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Investors pull the plug on climate change denier after his shady deals come to light
2015-03-05 18:00:53| Chemicals - Topix.net
It looks like investors are abandoning Dr. Wei-Hock "Willie" Soon , after documents were released that proved the prominent U.S. climate change denier accepted $1.2M from oil and gas companies in exchange for lying about the causes of climate change. Exxon Mobil and the American Petroleum Institute were among the financial backers revealed by the documents, and now companies like that are questioning whether they should continue their relationship with Soon.
Investor's Corner: Reversals Can Shape A Great Base
2015-03-05 03:48:05| Auto Parts - Topix.net
In fact, it can be healthy, depending on the stock's action by the week's end and where that sharp decline happens within the stock's base. One element of a great base is a positive reversal, in which a stock falls in heavy volume but bounces back, ending up for the day or week.
ASX slips, led by banks, as investors reassess the market
2015-03-04 08:13:47| Automakers - Topix.net
Commonwealth Bank of Australia lost 0.9 per cent off the value of its shares on Wednesday, to $91.13. Photo: Getty Images The sharemarket continued its backward march after the central bank's surprise decision to keep rates on hold, with banks, miners, property trusts and Telstra leading the drop, but healthcare shares rose above the slide.
Investors short Juno Therapeutics, Amgen stocks, but that may not be bad news
2015-03-03 04:12:21| Biotech - Topix.net
More investors were shorting their biotech stocks in the first half of February than in the previous month, according to financial news site Benzinga . Of the top three companies with the most short sells, two have Puget Sound ties: Seattle-based Juno Therapeutics and California-based Amgen , which has offices in Bothell and Seattle until the end of the year.
Marijuana backers ask investors for $28 million
2015-02-28 16:42:39| Industrial Machines - Topix.net
Backers of the push to legalize marijuana in Ohio are seeking $28 million from investors to bankroll their campaign and buy property for growing facilities. And a video has emerged from a key supporter saying that Roger Blackwell - convicted in 2005 of 19 federal crimes related to insider trading - will be an investor if the measure is improved.
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