Colgate-Palmolive reported better-than-expected 4Q results, reflecting strong consumer demand for its products amid the COVID-19 pandemic. However, shares of the consumer products company fell 1.5% on Friday after it said that “we expect high levels of uncertainty as we lap the benefits from pantry loading and other impacts of the COVID-19 pandemic. We also expect
Month: February 2021
by ageal40 “Under an EUA, FDA may allow the use of unapproved medical products, or unapproved uses of approved medical products in an emergency to diagnose, treat, or prevent serious or life-threatening diseases or conditions when certain statutory criteria have been met, including that there are no adequate, approved, and available alternatives. ”
Robinhood, the mobile-only online brokerage that disrupted the financial technology industry by charging commission-free trades, was launched in December 2014 with a waitlist of more than 500,000. Company founders Vladimir Tenev and Baiju Bhatt, Stanford physics graduates, believed that Robinhood would motivate a new generation of would-be investors with their mobile platform. Robinhood’s mission was
Robinhood raised $1 billion overnight from investors to shore up its balance sheet as the brokerage app was set to ease restrictions in the trading of certain volatile stocks, according to CNBC’s Andrew Ross Sorkin. The money raised was on top of $500 million the broker accessed through credit lines to ensure it had the
Aung San Suu Kyi and other senior members of Myanmar’s ruling party have been detained by the military after several days of rising tensions over the results of a recent election, raising fears of a coup in the south-east Asian country. Aung San Suu Kyi, Myanmar’s 75-year-old state counsellor, President Win Myint and other members
Britain’s wave of Covid-19 infections continues to recede slowly, government scientists said. The figure for the whole UK is between 0.7 and 1.1 – a wider spread than the 0.8 to 1.0 range of a week ago. “The number of new infections is broadly flat or shrinking by up to 5 per cent every day,”
Robinhood and Interactive Brokers took steps to curtail trading in several high-flying stocks, including GameStop and AMC Entertainment Holdings. Robinhood restricted transactions on those stocks and others, according to a blog post. Interactive Brokers said it wouldn’t allow clients to take new options positions in names including AMC, GameStop and BlackBerry. “In addition, long stock
After gaining the spotlight due to a 980% pump on Jan. 28, Dogecoin (DOGE) briefly entered the top 10 ranking by market capitalization for the first time since 2015. Once the massive pump lost momentum and traders quickly took profits, it seemed that investors would move on past the meme-based cryptocurrency and find something else
Indianapolis, Indiana tops Arch’s most affordable cities list Getty Here’s America’s most affordable cities according to Arch Mortgage Insurance Company. Arch recently crunched the numbers on the five most affordable cities LINK in the country. The results in The Housing and Mortgage Market Review (HaMMR) may surprise you. Included in Arch’s top five cities are
A chief economist at UBS, the largest bank in Switzerland, says cryptocurrency has a fundamental flaw. Bitcoin’s fixed supply could cause the collapse of its value and spending power, making it unattractive to use as a currency, he claims. A UBS Chief Economist Says Bitcoin’s Fixed Supply Is a ‘Fundamental Flaw’ Paul Donovan, Chief Economist
By Richard Eisenberg, Next Avenue Managing Editor getty Philip Moeller, author of the helpful new book “Get What’s Yours for Health Care,” says you need to be your own advocate to save on health care expenses. “If people act like sheep, they’re going to get fleeced,” he told me. In the new episode of the
Municipalities are becoming convinced that recovery to pre-pandemic levels may not be possible without robust direct federal support. In a webinar put on by the Milken Institute as part of its Program for Excellence and Equity in Public Finance, launched this week, Chicago Mayor Lori Lightfoot said her city has had to raise taxes and
[embedded content] The demand surge of silver has completely overwhelmed the supply, and orders are not able to be filled now, said David Morgan of TheMorganReport. “There’s so much demand that it can’t be filled, it’s going to be backordered,” Morgan said. “Primarily it’s the WallStreetBets group that proved that if there’s enough buying now
Buckle-up…!?! (by Half Dollar) It was all eyes for the open at 6:00 p.m. EST today. Gold & silver spiked at the open Sunday night: Although I’m not really liking gold only gapping up some twenty bucks. Of note: Somebody totally took down the original SLV post on Reddit: Although there is another one that also
Volatility is back on the menu. Last week brought January’s trading to a close in what amounted to the stock market’s worst month since October. The GameStop saga hogged the headlines as the retail buying frenzy for names with high short interest raised the possibility the market might be exhibiting bubble behavior. Add into the
By Chris Black Motto: this must be why 109 countries blocked reddit.com. Everything that is said is true in someone’s world. Everything that is said is a lie. The social/political elite have made the general population dumber than stumps through their programs, pitches and cunning. When you retard the education of the masses, you educate