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The FDA approves Allergan's (AGN) sNDA for the label expansion of its antibacterial medicine, Avycaz, to treat cUTI and cIAI in pediatric patients.
The RBA meeting minutes pinned back the Aussie Dollar early on, in spite of U.S Dollar weakness. Focus remains on Brexit and “the deal.”
Dubiousness Arise Over May’s winning in the third Meaningful vote; USDJPY settles neutral; Commodity-linked-CAD surge later the day
Does Trump’s America Have Space for 'Great' Companies?President Donald Trump Over the last couple of days, President Donald Trump has severely criticized the largest US automaker, General Motors (GM). In a series of tweets, Trump asked GM to either
Service Corporation International (NYSE:SCI) shareholders might be concerned after seeing the share price drop 15% in the last month. But that scarcely detracts from the really solid long term returnsRead More...
HCA Healthcare (HCA) to purchase the majority interest in Galen College of Nursing for boosting access to nursing education.
As ominous music plays in the background, the narrator of a radio ad warns that a Trump administration proposal to apply international pricing to certain Medicare drugs would be a nightmare for seniors. The one-minute spot is the handiwork of the Alliance for Patient Access, a nonprofit group that gives off a consumer-friendly vibe but is bankrolled by the powerful pharmaceutical industry. It's also closely aligned with a Washington lobbying and public relations firm, Woodberry Associates, whose president, Brian Kennedy, is the nonprofit's executive director.
There is only one report today in the U.S. the NAHB Housing Market Index is expected to come in at 63, up from 62. However, all eyes will be on the RBA minutes early Tuesday. After the initial reaction to the news, investors will shift their focus back to the U.S. Federal Reserve’s announcements on Wednesday at 1800 GMT.
It’s risk-on through the early part of the day, which sees the Dollar on the defensive once more, A light economic calendar put the FOMC in focus.
Based on last week’s close at .6846 and the two-sided price action, the direction of the NZD/USD this week is likely to be determined by trader reaction to the short-term pivot at .6831.
As far as the RBA is concerned. The minutes may clarify how many policymakers are in favor of a rate cut and how many are in favor of a rate hike. The market has already spoken, pricing in a rate cut for August.
The Pound was the leader of the pack, with a vote against a no-deal departure and a Brexit extension providing much-needed support.
Colgate (CL) increases quarterly dividend from 42 cents per share to 43 cents. The company is also progressing well with the Global Growth and Efficiency Program.
One simple way to benefit from the stock market is to buy an index fund. But if you choose individual stocks with prowess, you can make superior returns. For example,Read More...
Healthcare Realty's (HR) latest public offering of common stock will improve its financial flexibility and provide ample scope for deploying capital in accretive acquisitions.
Will the Uptrend in Procter & Gamble Stock Continue?(Continued from Prior Part)Analysts maintain a neutral outlook Procter & Gamble’s (PG) better-than-expected sales and earnings in the first half of fiscal 2019 have driven its stock