When it rains it pours for Mallinckrodt (MNK). Last month a Delaware judge invalidated 11 patents pursuant to Inomax, one of the company’s top-selling treatments; it could pave the way for Praxair (PX) to offer a generic version. The Journal
October 15, 2017
by Dana Olsen, PitchBook Nine of the 10 most valuable VC-backed companies in the US are in California-and the other is in New York. This lack of geographic diversity isn’t surprising, but it does mean the other 40-plus states and
Fundamental Forecast for New Zealand Dollar: Neutral New Zealand’s 3Q Consumer Price Index (CPI) may undermine the near-term rebound in NZD/USD should the data print encourage the Reserve Bank of New Zealand (RBNZ) to carry the record-low cash rate into 2018. With market
The mixed U.S. economic data and political uncertainty continued to weigh on the U.S dollar. Even though activities in the manufacturing sector rose to a 13-year high in September and services sector expanded at the fastest pace in 12 years last month, the consumer prices rose
Gold prices rose $9.91 an ounce on Friday, up for the sixth straight session to $1303.29, as a softer dollar lured investors back into the market. The minutes from the U.S. Federal Reserve’s September meeting contained no big surprises. Fed
Barring some kind of Trump-related disaster overnight, the first thing to watch this week will be Catalonia. As a reminder, Puigdemont has until 10:00 (08:00 GMT) on Monday to “clarify” exactly what he has “declared” or not “declared.” Assuming he
After steadily inching its way higher over the last few weeks, we are entering the first week where we have a meaningful number of 3Q 2017 corporate earnings. While we will have additional September economic data that we’ll use to
Returning to the world of investing and market commentary one week after surgery, One River’s CIO Eric Peters touches on some of the most topical issues, including his latest take on bitcoin and money in particular, and the definition of
Talking Points: USD/CAD likely to remain under the spell of NAFTA talks. A firm oil complex is underpinning the Loonie. USD bond yields remain elevated. Fundamental Forecast for CAD: Neutral We remain neutral on the Canadian dollar although we would turn bearish on CAD if the ongoing
Central banks in general and the Fed in particular are struggling to understand a world in which they’ve thrown everything they have at the economy without generating “beneficial” inflation. Their confusion can be traced back to some profoundly false assumptions.
