It was a busy week for the biotech sector with quite a few regulatory and other pipeline updates. While coronavirus-related news continues to grab headlines, other regulatory events and pipeline news were also in the spotlight.Recap of the Week’s Most Important Stories:
The U.S. economic recovery continued to advance at a slow pace over the past week, with signs that businesses were still rehiring workers but also that a gusher of government assistance earlier in the year may have run its course.
National Grid Transco, PLC NGG set a target to reduce emissions for the electricity and gas it sells to its customers. The utility aims to lower Scope 3 or indirect emissions by 20% within 2030.According to the World Resources Institute, indirect emissions make up the majority o
Galapagos NV GLPG announced that it has dosed the first patient in the phase I CALOSOMA study evaluating its Toledo compound GLPG3970 for the treatment of psoriasis. The double-blind, placebo-controlled study is examining the safety, tolerability, PK and PD of GLPG3970 in single
Marsh & McLennan Companies, Inc. MMC has been in investors' good books on the back of its strategic initiatives, which led to its business expansion.It retained investors' favorable sentiment by maintaining its beat streak in all the last four quarters, the average being 8.3
In a securities filing, Petroleo Brasileiro S.A. or Petrobras PBR recently expressed its intentions to spend $6 billion on dismantling 18 offshore platforms, underwater gas pipelines and offshore wells through 2024.
While the Zacks Medical-Hospital industry was at the receiving end of the coronavirus pandemic, which caused a decline in elective procedures and consequently, dried up the revenues, federal dollars came to the industry’s rescue to minimize its damages to a certain extent..Now
U.S. airlines face a winter test of their finances and question marks over the reach of their domestic flight networks after failing, for now, to win fresh federal aid.
Microsoft MSFT recently announced that Electronic Arts’ EA EA Play service will be available to Xbox Game Pass Ultimate users from Nov 10 at no extra cost. Early in September, Microsoft had collaborated with Electronic Arts to bundle the latter’s subscription service with it
PepsiCo, Inc. PEP has reported strong third-quarter 2020 results, wherein earnings and sales surpassed estimates and improved year over year as well. Despite continued challenges related to the coronavirus pandemic, the company’s robust third quarter performance was backed by
Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all.
Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. However, it isn't easy to find a great growth stock.
Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a great growth stock is not easy at all.
Conagra Brands, Inc. CAG posted robust first-quarter fiscal 2021 results, with the top and the bottom line surging year over year and beating the Zacks Consensus Estimate. Results were backed by increased organic sales, which in turn benefited from higher at-home consumption dri
Rollins, Inc. ROL performed impressively on a year-to-date basis and has the potential to sustain the momentum going forward. Therefore, if you have not taken advantage of the share-price appreciation yet, it’s time you add the stock to your portfolio.
Disney DIS recently rolled out the GroupWatch feature for Disney+ streaming services in the United States, per Verge Report. The feature was previously launched with a test version in Canada on Sep 10 and in Australia and New Zealand on Sep 18. The feature is expected to expand
Wall Street expects a year-over-year decline in earnings on lower revenues when Acuity Brands (AYI) reports results for the quarter ended August 2020. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could i
Wall Street expects a year-over-year increase in earnings on higher revenues when Domino's Pizza (DPZ) reports results for the quarter ended September 2020. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that c
The market expects Helen of Troy (HELE) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended August 2020. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful fac