Ziopharm Oncology Inc., a developer of experimental cancer drugs, is in talks with potential partners to market its lead compound, palifosfamide, Chief Executive Officer Jonathan Lewis said.
Central-bank reserve shifts indicate the best foreign-exchange returns may be found by avoiding the “fading four” most-traded currencies in favor of the next tier, according to Samson Capital Advisors LLC.
The euro gained for a fourth day against the dollar as Italy sold 3 billion euros ($4.14 billion) of government bonds amid falling borrowing costs, boosting confidence in the region’s economy.
At a time when nations from Japan to Brazil are struggling to keep currency gains from damaging their economies, Reserve Bank of Australia Governor Glenn Stevens is welcoming a stronger exchange rate.
The dollar weakened the most in four weeks as Federal Reserve Chairman-nominee Janet Yellen told Congress that monetary stimulus was still needed to spur economic growth.
"For longer-term investors, it's a very healthy economy."
- Jonathan Lewis on Nov 19, 2014
Google, Commodities, Bonds, Chart of the Day