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Consumer goods giant Procter & Gamble Co. (PG) announced Thursday that it has signed an agreement to acquire the Consumer Health business of German drug major Merck KGaA (MKGAY.PK) for a purchase price of approximately 3.4 billion euros. The company...

Proposals included in the Brazilian government's economic agenda, including those related to the privatization of state-owned power company Eletrobras, would unlikely have enough votes to be approved before October's elections, said the deputy speaker...

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President Donald Trump has expressed optimism about a planned summit with North Korean leader Kim Jong Un but indicated Wednesday he is willing to walk out of the meeting if the discussions are not "fruitful." Trump discussed the planned meeting with...

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Initial trading on U.S. Futures is giving an impression that Wall Street might open slightly higher on Friday. Asian shares finished mostly higher, while European shares are climbing higher.

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Rapper Kendrick Lamar has become the first non-classical or jazz artist to win the Pulitzer Prize for music. The Californian rapper won the prize for his album Damn, released in April 2017. The Pulitzer Prize Board considered him for "distinguished...

bitcoin-rising-041318.jpg Bitcoin, the top cryptocurrency, is holding above $8,000 Friday morning after it caught markets by surprise a day earlier by surging over $1,000 in less than 60 minutes to reach above that level for the first time in two weeks. The trading volume of Bitcoin also hit an hourly record of $1.2 billion on Thursday.
wallstreet-111914_13apr18.jpg Stocks are likely to move to the upside in early trading on Friday, adding to the gains posted in the previous session. The major index futures are currently pointing to a higher open for the markets, with the Dow futures up by 144 points.
citigroup-041318.jpg Citigroup Inc. (C) reported a profit for the first quarter 2018 that increased about 13 percent from last year, driven by the higher revenues and a lower effective tax rate, partially offset by higher expenses and cost of credit. Revenues increased 3%, driven by growth in both the Institutional Clients Group and Global Consumer Banking, partially offset by lower revenues in Corporate / Other.
coinsecure-hacked-041318.jpg Indian Crypto Exchange Coinsecure has lost 438 bitcoins worth about $3 million in what is alleged to be a hack by an insider to siphon out cryptocurrencies from the bitcoin wallet. "We regret to inform you that our Bitcoin funds have been exposed and seem to have been siphoned out to an address that is outside our control," said the exchange in a statement.
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trump3-041918.jpg President Donald Trump has expressed optimism about a planned summit with North Korean leader Kim Jong Un but indicated Wednesday he is willing to walk out of the meeting if the discussions are not "fruitful." Trump discussed the planned meeting with...
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tammy-duckworth-041918.jpg Senator Tammy Duckworth, D-Ill., gave birth to a baby daughter earlier this month, raising concerns that Senate rules could prevent her from doing her job while also caring for the newborn child. The Senate subsequently voted Wednesday to approve a...
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ico-moneyraising-041918.jpgAn unprecedented hike in fundraising via Initial Coin Offerings (ICOs) has been reported in the first quarter of 2018 than what was recorded in the previous year. The total ICO funding for last year was $5.5 billion, while in the first quarter of 2018 itself global ICOs raised $6.3 billion, which is 118 percent of the 2017 total, according to data collected by CoinDesk. However, a corresponding
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Despite strong gains in the IT space on good results and bonus announcement from Tata Conultancy Services, the Indian stock market ended flat on Friday, with a largely negative trend in global markets and speculation about a rate hike by RBI prompting investors to tread cautiously.
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Midstream energy company Kinder Morgan Inc. (KMI) has promoted CFO Kimberly Dang as President, along with several other management changes. Steven Kean will remain as the CEO, while Richard Kinder will continue as executive chairman, according to the company's statement. Dang joined Kinder Morgan...
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Cryptocurrencies kept rising Friday morning, extending the upward trend witnessed for most of the week. Recent data revealed that more money was made through initial coin offerings in the first quarter of this year than in the whole of last year. Elsewhere, a Japanese information technology conglomerate is set to demonstrate a next generation blockchain at a famous trade fair in Germany. Read More
Today's Daily Dose brings you news about Rigel Pharma's stock offering; FDA panel support for GW Pharma's New Drug Application for Epidiolex; FDA approval of expanded use of AstraZeneca's TAGRISSO and Argos' decision to pull the plug on its ADAPT phase III trial. Read More
The following are some of today's top gainers in the pharma/biotech sector. Read More
Hungarian Prime Minister Viktor Orban won a fourth term on Sunday, prevailing on an anti-immigration message to carry his country's biggest turnout election in years. With 93% of votes counted, Mr. Orban's Fidesz party looked likely to win 133 seats...
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fujitsu-iota-hannovermesse3-042018.jpg Fujitsu, the Japanese information technology conglomerate, is set to introduce IOTA, which it calls the next generation distributed ledger technology or blockchain, at the Hannover Messe trade fair in Germany this month. The trade fair, Germany's biggest, is set to take place between April 23-27. The show will host 6,500 exhibitors and 250,000 visitors.
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Economic Calendar
DateIndicatorPeriodCountry
04/20/18 7:30Official Foreign ReservesAPR 13 India
04/20/18 6:0PPI (M-o-M)MAR Latvia
04/20/18 6:0PPI (Y-o-Y)MAR Latvia
04/20/18 6:0PPI (M-o-M)MAR Ireland
04/20/18 6:0PPI (Y-o-Y)MAR Ireland
04/20/18 5:0CPI - EU Harmonised (M-o-M)MAR Iceland
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FDA Calendar
Event DateSymbolDrug NameEvent Name
07/06/18AKCAInotersenFDA decision on Inotersen for hereditary TTR amyloidosis (hATTR)
06/30/18DERMGlycopyrronium tosylate (NDA)FDA decision on Glycopyrronium tosylate for primary axillary hyperhidrosis
06/28/18MRKKEYTRUDA (sBLA)FDA decision on Keytruda for treatment of advanced cervical cancer
06/27/18GWPH, GWP.LEpidiolex (NDA)FDA decision on Epidiolex for treatment of seizures associated with Lennox-Gastaut syndrome and Dravet syndrome
06/25/18AKAOPlazomicin (NDA)FDA decision on Plazomicin for the treatment of complicated urinary tract infections, and bloodstream infections
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