Markets
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Nurix’s stock rallies on Gilead’s option
Shares of Nurix Therapeutics Inc. NRIX, -1.79% gained about 6% in premarket trading on Monday after Gilead Sciences Inc. GILD, -0.40% said it exercised the option to exclusively license Nurix’s targeted protein degrader molecule, which is being considered as a tool to treat inflammatory conditions like rheumatoid arthritis. Per the terms, Gilead will pay $20…
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‘My elderly uncle’s lady friend is very manipulative’: He loaned a lot of money to this girlfriend. How can we protect him? Will she be able to contest his will?
My uncle was married many years ago, but he divorced and has remained single ever since. His first wife took him to the cleaners financially. They had no children. He is currently in a romantic relationship and has enjoyed the company of the same lady friend for many years. They live separately. He is opposed…
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‘Rushed action leads to more pain’: Where should I put my cash amid this banking crisis? Is my money safe?
Rising interest rates and stock-market volatility over the past year have added extra allure to the high-yield savings accounts and certificates of deposit that banks offer. Then came the stunning failure of Silicon Valley Bank, the closure of Signature Bank and the array of regional banks under pressure — all in a matter of days.…
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The 5 biggest investor mistakes of 2013
CHAPEL HILL, N.C. (MarketWatch) — The biggest mistake investors will make in 2013 will be to reduce their equity positions in favor of either cash or bonds. That, at least, was the consensus of a panel of top-performing advisers assembled Thursday at the World Money Show in Orlando. The show’s sponsor, InterShow, had asked me…
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S&P 500, Dow open higher as banking jitters ease after UBS-Credit Suisse deal
The S&P 500 and Dow opened higher on Monday after UBS Group agreed to buy its beleaguered Swiss peer, Credit Suisse, in a deal that was aided by Swiss authorities. The S&P 500 SPX, +1.30% gained 5 points, or 0.1%, to 3,921. The Dow Jones Industrial Average DJIA, +0.98% advanced 90 points, or 0.3%, to…
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Tesla outpaced European competitors in February, growing EU market share
Tesla Inc.’s new car registrations in the European Union shot up in February as the company took a bigger chunk of the bloc’s passenger car market compared with a year ago, according to figures released Tuesday by the European Automobile Manufacturers Association, known as ACEA. ACEA said that Tesla’s TSLA, +7.82% EU registrations, which reflect…
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UBS Stock Price | UBS Group AG Stock Quote (U.S.: NYSE)
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Cathie Wood’s internet fund make its first Microsoft purchase
Cathie Wood on Monday bought a stock she doesn’t trade very much — Microsoft MSFT, +0.17%. The ARK Next Generation Internet ETF ARKW, +5.36% bought $11 million worth of Microsoft, selling the equivalent dollar amount of Endeavor Group EDR, +2.61%, the talent agency. That’s the first purchase in that fund of Microsoft, according to the…
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U.S. stocks hold gains as bank tensions ease and Fed decision looms
U.S. stocks were holding onto gains midsession Tuesday after a sharply higher opening, while anxiety about the banking sector recedes and traders wonder how high the Federal Reserve will raise interest rates on Wednesday — if at all. How stocks are trading The S&P 500 SPX, +0.77% climbed 22 points, or 0.5% to 3,973 The…
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How to pick dividend-paying stocks
CHAPEL HILL, N.C. (MarketWatch) — So you’ve finally decided to heed the oft-repeated advice to invest in dividend-paying stocks. Now what? It turns out that you still have an overwhelmingly large number of stocks to choose among. In 2012, for example, more than 400 of the 500 stocks in the S&P 500 index SPX, +0.67%…