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California's insurance regulator has filed a lawsuit against AbbVie Inc. (ABBV) for allegedly giving illegal kickbacks to health care providers to prescribe its arthritis drug Humira. The lawsuit filed in Alameda County Superior Court by the California...

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The monetary policy assessment from Swiss National Bank is due on Thursday, headlining a light day for the European economic news. At 2.00 am ET, Switzerland's foreign trade data is due for August.

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President Donald Trump has said he would like to see Dr. Christine Blasey Ford testify regarding her sexual assault allegations against Supreme Court nominee Brett Kavanaugh but cast doubt on her accusations.

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European stocks may open higher on Thursday as optimism prevailed that the United States and China will eventually resolve their trade conflict. Asian markets are broadly higher and emerging market currencies held gains after Chinese Premier Li Keqiang...

After plunging to multi-month lows on Wednesday, Asian markets bounced back to end on a firm note on Thursday, with investors picking up stocks on reports that a fresh round of trade talks between the U.S. and China is likely in the near future.
finfracrypto-sept13.jpg The US Financial Industry Regulatory Authority or FINRA has charged broker Timothy Tilton Ayre, owner of Rocky Mountain Ayre, with fraud and unlawful distribution of an unregistered cryptocurrency security HempCoin. The agency, which operates as a non-governmental self-regulatory organization, said it is the first disciplinary action by FINRA involving cryptocurrencies.
ukpmgordon-sep13.jpg Former UK Prime Minister Gordon Brown warned on Wednesday that the world may be heading into another financial crisis as many big problems remain unresolved even after a decade since the market meltdown that led to the collapse of the investment banking behemoth Lehman Brothers. "We are in danger of sleepwalking into a future crisis," Brown said in an interview to the Guardian.
wallstreet-sept13.jpg Initial trading trends on U.S. Futures index suggest that Wall Street is poised to open positive on Thursday. The investors are looking head to Consumer Price Index for August and Jobless Claims for the week to be issued today. They are also closely watching the developments in U.S. and China trade war situation.
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donald-trump4-091918.jpg President Donald Trump has said he would like to see Dr. Christine Blasey Ford testify regarding her sexual assault allegations against Supreme Court nominee Brett Kavanaugh but cast doubt on her accusations.
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chuck-grassley-091918.jpg Responding to a letter from Dr. Christine Blasey Ford's attorneys, Senate Judiciary Committee Chairman Chuck Grassley, R-Iowa, claimed it is not the FBI's role to investigate the psychology professor's accusations of sexual assault by Supreme Court nominee Brett Kavanaugh.
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Indian markets remain closed today on account of Muharram. Local markets gave up earlier gains to end lower for the third day running on Wednesday as trade worries persisted on the global front and investors increased their bets that the RBI will increase interest rates at least two more times this...
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Danske Bank A/S's Chief Executive Thomas Borgen resigned on Wednesday after the Danish lender announced the results of an internal probe relating to a money-laundering scandal in its branch in Estonia that involved payments of about 200 billion euros. Danske Bank said its investigation covered about 15,000 customers and a total of around 9.5 million payments through the branch.
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Leading cryptocurrencies, Bitcoin and Ethereum, are trending down Wednesday morning, while some altcoins including Ripple, are rising. Overall cryptocurrency market capitalization was $198.37 billion and the Bitcoin dominance rate was 55.2 percent as of 10.55 am ET on CoinMarketCap. Read More
Today's Daily Dose brings you news about results from Allergan's clinical study evaluating higher doses of BOTOX Cosmetic; CEL-SCI's better capitalization, following exercise of warrants; Kiniksa's phase 1a/1b clinical trial of KPL-716 in moderate-to-severe atopic dermatitis, and FDA approval of Teva's preventive treatment of migraine. Read More
The following are some of the pharma/biotech stocks that posted the biggest percentage decline today. Read More
The UK economy will suffer substantial costs if the country leaves the European Union without a deal, the International Monetary Fund warned on Monday.
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verseon-blockchin-091918.jpg U.S.-based pharma company Verseon plans to use blockchain technology for drug development funding through tokenization of securities. The technology is developed by its unit, BlockRules Ltd. BlockRules' token platform supports the sale, launch, and trading of financial securities on a public blockchain.
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Economic Calendar
DateIndicatorPeriodCountry
09/20/18 3:30Interest Rate Decision- Switzerland
09/20/18 3:0Consumer Confidence IndexSEP Turkey
09/20/18 2:0Trade BalanceSEP Switzerland
09/20/18 2:0ImportsSEP Switzerland
09/20/18 2:0ExportsSEP Switzerland
09/20/18 2:0Consumer Confidence IndexSEP Denmark
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FDA Calendar
Event DateSymbolDrug NameEvent Name
12/19/18SAGEBrexanolone IV (NDA) FDA decision on Brexanolone IV for the treatment of postpartum depression
12/05/18RHHBYTECENTRIQ (sBLA)FDA decision on TECENTRIQ in combination with Avastin or bevacizumab, paclitaxel and carboplatin or chemotherapy for initial treatment of people with metastatic NSCLC
11/18/18AQSTAQST-119 (NDA)FDA decision on AQST-119 for erectile dysfunction
11/13/18TBPHYUPELRI (NDA) FDA decision on YUPELRI for moderate to very severe COPD
11/13/18MYLYUPELRI (NDA)FDA decision on YUPELRI for moderate to very severe COPD
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