Axminster Carpets falls into administration with loss of 80 jobs

Axminster Carpets, the Devon company that made a coronation carpet for George VI in 1937 and could trace its history back 265 years, has collapsed into administration with the loss of 80 jobs. The company, which continued to supply the royal family and had recent commission for Buckingham Palace, appointed the administrators Duff & Phelps […]

Coronavirus is disrupting the global auto industry

New York (CNN Business)Jaguar Land Rover is flying auto parts made in China to its European factories instead of relying on slow-moving cargo ships, as the coronavirus outbreak puts a dent in its supply chain. But its CEO says it’s too soon to say whether that will be enough to keep those assembly lines open […]

How Global GDP Is Still Escaping Recession in the Covid-19 Outbreak

Investors, economists and the public all have two things in common at this point: finding out how to avoid the coronavirus and trying to figure out how and when the scare will end. The stock market indexes were higher on Wednesday after China reported the fewest number of new cases since late in January. China […]

ADXS, TROV On Watch, NRBO Soars 95%, DCPH To Face FDA In Aug.

Today’s Daily Dose brings you news about Advaxis’ upcoming presentation; Deciphera’s date with FDA and Trovagene’s update on its phase II study of Onvansertib in metastatic castrate-resistant prostate cancer. Read on… Advaxis Inc. (ADXS) is slated to present data from a Phase 1/2 clinical trial of ADXS-PSA as a standalone, or monotherapy, and in combination […]

Hard seltzer is king. Big beer owns it

New York (CNN Business)In 2019, White Claw was the law. The brand exploded in growth last year, raking in roughly $1.5 billion in sales, which made it America’s top-selling hard seltzer. It was so popular last summer that some distributors reported a White Claw shortage. People crave convenient drinks that are low in calories, sugar […]

U.S. Stocks Reach New Record Highs As Coronavirus Worries Ease

Stocks showed a strong move to the upside during trading on Wednesday, adding to the modest gains posted in the previous session. The upward move on the day lifted the major averages to new record closing highs. The major averages reached new highs late in the session but gave back some ground going into the […]

Is Domino’s Poised to Take Off With Q4 Results Thursday?

Domino’s Pizza Inc. (NYSE: DPZ) is scheduled to release its fourth-quarter financial results before the markets open on Thursday. The consensus estimates are $2.98 in earnings per share (EPS) and $1.12 billion in revenue. In the same period of last year, it said it had $2.62 in EPS and $1.08 billion in revenue. In its […]

Evelo Biosciences (EVLO) Building Momentum

Evelo Biosciences Inc. (EVLO), which touched $6.82 in early trading, up 23% from the previous day’s close, is one of the top gainers of the day as the Company continues to build on the momentum, with multiple clinical readouts planned across its inflammation and oncology portfolio this year. The Company’s lead investigational asset is EDP1815, […]

Square Earnings: What to Look for

Square Inc. (SQ), the financial services company co-founded by Twitter Inc. (TWTR) CEO Jack Dorsey, has posted dramatic growth since going public more than four years ago, now boasting a market value of about $35 billion. The stock has rallied more than 30% alone since November, when it announced its first profitable quarter in a […]

Cannabis Stocks Appear Ready to Test Recent Highs

After their parabolic 2018 gains, cannabis stocks have been far from smoking hot over the past year, with leading industry players plagued by supply issues, high taxes. and ongoing regulatory hurdles. However, as we move into 2020, some of these challenges look to be clearing up. Government authorities in Canada – the first developed country […]