Weekly Download - August 3 | TiiCKER

Weekly Download - August 3

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Chris Tromp August 3, 2020
Stipple Bull and Bear

Pfizer and BioNTech select lead mRNA vaccine against COVID-19

Pfizer Inc. (Tii:PFE) and BioNTech SE (Tii:BNTX) today announced the start of a global (except for China) Phase 2/3 safety and efficacy clinical study to evaluate a single nucleoside-modified messenger RNA (modRNA) candidate from their BNT162 mRNA-based vaccine program, against SARS-CoV-2.

Senate GOP unveils coronavirus relief plan with 70% wage replacement in unemployment insurance

McConnell, of Kentucky, and his fellow Republicans unveiled the measure as Congress scrambles to respond to a pandemic still wreaking havoc across the country. GOP committee chairs outlined major parts of the legislation they hope will serve as a starting point in talks with Democrats on a bill that could pass both chambers of Congress.

AMC, Universal Agree to Trim Theatrical Window Before Movies Go Online

Movies will play in theaters for much less time before moving to home video under a new agreement between theater chain AMC Entertainment Holdings Inc. (Tii:AMC) and Universal Pictures (Tii:CMCSA), upending the way Hollywood has done business for decades.

Starbucks Says a Full Profit Rebound Is Over a Year Away

Consumer demand is still shifting quickly, and new COVID-19 outbreaks are forcing rapidly implemented operating changes, but Starbucks (Tii:SBUX) is now finally able to estimate when its business will be back to its normal growth cadence.

Scotts Miracle-Gro's stock soars toward a record after earnings beat, $5 special dividend

Shares of Scotts Miracle-Gro Co. (Tii:SMG) soared 10.0% toward a record high in premarket trading Wednesday, after the lawn and garden care products company reported a fiscal third-quarter profit that was well above expectations, raised its full-year sales outlook and announced a special dividend.

Inside the Microsoft Talks to Buy TikTok’s U.S. Business

Microsoft Corp. (Tii:MSFT) said it will move forward with plans to buy the U.S. operations of the hit video-sharing app TikTok, capping weeks of covert dealmaking that were almost upended by an 11th-hour intervention from President Trump.

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