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Shares of Hong Kong-listed Samsonite International S.A., the world's biggest luggage maker, tumbled almost 10 percent in Thursday's trading after a short seller issued a report saying that the company suffered from questionable accounting practices and...

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After reporting a bigger than expected increase in U.S. existing home sales in the previous month, the National Association of Realtors released a report on Thursday showing existing home sales pulled back by much more than expected in the month of April. NAR...

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US porn actress Stormy Daniels, who claims of an affair with President Donald Trump 12 years back, was given the keys to the California city of West Hollywood. The city, which was the epicenter of the Me Too Resistance movement, also proclaimed May...

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Stocks have moved notably lower in morning trading on Thursday following the rebound seen over the course of the previous session. The major averages have slid firmly into negative territory.

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Within one and a half years of leaving the White House, President Barack Obama and his wife Michelle are venturing into film production. The former President and First Lady have entered into a multi-year agreement to produce films and TV shows with...

wallstreet-112414_17may18.jpg After turning higher early in the session, stocks have given back some ground in recent trading on Thursday. The major averages have pulled back off their highs of the session, with the Dow slipping back into negative territory.
tesla-051718.jpg Investment banker Goldman Sachs says luxury electric car maker Tesla may require as much as $10 billion in fresh capital by 2020 to keep running its operations. The amount is needed from external capital raises and debt refinancing to fund its current...
uscapitol-051718.jpg Senate Majority Leader Mitch McConnell, R-Ken., is reportedly seriously considering canceling the chamber's August recess this year in order to give lawmakers more time to pass spending bills and confirm President Donald Trump's nominees.
Keith Ellison, congressman for Minnesota, on Wednesday released a study that found CEOs in the United States, on average, are paid 339 times more than their workers. Pay ratios of Fortune 500 companies range from 2:1 at the low end to nearly 5,000:1...
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donald-trump2-052418.jpg Accusing North Korea of displaying "tremendous anger and open hostility," President Donald Trump has called off the historic summit with the leader of the reclusive communist country. Trump sent a letter to North Korean leader Kim Jong Un on Thursday...
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ronald-d-vitiello-052318.jpg Three leading Republican Senators sent a letter to White House Chief of Staff John Kelly and Deputy Attorney General Rod Rosenstein expressing interest in attending a meeting related to claims a government informant was implanted within President Donald...
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germanygdp-051518.jpgGermany's economic growth halved as estimated in the first quarter on weak trade and government spending, detailed data from Destatis showed Thursday. Gross domestic product grew 0.3 percent sequentially, slower than the 0.6 percent expansion seen in the previous quarter. This was the weakest growth in more than a year and matched the provisional estimate published on May 15.
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A study conducted on mice by researchers of the University of Montreal, led by Jean-François Côté, have found a link between a certain protein called AXL and metastases in HER2-positive breast cancer.
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The Canadian stock market has been fluctuating between small gains and losses since the open of trade Thursday. Energy stocks are struggling this morning, due to a pullback in crude oil prices. Meanwhile, gold stocks are turning in a strong performance after the planned summit between the leaders of...
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German banking giant Deutsche Bank announced Thursday more than 7000 job cuts in its Equities Sales & Trading business, in its efforts to cut costs following weak trading performance. The company sees restructuring charges of up to 800 million euros in its 2018 results. Deutsche Bank shares were losing in German trading as well as on pre-market trading in NYSE.
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India may slap an 18 percent Goods and Services Tax on cryptocurrency trades, and Bitcoin and its peers could be treated as intangible goods similar to software, the business news outlet BloombergQuint reported, citing people familiar with the matter. The proposal comes even as there is uncertainty regarding the legal status of cryptocurrency in the country. Read More
Today's Daily Dose brings you news about Anika's accelerated share repurchase program; Esperion's phase III study results of bempedoic acid in patients with hypercholesterolemia; TherapeuticsMD and Teva's near-term catalysts. Read More
Sandoz, a Novartis (NVS) division, said Thursday that the European Commission has approved Zessly or infliximab for use in Europe. Zessly is approved for use in all indications of the reference medicine including rheumatoid arthritis, adult Crohn's... Read More
ddos2-02418.jpg DDoS is short for distributed denial of service. This is a form of cyber attack, common in the cryptocurrency and fintech world. In a DDoS attack, an army of zombie computers flood the targeted website or network with superfluous service requests.
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Economic Calendar
DateIndicatorPeriodCountry
05/24/18 10:30EIA Natural Gas Inventory (Cubic Feet)MAY 18 United States
05/24/18 10:0Existing Home Sales - InventoriesAPR United States
05/24/18 10:0Existing Home Sales - SalesAPR United States
05/24/18 10:0Existing Home Sales - PriceAPR United States
05/24/18 9:30CB Coincidence IndexAPR Eurozone
05/24/18 9:30CB Leading IndexAPR Eurozone
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FDA Calendar
Event DateSymbolDrug NameEvent Name
08/22/18MNKStannsoporfin (NDA)FDA decision on Stannsoporfin for treatment of neonates at risk for developing severe hyperbilirubinemia, or severe jaundice
08/16/18BMYOpdivo (sBLA)FDA decision on Opdivo for small cell lung cancer
08/13/18FOLDGalafold (NDA)FDA decision on Galafold for treatment of Fabry disease
08/11/18ALNYPatisiran (NDA)FDA decision on Patisiran for the treatment of hereditary ATTR (hATTR) amyloidosis
08/11/18ABUSPatisiran (NDA)FDA decision on Alnylam's Patisiran for hereditary ATTR (hATTR) amyloidosis
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