Tag: Draw

Stocks rise as vaccine, merger news draw focus

Stocks rose Monday as investors considered positive developments around a coronavirus vaccine candidate, and eyed a flurry of newly announced mergers and acquisitions among major companies. Tech shares mostly shook off last week’s jitters.

[Click here to read what’s moving markets heading into Tuesday, September 15]” data-reactid=”17″[Click here to read what’s moving markets heading into Tuesday, September 15]

AZN) announced over the weekend that its late-stage Covid-19 vaccine trials with the University of Oxford had resumed, after safety concerns over a suspected adverse reaction from a participant had led the company to pause trials temporarily a week earlier. Shares rose about a 0.5% in early trading.” data-reactid=”22″AstraZeneca (AZN) announced over the weekend that its late-stage Covid-19 vaccine trials with the University of Oxford had resumed, after safety concerns over a suspected adverse reaction from a participant had led the company to pause trials temporarily a week

Read More

Pandemic Disruptions Draw Investor Attention to Supply-Chain Technology

The coronavirus pandemic stymied private-equity deal activity across almost every sector, particularly hospitality and restaurants, but investors predict that supply-chain technology will see its fortunes rise.

“The market itself was attractive to private-equity and growth equity investors prepandemic, but now it’s even more so,” said Dave Dolan, a managing director focused on transportation, logistics and supply-chain technology at investment bank DC Advisory. “It’s a space they know well and it’s addressing a large total adjustable market size. If you’re going to [invest] capital in this environment, this checks a lot of boxes.”

The coronavirus pandemic stands to intensify investor interest in technology focused on supply-chain management and logistics, as a greater reliance on e-commerce has put more pressure on the movement of goods. Companies continue to turn to technological innovation to help them manage disruptions caused by lockdowns and social distancing, as well as the economic fallout resulting from those

Read More