Bullish Biotech Stocks in News: AbbVie, Gilead Sciences Inc & Celgene Corp
AbbVie’s (ABBV) efforts to acquire Ireland-based Shire (SHPG) remains the top news in the biotech market segment. Meanwhile, Gilead Sciences Inc’s (GILD) hepatitis C drug made it to the news yet again thanks to its price tag. Also making it to the news is Clegene Corp. Let’s take a closer look at the three stocks. AbbVie, which has been looking to acquire Shire for a … Continue reading Bullish Biotech Stocks in News: AbbVie, Gilead Sciences Inc & Celgene Corp
1,000 Bitcoin ATMs’ Launch Planned by BitXatm
Germany-based digital currency bitcoin ATM and point-of-sale (POS) solution provider BitXatm has announced a new partnership that will find the company shipping 1,000 units to the US in a bid to build the country’s largest bitcoin ATM network.
For the initiative, BitXatm will partner with Los Angeles-based CryptVision, a startup that itself is seeking to build the largest network of bitcoin ATMs around the globe. As part of the deal, CryptVision will become the exclusive provider of BitXatms in the US and Canada.
The announcement follows BitXatm’s May upgrade to its Sumo Pro ATM product, and was issued at The North American Bitcoin Conference (TNABC), a two-day community event being held in downtown Chicago
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Sergey Yesayan, president of CryptVision, framed the move as one that will find the new company moving quickly to gain a foothold in the bitcoin market. “In terms of positioning our products all over the country, we’re planning to have most of them in place by the end of the year, and are looking for location partners in shopping malls, restaurants and night clubs”, he said in a statement.
Yesayan said that the bitcoin ATM units will be available for free to qualified operators, with the qualification process for operators beginning 25th July. CryptVision plans to treat the units as vending machines and manage the associated financial responsibilities and licensing.
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Apple Inc (NASDAQ AAPL) launches “Back to School” Program
Apple Inc (NASDAQ AAPL) has surged into news, ahead of others as they came up with an exquisite promotional plan to lure users in numbers. The idea is to lure students, teachers or parents who intend to buy AAPL devices and prefer spending bucks in the form of gift cards. The promotional offer started on Tuesday, July 1, 2014 and would pan out till September … Continue reading Apple Inc (NASDAQ AAPL) launches “Back to School” Program
Top News – Chesapeake (NYSE:CHK) , Tesla (NASDAQ:TSLA) , Federal Signal (NYSE:FSS) , Cara Therapeutics (NASDAQ:CARA) , Bankwell Financial (NASDAQ:BWFG)
Chesapeake Energy (NYSE:CHK)’s stock had its “hold” rating restated by stock analysts at Deutsche Bank in a report issued on Friday. They currently have a $33.00 price objective on the stock, up from their previous price objective of $31.00. Deutsche Bank’s target price indicates a potential upside of 22.22% from the company’s current price. Chesapeake Energy Corporation (NYSE:CHK) stock performance was 0.67% in last session … Continue reading Top News – Chesapeake (NYSE:CHK) , Tesla (NASDAQ:TSLA) , Federal Signal (NYSE:FSS) , Cara Therapeutics (NASDAQ:CARA) , Bankwell Financial (NASDAQ:BWFG)
Hot Stocks – Michael Kors (NYSE:KORS) , PepsiCo (NYSE:PEP) , Vista Gold (NYSEMKT:VGZ) , Cooper Tire (NYSE:CTB) , Attunity (NASDAQ:ATTU)
Michael Kors Holdings (NASDAQ:KORS) was upgraded by stock analysts at Scotiabank to a “strong-buy” rating in a report issued on Wednesday. Michael Kors Holdings Ltd (NYSE:KORS) stock performance was -0.98% in last session and finished the day at $81.06. Traded volume was 4.85million shares in the last session and the average volume of the stock remained 3.17million shares. Michael Kors Holdings Ltd (NYSE:KORS) insider ownership … Continue reading Hot Stocks – Michael Kors (NYSE:KORS) , PepsiCo (NYSE:PEP) , Vista Gold (NYSEMKT:VGZ) , Cooper Tire (NYSE:CTB) , Attunity (NASDAQ:ATTU)
Why Need to Watch – ON Semiconductor (NASDAQ:ONNN) , ARM (NASDAQ:ARMH) , Midway Gold (NYSEMKT:MDW) , Federal Realty (NYSE:FRT) , Aviat Networks (NASDAQ:AVNW)
Fujitsu Ltd. will sell two domestic semiconductor factories to foreign firms, as the Japanese electronics maker plans to pull out of chip production and concentrate on design and development, it was learned on Friday. The sale will involve Fujitsu plants in Kuwana, Mie Prefecture, and Aizuwakamatsu, Fukushima Prefecture. United Microelectronics Corp., a Taiwanese contract chip maker, will invest in the Kuwana plant, and On Semiconductor … Continue reading Why Need to Watch – ON Semiconductor (NASDAQ:ONNN) , ARM (NASDAQ:ARMH) , Midway Gold (NYSEMKT:MDW) , Federal Realty (NYSE:FRT) , Aviat Networks (NASDAQ:AVNW)
