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TODAY'S TOP STORIES

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Dec13-up-121317.jpg The following are some of today's top gainers in the pharma/biotech sector.

Target-Shipt-121317.jpg Retail giant Target is buying Alabama-based delivery startup Shipt in a $550 million all-cash transaction. Retail giant Target Corp. (TGT) Wednesday said it has agreed to acquire Shipt Inc., a Alabama-based online same-day delivery startup for $550 million in cash. Target will leverage its network...

Amazon-SameDayDelivery-121317.jpg Amazon Wednesday announced it has expanded its free same-day delivery and free one-day shipping service to its Primes customers in thousands more markets across the U.S. Earlier, these services were available to Prime members in 5,000 cities and towns, however, the online retail giant has now expanded...

ShanghaiTower-121317.jpg Shanghai Tower, the world's second tallest building, opens in Shanghai after more than two years of delay. The 632-meter (2,073 ft) tower has now opened making it China's tallest building and the world's second tallest. The building cost $2 billion and is the most expensive building ever built...

wallstreet-111914_13Dec17.jpg After an early move to the upside, stocks remain mostly positive in mid-day trading on Wednesday. The upward move on the day has lifted the Dow and the S&P 500 reached new record intraday highs. Currently, the major averages remain in positive territory. The Dow is up 147.36 points or 0.6 percent...

ChamathPalihapitiya-121317.jpg Chamath Palihapitiya, a former Facebook executive, has spoken out about ill effects of the social network on society around the world. Palihapitiya said he feels "tremendous guilt" about the company he helped make. "I feel tremendous guilt. I think we all knew in the back of our minds even though...

wallstreet1-121214_13Dec17.jpg Following the mixed performance seen in the previous session, stocks have moved mostly higher in morning trading on Wednesday. With the upward move on the day, the Dow and the S&P 500 have reached new record intraday highs.

ethereum-121317.jpg Ethereum, the world's second most popular cryptocurrency, scaled new heights Wednesday. It surged by more than 20 percent in a day, and at 10.18 ET Wednesday morning it was trading at $729.77. The highest number of transactions - 872340 - were recorded on Tuesday, which might have encouraged traders...

Amex-MasterCrd-121217.jpg American Express Co. said that beginning in April 2018, card members will not be required to sign receipts for their credit card purchases. The company thus joins other major card companies such as Mastercard Inc. and Discover Financial Services Inc., who have previously announced similar changes.

Costco-MoviePass-Fandor-121217.jpg Costco members can now enjoy MoviePass subscription service and Fandor streaming service for $89.99. The subscription will be for one year. The offer will be available on Costco website for up to December 18. The annual subscription will offer access to Fandor's library of more than 5000 films and...

Consumerpriceindx-US-121317.jpg Consumer prices in the U.S. increased in line with economist estimates in the month of November, according to a report released by the Labor Department on Wednesday. The Labor Department said its consumer price index rose by 0.4 percent in November after inching up by 0.1 percent in October. The...

MarioDraghi-ECB-121317.jpg The European Central Bank is set to raise its growth forecasts on Thursday as the single currency economy gained momentum in a remarkably uneventful year, boosting policymakers' confidence as they gear up to trim asset purchases in January.

SpiritAirlines-121217.jpg A Houston woman has said that Spirit Airlines Inc. kicked her family off a flight Friday morning as she did not immediately stop breastfeeding her 2-year-old son. Mei Rui, a concert pianist and cancer researcher, said she was asked by flight attendants to stop breastfeeding her son and put him into his own seat for takeoff.

wallstreet-112414_13Dec17.jpg After ending the previous session mixed, stocks may continue to show a lack of direction in early trading on Wednesday. The major index futures are currently pointing to a modestly higher open, with the Dow futures up by 18 points. Traders may remain reluctant to make significant moves ahead of the...

Adobe-121317.jpg We believe that Adobe stock has more room to run, as the company is positioned on an accelerating growth trajectory, with compelling product innovations powered by Artificial Intelligence, and growing subscriptions for Adobe's Creative Cloud, and Experience Cloud platforms. Near-term weakness, if any, should be seen as a buying opportunity. We see at least 25% potential upside in the stock...

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