It’s been a tough couple of years for Amarin (NASDAQ:AMRN) and its shareholders. The company invested significant R&D funds and efforts to get Vascepa approved for the broad patient population and was rejected by the FDA on the grounds of using a surrogate endpoint in the trial. Amarin’s solution for this problem is the long-term REDUCE-IT trial, which should show that Vascepa as....More>>>
Late last month, as part of its annual shareholder meeting, Bank of America Corp (NYSE:BAC) made a presentation to attending owners of BAC stock. It was similar in tone, as well as topic, to its quarterly earnings presentations used during its earnings conference calls. Somehow, though, the annual meeting’s slide-deck was a little more enlightening, and much easier to wade through.
United Rentals (URI) tumbled to the bottom of the S&P 500 today after beating earnings forecasts but missing on revenue.
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United Rentalsdropped 5.2% to $113.24 today, while the S&P 500 rose 0.8% to 2,355.84
RBC’sSeth Weber and team explain why investors frowned on United Rentals’ earnings report:
Chinese banks in two cities are testing a custom-built digital currency developed by the Peoples Bank of China, according to information gleaned from local media reports and interviews with two individuals who are familiar with the central banks thinking.
The digital currency, known to the broader world as ChinaCoin, but officially referred to inside China as digital renminbi, or RMB, was....More>>>
LOS ANGELES The rebirth of the Alfa Romeo in the U.S. is finally starting to look real.
While the brands reintroduction has been delayed many times over in recent years, Fiat Chrysler Automobiles on Wednesday will pull the wraps off of the Alfa Romeo Stelvio its first SUV and the second major launch for the stylish and sporty Italian performance brand.
Despite its delayed American....More>>>