Merck to move COVID-19 treatment into large trials, sees sales recovering this year

Why Chegg (CHGG) Stock is a Compelling Investment Case

Brown Advisory recently released its Q2 2020 Investor Letter, a copy of which you can download here. The Small-Cap Growth Fund posted a return of 34.59% for the quarter, outperforming its benchmark, the Russell 2000 Growth Index which returned 30.59% in the same quarter. You should check out Brown Advisory’s top 5 stock picks for […]...

Noble Corp. Files for Bankruptcy to Erase Its $3.4 Billion Debt

(Bloomberg) -- Noble Corp., the offshore drilling contractor, filed for bankruptcy after the crash in crude prices made undersea oil wells too expensive to compete.The Chapter 11 filing in Texas envisions eliminating all of the company’s borrowings -- more than $3.4 billion -- by swapping debt for equity, the company said in a statement. Bondholders have agreed to invest $200 million of new capital through second lien notes, and Noble has lined up a $675 million secured revolving credit facility.Noble is one of the biggest owners of offshore rigs, and it failed to cope with a glut of floating drilling capacity that was a decade in the making, as exploration companies shifted focus to cheaper inland shale. The plunge in crude prices made any near-term recovery in offshore drilling even less probable. Noble adds to the more than 200 oilpatch bankruptcies dating from 2015.For more articles like this, please visit us...

Why Nikola Stock Is Still in Tesla’s Blind Spot

Within the electric vehicle space, few if any competitors not named Tesla (NASDAQ:TSLA) have generated as much discussion - and hot debate - as newcomer Nikola (NASDAQ:NKLA). With the company's Badger pickup truck - which will offer electric and hydrogen-electric powertrains - it theoretically represents a viable challenge to Tesla's dominance. However, "theoretically" is the operative word here. As you can tell, Nikola stock has come down a long way from its peak.Source: Stephanie L Sanchez / Shutterstock.com No doubt, this led to many criticizing the upstart organization. While the Nikola Badger is a looker in my opinion, its more concept than reality. In contrast, look at Tesla. Depending on what day it is and Wall Street's mood at the time, it's either the biggest automaker in the world or running a close second.And that, as TSLA bulls will remind you, is justified. Tesla has several production cars, manufacturing facilities and...