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Nestle SA's (NSRGY, NSTR.L) shares were gaining around 4 percent in Zurich trading after billionaire activist investor Daniel Loeb's hedge fund Third Point LLC bought a $3.5 billion stake in the Swiss food giant. The acquisition of about 1.25% stake in...

New Zealand had a merchandise trade surplus of NZ$103 million in May, Statistics New Zealand said on Tuesday. That was shy of expectations for a surplus of NZ$419 million and down from the downwardly revised NZ$536 million a month earlier (originally...

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The U.S. Supreme Court has partially lifted an injunction against President Donald Trump's executive order banning immigration from six Muslim-majority countries. The White House had petitioned the U.S. Supreme Court to review lower court rulings blocking...

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Asian stocks turned in a mixed performance on Tuesday as investors looked ahead to Federal Reserve Chair Janet Yellen's speech later in the day for additional clues on whether the U.S. central bank will hike rates going forward. While a weaker yen...

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Johnny Depp's comment about assassinating the U.S. president has sparked controversy. Depp was introducing his 2004 movie "The Libertine" at the Glastonbury festival in the English county of Somerset, when he asked: "Can you bring Trump here?" As...

MarkCarney-062017.jpg The time is not right to begin raising interest rates, Bank of England Governor Mark Carney said on Tuesday, citing the weak wage growth and inflationary pressures."Given the mixed signals on consumer spending and business investment, and given the still subdued domestic inflationary pressures, in particular anaemic wage growth, now is not yet the time to begin that adjustment," Carney said.
wallstreet-062017.jpg The Current Account Deficit is the major data to be released today. Initial trading pattern in the U.S. Futures Index suggest that Wall Street might open modestly higher. Asian shares closed mostly lower, while European shares are trading in the green.
OttoWarmbier-062017.jpg An American student, whom North Korea released last week in a coma after 18 months of captivity, has died. Otto Wambier's death evoked widespread outrage and criticism in the United States. Describing North Korea as "a brutal regime," President Donald...
Tesla-China-062017.jpg Tesla Inc. is close to an agreement to produce electric cars in China for the first time, giving it better access to the world's largest auto market, Bloomberg reported, citing people familiar with the matter. An agreement with the city of Shanghai could come as soon as this week that would allow the electric car maker to build facilities in the Lingang development zone.
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Whitehouse-Ramdhan-062617.jpg The Donald Trump administration has broken decades-long White House tradition of celebrating Ramadan with Iftar dinner. The first presidential Iftar dinner, a meal on Eid al-Fitr, which marks the end of Ramadan, is said to have been hosted by Thomas...
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LorettaLynch-062317.jpg Leaders of the Senate Judiciary Committee revealed Friday they are seeking information about alleged political interference by then-Attorney General Loretta Lynch during the FBI's investigation of former Secretary of State Hillary Clinton's use of a private email server.
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Germanbusinessconf-062617.jpgGerman business confidence strengthened to a record high in June, breaking last month's record, as companies were more satisfied with their current situation amid improved outlook. The business confidence index rose unexpectedly to 115.1 in June from 114.6 in May, survey data from the Munich-based Ifo institute showed Monday.
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The USDA decision to completely suspend Brazil's imports of fresh meat, announced yesterday, raised market fears over the risk that other relevant buyers will halt the entry of Brazilian protein. The concern is due to the very short timespan between the nonconformities alleged by the Americans and investigations known as "Weak Meat Operation."
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German shares fell notably on Tuesday as a planned €4.1bn private equity takeover of drugmaker Stada proved unsuccessful and General Motors lowered its outlook for U.S. new vehicle sales in 2017. Investors also awaited comments from a slew of central bank officials, including Fed Chair Janet Yellen. The...
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We urge Investors to take advantage of the weakness in the shares of Applied Optoelectronics, Inc. (AAOI), as we believe the stock has at least 15% upside from current levels. The stock is down along with many of the stocks in the Fiber optical component universe with an exposure to China.
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June is certainly going to be busy month for the FDA, with over 10 drug candidates looking forward to knowing their fate. Let's take a look at some of the biotech stocks awaiting FDA decision in June. More
Sandoz, a division of Novartis (NVS), announced Tuesday that the European Commission has approved Erelzi (biosimilar etanercept) for use in Europe. Erelzi is approved for use in all indications of the reference medicine, Enbrel. Erelzi is approved... More
The latest data about Argentina's Gross Domestic Product shows that the Argentinean economy is doing well and that the severe effects of adjustments implemented by the Mauricio Macri administration are finally diminishing. However, Wells Fargo points out that the October's legislative elections threaten to disrupt Macri's reforms.
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Nintendo-SNES-062717.jpg Japanese game maker Nintendo announced its plans to launch Super NES Classic Edition, the standalone mini console, which will feature 21 pre-installed classic games. The Mini 16-Bit System is expected to hit the stores on September 29 for $79.99.
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Economic Calendar
DateIndicatorPeriodCountry
06/27/17 6:0CBI Distributive Trades ReportJUN UK
06/27/17 5:0Unemployment RateQ1 Malta
06/27/17 3:30PPI (M-o-M)MAY Sweden
06/27/17 3:30PPI (Y-o-Y)MAY Sweden
06/27/17 3:30ExportsMAY Sweden
06/27/17 3:30ImportsMAY Sweden
Complete Economic Calendar
FDA Calendar
Event DateSymbolDrug NameEvent Name
09/25/17IPCIRexista (NDA under 505(b)(2))FDA decision on Rexista Rexista™, an abuse- and alcohol-resistant, controlled-release oral oxycodone formulation
09/24/17BMYOpdivo (sBLA)FDA decision on Opdivo for use in patients with hepatocellular carcinoma after prior sorafenib therapy
09/22/17MRKKeytruda (sBLA)FDA decision on Keytruda for treatment of advanced gastric or gastroesophageal junction adenocarcinoma
09/14/17AMGNABP 215 (Biosimilar BLA)FDA decision on ABP 215, a biosimilar candidate to Roche's Avastin
09/03/17MYLMYL-1401O (BLA)FDA decision on MYL-1401O as a proposed biosimilar to Roche's Herceptin
Complete FDA Calendar