Nasdaq News

The Food and Drug Administration (FDA) is warning consumers about the marketing of unauthorized fraudulent in-home test kits designed for COVID-19, the disease caused by the new coronavirus. The FDA is worried about potential false-negative results from the kits. "They may keep

Amneal Pharmaceuticals (NYSE: AMRX) announced on Friday that it would be ramping up production of its malaria drug, hydroxychloroquine sulfate, for potential use in treating COVID-19 patient symptoms. The company estimates that it will be able to manufacture around 20 million ta

Despite what President Donald Trump said at a White House briefing on Thursday, the Food and Drug Administration (FDA) hasn't approved chloroquine and its less-potent-but-safer offspring, hydrochloroquine, to treat COVID-19, the disease caused by the new coronavirus.

Mainland China reported zero locally transmitted cases of the coronavirus for a third day running, while the daily log of infections involving travellers arriving from other countries continued to rise.

Chilean president Sebastian Pinera is under growing pressure to announce a national quarantine by opposition leaders, medical experts and local mayors, who have launched their own measures to try to curb the spread of the new coronavirus.

Image source: The Motley Fool.

Mainland China had 41 new confirmed cases of coronavirus infections on Friday, the country's National Health Commission said, up slightly from 39 cases a day earlier.

Coca-Cola's (NYSE: KO) stock wasn't particularly fizzy on Friday on the back of news that the company won't hit its guidance for this fiscal year. The consumer goods giant revealed this in a regulatory filing. Not surprisingly, the culprit is the SARS-CoV-2 coronavirus that cau

Aphria (NYSE: APHA) saw a pleasant bump in stock price at the end of the week following a recommendation upgrade from a top analyst who follows the company. On Thursday, Bank of America (NYSE: BAC) prognosticator Christopher Carey upped his view on the company to buy from the pr

There are no IPOs scheduled for the week ahead as the IPO market shutdown continues. Two SPACs may price on a day-to-day basis. Renaissance Capital will be releasing its 1Q20 Quarterly Reviews for both the US and the Global IPO markets. Our Quarterly Reviews provide an in-depth a

Boeing Co will cancel CEO pay, suspend its dividend and extend a pause on share buybacks, the U.S. planemaker said on Friday, as companies eager for government aid to curb fallout from the coronavirus face pressure to cut payouts to investors.

After markets closed on Friday, Delta Air Lines (NYSE: DAL) said its board has suspended dividend payments, as the company and the airline industry try to weather the severe travel slowdown caused by the COVID-19 coronavirus pandemic.

Wells Fargo & Co said on Friday it is suspending residential property foreclosure sales, evictions and involuntary automobile repossessions due to the coronavirus outbreak. The bank also said it is temporarily closing some branches, adjusting operating hours of other branches and relocating employees, while also increasing its charitable donations to $175 million.

Mason Jones knocked out Joe McColgan to be crowned Cage Warriors lightweight champion on Friday and with the coronavirus sweeping the globe, it may be some time before another title fight takes place in this or any other MMA promotion.

Groups representing major automakers and suppliers asked U.S. lawmakers on Friday to consider new tax relief and delay the start of a new trade deal as auto sales decline as a result of the coronavirus pandemic.

The IPO market showed little activity, with no launches or pricings. The silver lining for IPO investors is thatthe IPO market tends to outperform following a shutdown. A few filings are keeping IPO market alive, as a Chinese issuer, a biotech, and a SPAC submitted initial filing

Federal student loan borrowers have an opportunity to suspend payments — without incurring interest on them — for 60 days, the Department of Education announced Friday. This policy applies only to…

As Congress considers a coronavirus relief funding package for commercial airlines like American Airlines Group (NASDAQ: AAL) and Delta Air Lines (NYSE: DAL), private jet operators are hoping to get in on the action. The National Business Aviation Association, a group repre

CME Group Inc announced on Friday it had auctioned off the portfolios of clearing firm Ronin Capital, an apparent victim of the market turmoil in which U.S. stocks have plunged more than 30% from their peak.

U.S. State Department employees have complained about the U.S. ambassador to South Africa's failure to self-isolate immediately after returning from a U.S. visit when she attended a March 7 Mar-a-Lago event, some of whose attendees have tested positive for coronavirus, according to messages reviewed by Reuters.