In the news on the Biotech Segment, we take a close look at three upcoming Biotech stocks in AbbVie, Bind Therapeutics & MannKind. Despite three rejections so far, AbbVie is reportedly still attempting to convince Shire and its major shareholders that a buyout is in their best interest. Per sources familiar with the dealings, AbbVie’s…
The National Assembly of Ecuador has effectively banned bitcoin and decentralized digital currencies while establishing guidelines for the creation of a new, state-run currency. With 91 votes in favor of the amendments to the country’s existing monetary and financial laws, the National Assembly approved a bill that now goes to President Rafael Correa for signature….
With the release of the Apple Inc (NASDAQ AAPL) iPhone 6 on the horizon, there has been a great deal of speculation about the pricing level at which Apple may choose to release its next flagship smartphone. There have been reports emanating from sources close to the company recently that Apple might have to do…
According to various Reports on the Wall Street, Google Inc (NASDAQ GOOG) has finalized a deal to acquire dominant game-streaming player Twitch. Sources close to the deal say the search giant has agreed to pay more than $1 billion for Twitch. The latest rumor has Google buying game-streamer Twitch for $1 billion. The source would…
Facebook Inc (NASDAQ FB)’s May 2012 IPO was not your average initial public offering. Not only was it a large IPO, it was Facebook, which meant almost everybody wanted a piece of the new offering. However, things went south fast. First, a major computer glitch hit the NASDAQ market system shortly after the shortly after…
In the news on the Biotech Segment, stocks remained majorly volatile. With the news in the biotech market segment being dominated by the likes of Abbvie (ABBV), who is trying to acquire Ireland-based Shire (SHPG), we take a look at the other stocks which were in the news and are looking positive: Amgen & Alexion….
