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Ash Barty and John Peers have fallen agonisingly short of advancing to a gold medal playoff in Tokyo. Find out more here.
Shares of Biogen (NASDAQ: BIIB) soared in June after the U.S. Food and Drug Administration (FDA) granted accelerated approval for the company's Alzheimer's drug, Aduhelm. Today, with the stock a lot closer to $300 than $400, it's clear that the excitement surrounding Biogen has cooled. Biogen is in a tough spot; it has reported soft sales numbers in its most recent quarters, and the many question marks surrounding Aduhelm -- and how many doctors may end up prescribing it -- only make it a riskier investment.
Shares of Repligen (NASDAQ: RGEN) were up by 14.8% this week as of the market close on Thursday. Repligen announced Q2 revenue of $163 million, up 86% year over year, and well above the consensus Wall Street estimate of $144.1 million. Its base business generated 66% of total revenue, and those sales increased by 35%.
Top news and what to watch in the markets on Friday, July 30, 2021.
DUBLIN, July 30, 2021--The "Contract Manufacturing of Medical Devices: Global Markets" report has been added to ResearchAndMarkets.com's offering.
Investing in China has always come with a special set of risks, but for most of modern history, investors have been able to ignore those as Chinese growth stocks have delivered. Suddenly, those risks, which include investing in a country where American standards of rule of law and investor protections are non-existent, are back in focus. The Chinese Communist Party wiped out nearly all the value in the for-profit education sector in that country when it said that tutoring companies like New Oriental Education Group and TAL Education Group would be barred from making profits, and that they would have to register as non-profit enterprises.
Linde , the world's largest industrial gas company, on Friday raised its full-year guidance for the second time this year, citing higher pricing and strong volumes across all segments as well as a rebound in its cyclical businesses. The U.S.-German group, a leading supplier of oxygen to hospitals worldwide during the COVID-19 pandemic, now expects adjusted earnings per share to rise 23-25% year-on-year, versus previous guidance for a 17-19% increase. While healthcare and electronics remained strong in the second quarter, cyclical segments such as manufacturing, metals, and chemicals and refining all also saw double-digit growth, the company said, helped by a post-lockdown economic rebound.
Dublin, July 30, 2021 (GLOBE NEWSWIRE) -- The "In-vitro Transcription Templates Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2030" report has been added to ResearchAndMarkets.com's offering. This report on the global in-vitro transcription templates market studies past as well as current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2020 to 2030. The report provides revenue of the gl
China will ramp up its scrutiny of online ride-hailing firms under plans to strengthen the protection of worker rights and require firms to amend any non-compliant operations, the Ministry of Transport said on Friday. The ministry said in a statement which did not name any companies that it had found that some ride-hailing firms were infringing driver rights while other platforms were disrupting fair competition in the market. Online ride-hailing firms with "illegal" operations will be required to put forth timetables and work plans on how they will expedite the removal of non-complaint vehicles and personnel, it said.
Federal Reserve Chair Jerome Powell's belief that the U.S. economy has "learned to handle" the coronavirus and won't be swamped in a fresh wave of infections or by rising inflation may get tested in coming weeks as schools reopen, supply chains remain clogged, and federal unemployment benefits wane. Data released on Thursday showed the risk ahead as the country navigates the transition from an economy dependent for the last year on federal government benefits to one where those emergency programs expire and private incomes take over. The economy returned to its pre-pandemic level of output in the second quarter, according to gross domestic product data released by the Commerce Department on Thursday, a rebound that came earlier than many expected.
Labour MP says cross-party group found 56 migrants packed in small room with mattresses
Thirty-seven-year-old had been walking solo through mountains on France’s border with Spain when she disappeared in November 2020
Weymouth is the smart set’s pick for kiss-me-quick British beach fun, says <strong>Abigail Blasi</strong>
When the curtain closes on 2021, it'll undoubtedly be remembered as the year retail investors rocked the boat. For more than six months, retail investors have been scouring Wall Street to look for the next short-squeeze candidate and find a stock they believe will "go to the moon." To find stocks ready for launch, retail investors have to look under the radar to find unique, fast-growing businesses.
Wests Tigers appear destined for a 10th straight NRL season out of the finals after their top-eight hopes were dealt a near-fatal blow with a horror second half against the Warriors.After the Tigers led 10-0 at the break in Brisbane, the Warriors scored three tries in the space of 16 minutes in the second half to claim an 18-16 win.
CALGARY, Alberta, July 30, 2021--High Tide Announces Addition to the Horizons Marijuana Life Sciences Index ETF (TSX: HMMJ) and Results of Annual General Meeting
Spotify (NYSE: SPOT) has invested heavily in podcast content and technology over the last few years. From content acquisitions and productions to building and acquiring the technology behind the creation, distribution, and monetization of podcasts, Spotify has its hands in nearly every aspect of the industry now. Podcast revenue increased more than sevenfold year over year in the second quarter, CEO Daniel Ek shared in his prepared remarks at the top of the earnings call.
‘I have had to change train carriages seven times to get away from it,’ one person says
Global shares tracked Asia lower on Friday but remained on course for their sixth straight month of gains as solid corporate earnings and central bank largesse kept sentiment intact, while the dollar held near a one-month low. In Europe, UniCredit, BNP Paribas and Eni saw profits rise on Friday. Bank of America analysts, however, said they had turned "neutral" on European equities after a 60% rally year-to-date, saying they expected the STOXX Europe 600 to remain close to current levels of 460 until early in the fourth quarter.
Europe’s economy has rebounded into growth in the second quarter