by Market Updates and Alerts SIGA RECEIVES FDA APPROVAL FOR IV TPOXX IN THE US Siga Technologies Inc. (NASDAQ: SIGA) was up 43.35% after announcing the FDA had approved its intravenous (IV) TPOXX formula for smallpox treatment. The formulation is a vital alternative for those that cannot ingest then oral TPOXX capsules. Oral TPOXX is currently authorized in Europe, the US, and Canada for...
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Major US futures started the day up more than 1%, while the European Stoxx 600 was up 1.5%; oil on the rise with prospects for increased demand US AND EUROPEAN MARKETS UP ON BACK OF ‘ECONOMY-BOOSTING’ INTEREST RATES IN CHINA Investors return to equities and lift both European markets and US index futures contracts. This time, China is helping to lift spirits up. Futures pegged to the...
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CREDIT ACCEPTANCE RELEASES Q1 2022 RESULTS Credit Acceptance Corporation (NASDAQ: CACC) jumped 20.16% after reporting a consolidated net income of $214.3 million or $14.94 per diluted share for Q1 2022. A year ago, the company’s consolidated net income was $202.1 million or $11.82 per diluted share. Adjusted net income during the quarter was $197.3 million or $13.76 per diluted share versus...
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US INDEX FUTURES ARE IN THE RED, ALBEIT WITH LESS PRONOUNCED CHANGES THAN YESTERDAY; EUROPEAN STOXX 600 DROP IS AROUND 1.50% The markets, which yesterday had what was a reality shock for many, followed their course of losses in the early morning trades, although much more moderate, in the case of the United States. Both US and European index futures are in the red. US 10-year Treasuries rose...
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BIOCERES CROP SOLUTIONS RECEIVES APPROVAL FOR HB4 SOY IN CHINA Bioceres Crop Solutions Corp NASDAQ: BIOX) jumped 21.97%after announcing that the Chinese ministry of agriculture has communicated the decision to authorize the import and utilization of as soybean raw material produced through Bioceres’ novel drought tolerance tech, HB4. The company’s partner Beijing Da Bei Nong Science and...
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ON THE BACK OF BALANCE SHEETS, INFLATION DATA, GDP, AND CHINA’S SIGNS OF SUSTAINING ITS ECONOMY GUIDE MARKETS; US INDEX FUTURES TUMBLE US index futures were in the red Friday morning, with European equities on the opposite path. In addition to the macroeconomic data season and balance sheets, China’s pledge to increase economic stimulus is influencing operations, helping to restore...
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