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Stock Alert: Akebia Therapeutics Up 25% As Drug Trial Achieves Positive Results

Shares of Akebia Therapeutics, Inc. (AKBA) are gaining over 25% on Tuesday morning after the drug maker reported positive topline results from a late stage study on patients with chronic kidney disease.




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Is Sysco Well Positioned As Restaurants Start Reopening?

Foodservice giant Sysco Corp. (SYY) has been significantly impacted by the coronavirus pandemic that has forced many of its customers such as restaurants, office cafeterias and hospitality facilities to remain temporarily closed. However, the company said it is seeing weekly improvements and expects this trend to continue. Sysco's primary customer base is the restaurant industry.




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Stock Alert: Herbalife Nutrition Gains 10%

Shares of weight management and nutritional products maker Herbalife Nutrition Ltd. (HLF) are rising more than 10% Friday following better-than-estimated first-quarter results.




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Stock Alert: Alexion Pharma Loses 5% After Portola Acquisition News

Shares of Alexion Pharmaceuticals, Inc. (ALXN) are down more than 5 percent or $5.37 in Tuesday's morning trade at $98.47. The stock has traded in a range of $72.67 to $136.51 in the past 52 weeks.





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Italian Soccer Club Juventus' Fan Token Begins Trading On CHILZ.NET

Italian soccer club Juventus' Fan Token ($JUV) has begun trading on Wednesday on Chiliz Exchange (Chiliz.net), the world's first exchange platform for sports & entertainment launched in January 2020. This is the first among a new tradeable class of digital asset linked to a professional sporting club, making Juventus the first tokenized sports team.




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Italian News Agency ANSA Using Blockchain To Fight Fake News

Italian news agency ANSA is using blockchain technology to fight fake news by enabling readers to check the source of the news with its new ANSAcheck news tracking system developed in collaboration with Ernst & Young (EY). Through the EY blockchain HUB in the EY Mediterranean Region, EY has developed a solution which is based on EY OpsChain Traceability technology.




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Socios.com To Launch COVID-19 Immunity Passes For Football Fans

Fan engagement platform Socios.com plans to launch blockchain-powered COVID-19 immunity passes for global football fans to enable them to attend live games at stadiums in the aftermath of the coronavirus (COVID-19) pandemic. The Socios Pass, an ID and immunity verification tool, will allow fans holding "Proof of Immunity" to return to the stadium and watch live games more safely and securely.




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COVID-19 Forces More People To Work From Home. How's It Going?

About a third of Americans are working from home because of the coronavirus. The technology that enables this has been around for many years, but it took a pandemic to force the move to remote work.




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2 Mortgages, No Income: Sell The House Or Rent It Out, An Airbnb Host Wonders

Josep Navas Masip purchased a second home in Philadelphia and was renovating it for use as an Airbnb when the coronavirus crisis hit. Now his plans are canceled and he's unsure what to do for income.




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How The Bank Of America Is Dealing With The Coronavirus Crisis

NPR's Mary Louise Kelly speaks with Brian Moynihan, the Bank of America CEO, about banks raking in fees from the Paycheck Protection Program.




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Google Says Most Of Its Employees Will Likely Work Remotely Through End of Year

The tech giant announces it is extending its previous work-from-home plans for most of its staff and will begin reopening offices this summer.




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Wall Street Might Open Deep In Negative Territory

Early signs from the U.S. Futures Index suggest that Wall Street might open in negative.




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Wall Street To Open Positive

One of the worst monthly jobs report is expected on Friday, with the unemployment rate for the month of 16.4 percent in April, compared to 4.4 percent in the prior month. Trading on Friday is likely to be driven by reaction to the monthly jobs report.




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U.S. Stocks May Open Higher Despite Record Job Losses

Stocks are likely to move higher at the start of trading on Friday, extending the strong upward move seen in the previous session. The major index futures are currently pointing to a higher open for the markets, with the Dow futures up by 277 points.




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U.S. Stocks Regain Ground After Seeing Initial Weakness

After coming under pressure early in the session, stocks have regained some ground over the course of morning trading on Monday. The major averages have bounced well off their lows of the session, with the tech-heavy Nasdaq climbing into positive territory.




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U.S. Stocks Remain Firmly Positive After Early Rally

After moving significantly higher early in the session, stocks have seen some further upside over the course of the trading day on Thursday. With the upward move on the day, the tech-heavy Nasdaq has turned positive for 2020.




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Nasdaq Returns To Positive Territory For 2020 Amid Strength On Wall Street

Following the mixed performance seen in the previous session, stocks moved mostly higher during trading on Thursday. With the upward move on the day, the tech-heavy Nasdaq returned to positive territory for 2020.




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Profit Taking Contributes To Pullback On Wall Street

Stocks showed a notable move to the downside during trading on Thursday, giving back ground following the rally seen over the course of the previous session.




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Wall Street To Open Moderately Positive

Several countries are relaxing restrictions in the hope that the COVID-19 pandemic is tapering. The rally in U.S. shares has boosted the confidence of investors.




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U.S. Stocks Remain Firmly Positive After Early Rally

After showing a strong move to the upside early in the session, stocks remain firmly positive in mid-day trading on Tuesday. With the upward move, the major averages are extending the rebound seen over the course of the previous session.




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Wall Street Aims To Open Positive

ADP's report on private-sector employment might be the major economic announcement on Wednesday. Closely watched Labor Department jobs report is scheduled on Friday.




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U.S. Stocks Finish With Sharp Gains

Traders shrugged off a report showing a sharp contraction in U.S. economic activity, sending stocks sharply higher during trading on Wednesday. The major averages have all surged into positive territory after ending the previous session in the red.




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Scientists Find Nearest-Known Black Hole, In Distressingly Fitting Metaphor

The black hole is roughly 1,000 light-years from Earth — and more than 2,000 light-years closer than the next one known. What's more, scientists say, it may be just "the tip of an exciting iceberg."




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Molly Webster: Is Our Definition Of "Sex Chromosomes" Too Narrow?

Over a century ago, one part of our DNA got labelled the "sex chromosomes." Science and radio journalist Molly Webster explains the consequences of that oversimplification.




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The Coronavirus Is Mutating. That's Normal. Does That Mean It's More Dangerous?

There are various studies looking at changes to the virus genome — and the possible impact on how the virus affects humans. Here's what we know (and don't yet know) about mutations.




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Coronavirus FAQs: Do Temperature Screenings Help? Can Mosquitoes Spread It?

And as summer nears, the question must be asked: Is it risky from a COVID-19 standpoint to go in a swimming pool?




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UK Passes 10,000 Mark In COVID-19 Deaths; PM Johnson Leaves Hospital

British Prime Minister Boris Johnson was discharged from hospital on Sunday, when the country's coronavirus death toll passed a grim landmark of 10,000. Boris Johnson was tested positive for coronavirus with mild symptoms on March 27. He was admitted to St Thomas' Hospital in London after 10 days with "persistent symptoms" of coronavirus. He was moved to intensive care unit later as his symptoms




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Trump Does Not Agree With Georgia's Plan To Reopen

President Donald Trump voiced his disagreement with the Governor of Georgia's plan to reopen some of the state's businesses, saying it was "just too soon" to ease the lockdown. During his routine White House news conference on Wednesday, Trump said Governor Brian Kemp's decision to reopen bowling alleys, hair and beauty salons, tattoo parlors and other businesses on Friday is in violation of the federal guidelines he issued last week.




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White House To Wind Down Coronavirus Task Force

The Trump administration is preparing to wind down within weeks the White House taskforce that was formed to deal with the coronavirus pandemic in the country. This was announced by Vice President Mike Pence at a news conference Tuesday. He told reporters, "A reflection of the tremendous progress we've made as a country", the Trump administration was "starting to look at the Memorial Day [late Ma




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New Zealand March Building Permits Fall 21.3%

The total number of building permits issued in New Zealand in March tumbled a seasonally adjusted 21.3 percent on month in March, Statistics New Zealand said on Tuesday - standing at 2,904.




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U.S. Service Sector Activity Shrinks For First Time In Over Ten Years

A report released by the Institute for Supply Management on Tuesday showed U.S. service sector activity contracted for the first time since December of 2009 in the month of April. The ISM said its non-manufacturing index tumbled to 41.8 in April from 52.5 in March, with a reading below 50 indicating a contraction in service sector activity.




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US Author Colson Whitehead Wins Pulitzer Prize For Fiction For Second Time

US author Colson Whitehead has achieved the rare honor of winning the Pulitzer Prize for fiction for a second time. The African-American writer is only the fourth person ever to win the coveted prize twice in its century-old history. Whitehead was adjudged the best fiction writer for his novel The Nickel Boys, whoch tells the devastating story of abuse of black boys at a reform school in Jim Cro




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Optimism About Coronavirus Treatment May Generate Initial Buying Interest

The major U.S. index futures are currently pointing to a sharply higher opening on Friday, with stocks likely to add to the gains posted in the previous session.




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Profit Taking May Lead To Initial Pullback On Wall Street

The major U.S. index futures are currently pointing to a lower opening on Monday, with stocks likely to give back ground following the strong upward move seen last week.




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Futures Pointing To Initial Strength On Wall Street

The major U.S. index futures are currently pointing to a higher opening on Thursday, with stocks likely to regain some ground following the sharp pullback seen in the previous session.




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Profit Taking May Lead To Initial Weakness On Wall Street

The major U.S. index futures are currently pointing to a lower opening on Thursday, with stocks likely to give back some ground following the rally seen in the previous session.




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Futures Pointing To Initial Strength On Wall Street

The major U.S. index futures are currently pointing to a higher open on Tuesday, with stocks likely to extend the rebound seen over the course of the previous session.




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Cresco Labs Triples Cannabis Cultivation Capacity In Pennsylvania

Cresco Labs Inc. said it has completed the expansion project for its cultivation and manufacturing facility located in Brookville, Pennsylvania, enabling the company to triple its cannabis cultivation capacity in the state.




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Reckitt Benckiser Warns Not To Use Disinfectant Against COVID After Trump Remark

Disinfectant manufacturer Reckitt Benckiser issued a strong warning against administering its products such as Lysol and Dettol to the human body after President Donald Trump suggested researchers try putting disinfectants into coronavirus infected patients' bodies as potential treatment for the killer disease. "Under no circumstance should our disinfectant products be administered into the human




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Clever Leaves Inks Regional Supply Deal With Canopy LATAM

Clever Leaves, a multinational operator and licensed producer of pharmaceutical-grade cannabis as well as hemp extracts, and Canopy LATAM Corp., a wholly owned subsidiary of Canadian cannabis company Canopy Growth Corp. (CGC, WEED.TO), said they have entered into a regional supply agreement.




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Cresco Labs Q4 Loss Widens; Terminates Acquisition Of Tryke Companies

Cresco Labs Inc. on Monday reported a net loss for the fourth quarter that widened from last year as higher costs and expenses offset strong revenue growth.




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Interface Withdraws FY20 Outlook Amid COVID-19 - Quick Facts

While reporting financial results for the first quarter on Friday, commercial flooring company Interface, Inc. (TILE) said it has withdrawn its previously communicated financial guidance for the full-year 2020, due to the continued disruption of the global economy due to COVID-19, and the significant level of uncertainty created by the global pandemic.




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Dentsply Sirona Withdraws FY20 Outlook Amid COVID-19 - Quick Facts

While reporting financial results for the third quarter on Thursday, dental solutions company Dentsply Sirona, Inc. (XRAY) said it is withdrawing its previously communicated financial guidance for the full-year 2020 as a result of the uncertainty around the duration of the COVID-19 pandemic and its impact on the business.




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Telefonica Withdraws FY20 View, To Form UK JV With Liberty Global; Stock Dips

Shares of Telefonica SA were losing around 2 percent in the trading in Spain after the telecom major on Thursday reported weak first-quarter profit and withdrew fiscal 2020 guidance due to the current level of uncertainty amid Covid-19 impact. However, for the mid-term, the company backed 2022 guidance of revenue growth. Separately, Telefonica announced an agreement with Liberty Global.




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Stericycle Withdraws FY20 Outlook - Quick Facts

While reporting financial results for the first quarter on Thursday, Stericycle, Inc. (SRCL) said it is withdrawing its financial guidance for the full-year 2020 communicated on February 27, 2020, due to the magnitude and duration of the uncertain economic outlook in light of the COVID-19 pandemic.




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Cooper Tire & Rubber Withdraws FY20 Outlook Amid COVID-19 - Quick Facts

While reporting financial results for the first quarter on Thursday, tire maker Cooper Tire & Rubber Co. (CTB) said it is withdrawing its previously announced financial guidance issued on February 24 for the full-year 2020, due to the rapidly evolving environment and continued uncertainties resulting from the coronavirus (COVID-19) pandemic.




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Bristol-Myers Q1 Results Beat View; Cuts 2020 GAAP Profit Outlook

Biopharmaceutical company Bristol-Myers Squibb Co. (BMY) reported a loss in the first quarter, compared to profit last year. The company cut its GAAP earnings per share and revenue outlook for fiscal year 2020. But it reaffirmed annual adjusted profit guidance.




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Insight Enterprises Withdraws FY20 Outlook Amid COVID-19 - Quick Facts

While reporting financial results for the first quarter on Thursday, technology company Insight Enterprises, Inc. (NSIT) said it is withdrawing its 2020 financial guidance for net sales and adjusted earnings per share due to the high level of economic uncertainty and disruption caused by COVID-19.




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Hain Celestial Q3 Profit From Cont. Ops. Surges; Raises FY20 Earnings Outlook

Hain Celestial Group, Inc. (HAIN), an organic and natural products company, on Thursday reported net income from continuing operations for the third quarter of $25.04 million or $0.24 per share, up sharply from $8.78 million or $0.08 per share in the prior-year period.