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AstraZeneca
Page 3 of AstraZeneca news, latest stories & analysis
Gold prices testing key resistance ahead of 2021
Gold prices have continued to rise as the hopes of fresh fiscal stimulus sent the U.S. dollar to its lowest point since April 2018.Fundamental analysis: Weaker dollar heping gold pricesThe dollar index plunged to its lowest mark in more than 2 years after U.S. Senate Majority Leader Mitch McConnell postponed…
December 31, 2020
Analyst talks Biotech sector, offers three picks for 2021
The biotechnology exchange-traded fund SPDR S&P Biotech ETF (NYSE: XBI) is up around 50% in 2020 and Jefferies’ managing director Michael Yee says the valuations are not only justified but sustainable in 2021. ‘Exciting stories’ for 2021 While looking at the Biotech sector, it is important to separate the small…
December 30, 2020
Coffee prices’ rally is likely to continue into the new year
On Wednesday, coffee prices were up by 0.04% to trade at $125.45. The uptrend is a reaction to the unfavourable weather conditions in Brazil and Vietnam. Subsequently, there are concerns over the commodity’s supply. As the world prepares to usher in a new year, investors are optimistic that the pre-pandemic…
December 30, 2020
Britain becomes the first country to approve AstraZeneca’s COVID-19 vaccine
AstraZeneca plc (LON: AZN) said it received approval from the United Kingdom for its COVID-19 vaccine that it developed in collaboration with Oxford University on Wednesday. Britain is the 1st country to have approved the pharmaceutical giant’s COVID-19 vaccine for use as it struggles to combat the pandemic that has…
December 30, 2020
Pfizer to deliver 100 million additional doses of its COVID-19 vaccine to the U.S. government
Pfizer Inc. (NYSE: PFE) said on Wednesday that it struck a £1.48 billion deal with the U.S. government under which it will now deliver an additional 100 million doses of its COVID-19 vaccine by the end of July. The ongoing pandemic has so far infected more than 18 million people…
December 23, 2020
AstraZeneca to acquire Alexion Pharmaceuticals for £29.50 billion
AstraZeneca plc (LON: AZN) said on Saturday that it will buy Alexion Pharmaceuticals (NASDAQ: ALXN) for £29.50 billion. The acquisition marks the largest for the British pharmaceutical giant in history. As per AstraZeneca, bringing the U.S. drug manufacturer under its umbrella will help diversify its portfolio and expand its footprint…
December 12, 2020
Gold prices decline for the third week amid optimism of economic recovery
Gold prices have been in the red for the third consecutive week. Today, the price of this precious metal rose by 0.03% to trade at $1,806. However, it is still on its lowest price level since July 2020. Optimism on economic recovery, coupled with investors attraction to emerging markets’ currencies…
November 27, 2020
AstraZeneca to launch a new global trial for its COVID-19 vaccine
In a statement on Thursday, CEO Pascal Soriot of AstraZeneca plc (LON: AZN) expressed plans of launching a new global trial that will study the efficacy of its Coronavirus vaccine at a lower dosage. AstraZeneca opened more than 1% down on Friday. It is currently trading close to the same…
November 27, 2020
EUR/USD pares losses after strong Germany GDP data
The EUR/USD price bounced back today as investors in forex reacted to the overall positive economic data from Germany. The weaker dollar also contributed to euro’s weakness. It is trading at 1.1875, which is 0.65% higher than yesterday’s low of 1.1800. EUR/USD bounces back after strong German GDP data…
November 24, 2020
Urban Outfitters’ profit climbs to £57.53 million in the third quarter
Urban Outfitters Inc. (NASDAQ: URBN) said on Monday that its profit remained robust in the fiscal third quarter. The company attributed its upbeat performance to its namesake retail brand that showed resilience in recent months. Urban Outfitters acknowledged that its efforts to minimise expenses also contributed to higher profit. Urban…
November 24, 2020
EUR/USD rises as vaccine news offset weak EU recession fears
The EUR/USD is up by more than 0.40% as European countries start planning for mass Covid-19 vaccinations. The pair is rising even after mixed flash manufacturing and services PMIs from the European Union. EUR/USD rises on vaccine hopes Covid vaccination about to start in Europe In the past few weeks,…
November 23, 2020
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