Skip to content
Novavax, Inc.'s (NASDAQ: NVAX) presentation at the International Society for Vaccines virtual congress Tuesday has increased Cantor Fitzgerald's confidence in its investigational coronavirus vaccine, codenamed NVX-CoV2373.The Novavax Analyst: Charles Duncan reiterated an Overweight rating and $148 price target for Novavax.The Novavax Thesis: Preclinical data detailed by Novavax at the congress were encouraging, Duncan said.The key new information, according to the analyst, was that cynomolgus macaques -- a non-human primate -- vaccinated with NVXCoV2373 and challenged with live virus showed lower levels of detectable viral loads in bronchoalveolar lavage samples compared to placebo animals.This suggested that the vaccine helps reduce viral replication/load.Benzinga is covering every angle of how the coronavirus affects the financial world. For daily updates, sign up for our coronavirus newsletter.The analyst also noted nasal swabs from infected macaques showed there is a several log reduction in viral load in the vaccinated group as compared to the placebo group."We continue...
(Bloomberg) -- For a soft-spoken and unfailingly polite figure, Judy Shelton is inspiring no shortage of fear in Washington right now, at least in certain circles.The libertarian think-tank veteran moved a step closer to joining the Federal Reserve’s Board of Governors when the Senate Banking Committee on Tuesday approved her nomination to that post by President Donald Trump. Unless four Republicans emerge to oppose her confirmation when it reaches the full Senate, she will soon have a seat, and a vote, on one of the world’s most powerful policy making bodies.So what’s all the fuss?In short, she’s viewed suspiciously by many in central banking circles for policy views that are well outside the mainstream -- including a history of admiration for the gold standard -- and for being a political loyalist who might bend to Trump’s will. Shelton appeared to abandon her long-time advocacy for ultra-tight monetary policy when she emerged...
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep......
Las Vegas Sands Corp. (NYSE:LVS) shareholders should be happy to see the share price up 17% in the last quarter. But......
FirstEnergy Corp. (NYSE: FE) shares crashed 23% on Wednesday after the company was subpoenaed in connection with an investigation surrounding Ohio House Bill 6. Ohio House Speaker Larry Householder was also arrested as part of a $60 million federal racketeering case related to the nuclear energy bailout law.Several analysts have weighed in on FirstEnergy shares following the investigation news.Voices From The Street: Wells Fargo analyst Neil Kalton said there's no question FirstEnergy is involved in a troubling sequence of events in Ohio. Kalton said the company is facing both financial risks and risks to its reputation, but the 20%-plus sell-off is likely an overreaction."We think the immediate share price reaction more than discounts the risks related to the bribery investigation," Kalton wrote in a note.KeyBanc analyst Sophie Karp said the FBI affidavit associated with the investigation does not name FirstEnergy and she doesn't believe it's currently looking to indict the company...
VANCOUVER, BC, July 22, 2020 /CNW/ - Fission 3.0 Corp. (the "Company") (TSX-V: FUU) is pleased to announce that it intends to complete a non-brokered private placement of up to 20,000,000 units (each a "Unit") at a price of $0.05 per Unit for gross proceeds of up to $1,000,000 (the "Private Placement"). Each Unit will be comprised of one common share and one common share purchase warrant (each a "Warrant"). Each Warrant is exercisable to purchase one common share of the Company at a price of $0.06 per share for a period of 24 months from the date of closing of the Private Placement....
