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(Bloomberg Opinion) -- Russian opposition leaders rejoiced at the forced resignation of Bolivian President Evo Morales, while the Russian foreign ministry branded it an “orchestrated coup.” The interest in the drama playing out so far from Moscow is understandable, and not just because Morales had handed lucrative projects to Russian state companies. In 2024, President Vladimir Putin faces the same choice that Morales faced this year — to obey the constitutional term limit or to sweep it aside and try to keep power.Bolivia has a long history of military coups and aborted presidencies. Carlos Mesa, the current opposition leader, resigned after two years as president in 2005 amid mass protests. That paved the way for the first electoral victory of Morales in December of that year. The new president declared that power now belonged to the indigenous people of Bolivia and that the country’s natural resources would be nationalized — a decision that had been backed by a referendum held during...
Q1 2020 Lannett Company Inc Earnings Call...
Wall Street's main indexes were set to retreat at the open on Monday as comments by President Donald Trump dampened expectations around a U.S.-China trade deal, while escalating violence in Hong Kong added to investor worries. Hopes of a "phase one" deal to end the damaging 16-month trade war and largely upbeat corporate earnings have sparked a rally that helped the three major stock indexes close at record highs on Friday. Trade-sensitive stocks Caterpillar Inc, Advanced Micro Devices Inc, Micron Technology Inc and Intel Corp shed about 1% each in premarket trading....
Lipocine said Monday the FDA said "nay" for the third time for its Tlando, an oral testosterone replacement therapy for use in adult males for treating conditions associated with hypogonadism, which is a deficiency of endogenous testosterone. The complete response letter, or CRL, issued by the FDA signaling the application cannot be approved in the present form, pointed to one deficiency — the efficacy trial not meeting the three secondary endpoints for maximal testosterone concentration. Lipocine initially submitted the NDA for Tlando back in 2015, although the FDA shot down the application the very next year on the grounds that there were deficiencies related to the dosing algorithm for the label....
CBS Fires Producer Who Recorded Amy Robach Tape On Epstein Interview Spike But she’s not the leaker. Ashley Bianco, a 25-year old producer who formerly worked for Disney’s (NYSE:DIS) ABC, was fired by CBS (NYSE:CBS) this week after ABC falsely identified her as the leaker that released a video of ABC anchor Amy Robach complaining […]The post Market Weekend: CBS Fires Non-Leaker, Walgreens Deal, Hazy Aramco Details, China Inflation Up on Pork appeared first on Market Exclusive....
(Bloomberg Opinion) -- A dozen of the 658 pages in the just-published Saudi Aramco prospectus list the banks, law firms and consultancies midwifing this gargantuan IPO. Much further back, you will find the third-party certification of the company’s oil and gas reserves. Including the cover letter and two sets of signatures, this clocks in at 10 pages.If that strikes you as a tad unbalanced, consider the IPO of another state-owned energy behemoth, Rosneft Oil Co. PJSC. The third-party assessment of the Russian oil champion’s oil and gas reserves published in its 2006 prospectus runs to 135 pages, incorporating detailed field-by-field analysis of reserves, pricing and different scenarios. To be fair, Saudi Arabian Oil Co. has another 16 pages of more qualitative material on its upstream operations under the business-description section; on the other hand, that bit ran to more than 50 pages for Rosneft. True, Rosneft’s upstream business was a somewhat complicated affair...
While Hochschild Mining plc (LON:HOC) shareholders are probably generally happy, the stock hasn't had particularly......
