Only a deaf person has not heard about the bitcoins during the last few weeks. It took the cryptocurrency nearly 9 months to climb from $300 to $1000 per coin, and then, just over the course of a few months it went up to its recording heights of nearly $3000 per bitcoin. While many people […]

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The Mexican peso has been a proxy currency for other developing and emerging economies in the world. Changes in the value of the peso have always reflected more than just Mexico’s economy, and that gave it the proxy status. Besides that, it has a lot of liquidity while still avoiding any capital controls, which investors […]

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Aegean Marine Petroleum Network Inc. (NYSE:ANW) announced financial and operating results for the third quarter ended September 30, 2016. Nikolas Tavlarios, Aegeans President, commented, We delivered another quarter of solid results against a backdrop of slowness in the container segment and volatile commodity markets. Despite these headwinds, we continue to achieve profitability and strong volumes […]

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Analog Devices, Inc. (NASDAQ:ADI) announced the acquisition of SNAP Sensor SA, a privately held company based in Switzerland that specializes in highly innovative vision sensing technologies. The acquisition will advance Analog Devices’ leadership position in sensing and signal processing and build upon platform-level Internet of Things (IoT) solutions such as ADI’s award-winning Blackfin Low Power […]

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Celator Pharmaceuticals Inc. (NASDAQ:CPXX) announced positive results from the Phase 3 trial of VYXEOS™ (cytarabine:daunorubicin) Liposome for Injection (also known as CPX-351) in patients with high-risk (secondary) acute myeloid leukemia (AML) compared to the standard of care regimen of cytarabine and daunorubicin known as 7+3. The trial met its primary endpoint demonstrating a statistically significant […]

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EUR/USD soared by more than 1% for the second consecutive session and touched its highest level in about two months during a massive sell-off in equity markets all over the world as concerns of a recession in China rose. EUR/USD Trading: EUR/USD traded between a range of 1.1229 and 1.1389 before it settled at 1.1384 […]

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