In this article SNAP CLX BJ BMY REGN AMZN Check out the companies making headlines before the bell: Regeneron Pharmaceuticals (REGN) – The drugmaker reported adjusted quarterly earnings of $23.72 per share, beating the $18.35 consensus estimate. Revenue also topped the forecast on strong sales of the company’s Covid-19 antibody therapy as well as its
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Bring your architect! This, along with similar code phrases, means that the apartment you’re about to view needs work — and probably a lot of it. To compensate for future headaches, sellers tend to offer buyers a lower price upfront. Since the pandemic, however, interest in fixer-uppers has waned considerably compared to move-in ready units
Luxury residential townhouses stand overlooking Regents Park in London, U.K., on Friday, Nov. 29, 2019. U.K. house prices increased at their fastest pace in more than a year in November, according to Nationwide Building Society. Bloomberg | Getty Images The Mayor of London has called for a register of overseas property ownership in a bid
Two Michigan-based systems — Beaumont Health and Spectrum Health — formally joined forces this week after clearing heightened anti-trust scrutiny ordered by the Biden administration across a swath of sectors last summer. The not-for-profit systems announced their intention to merge by signing a letter of intent in June 2021. One month later, the Biden administration launched
Parties filing appeals of the Puerto Rico Plan of Adjustment face an uphill battle as the bankruptcy judge who approved the plan would need to grant a stay of it for appeals to proceed, lawyers said. Four notices of appeal had been filed in the U.S. District Court for Puerto Rico concerning the plan as
A contractor for First Solar works on construction of a solar project in Imperial County, California. Sam Hodgson | Bloomberg | Getty Images The Biden Administration said Friday that it will extend Section 201 tariffs on imported solar cells and panels for another four years, but with several changes to existing provisions. The tariff rate
In this article CLX FB PINS F AMZN The Amazon logo is seen at the company logistics center in Lauwin-Planque, northern France. Pascal Rossignol | Reuters Check out the companies making headlines in midday trading. Amazon — Shares of Amazon popped more than 14% following a stellar quarterly report. The company said its investment in electric
Ether price (ETH) spent the last two months stuck in a rut and even the most bullish trader will admit that the possibility of trading above $4,400 in the next couple of months is dim. Of course, cryptocurrency traders are notoriously optimistic and it is not unusual for them to expect another $4,870 all-time high,
A no-reserve auction held late last month has resulted in the purchase of a mansion in the Doheny Estates neighborhood of Los Angeles for $6,526,000, or roughly 20% of the original listing. The sale comes on the heels of a record-breaking year for the Southern California housing market, where high demand and low supply fueled
A Gopuff location on the Lower East Side of Manhattan across from Stop 1 Deli. Jan. 12, 2022. Hannah Miao | CNBC Grocery delivery start-up Gopuff last fall moved into the ground-floor retail space of a new luxury apartment building on the Lower East Side of Manhattan, across the street from a bodega. “I didn’t
The U.S. Department of the Treasury released a study on the high-value art market, highlighting the potential in the nonfungible tokens (NFT) space to conduct illicit money laundering or terror financing operations. The treasury’s “Study of the facilitation of money laundering and terror finance through the trade in works of art” suggested that the increasing
A fundamental trait of crypto is as an asset class that transcends jurisdictions. Yet, one of the key hubs driving adoption and innovation is Asia. Since the heady days of Korea’s Kimchi premium and Bitcoin (BTC) arbitrage opportunities, the region is playing a role in defining crypto’s development pathways and anchoring its future. According to
New Jersey has followed through on plans to use its budget surplus to trim its debt load. More than $3 billion in principal and interest on New Jersey bonds has been retired, the state Department of the Treasury said on Thursday. New Jersey allocated $3.7 billion in the state’s fiscal 2022 budget to cut outstanding
Former U.S. Treasury Secretary Lawrence Summers said investors need to brace for the Federal Reserve to potentially raise interest rates at all seven remaining policy meetings this year and even for it to hike by more than a quarter point in one go. “Markets have to be prepared for a rate hike in every meeting
In this article MRCY Julian Elliott Photography | Stone | Getty Images Company: Mercury Systems Inc. (MRCY) Business: Mercury Systems is a technology company, engaged in the manufacture and sale of components, products, modules, and subsystems for aerospace and defense industries in the United States, Europe, and the Asia Pacific. The company’s products and solutions
Traders on the floor of the NYSE, Jan. 26, 2022. Source: NYSE After January’s surprisingly strong jobs report, focus swings to consumer inflation in the week ahead and what it could mean for the Federal Reserve’s plan to raise interest rates. Friday’s report of 467,000 jobs added in January confounded Wall Street economists, some of
A young couple from India used nonfungible tokens (NFTs) to digitize their love for each other till eternity over the Ethereum (ETH) blockchain. The recently married couple from Pune, India, Shruti Nair and Anil Narasipuram decided to take their court marriage to the next level by hosting a blockchain wedding. According to Anil, the husband:
Summerland is a classic California beach town with a village vibe and plenty of surf culture. This modern showplace, designed by Santa Barbara architect Richard E. Johnson and built in 1989, utilizes walls of glass, soaring ceilings and open-plan living space to take full advantage of the sloping hillside location. The curved corners of the
American Dream megamall and entertainment complex in East Rutherford, N.J. After more than 17 years in the making, it finally opened October 25, 2019. Then came the coronoavirus pandemic. Timothy A. Clary | AFP | Getty Images The American Dream megamall in New Jersey, crippled by construction delays and stalled store openings, is running out
The crypto-friendly nation of Belarus is preparing to permit investment funds to put money into digital currencies. A proposal to do so is part of a package of necessary legal changes tailored to attract such institutions to the country. Finance Ministry Takes Steps to Facilitate Crypto Investments in Belarus Amendments aimed at luring investment funds
Municipals were slightly weaker, particularly on the long end, but the asset class outperformed a selloff in U.S. Treasuries after a stronger-than-expected jobs report. January’s payrolls surged 467,000, and December’s were revised up to 510,000 from 199,000, causing Treasury yields to spike. “The inflation battle for the Fed and their monetary policy will be a