We begin with a teching wreck on wall street. The fang stocks stumbling, all posting big big losses the past few days is this fangfree fall taking down the Broader Market tim . Some cht frank free fall is something i think we saw three to six months ago. Clearly with the regulatory headlines on doj in june big moves facebook and google have had a tough time getting out of their own way amazon got back up to alltime high has not exceeded that ill let the chartist tack about that but when you think about the market for the last month and four or five months yes we saw the interesting rotation into cyclical stuff a month aigt. But really the defensive rotation is something thats been alive and well for plshl six to nine months as evidence by utilities thats an environment you cant see fangout perform and the multiples caught up to the stocks i know the multiple on google. Not so much. I know the multiple on facebook, not so much. But i think again you have regulatory pressures on top of v
Well see whether or not we keep our meeting in september. If we do that, fine. If we dont, thats fine. Time that somebody does what were doing. This comes after the said new tariffs on chinese imports will take effect september 1. Shattering a truce reached with the chinese president weeks earlier. Senate Majority Leader Mitch Mcconnell says Gun Legislation will be at the top of the agenda from theirers return august recess. In the wake of several mass shootings, mcconnell says the look at expanded background checks. Also on the table, socalled red to keep guns away from dangerous people. Mcconnell has opposed most gun laws in the past. A Political Drama is playing out in italy. The Prime Minister is signaling he Wont Leave Office without a fight. His deputy is trying to bring down the countrys populous a snapon and force election. They want lawmakers to vote out to government as soon as next week. He and his league party are tired of infighting with coalition allies. Global news, 24 h
Nektar Management to Present at Upcoming Investor Conferences prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Nektar Therapeutics (NASDAQ:NKTR – Get Free Report) CEO Howard W. Robin sold 16,650 shares of Nektar Therapeutics stock in a transaction that occurred on Friday, May 17th. The shares were sold at an average price of $1.75, for a total transaction of $29,137.50. Following the sale, the chief executive officer now directly owns 863,239 shares […]