(RTTNews) - Struggling home furnishings retailer Pier 1 Imports Inc. said that it received approval from the U.S. Bankruptcy Court for the Eastern District of Virginia for the company's planned wind-down of operations.
Marijuana is still federally illegal in the U.S. -- but that isn't stopping the industry from growing. Currently, 11 states plus Washington, D.C., have legalized recreational marijuana, while 33 states and D.C. have legalized medical use.
Two of the biggest healthcare giants in the world didn't take very long to jump into the COVID-19 testing waters. Both Abbott Labs (NYSE: ABT) and Roche (OTC: RHHBY) quickly launched diagnostic tests for the novel coronavirus soon after the pandemic hit.
There's a lot of general financial advice circulating during the COVID-19 crisis. Boost your emergency fund. Don't take on new expenses. And leave your investments alone.
The global effort to slow the spread of COVID-19 has resulted in widespread economic shutdowns. That's not good news for industrial stocks, which tend to track along with economic growth. For long-term investors, however, economic weakness could actually be a good time to pick u
The stock market has recovered about two-thirds of the value it lost in the historic, coronavirus-induced plunge it took in late February and early March, leaving many investors with a case of whiplash and wondering how they missed the buying opportunities that were created as t
Facing economic uncertainties or prolonged downturns, investors typically seek the safe haven of defensive stocks. Large multinational pharmaceutical companies fall into this category. Illness does not know or care about economic conditions, causing individuals to seek treatment
Bankrolling your retirement usually entails many years of disciplined saving and investing. It may be difficult to stay the course during challenging times like these. That's why it's important to build around companies that have what it takes to stand the test of time. Walt Di
It's natural to have retirement concerns under normal circumstances, but during a pandemic, those worries can surely escalate. In fact, 69% of Americans in their 50s are more concerned about retirement today than they were a year ago, as per the May 2020 Simplywise Retirement Co
(RTTNews) - AbbVie (ABBV), in cooperation with Neurocrine Biosciences Inc. (NBIX), said that the U.S. Food and Drug Administration approved Oriahnn capsules, co-packaged for oral use, for the management of heavy menstrual bleeding associated with uterine leiomyomas (fibroids) in
(RTTNews) - Pfizer Inc. (PFE) said that its Phase 3 early breast cancer PALbociclib CoLlaborative Adjuvant trial is unlikely to show a statistically significant improvement in the primary endpoint of invasive disease-free survival. No unexpected new safety signals were observed
(RTTNews) - Leadership of Communications Workers of America District 9 has notified AT&T that CWA-represented employees have voted to ratify the West wireline agreement.
(RTTNews) - Eli Lilly and Co. (LLY) said that the U.S. Food and Drug Administration has approved Cyramza, in combination with erlotinib, for the first-line treatment of people with metastatic non-small cell lung cancer or NSCLC with epidermal growth factor receptor (EGFR) exon 1
On the back of mounting concerns about hydroxychloroquine's safety, global pharmaceutical major Sanofi (NASDAQ: SNY) has quit providing it to COVID-19 patients enrolled in its clinical trials for the drug. It has also put a temporary halt on recruiting new subjects for the resea
What happened
A pair of marijuana stocks, Tilray (NASDAQ: TLRY) and OrganiGram Holdings (NASDAQ: OGI), both dropped notably in price on Friday (by 5.2% and 7%, respectively).
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