Company Overview and News

Wall St bounces back, Fed expected to continue gradual rate hikes

ASX futures are down by 15 points, as Wall Street spent most of its day in the red — but managed to overcome its losses in the 11th hour.

Asian shares lower as canceled NKorea summit ups uncertainty

HONG KONG (AP) — Asian stock indexes were mostly lower Friday as investors factored in fresh geopolitical uncertainty following the abrupt cancellation of a meeting between the U.S. and North Korean leaders.

US justice department starts criminal probe into possible manipulation of bitcoin price

20h scmp
The US investigation is said to be focused on illegal practices that can influence prices – such as spoofing, or flooding the market with fake orders to trick other traders into buying or selling

U.S. Justice Department opens criminal probe into bitcoin manipulation

20h thestar
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Nasdaq Scales 52-Week High: Can it Sustain the Bull Run?

2018-05-23 zacks
Shares of Nasdaq Inc. (NDAQ - Free Report) hit a new 52-week high of $91.94 on May 22, banking on solid April volumes as well as strong first-quarter results. With about 0.9 million shares traded in the last session, the stock closed at $91.51, gaining 0.3%. Solid Q1 Results Nasdaq's bottom line of $1.24 outpaced the Zacks Consensus Estimate by 5.1% and improved 31% year over year on higher revenues, sturdy volumes, a lower tax incidence and solid market share.

Stocks slip after weak economic data from Europe

NEW YORK (AP) — U.S. stocks are falling Wednesday morning after a weak finish the day before, and energy and industrial companies are taking some of the worst losses. Investors are concerned about the European economy after a measure of business activity fell to an 18-month low in May. Target is sliding after big investments in its operations cut into its first-quarter profit while jewelry company Tiffany is climbing after a strong report.

Markets Right Now: Stocks open lower on Wall Street

The Dow Jones industrial average lost 108 points, or 0.4 percent, to 24,727. The Nasdaq composite fell 30 points, or 0.4 percent, to 7,348.

Dow opens more than 100 points lower amid Target earnings miss, China trade worries

2018-05-23 cnbc
U.S. stock index futures pointed to a lower open on Wednesday after retail giant Target reported earnings that missed expectations while trade talks with China remained uncertain after President Donald Trump said Tuesday he was "not satisfied"with the discussions.

Will pursue new types of financial listings: NYSE’s first woman prez

2018-05-23 thehindubusinessline
Stacey Cunningham, who is set to become the first woman president of the New York Stock Exchange, has said that she would pursue new types of financial listings and work to reverse the decline of international public offerings.

Asian shares fall amid worries over US-China trade, Koreas

TOKYO (AP) — Asian indexes mostly slipped Wednesday amid continuing worries about North Korea after the perk from the easing of U.S.-China trade tensions faded.

Business News Roundup, May 23

2018-05-22 sfgate
Intel, the biggest maker of computer processors, said it found another vulnerability related to the chip security flaws announced this year.

Business Highlights

WASHINGTON (AP) — The United States and China are working toward an agreement that would ease U.S. sanctions that were imposed on ZTE Corp. and let the Chinese telecommunications giant stay in business. President Donald Trump said Tuesday that the deal might require ZTE to revamp its board and to pay a fine of $1 billion or more. The ZTE talks occur after the U.S. and China over the weekend suspended plans to impose tariffs on as much as $200 billion in each other's goods, pulling back from the brink of a trade war.

US stocks edge higher as technology companies, banks rise

NEW YORK (AP) — Technology companies and banks are rising Tuesday morning as U.S. stocks head higher for the second day in a row. Automakers are climbing after China said it will reduce auto import duties, another sign the two powers are resolving some of their differences on trade. Chipmaker Micron Technology is surging after it said it will buy back $10 billion in stock.

Markets Right Now: US stocks open broadly higher

Stocks are opening broadly higher on Wall Street as the U.S. and China make more progress on defusing their trade tensions.

Stacey Cunningham set to become first woman to lead New York Stock Exchange - MarketWatch

2018-05-22 marketwatch
The New York Stock Exchange is set to get its first female leader in its 226-year history.

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Overview Heron is a commercial-stage biotechnology company focused on improving the lives of patients by developing best-in-class treatments that address some of the most important unmet patient needs. Heron Therapeutics is developing novel, patient-focused solutions that apply its innovative science and technologies to already approved pharmacological agents for patients suffering from cancer or pain. On August 9, 2016, its first commercial product, SUSTOL, was approved by the FDA. The company developed SUSTOL for the prevention of chemotherapy-induced nausea and vomiting (“CINV”). SUSTOL is indicated, in combination with other antiemetics, in adults for the prevention of acute and delayed nausea and vomiting associated with initial and repeat courses of moderately emetogenic chemotherapy (“MEC”) or anthracycline and cyclophosphamide (“AC”) combination chemotherapy regimens. The company commenced commercial sales of SUSTOL in the U.S. in October 2016. On November 9, 2017...

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ANTH: Anthera Pharmaceuticals Analysis and Research Report

2018-05-21 - Asif

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