Latest Articles

ECB’s Villeroy Calls for QE Reduction

ECB’s Villeroy Calls for QE Reduction

European Central Bank Governing Council member Francois Villeroy de Galhau called for quantitative easing (QE) reduction, saying that ‘there should be an adequate reduction of our net asset purchases, toward their possible end, while we will keep in a place a substantial degree of accommodation, through all our other instruments.’ The French central bank head said the asset-purchase program ‘is […]

October 23, 2017 ×
Sterling Trades Mixed

Sterling Trades Mixed

Sterling has been trading mixed, holding near net unchanged versus the US dollar, gaining versus the underperforming yen while losing ground to the euro. Cable is entrenched in a narrow range centered around 1.3160-70, having lifted out of a four-session low at 1.3140, tracking the price action of EUR/USD to a large degree Wednesday, although EUR/USD logged a four-session high. […]

October 23, 2017 ×
Arbutus, Gritstone Sign Deal to to Develop Immunotherapies for Cancer Patients

Arbutus, Gritstone Sign Deal to to Develop Immunotherapies for Cancer Patients

Arbutus Biopharma (ABUS) and Gritstone Oncology have signed a collaboration and license agreement under which Arbutus will deploy its proprietary lipid nanoparticle (LNP) technology to deliver Gritstone’s RNA-based neoantigen immunotherapy products. Under the terms of the deal, Gritstone obtains worldwide access to Arbutus’ portfolio of proprietary and clinically validated LNP products and associated intellectual property. Gritstone will pay Arbutus an […]

October 23, 2017 ×
Discovery Communications’ Price Target From Pivotal Cut to $26 From $28

Discovery Communications’ Price Target From Pivotal Cut to $26 From $28

Discovery Communications (DISCA) received a price-target reduction Tuesday from Pivotal Research Group as the firm warned clients it continues to expect “relatively weak fundamentals for video-centric media owners.” The new price target is $26 per share, down from $28. However, this is still well above the stock’s Monday closing price of $19.06, as Pivotal kept its investment rating on the […]

October 19, 2017 ×
Nikkei 225 Up 0.38%; 11th-Straight Trading Day Of Gains

Nikkei 225 Up 0.38%; 11th-Straight Trading Day Of Gains

The Nikkei 225 Tuesday rose 0.38% on overnight Wall Street cues and an earnings season seen as positive, said analysts. The index gained despite a increase in the exchange rate of the yen vs. the US dollar, seen as a negative in export-oriented Japan. In other news, If Prime Minister Shinzo Abe on Sunday prevails in the Lower House election […]

October 19, 2017 ×