Fed Boss Warn Of More Risk For The Medium Term Despite Vaccine Progress
Fed Chairman Jerome Powell has spoken in Congress on Tuesday, along with Treasury Secretary Steven Mnuchin. In his prepared speech, Powell was cautiously optimistic, saying that “the recent news on the vaccine front is very positive for the medium term.” However, he stressed that “the increase in new cases of Covid-19, both at home and […]
U.S. Indices Fell On Monday But Overall Momentum Remained Up In November With Record Highs
The New York Stock Exchange dropped on Monday, but for the big indices, November ended up 10-12 percent, the strongest month since 1987. Thanks to the possibility of a coronavirus vaccine and the election of Joe Biden as president, albeit without a “blue wave” in Congress, the month was punctuated by historic records. Appreciating the […]
Aesthetic Medical International (AIH) revealed impressive earnings figures
The leading provider of aesthetic medical services in China, Aesthetic Medical International Holdings Group Limited, officially reported its unaudited financial results for the Q3 and nine months ended September 30, 2020. Fiscal results for the Q3 ended September 30, 2020 Net sales amounted to $41.4 million, an 18.2 percent rise from $36.19 million in the […]
AstraZeneca in defensive mode on Covid vaccine trials following U.S critics
Following the criticism from experts in the U.S., AstraZeneca defends the outcomes and methods used in their phase three vaccine trials, stressing the “best quality” were used and that additional research will be carried out. After concerns were raised about its vaccine candidate, AstraZeneca shares are down by about 6 percent this week, for which […]
SynBio Innovation Accelerator launched by Codexis (CDXS) and Casdin Capital
Codexis, Inc (NASDAQ: CDXS) and Casdin Capital announce the launch of SynBio Innovation Accelerator. The goal of this accelerator is to help to raise early-stage companies financially and by providing unique product development capabilities in the field of synthetic and industrial biotechnology. Casdin Capital pledge to invest $50 million into companies tied to the industry […]
Amazon Echo Buds getting new fitness tracking features
Amazon Echo Buds headphones are getting an update which would bring the fitness tracking features to the headphones as it was early reported by many sources. The new feature is estimated to be rolling out over the next couple of days, according to the company. The Echo Buds will be able to track the duration […]
Medley Capital Corporation (MCC) Board approve the new management structure
Medley Capital Corporation announced the restructuring of its management and the company said that the new structure will be effective from January 1, 2021. This new management structure will reportedly replace the current Investment Management and Administration Agreements with MCC Advisors LLC, which expires on December 31, 2020. The new management will be led by […]
Mary Tagliaferri, MD joins Enzo Biochem, Inc. (ENZ)’s Board
Enzo Biochem, Inc. (ENZ) appointed Mary Tagliaferri, MDappointed to the company’s Board of Directors effective immediately. The CEO and chairman of Enzo Biochem, Elazar Rabbani said that 2020 was a good year for the company with massive progress in advancing our business plan to achieveprofitability and we have set new goals for 2021. He further […]
Economic Indicators Are Falling, All Eyes On The Fed And Congress Now
Several economic indicators started to fall under these conditions, including consumer confidence at the beginning of November, spending in October, sales of credit cards and even restaurant attendance. Business focus in the United States is shifting to the Federal Reserve and the Congress once again. Prior to the November 3 election, which led to Joe […]
La-Z-Boy Incorporated (LZB) revenue surged in Fiscal Q2 2021 Results
The global leader on residential furniture, La-Z-Boy Incorporated (NYSE: LZB), announced positive operational performance for the second quarter of fiscal year 2021, ended Octobers 24, 2020. Consolidated revenues rose 2.7 percent to $459.1 million in the second quarter of fiscal2021, with high demand for all operating firms. Same-store sales rose 34 percent for the second quarter […]
