Asian Markets Mostly Higher With Modest Gains

Asian Markets Mostly Higher With Modest Gains
Asian stock markets are mostly higher on Tuesday with markets attempting a rebound after recording losses in the previous session, despite the weak cues overnight from Wall Street and as investors shift focus to upcoming corporate earnings results. Nevertheless, gains are modest in most markets amid worries about higher oil prices following rising tensions between Saudi Arabia and the West... Read More

SNGX Flashes DMC Recommendation, LENS On Watch, IOVA Slumps

SNGX Flashes DMC Recommendation, LENS On Watch, IOVA Slumps
The following are some of the pharma/biotech stocks that posted the biggest percentage decline today. 1. Soligenix Inc. (SNGX) Lost 26.21% to close Monday’s (Oct.15) trading at $1.07. News: An independent Data Monitoring Committee has recommended that approximately 40 additional subjects be randomized into the Company’s phase III study for SGX301 in the treatment of cutaneous T-cell lymphoma, dubbed FLASH.... Read More

Krystal Bio Shines, CGC Hits Lifetime High, ANIX On Watch, CRON Gathers Steam

Krystal Bio Shines, CGC Hits Lifetime High, ANIX On Watch, CRON Gathers Steam
The following are some of today’s top gainers in the pharma/biotech sector. 1. Krystal Biotech Inc. (KRYS) Gained 27.55% to close Monday’s (Oct.15) trading at $20.00. News: The Company announced positive interim results from its ongoing placebo-controlled phase I/II clinical trial of KB103 to treat dystrophic epidermolysis bullosa, or DEB. DEB is an incurable, often fatal skin blistering condition caused... Read More

Microsoft co-founder Paul Allen dies at 65

Microsoft co-founder Paul Allen dies at 65
Paul Allen, the co-founder of Microsoft Corp. MSFT, -1.80% died Monday from complications of non-Hodgkin’s lymphoma. He was 65. “While most knew Paul Allen as a technologist and philanthropist, for us he was a much-loved brother and uncle, and an exceptional friend,” his sister, Jody Allen, said in a statement. Allen announced earlier this month that his cancer, which he... Read More

Facebook to ban false information on voting in U.S. midterm elections: report

Facebook to ban false information on voting in U.S. midterm elections: report
Facebook Inc. FB, -0.14% has embarked on another effort to curb voter manipulation, with executives telling Reuters that the company will ban misinformation about voting requirements and untrue reports of conditions at polling sites that could prevent people from showing up to vote, such as long poll lines or violence at polling stations, ahead of and during next month’s U.S.... Read More

Jeld-Wen shares drop following cut outlook, CFO departure

Jeld-Wen shares drop following cut outlook, CFO departure
Jeld-Wen Holding Inc. JELD, -0.19% shares dropped in the extended session Monday after the door and window maker cut its outlook and announced a new chief financial officer. Jeld-Wen shares fell 16% after hours, following a 0.2% decline to close the regular session at $21.31. The company said it expects adjusted third-quarter earnings before interest, tax, depreciation and amortization of... Read More

Stocks Fluctuate Before Closing Mostly Lower – U.S. Commentary

Stocks Fluctuate Before Closing Mostly Lower – U.S. Commentary
Stocks fluctuated over the course of the trading session on Monday following the rebound seen last Friday. After recovering from an early move to the downside, the major averages spent the day bouncing back and forth across the unchanged line. The major averages ended the day firmly in negative territory. The Dow fell 89.44 points or 0.4 percent to 25,250.55,... Read More