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UPS: Can New CEO Improve Profit Margins in B2C Segment? Analyst Weighs In

Unlike other industries, the coronavirus’ impact on parcel delivery services has been more nuanced. The drop in volume for the traditionally more profitable …

Hewlett Packard To Buy Silver Peak For $925M To Boost Cloud Solutions

Hewlett Packard Enterprise (HPE) has entered into an agreement to acquire Silver Peak, a software-defined wide area network (SD-WAN) company, to boost its …

ElectroCore Pops 160% On FDA Nod For Covid-19 Asthma Device

Shares in ElectroCore, Inc. (ECOR) more than doubled after the U.

Google To Invest $10 Billion For Digital Push In India

Alphabet Inc’s Google (GOOGL) announced on Monday that it will invest about $10 billion into India over the next 5-7 years through a …

Pfizer, BioNTech Score Fast Track Status For Covid-19 Vaccine Candidates

Pfizer Inc (PFE) and BioNTech SE (BNTX) have announced that two of the companies’ four investigational Covid-19 vaccine candidates from their BNT162 mRNA-based vaccine …

Disney World Cautiously Reopens; Analyst Optimistic On Outlook

Walt Disney Co. (DIS) reopened its popular theme park, Disney World on July 10 after closing nearly four months ago as a result …

Equillium Explodes 260% On Positive Covid-19 Results; India Approval

Shares in biotech Equillium (EQ) have almost tripled in Monday’s pre-market trading after the company announced that a clinical trial conducted in India by its …

Alibaba Co-Founder Jack Ma Reduces Stake To 4.8%

Alibaba Group Holding Ltd.’s (BABA) co-founder Jack Ma has reduced his stake in the Chinese e-commerce giant to 4.

South Korea: 1 in 3 Covid-19 Patients Improved With Gilead’s Remdesivir

According to health authorities in South Korea, one third of seriously ill Covid-19 patients showed an improvement in their condition after being treated …

Amgen Pours A Further $421M Into China’s BeiGene

Amgen (AMGN) has announced an additional investment of approximately $421 million in BeiGene’s (BGNE) registered direct offering of ordinary shares. This investment maintains Amgen’s current …

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