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Billionaires Recovered From COVID Pandemic, Recovery For Poor May Take A Decade: Report

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New COVID Cases Falling Across US Regions; Hospitalizations Lowest In 41 Days

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Biden Signs 10 Executive Orders To Move Quickly To Contain The Pandemic

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Kimberly-Clark Q4 Results Top Estimates; Boosts Dividend 6.5%

Kimberly-Clark Corp. (KMB) on Monday reported a profit for the fourth quarter that edged down from last year, hurt by higher expenses, despite 6 percent sales growth. Both adjusted earnings per share and net sales topped analysts' expectations. The...

Philips Stock Up On Higher Q4 Results, Dividend Proposal, Positive Outlook
Chocolatier Godiva To Close All US Stores; Online Sales To Continue
South Korea GDP Climbs 1.1% On Quarter In Q4

South Korea's gross domestic product expanded a seasonally adjusted 1.1 percent on quarter in the fourth quarter of 2020, the Bank of Korea said in Tuesday's advance estimate. That beat expectations for an increase of 0.7 percent following the 2.1...

South Korea GDP Data Due On Tuesday
New Zealand Services PMI Improves To 49.2 In December - BusinessNZ
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Biden Begins Presidency By Reversing Trump Policies

Within hours of assuming U.S. presidency, Joe Biden signed 15 executive orders undoing many of key Trump administration policies, including on climate change and immigration. They include order to rejoin the Paris climate agreement. Donald Trump had...

Trump Pardons 73, Commutes Sentences Of 70 Others
US Capital Under Tight Security Ahead Of Biden's Inauguration
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Asian Markets Mostly Lower Amid Cautious Trades

Asian stock markets are mostly lower on Tuesday amid reports of intensifying Republican opposition to President Joe Biden's proposed $1.9 trillion stimulus package and on worries of rising coronavirus cases around the world. Investors also turned cautious...

Mild Upside Seen For Thai Stock Market
Higher Open Called For Indonesia Stock Market
COVID-19: Drugs in Development
Asian Markets Mostly Lower Amid Cautious Trades
Apollo Global Management CEO Leon Black To Retire, But Will Remain Chairman
Nasdaq, S&P 500 Reach Record Closing Highs, Dow Posts Modest Loss
Nasdaq Jumps To New Record High, Dow Posting Modest Loss
Billionaires Recovered From COVID Pandemic, Recovery For Poor May Take A Decade: Report
Virginia Software Firm Employees Can Opt To Receive Part Of Salary In Cryptos
House-Autry Mills Recalls House-Autry Tartar Sauce
Futures Pointing To Mixed Open On Wall Street
Kimberly-Clark Q4 Results Top Estimates; Boosts Dividend 6.5%
Street Set To Open Broadly Higher
Top Stories

Asian Shares Rise Ahead Of Yellen Testimony

stockmarkets jan17 19jan21 Asian stocks ended broadly higher on Tuesday as optimism about vaccine rollouts and government stimulus offset concerns over the worldwide spread of the coronavirus. Investors looked to comments from U.S. Treasury Secretary nominee Janet Yellen on...

European Shares Mostly Higher On Growth Optimism

stockmarkets aug20 19jan21 European stocks were broadly higher on Tuesday, with optimism about China's economy and expectations of improved earnings helping underpin sentiment. Meanwhile, investors looked to comments from U.S. Treasury Secretary nominee Janet Yellen on U.S....

Pre-market Movers In Healthcare Sector: DBVT, ZOM, OBSV, BNGO, NVCN…

stockmarkets aug20 19jan21 What's moving these stocks in pre-market hours today?

German ZEW Economic Confidence Strengthens More Than Expected

germanyeconomic oct16 19jan21 German economic sentiment improved more-than-expected in January despite the uncertainty over the further course of the lockdown, survey data from the ZEW - Leibniz Centre for European Economic Research showed on Tuesday. The ZEW Indicator of Economic Sentiment climbed 6.8 points to 61.8 in January. The reading was above the expected level of 60.0.
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White House

Biden To Scuttle Trump Order To Lift Air Travel Restrictions From Europe, Brazil

airtravelrestrictions jan19 In one of his last actions as U.S. President, Donald Trump issued an executive order lifting travel restrictions for much of Europe and Brazil imposed to restrict coronavirus-infection from abroad. Trump ordered that restrictions on incoming travelers to the United States from the 26 European countries in the Schengen Zone, the UK, and Ireland, imposed in March 2020, will become ineffective on Ja
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Congress
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Economy
germanyifo july25 25jan21German business confidence deteriorated to a six-month low in January as the second wave of coronavirus brought the recovery to a halt, survey results from the Munich-based ifo Institute showed Monday. The business confidence index fell more-than-expected to 90.1 in January from revised 92.2 in the previous month. The score was forecast to drop moderately to 91.8.

European Economics Preview: Germany Ifo Business Confidence Data Due

U.S. Existing Home Sales Unexpectedly Climb 0.7% In December

UK Budget Deficit Surges On Covid-19 Support Schemes

Eurozone Private Sector Activity Decline Deepens In January

UK Private Sector Contracts Most Since May

European Economics Preview: UK Retail Sales, PSNB, PMI Data Due

ECB's Lagarde Says Downside Risks To Eurozone Growth Outlook Less Pronounced

Philly Fed Index Rebounds Much More Than Expected In January

U.S. Housing Starts, Building Permits Jump To 14-Year Highs In December

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Health

Billionaires Recovered From COVID Pandemic, Recovery For Poor May Take A Decade: Report

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The world's top 1,000 billionaires recovered from the effects of the coronavirus pandemic, but it will take at least a decade for the poorest to recoup, Oxfam International says in a study it conducted recently. The immediate effect of the pandemic could be that it will increase economic inequality in almost every country, the U.K.-based major nonprofit group said in its annual inequality report.
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Markets
Indian markets remain closed today on account of Republic Day celebrations. Benchmark indexes Sensex and the Nifty fell around 1 percent on Monday, while the rupee rose by three paise to close at 72.94 against the U.S. dollar. Asian stocks are trading mostly lower this morning after U.S. Senate...
Business
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Shares of Philips Electronics NV were gaining around 3 percent in Amsterdam trading after the Dutch consumer electronics giant reported Monday higher results in its fourth quarter. The company also proposed dividend, and said it sees growth in fiscal 2021 comparable sales and adjusted margin.
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Stock Alerts NEW

Stock Alert: Macerich Company Zooms 27%

Stock Alert: Spartan Acquisition Surges To New 52-week High

Stock Alert: LexinFintech Adds 20%; Co. Reaches 2020 Loan Origination Target.

Stock Alert: Express Jumps 76%

Stock Alert: Gilat Satellite Networks Touches New High After Successful ESA Technology Testing

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Latest Updates on COVID-19
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COVID-19: Drugs in Development
Cryptocurrency

Virginia Software Firm Employees Can Opt To Receive Part Of Salary In Cryptos

Sequoia Holdings LLC has begun offering employees the option to receive a portion of their salary in cryptocurrencies such as Bitcoin. This will enable crypto buffs in the software firm to invest part of their salaries in cryptocurrencies.Under the new program, Sequoia employees may elect to defer a portion of their salary into Bitcoin (BTC), Bitcoin Cash (BCH), or the Ether (ETH). Read More
FDA Monitor

Biotech Stocks Facing FDA Decision In January 2021

As 2020 draws to a close, it's time to take a look back at some of the regulatory news that made headlines in December and look ahead at what's in store for January 2021. As for the novel drug approvals, 53 drugs secured FDA nod in 2020 compared to 48 in 2019. Let's take a look at the biotech companies whose drugs are at the FDA altar awaiting a decision in January 2021. Read More
Biotechnology

Moderna Says COVID-19 Vaccine Retains Neutralizing Activity Against Emerging Coronavirus Strains

Moderna Inc. (MRNA) said Monday that results from in vitro neutralization studies of sera from individuals vaccinated with the company's COVID-19 vaccine, mRNA-1273, showed activity against emerging strains of SARS-CoV-2. Moderna noted that vaccination... Read More
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Economic Calendar
DateIndicatorPeriodCountry
01/26/21 M3 Money Supply (Y-o-Y)DEC Bulgaria
01/26/21 Retail Sales (Y-o-Y)NOV Mexico
01/26/21 Retail Sales (M-o-M)NOV Mexico
01/26/21 Trade BalanceNOV Philippines
01/26/21 ImportsNOV Philippines
01/26/21 ExportsNOV Philippines
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FDA Calendar
Event DateSymbolDrug NameEvent Name
04/26/21SLGLEpsolay topical cream (NDA)FDA decision on Epsolay for the treatment of inflammatory lesions of rosacea
04/13/21MRKKEYTRUDA (sBLA)FDA decision on KEYTRUDA for the first-line treatment of patients with locally advanced unresectable or metastatic carcinoma of the esophagus and gastroesophageal junction
04/07/21CMRXBrincidofovir (NDA)FDA decision on Brincidofovir as a medical countermeasure for smallpox
04/03/21ACADNUPLAZID (sNDA)FDA decision on NUPLAZID for the treatment of hallucinations and delusions associated with dementia-related psychosis
03/31/21AVEOTivozanib (NDA)FDA decision on Tivozanib treatment for relapsed or refractory renal cell carcinoma
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