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Google has been fined a hefty 2.42 billion euros or $2.7 billion by the European Commission for breaching EU antitrust rules. The Commission ruled that Google has abused its market dominance as a search engine by giving illegal advantage to its own comparison...


The European Central Bank will need to be prudent in withdrawing monetary stimulus as that can be done only gradually with the euro area still in need of considerable policy support to bring inflation back to target in a sustainable way, ECB President...


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...


The market is keenly waiting for Fed Chair Janet Yellen's discussion on global economic issues this afternoon. The 20-city S&P Corelogic Case-Shiller home price index is another major focus of the day. Asian stocks closed mixed, while European shares...


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...

wallstreet1-103112_20Jun17.jpg Stocks may show a lack of direction in early trading on Tuesday after ending the previous session notably higher. The major index futures are currently pointing to a roughly flat open for the markets, with the Dow futures down by just 3 points.
capitol-062017.jpg Senate Republicans plan to vote on their bill to repeal and replace Obamacare as soon as next week, although the results of a CBS News poll show the vast majority of Americans are unclear about what the legislation will do. Seventy-six percent of Americans said they have not heard enough about the GOP healthcare plan.
Trump-Podium-062017.jpg As voters head to the polls in the closely watched special House election in Georgia on Tuesday, President Donald Trump has continued to lash out at the Democratic candidate in the race. Trump attacked Democrat Jon Ossoff several times on Twitter,...
Megyn-Kelly-Alex-Jones-NBC-062017.jpg Megyn Kelly's controversial interview with conspiracy theorist radio host Alex Jones generated a lot of attention for the fact that it would be telecast, but ultimately failed to draw many viewers. This week's airing of "Sunday Night with Megyn Kelly" brought in an average of only 3.5 million viewers Sunday night, the lowest figure since the weekly news magazine telecast debuted three weeks ago.
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...
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.
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.
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."
U.K. shares recouped early losses to trade flat on Tuesday as miners advanced, helping investors shrug off mixed trading updates from Carpetright and Debenhams. Investors were also digesting the Bank of England's bi-annual Financial Stability Report accompanied by remarks by Governor Mark Carney. In...
Hedge fund billionaire Bill Ackman received a heavy verbal punch from former Vice President Joe Biden at a private dinner in Las Vegas last month. Ackman, the hedge fund manager popular for losing money on investments in Herbalife and Valeant, got into a verbal tussle with Biden after he made rude...
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.
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
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