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Financial Times: Capital Markets

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MarketWatch.com: Market Pulse

  • Fauci says coronavirus may be mutating to become more infectious

    Fauci says coronavirus may be mutating to become more infectious

    Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, said in an interview with the Journal of the American Medical Association on Thursday that the virus may be mutating to become more transmissible, with high vi…
    - 2 days ago, 3 Jul 20, 10:08am -
  • Gilead granted conditional approval for Covid-19 treatment remdesivir in Europe

    Gilead granted conditional approval for Covid-19 treatment remdesivir in Europe

    Gilead Sciences, Inc. on Friday said the European Commission has granted conditional marketing authorization for remdesivir, also known as veklury, as a treatment for Covid-19. The authorization was based on a rolling review of supporting data that…
    - 2 days ago, 3 Jul 20, 9:45am -
  • U.S. stock futures little changed headed into holiday weekend

    U.S. stock futures little changed headed into holiday weekend

    U.S. stock index futures were flat late Thursday, ahead of the Fourth of July holiday weekend. As of midnight Eastern, Dow Jones Industrial Average futures were down about 20 points, or 0.1%, while S&P 500 futures and Nasdaq-100 futures were off f…
    - 3 days ago, 3 Jul 20, 12:03am -
  • FedEx calls on Washington Redskins to change name

    FedEx calls on Washington Redskins to change name

    FedEx Corp. , which pays for naming rights to the Washington Redskins' stadium in Maryland, has asked the team to change its controversial name. "We have communicated to the team in Washington our request that they change the team name," FedEx said…
    - 3 days ago, 2 Jul 20, 6:30pm -
  • Delta Air amends revolving-credit line, term loan

    Delta Air amends revolving-credit line, term loan

    Delta Air Lines Inc. has amended its $2.65 billion revolving-credit line to extend it and turn into secured debt, it said in a filing Thursday. The newly amended instrument includes a $1.325 billion three-year facility, $1.25 billion of which Delta…
    - 3 days ago, 2 Jul 20, 6:00pm -
  • Tax software company Vertex files for initial public offering

    Tax software company Vertex files for initial public offering

    Vertex Inc. said late Thursday it plans to go public after 40 years as a private company. The King of Prussia, Penn.-based tax software company said it plans to raise up to $100 million in the offering, although that amount is usually used as a plac…
    - 3 days ago, 2 Jul 20, 5:00pm -
  • Regeneron, Sanofi halt trial for experimental coronavirus drug, shares fall

    Regeneron, Sanofi halt trial for experimental coronavirus drug, shares fall

    Shares of Regeneron Pharmaceuticals Inc. were down 2.4% and Sanofi's stock declined 1.7% in after-hours trading on Friday after the companies halted a Phase 3 clinical trial testing their rheumatoid arthritis drug Kevzara as a COVID-19 treatment. T…
    - 3 days ago, 2 Jul 20, 4:59pm -
  • Luckin Coffee board fails in attempt to oust chairman

    Luckin Coffee board fails in attempt to oust chairman

    Disgraced Chinese coffee chain Luckin Coffee Inc. disclosed Thursday afternoon that the board of directors' attempt to oust its chairman had failed. The board announced the previous Thursday that it would hold a vote to dismiss Charles Zhengyao Lu a…
    - 3 days ago, 2 Jul 20, 4:40pm -
  • Tesla stock ends at new record, tops $1,200

    Tesla stock ends at new record, tops $1,200

    Tesla Inc. shares rose 8% to close at a record $1,208.66 on Thursday, on the heels of better-than-expected second-quarter sales for the electric-car maker. It was the stock's third consecutive all-time high and fourth straight session in the black.…
    - 3 days ago, 2 Jul 20, 4:33pm -
  • Nasdaq closes at record for second straight session ahead of July 4th holiday

    Nasdaq closes at record for second straight session ahead of July 4th holiday

    U.S. stocks clung to their gains at the end of Thursday after a stronger-than-expected employment report confirmed the labor market's rapid recovery at the end of the second-quarter. Wall Street will be shuttered on Friday in honor of the Independenc…
    - 3 days ago, 2 Jul 20, 4:07pm -
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