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Shares of Biogen Inc. (BIIB) are falling almost 28 percent in Thursday's trading after the company and Japanese drugmaker Eisai Co. Ltd. (ESALY.PK) said they will discontinue two late-stage trials for their experimental Alzheimer's drug, Aducanumab. The...

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Wholesale inventories in the U.S. increased by much more than anticipated in the month of January, according to a report released by the Commerce Department on Friday. The report said wholesale inventories surged up by 1.2 percent in January after...

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Amnesty International alleged that 14 civilians were killed in US drone strikes in Somalia, and demanded that US government carry out impartial, thorough investigations into "dramatically increased" air strikes in the impoverished northern African country. In...

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Following the rally seen in the previous session, stocks may give back ground in early trading on Friday. The major index futures are currently pointing to a lower open for the markets, with the Dow futures down by 171 points.

nasa-031519.jpg Three astronauts, two Americans and one Russian, reached safely at the International Space Station following a successful launch and docking of their Soyuz MS-12 spacecraft Thursday. The Soyuz spacecraft carrying Nick Hague and Christina Koch of NASA and Alexey Ovchinin of the Russian space agency Roscosmos was launched at 3:14 p.m. EDT (12:14 a.m. Friday local time) from the Baikonur Cosmodrome
wallstreet-aug21_15mar19.jpg Stocks have fluctuated over the course of the session on Friday but are mostly higher in mid-day trading. While the Dow briefly dipped below the unchanged line earlier in the session, the blue chip index has rejoined the Nasdaq and the S&P 500 in positive territory.
weeklyroundupcrypto-march15.jpg Bitcoin is trapped in a narrow trading range of $3800-$3900 as the past week saw bears dominating the situation, while the bulls continued to decrease in strength. It has been one of the steadiest weeks that Bitcoin passed through without much volatility in recent months. In the last 7 days the price of the leading cryptocurrency by market capitalization improved by more than $38, or 1 percent.
wallstreet2-061318_15mar19.jpg Stocks fluctuated early in the session but moved mostly higher over the course of the trading day on Friday. With the upward move on the day, the Nasdaq and the S&P 500 reached their best closing levels in five months.
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Canadian cannabis company Canopy Growth Corp. and Sequential Brands Group, Inc. said that television show host and entrepreneur Martha Stewart has joined the company in an advisory role to assist with development of hemp-derived cannabidiol or CBD products for people and animals. Sequential Brands is the consumer company that bought Martha Stewart Living Omnimedia in 2015.
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The major U.S. index futures are currently pointing to a lower opening on Friday, with stocks likely to give back ground following the rally seen in the previous session. Profit taking may contribute to initial weakness on Wall Street after the strong upward move seen on Thursday lifted the Nasdaq...
Singapore-based cryptocurrency exchange Huobi Global announced that its token sale platform will be launched next week. Huobi Global will officially launch "Huobi Prime" selective token listing channel on March 26. Huobi Prime enables purchases via its native Huobi Token (HT), and allows purchased tokens to be instantly traded in HT markets. Huobi Prime said it will offer its users investment o Read More
Alzheimer's is the 6th leading cause of death in the U.S., and there is no cure yet for this neurodegenerative disease. The available medications for Alzheimer's can only alleviate symptoms temporarily, and they don't work for everyone. Read More
Tyson Foods, Inc. (TSN) is recalling approximately 69,093 pounds of frozen, ready-to-eat chicken strip products due to possible extraneous material contamination, specifically pieces of metal. This problem was discovered when FSIS received two consumer complaints of extraneous material in the chicken strip products. Meanwhile, there have been no confirmed reports of adverse reactions. Read More
upsfundinvests-jan18_22mar19.jpg Logistics major United Parcel Service or UPS, is in deal with blockchain-for-business firm Inxeption to use an integrated blockchain-powered platform called Inxeption Zippy to streamline transactions and logistics from one secure dashboard. The platform is expected to help B2B merchants to become digital sellers, while customers can easily order and receive their products with shipping from UPS.
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Economic Calendar
DateIndicatorPeriodCountry
03/22/19 10:0Inventories (Y-o-Y)JAN United States
03/22/19 10:0Inventories (M-o-M)JAN United States
03/22/19 10:0Wholesale Sales (Y-o-Y)JAN United States
03/22/19 10:0Wholesale Sales (M-o-M)JAN United States
03/22/19 10:0Wholesale Inventories - Sales RatioJAN United States
03/22/19 10:0Existing Home Sales - PriceFEB United States
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FDA Calendar
Event DateSymbolDrug NameEvent Name
06/10/19MRKKEYTRUDA (sBLA)FDA decision on KEYTRUDA as Monotherapy or in combination with Chemotherapy
05/28/19NKTRNKTR-181 (NDA)FDA decision on NKTR-181 for chronic low back pain in adult patients new to opioid therapy
04/30/19HRTXHTX-011 (NDA)FDA decision on HTX-011 for the management of postoperative pain
04/30/19NBRVCONTEPO (NDA)FDA decision on CONTEPO IV for the treatment of complicated urinary tract infections
04/28/19SNYNF, SNYPraluent (sBLA)FDA decision to include the effect of Praluent in reducing overall risk of major adverse cardiovascular events
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