Novavax (NASDAQ: NVAX) announced on Monday that it plans to raise around $200 million through a private placement with RA Capital Management. An investment fund affiliated with RA Capital will purchase a quantity of Series A Convertible preferred stock from Novavax that is conve
The whole point of investing is to turn a little bit of money today into more money in the future. Doubling your money not only sounds like a great goal, but done enough times, it's enough to turn a small amount of cash into a fairly substantial nest egg. Doubled once, $1,000 tu
(RTTNews) - Stocks have climbed well off their worst levels of the day but remain mostly negative in mid-day trading on Monday. With the drop in the day, the major averages are extending the sharp pullback seen last week.
The WisdomTree Cloud Computing Fund ETF is seeing unusually high volume in afternoon trading Monday, with over 560,000 shares traded versus three month average volume of about 218,000. Shares of WCLD were up about 2.4% on the day.
South African telecoms firm Telkom said on Monday its earnings in the year to March may have fallen by as much as 70% due to one-off costs relating to job cuts and the impact of the coronavirus pandemic.
You’re not the only one with a tight budget. Millions of Americans are currently struggling with unemployment, lost hours and lowered wages. There’s little comfort in knowing that others are…
In trading on Monday, the MLP and Energy Infrastructure ETF is outperforming other ETFs, up about 2.7% on the day. Components of that ETF showing particular strength include shares of EQM Midstream Partners, up about 16.1% and shares of Antero Midstream, up about 12.2% on the
John Schneider and David Auten — also known as the Debt Free Guys — are personal finance authors and speakers who run a blog and host a podcast called Queer…
(RTTNews) - Shares of Net Element, Inc. (NETE) are surging almost 167 percent or $7.68 in Monday's morning trade at $12.28, after earlier touching a new 52-week high of $13.40.
(RTTNews) - Shares of Humanigen, Inc. (HGEN) are climbing more than 30% Monday morning after the clinical-stage biopharmaceutical company announced that its drug candidate lenzilumab showed rapid recovery and discharge in critical Covid-19 patients. The stock hit a new high of $
Life is good for Apple (NASDAQ: AAPL) investors these days: The consumer tech giant has once again inched past Microsoft (NASDAQ: MSFT) for the market cap crown. But some investors feel that Apple has gone too high, too soon.
Venezuelan President Nicolas Maduro's government on Monday is due to swear in a new national electoral council to oversee parliamentary elections later this year, though opposition leaders have denounced the process as another farce.
Chinese online classifieds 58.com Inc said on Monday it would be taken private by a consortium of investors, backed by private equity firms Warburg Pincus and General Atlantic, in a deal that valued the company at about $8.7 billion.
The competition between Microsoft (NASDAQ: MSFT) and International Business Machines (NYSE: IBM) is now a pairing of cloud titans. Microsoft elevated the head of its cloud division to CEO in 2014. IBM followed suit this past April.
United Airlines Holdings (NASDAQ: UAL) said Monday it has filed to sell up to 28 million shares of stock and is taking other steps to raise additional capital. The move, while dilutive to current shareholders, should give the airline about $17 billion in total liquidity by the e
(RTTNews) - 58.com Inc. (WUBA) has entered into a merger agreement with Quantum Bloom Group Ltd, for going-private transaction. Under the deal, 58.com will be acquired by a consortium of investors, in which the equity value of the company will be approximately $8.7 billion. As p
For most Americans, Social Security checks are one of the most important sources of income in retirement. Unfortunately, if you're turning 60 this year, your checks may be smaller than they would be if you hit this milestone birthday at any other time but in 2020.
Extraction Oil & Gas (NASDAQ: XOG) has filed for Chapter 11 bankruptcy. In doing so, the energy company joins a growing list of its peers that have filed for bankruptcy this year.