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GE Healthcare in partnership with GenesisCare to deliver improved Cancer and Cardiovascular treatments
November 10, 2020 04:33 AM GMT| By Hina ChowdharyGE Healthcare is the healthcare division of the American multinational conglomerate, General Electric (NYSE: GE). The division alone is valued at US$16.7 billion and provides medical technology and related digital solutions on a global scale. .....
Pfizer, BioNTech’s share prices jump on upbeat COVID-19 vaccine news
November 10, 2020 02:13 AM GMT| By Team Kalkine MediaOn 9 November 2020, Pfizer Inc (NYSE:PFE) and BioNTech SE (NASDAQ:BNTX) announced that their vaccine candidate, BNT162b2 was found to be over 90% effective for the prevention of COVID-19 in Phase 3 participants with no evidence of an earlier SARS-C.....
AstraZeneca (AZN) and Regeneron (REGN) beat COVID-19 blues, report strong Q3 results
November 10, 2020 01:24 AM GMT| By Team Kalkine MediaDuring the current reporting season, several companies have reported losses due to the impact of the ongoing pandemic. However, in the healthcare sector, some companies have witnessed moderate to high growth in revenues. This is because there have .....
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UK and US Markets’ Traded in Green on Joe Biden’s Presidential Victory & Vaccine Hopes; SSP Group Stock Soared by 51.79%
November 09, 2020 07:48 PM GMT| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 99.26 points or 2.83 per cent higher at 3,608.70, Dow Jones Industrial Average Index expanded by 1,092.42 points or 3.86 per cent higher at...
Why are retailers being threatened by landlords with legal action?
November 09, 2020 05:32 PM GMT| By Hina ChowdharySummary The Entertainer, Hugo, and Pret A Manger have received warnings from Westfield threatening legal action over the outstanding rent The regional managing director of Unibail-Radamco-Westfield, Scott Parsons said that working in partnershi.....
Covid-19 support: While some self-employed miss out, struggling families to be covered
November 09, 2020 02:27 PM GMT| By Team Kalkine MediaSummary UK Treasury extended coronavirus support to businesses, jobs, and low-income families; but many self-employed not covered Manufacturers ask for a clear long-term strategy instead of a piecemeal support Around 3 million self.....
What is Cryptocurrency? Is Canada Moving Towards Cashless Currency?
November 09, 2020 09:55 PM AEDT| By Team Kalkine Mediatal Currency (CBDC) As we shift towards a cashless economy, use of cryptocurrencies, Bitcoin, Litecoin, Ethereum, Stellar, stable coins and similar other digital assets have been touted as the money of the future. Cryptocurrency is finding incre...
S&P 500 Futures Gain Over 1% As Biden Seals Victory in US Presidential Election
November 09, 2020 10:53 AM GMT| By Team Kalkine MediaSummary It was markets’ first chance to react to US president-elect Joe Biden’s victory in 290 congressional constituencies Markets from New York to London to Tokyo saw an unusually high uptick Last week, S&P 500 registered a g.....
IQ-AI Limited’s subsidiary enters collaboration agreement with Mayo Clinic
November 09, 2020 10:52 AM GMT| By Team Kalkine MediaIQ-AI Limited’s (LON: IQAI) subsidiary Imaging Biometrics, LLC will be developing a brain lesion tracking platform in collaboration with Mayo Clinic. The two companies have entered an agreement with an objective to develop an innovat...
S4 Capital Plc reports a 53% surge in revenue for the third quarter
November 09, 2020 10:52 AM GMT| By Team Kalkine MediaS4 Capital Plc (LON: SFOR) has released the third quarter trading update. The company’s performance remained strong, with revenue surging by almost 53 per cent and around 13 per cent on a like-for-like basis. Gross Profit for the th...
The Gym Group Plc expects cash burn of around £6.0 million during second lockdown
November 09, 2020 10:51 AM GMT| By Team Kalkine MediaThe Gym Group Plc (LON: GYM), operator of low-cost gym has released its operations and trading update. The group has closed its 167 gyms in England on 4 November 2020, adhering to the 4-week lockdown announced by the UK Government. During...
Codemasters gets takeover proposal from Take-Two Interactive Software
November 09, 2020 10:50 AM GMT| By Team Kalkine MediaCodemasters Group Holdings Plc (LON: CDM) has received a non-binding takeover proposal from Take-Two Interactive Software, Inc, a NASDAQ-listed videogame publisher. The proposal is to acquire the entire issued share capital of Codemasters,...
Westfield shopping center threaten retailers over unpaid rent
November 09, 2020 10:49 AM GMT| By Team Kalkine MediaWestfield shopping center on the first day of foreclosure has reportedly threatened different retailers including Pret A Manger over unpaid rent. Sandwich chain Pret A Manger had announced more than 3,000 job cuts since the outbreak of the...
GardaWorld extends takeover bid for G4S Plc
November 09, 2020 10:48 AM GMT| By Team Kalkine MediaCanadian security firm GardaWorld, which is vying to acquire G4S Plc (LON: GFS) and had launched a hostile bid last month, has extended its offer. GardaWorld has said that the offer will remain open for G4S until 28 November to be accepted...
Vaalco Energy Inc reports net income of $7.6 million for Q3 2020
November 08, 2020 08:55 AM GMT| By Team Kalkine MediaVaalco Energy Inc (LON: EGY) has released its results for the third quarter of 2020. For the third quarter of 2020, the net income of the company was $7.6 million as compared with a net loss of $3.9 million in the same period in 2019. The...
Fisher (James) & Sons Plc reports a 17% decline in revenue for the 9M 2020
November 08, 2020 08:50 AM GMT| By Team Kalkine MediaFisher (James) & Sons Plc (LON: FSJ) has released its trading update for the third quarter ended 30 September 2020. The company continued facing challenging trading conditions and the revenue for the nine months period declined by 17 p...
SVM UK Emerging Fund Plc reports 28.4% NAV return for H1 2020
November 08, 2020 08:49 AM GMT| By Team Kalkine MediaSVM UK Emerging Fund Plc (LON: SVM) has released its results for six months to 30 September 2020. NAV (Net asset value) return of the company stood at 28.4 per cent compared to a 12.8 per cent return in the IA UK All Companies Sector Avera...
Sneak peek at COVID-19 Vaccine frontrunners: AZN, Moderna, Pfizer, J&J
November 07, 2020 01:14 PM GMT| By Hina ChowdharySince the outbreak of the catastrophic pandemic, SARS-CoV-2 has taken a severe toll on human life as well as economic and financial aspects. We are already close to completing a year since the emergence of the disease, and there are still several m.....
Why did the streaming video service Quibi fall?
November 07, 2020 01:10 PM GMT| By Edita IvancevicA once-promising idea that was supposed to transform the entertainment industry and Hollywood itself, Quibi is now a long-forgotten project that tumbled sooner than anyone could have ever expected. When the world found about the project with the f.....
easyJet plc enters deal to sale and leaseback another 11 aircrafts
November 07, 2020 09:46 AM GMT| By Team Kalkine MediaeasyJet Plc (LON: EZJ) has announced sale and leaseback of another eleven aircraft. The transactions with two counterparties are going to generate total cash proceeds of $169.5 million (around £130.7million) for the company. The com...
