Author Archive: Jeremy Parkinson
Of Rising Stock Markets, Economic Survey, And Top Cues In Focus Today
Share markets in India closed on a strong note yesterday. At the closing bell yesterday, the BSE Sensex stood higher by 233 points (up 0.7%) and the NSE Nifty closed up by 61 points (up 0.6%). Losses were however seen for mid-cap and small-cap stocks. The BSE Mid Cap index ended the day down by […]
The Fear/No Fear Market
So far, so good. That may not be your immediate take away as you read the rest of the first page but I’m fairly content with how the first month of the year is unfolding. Yes, I think we may be in for an imminent correction on the major equity markets. But I think that […]
Iovance Biotherapeutics, Inc. Announces Closing Of $172.5 Million Common Stock Public Offering
SAN CARLOS, Calif., Jan. 29, 2018 (GLOBE NEWSWIRE) — Iovance Biotherapeutics, Inc. (Nasdaq:IOVA), a biotechnology company developing novel cancer immunotherapies based on tumor-infiltrating lymphocyte (TIL) technology, today announced the closing of an underwritten public offering of 15,000,000 shares of its common stock at a public offering price of $11.50 per share. The gross proceeds from the offering, […]
When Your Cockatoo Has His Fill Of The Market
Today’s headline on Reuters: “U.S. consumer spending rose solidly in December as demand for goods and services increased, but the gain came at the expense of savings, which dropped to a 10-year low in a troubling sign for future consumption and economic growth.” That’s the American way for you. Spend more, save less, go into […]
How China Benefits From African Debt
The level of debt owed by African governments in countries such as Kenya, Uganda, Mozambique, and Tanzania has increased markedly since the 2008 financial crisis. Problematic though sub-Saharan African debt may be, debt levels vary country by country and therefore mitigate the possibility of a continent-wide crisis. Still, widespread default could create opportunities for outside […]
The Current Economic Sweet Spot Is Not The New Normal
From the International Monetary Fund — this post authored by Maurice Obstfeld As the year 2018 begins, the world economy is gathering speed. The new World Economic Outlook Update revises our forecast for the world economy’s growth in both 2018 and 2019 to 3.9 percent. For both years, that is 0.2 percentage points higher than last October’s […]
World Markets Update – Monday, Jan. 29
Seven of eight indexes on our world watch list have posted gains through the first week of 2018. The top performer is Hong Kong’s Hang Seng with a gain of 10.19%, followed by our own S&P 500 with a gain of 7.45%. In third is Bombay’s BSE SENSEX with 6.62%. 2018 Performance Here is an […]
5 Canadian Cannabis Headlines Investors Need To Know
TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. Last week was a busy week for the Canadian cannabis industry and we do not expect this trend to end anytime soon. Earnings season is starting to heat up and earlier this morning, […]
E Komodo OpenLab: The Startup Giving Independence To The Disabled
We had the opportunity to interview Mauricio Meza, the CEO of Komodo OpenLab, the creator of Tecla, an assistive device for people with disabilities. Q. Can you tell us a bit about yourself and Komodo OpenLab? When was your company first launched?A. The company was founded in November 2010. My co-founder, Jorge Silva, and I […]
