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Walmart Inc. plans to relist its Japanese supermarket subsidiary Seiyu to the stock market, according to reports. The move gains relevance amid speculations that U.S. retail giant may exit the tough Japanese market. Walmart entered the Japanese market...

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New orders for U.S. manufactured durable goods unexpectedly showed another steep drop in the month of May, according to a report released by the Commerce Department on Wednesday. The Commerce Department said durable goods orders slumped by 1.3 percent...

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President Donald Trump has followed through on previously announced plans to impose new sanctions on Iran after an unmanned U.S. surveillance drone was recently shot down by Iranian forces. Trump told reporters at the White House on Monday that the...

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Following the steep drop seen over the course of the previous session, stocks are likely to move back to the upside in early trading on Wednesday. The major index futures are currently pointing to a higher open for the markets, with the Dow futures up...

wallstreet2_19jun19.jpg With traders reluctant to make significant moves ahead of the Federal Reserve's monetary policy announcement this afternoon, stocks are showing a lack of direction in morning trading on Wednesday. The choppy trading comes on the heels of the rally seen in the previous session.
reeses-take5-061919.jpg Hershey decided to replace its green and black label of Take 5 bar with new, attractive packaging. It will be marketed as Reese's peanut butter with a catchy orange wrapper. However, the ingredients will not change.
ecigarette-061919.jpg San Francisco is set to become the first city in the U.S. to block the sale of e-cigarettes. City supervisors voted unanimously on Tuesday to ban the sale and distribution of e-cigarettes in city limits as well as a ban on manufacturing of e-cigarettes on city property. There will be a final vote to enact the ordinance before it becomes law, that may take six to seven months.
odem-sait-061919.jpg Canada's Southern Alberta Institute of Technology will grant blockchain-based digital diplomas to more than 4,800 Class of 2019 graduating students along with their traditional paper formats. The virtual diplomas will be issued in partnership with blockchain-powered On-Demand Education Marketplace or ODEM.
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donald-trump3-113018_24jun19.jpg President Donald Trump has followed through on previously announced plans to impose new sanctions on Iran after an unmanned U.S. surveillance drone was recently shot down by Iranian forces. Trump told reporters at the White House on Monday that the U.S. does not seek conflict with Iran but said his administration will continue to increase pressure on Tehran.
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muelleragrees-jun26.jpg Former US special counsel Robert Mueller, who neither indicted nor cleared President Donald Trump in his report after investigating into Russian electoral interference, has agreed to testify publicly before US House committees on July 17. House Judiciary Committee Chair Jerrold Nadler and House Intelligence Committee Chair Adam Schiff announced that in response to a subpoena they issued Tuesday,
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reservebankofnewzealand-jun26.jpgThe New Zealand central bank left its key interest rate unchanged at a record low but hinted a rate cut over time to underpin subdued economic growth. The Monetary Policy Committee of Reserve Bank of New Zealand, on Wednesday, maintained the official cash rate at 1.50 percent. The decision came in line with expectations. The bank had last lowered the rate in May, by a quarter point.
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The major U.S. index futures are currently pointing to a higher opening on Wednesday following the steep drop seen over the course of the previous session. The upward momentum on Wall Street comes as comments from Treasury Secretary Steven Mnuchin have generated optimism about a potential U.S.-China...
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In the latest crackdown on illegal robocalls, which are automated telemarketing calls, the Federal Trade Commission or FTC along with the U.S. Department of Justice have blocked over one billion such calls. In the joint operation, named "Operation Call it Quits," the agencies took 94 actions targeting companies nationwide that are responsible for these illegal calls.
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Plouton Mining is planning to build North America's largest solar-powered Bitcoin mining farm in Western Mojave in California. It will feature 49 acres of solar panels capable of generating about 10 to 13 megawatts of electricity per day. The move will enable people to participate in the growing bitcoin economy in a sustainable and affordable way. Read More
So far this year, i.e, January to June, only 12 novel drugs have been approved compared to 20 during the same period last year. Now, let's take a look at the biotech stocks awaiting the U.S. regulatory decision in July. Read More
Eli Lilly and Company (LLY) said, in a a phase 3 double-blind, parallel arm study, higher investigational doses of Trulicity (dulaglutide) significantly reduced A1C from baseline in people with type 2 diabetes, compared to once-weekly Trulicity 1.5 mg... Read More
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Economic Calendar
DateIndicatorPeriodCountry
06/26/19 9:0Unemployment RateMAY Mexico
06/26/19 9:0CB Leading IndexMAY India
06/26/19 9:0CB Coincidence IndexMAY India
06/26/19 8:30Durable Goods Orders Ex. Transportation (M-o-M)MAY United States
06/26/19 8:30Durable Goods Orders Ex. Defense (M-o-M)MAY United States
06/26/19 8:30Durable Goods Orders (M-o-M)MAY United States
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FDA Calendar
Event DateSymbolDrug NameEvent Name
09/15/19AVDLAV001 (NDA)FDA decision on AV001 for Hospital product
09/13/19AIMTAR101 (BLA)FDA panel to review AR101 for Peanut Allergy
09/03/19CELGFedratinib (NDA)FDA decision on Fedratinib for myelofibrosis
09/02/19RHHBYTecentriq (sBLA)FDA decision on Tecentriq plus chemotherapy in metastatic non-squamous non-small cell lung cancer
08/25/19DSKYF.PKQuizartinib (NDA)FDA decision on Quizartinib for the treatment of adult patients with relapsed/refractory FLT3-ITD acute myeloid leukemia
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