(Bloomberg) — For Biogen Inc., the Food and Drug Administration’s expected decision Monday on its Alzheimer’s drug is what a JPMorgan Chase & Co. analyst called “the mother of all binary events” — one that could send its shares veering sharply in either direction. If regulators give the company approval to market the drug, called aducanumab, the stock could surge to as much to $450, according to Wall Street analysts. Or it could tumble to $200 if the treatment is shot down,… Source link
Read More »Fed to announce policy decision today at 2 p.m ET – Yahoo Finance
Bloomberg SoftBank Nears End of $23 Billion Buyback, Imperiling Rally (Bloomberg) — Masayoshi Son has run almost all the way through $23 billion allocated to buy back SoftBank Group Corp. shares, raising concerns that his stock’s bull run will end without rapid intervention.The Tokyo-based company purchased more than $20 billion worth of its own shares over the past year through March, according to SoftBank filings, an unprecedented effort that more than doubled the value of the stock. Now,… Source link
Read More »The Supreme Court issues Google v. Oracle copyright decision
The practice of using, and reusing, software interfaces written by others is common within the field of software engineering and development. Multiple federal circuits have held that software source code, as a whole, can be copyrighted, but the question as to what extent code can be copied, particularly API code, was an unanswered question. In its recent Google v. Oracle decision, the Supreme Court provided a modicum of clarification as to the amount of copying the declaring code used… Source link
Read More »SCOTUS Google v. Oracle Copyright Decision
Wednesday, April 14, 2021 The practice of using, and reusing, software interfaces written by others is common within the field of software engineering and development. Multiple federal circuits have held that software source code, as a whole, can be copyrighted, but the question as to what extent code can be copied, particularly API code, was an unanswered question. In its recent Google v…. Source link
Read More »SCOTUS Decision in Google LLC v. Oracle America
Greetings, Court Fans! Just one decision to report in this Update, but it’s a biggie, at least for IP nerds and coders. In Google LLC v. Oracle America, Inc. (No. 18-956), the Court held that Google’s copying of certain portions of a computer program owned by Oracle, called Java, was fair use under the copyright laws. In doing so, Justice Breyer, writing for a 6-2 majority, also offered insight into how the Court would address the somewhat awkward fit for computer… Source link
Read More »Fed to announce policy decision at 2 p.m. ET
TipRanks 3 Big Dividend Stocks Yielding at Least 8%; Analysts Say ‘Buy’ Do you like roller coasters? According to Deutsche Bank, we’re looking at some roller coaster volatility for the next few months, with near-term gains likely, followed by a Q2 retreat, and second-half gains. The firm expects share values to fall in the next three months, perhaps by as much as 5% to 10%, for several reasons laid out by the firm’s strategist Binky Chadha. “The more front-loaded the impact of the… Source link
Read More »Stock futures drift higher ahead of Fed decision
Stock futures opened slightly higher Tuesday morning as investors awaited a key monetary policy decision and updated economic outlook from the Federal Reserve. Earlier during the regular session, the S&P 500 and Dow each ended lower to retreat from record closing highs notched earlier this week. The S&P 500’s loss was its first in five days. The Nasdaq ended marginally higher as technology stocks outperformed. The CBOE Volatility Index, or VIX, fell to a pandemic-era low of 19.3, or the… Source link
Read More »Workhorse to meet USPS on March 3 to discuss unfavorable contract decision – Yahoo Finance
Bloomberg Private Equity Has $300 Billion for Pandemic-Hit Real Estate (Bloomberg) — Real-estate bosses at Blackstone Group Inc. quietly smiled when Britain’s biggest-selling tabloid unwittingly endorsed their largest European real estate deal since the pandemic.The Sun’s front page teased readers that foreign travel curbs meant they’d be splashing their cash at the much-maligned seaside town of Bognor Regis this year. Less than two weeks earlier, it had emerged Blackstone was in talks… Source link
Read More »‘Members were just fine with his decision’
InvestorPlace 7 Stocks Under $20 to Buy Now According to Finviz.com, there are 230 stocks under $20 that trade on the New York Stock Exchange with a market capitalization of over $2 billion. On the Nasdaq, there are 83. Care to guess how many stocks over $100 trade on the NYSE and Nasdaq with a market cap over $2 billion? 303 on the NYSE and 262 on Nasdaq indicate that tech stocks tend to trade above $100. There are 208 on the NYSE and 82 on Nasdaq that trade between $5 and $20. InvestorPlace… Source link
Read More »Stock futures rise as traders await Fed decision, Microsoft jumps after earnings
Stock futures opened slightly higher on Tuesday investors awaited another batch of corporate earnings results and the Federal Open Market Committee’s (FOMC) January monetary policy decision. S&P 500 futures traded higher by about 0.2% as the overnight session kicked off, holding near the index’s all-time high. Contracts on both the Nasdaq and Dow also increased. Late Tuesday, shares of heavily weighted tech stock Microsoft (MSFT) jumped after the company posted fiscal second quarter… Source link
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