Biotech Stocks Back Up High : Analysis
Biotech is back. This spring, biotech stocks collapsed. The Nasdaq Biotechnology Index tumbled 22% in about six weeks, inflicting huge losses on hedge funds and other investors, including holders of a popular exchange-traded fund known for its ticker “IBB,” the iShares Nasdaq Biotechnology ETF , which has about $5.5 billion in assets. So far in August, the Nasdaq Biotechnology Index is up 10%. That puts … Continue reading Biotech Stocks Back Up High : Analysis
Watch 2014 Vuelta a España Live Stream + Online Video Highlights of Stage 10
Almost at halfway point, the Vuelta heads to Borja for stage 10! Cycling fans can watch the 2014 Vuelta a España Live Stream from the US, the UK and all over the world. The 2014 Vuelta a España will be available on the Internet thanks to links to live streams provided below and on national TV channels. If you miss the live stream for any stage, … Continue reading Watch 2014 Vuelta a España Live Stream + Online Video Highlights of Stage 10
Watch 2014 US Open Live Stream : Tennis Online Video + Highlights and TV Schedule of Day 8
The US Open returns for day 8 with plenty of tennis games in store for tennis fans worldwide! Tennis fans can watch the 2014 US Open via live stream on TV or online, thanks to links provided below. More information about how you can watch the 2014 US Open can be found in this article. After each match, you can also watch the highlights thanks to the … Continue reading Watch 2014 US Open Live Stream : Tennis Online Video + Highlights and TV Schedule of Day 8
Biotech News: Regado Slumps Low Due to Poor Test Results
Regado Biosciences, Inc (RGDO) announced that it is permanently terminating the enrollment process for its phase III REGULATE-PCI study on Revolixys Kit. Regado’s shares tumbled over 60% on the news. Regado was dealt a severe blow with the Data and Safety Monitoring Board for a late-stage study recommending the permanent termination of patient enrolment. The phase III study was a part of the company’s lead … Continue reading Biotech News: Regado Slumps Low Due to Poor Test Results
Bitcoin News: UAE Gets First Bitcoin Exchange
Multinational bitcoin exchange igot will today launch the first bitcoin exchange in the United Arab Emirates (UAE), to capitalize on the unique opportunity posed by the market.
The Australia-based company’s founder Rick Day told the new exchange will operate with a Commercial Brokerage License, approved by the local government. It has also secured local banking partners for direct deposits and withdrawals in UAE dirhams (AED).
Igot has hired a small team for business development and customer support for its Dubai office. Day added that igot will continue to offer the same flat 1% trading fee to all its customers worldwide, with no additional fees for deposits or withdrawals in either bitcoin or fiat currencies.
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The exchange is aimed more at consumers than professional traders, with a simple buy-sell interface. However, it recently implemented a feature called ‘Future Trade’ which functions like limit orders on a more advanced exchange, giving customers the option to set their price and wait for bitcoin’s value to rise or fall to that level before executing the trade.
As well as bank access, igot is also working with local payment processors to give users more options in the coming months. As well as having a concentration of high net-worth individuals among its citizens, about 60% of the UAE’s workforce consists of expat Indian workers, both professional and manual, who often send their money back home.
In fact, foreign citizens make up a staggering 91% of the UAE’s population of 9.2 million, with 1 million Indians representing the country’s largest overall group. Day said that, given that India is currently igot’s largest market outside Australia, its presence in the UAE puts the company in a very interesting position. “Our strategy to expand igot is based on a pairing system. India is one of our best performing markets. In terms of trade volumes, I think we’re the biggest local exchange there. Indians sent $70bn home in 2012.”
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Microsoft MSFT Stock Update: Microsoft & Samsung Battle Out for Patent Fees
Microsoft Corporation (NASDAQ MSFT) is suing Samsung for failure to fully pay all patent licensing fees relating to the Korean tech giant’s line of Android smartphones. Samsung only issued a very brief statement: “We will review the complaint in detail and determine appropriate measures in response.” Microsoft Corporation (NASDAQ MSFT) and Samsung have a long-standing partnership relating to the Korean firm’s license to sell of … Continue reading Microsoft MSFT Stock Update: Microsoft & Samsung Battle Out for Patent Fees