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Oil Prices Rally on Vaccine Buzz

Oil prices continued on the march Wednesday, rising for a fourth straight day and shrugging off an industry report showing a higher-than-unexpected rise in U.S. crude stockpiles and extending a rally driven by hopes that a Covid-19 vaccine will boost fuel demand. Brent crude was up 35 cents,...

Salesforce in recent talks to acquire Slack Technologies, WSJ reports (CRM) has recently been in talks to acquire Slack Technologies (WORK), Cara Lombardo, Liz Hoffman and Dana Cimilluca of Wall Street Journal report, citing people familiar with the matter. Any deal would likely value Slack at more than its current market capitalization of $17B,...

Quest says average turnaround time for Covid tests now 2-3 days

Quest Diagnostics said in a statement, "As we reported last week, the nationwide surge in COVID-19 cases is contributing to growing demand for our COVID-19 molecular diagnostic testing services. In addition, the average positivity rate of specimens across our served regions continues to limit...

Citron attacks Blink Charging, says shares heading back to $10

Andrew Left's Citron Research took to Twitter to attack Blink Charging, saying the stock should trade back to $10. The shares in morning trading are up 6% to $28.34. Citron said, "New most ridiculous EV stock is $BLNK. No $$ for R&D, management accused of securities fraud, no real revenues..

Needham downgrades Hologic ahead of COVID-19 testing decline

Needham analyst Mike Matson downgraded Hologic to Hold from Buy without a price target. The company is seeing a "massive benefit" from COVID-19 testing, but testing sales will begin to decline in 2021, Matson tells investors in a research note. While COVID will bring "sustainable benefits,"...

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