Amarin Corporation (AMRN) tumbled 17.7% after the company announced that the FDA’s Office of New Drugs (OND) denied the company’s appeal regarding the rescission of the Special Protocol Assessment (SPA) covering the phase III ANCHOR study on Vascepa. Vascepa has been available in the U.S. since Jan 2013 as an adjunct to diet to reduce…
PayPal has announced partnerships with the three largest payment processors in the bitcoin space – BitPay, Coinbase and GoCoin. Though the online e-commerce pioneer stopped short of integrating bitcoin into its digital wallet or payment processing services directly, the move marks PayPal’s first formal offering to the bitcoin community. In a blog post penned by…
Microsoft Corporation (NASDAQ MSFT) announced this week that it paid $2.5 billion to acquire Swedish gaming company Mojang, maker of the popular Minecraft game. Analysts are starting to weigh in on that deal, and those at Morgan Stanley think it’s a smart way for the company to use its offshore cash. Some investors may be…
Apple Inc (NASDAQ AAPL) should see a higher average selling price for the iPhone this year, thanks to a number of factors, according to analysts at Stifel. Also Cantor Fitzgerald analysts say Apple executed very well in the iPhone 6 and 6 Plus opening weekend—despite the odds stacked against it. Analysts continue to weigh in…
A conservative political group which Google Inc (NASDAQ GOOG) was supporting lost their support for “literally lying” about global warming, following a move by Microsoft Corporation (NASDAQ MSFT) in August to pull the plug on funding. Exit from ALEC also reveals attempts by tech giants to oppose U.S. government spying on citizens without a warrant….
Facebook Inc (NASDAQ FB) will launch a new online advertising service next week to help advertisers in targeting and measuring the impact of their commercials, which could help the company gain market share from Google, according to the Wall Street Journal. Facebook would introduce new feature to replace Cookies for tracking ad performance. According to…
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