at the Oppenheimer Healthcare Conference. The event is scheduled to begin at 10:55 AM ET on March 20, 2018. To access the live webcast, log on to https://humana.gcs-web.com/events-and-presentations/upcoming-events
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