Here's Why Portola Pharmaceuticals Fell as Much as 45.4% Today

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Here's Why Portola Pharmaceuticals Fell as Much as 45.4% Today

Shares of Portola Pharmaceuticals (NASDAQ:PTLA) lost over 45% today after the company reported preliminary full-year 2019 operating results. Investors were less than impressed by the company’s estimate for Andexxa revenue. Portola Pharmaceuticals …
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Adani buys one more port as billionaire founder bets on India infrastructure

MUMBAI (NewsRise) — Adani Group’s latest acquisition of a large deep-water Indian port underscores the conglomerate’s quest to dominate the infrastructure sector in Asia’s third-largest economy. On Friday, Adani Ports & Special Economic Zone said it …
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11 S&P 500 Stocks That Could Soar 20% or More in 2020

Never say never, but it’s hard to see stocks follow their amazing 2019 returns for a second straight year. S&P 500 stocks sent the index a whopping 29% higher in 2020. That’s a big deal. Keep in mind that the market’s long-term average annual gain comes to …
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Fed May Nudge a Key Rate Higher; Fed Adds $76.9 Billion in Overnight Money to Markets

Good day. A number of analysts now believe the Federal Reserve is on track to again change the rate it pays banks to park reserves on its books. But instead of what happened the last four times, these Fed watchers expect the central bank will move up the …
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The US is threatening European wineries with new tariffs. But Bay Area businesses would suffer

The Trump administration is considering two new tariffs on European wines of up to 100%. On the surface, the tariffs are intended to target European companies. But Bay Area importers, wine sellers and restaurateurs say the measures would also hurt …
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