Ira Epstein leads us through the day’s precious metal highlights. Video Length: 00:07:35
March 4, 2016
On Thursday Onconova Therapeutics (ONTX) received a notice from Baxalta (BXLT) that it will be terminating a partnership deal for Onconova’s rigosertib that was drafted back in 2012. When the deal was made Baxalta made an upfront payment to Onconova
The S&P 500 posted its fourth consecutive gain with a modest advance at the close. The early trade appeared uncertain following the stronger-than-expected headline numbers in the February jobs report. The index bounced off its -0.33% intraday low about 25 minutes
All Is Not Well Corporate loan delinquencies and charge-offs at US commercial banks have recently been updated to the end of Q4 2015. As we suspected on occasion of our last update, the annual change rate in the sum of the
US financials are tumbling after The Fed proposed a rule that would limit banks with $500 bln or more of assets from having net credit exposure to a “major counterparty” in excess of 15% of the lender’s tier 1 capital. Bloomberg reports
Natural gas prices have fallen to a 17-year low. The number of drillers that can remain profitable at these prices has also collapsed. There’s only 97 rigs operating today compared to 900 about five years ago. This is the first
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Stocks were mixed to a little higher today as the ‘better than expected’ headline number of jobs added in the Non-Farm Payrolls Report failed to impress the markets. The numbers reinforce the trend of adding lots of low-paying and part
For the past 5 years, Brazilian stocks have been hammered. Since the top in 2011, equities in Brazil have experienced a 74% drop. But that appears to be changing. You wouldn’t think that if you used the financial media to make
Video length: 00:07:55
