Uber Confirms New York Ebola Patient Rode Wednesday Oct 24, 2014 09:16AM

Fast-growing start-up Uber confirmed in a statement that New York Ebola patient, Dr. Craig Spencer (33), was a passenger in a Uber partner vehicle on Wednesday.

"We reviewed our records and were able to confirm that one of our driver partners in New York provided a ride to the patient yesterday evening," Uber said.

The company said they "immediately contacted the CDC and NYC Department of Health and Mental Hygiene (NYC DOHMH), which stated that neither our driver partner nor any of his subsequent passengers are at risk."

"We have communicated this to the driver, and the NYC DOHMH medical team met with the driver in person, assuring him that he is not at risk. Our thoughts are with the patient and his loved ones."

The Uber driver is said to be self quarantined.

Overnight, test confirmed Dr. Spencer, who returned to New York 10 days ago after treating Ebola patients in Guinea, has the deadly disease.

Ebola stocks on watch as the story plays out: iBio, Inc. (NYSE: IBIO), Lakeland Industries (Nasdaq: LAKE), Alpha Pro Tech Ltd. (NYSE: APT) , Versar (NYSE: VSR), Tekmira Pharmaceuticals (Nasdaq: TKMR) , Chimerix (Nasdaq: CMRX), Sarepta Therapeutics (Nasdaq: SRPT) , Hemispherx Biopharma (NYSE: HEB) , BioCryst Pharmaceuticals (Nasdaq: BCRX), Cerus Corp (Nasdaq: CERS) , NewLink Genetics (Nasdaq: NLNK).


Ebola Stocks on Watch; New York Doctor Tests Positive Following Guinea Trip Oct 24, 2014 06:54AM

(Updated - October 24, 2014 6:54 AM EDT)

Ebola stocks are on watch on headlines New York may have its first case of the deadly disease. Dr. Craig Spencer, who returned to New York from Africa 10 days ago, was rushed to the hospital, according to New York Post sources.

Spencer had Ebola-like symptoms upon being admitted, including a 105F fever and nausea. The doctor had been treating Ebola patients in Guinea, according to sources familiar with the matter.

* Headlines have the patient's test results expected to be released within 12 hours.

* The NYC health department is tracing all of the patients contacts, as well.

* NYC's health department is working closely with HHC.

* The patient returned to the U.S. within 21 days from West Africa.

UPDATE (10/24) -

Spencer has tested positive for the Ebola virus.

The doctor, a 33-year-old Doctors Without Borders volunteer, returned last Friday. Among other things, Spencer went bowling, used an Uber taxi, rode the subway, went on a run, bowled, and did numerous other activities in the days since his return and before he was diagnosed.

New York Department of Heath and Mental Hygiene commented, We don’t want to give the impression he self-quarantined, but he did limit his contact ... He did attempt to self-isolate.

Neighbors and the Uber driver are said to have self quarantined.

Ebola stocks on watch as the story plays out: iBio, Inc. (NYSE: IBIO), Lakeland Industries (Nasdaq: LAKE), Alpha Pro Tech Ltd. (NYSE: APT) , Versar (NYSE: VSR), Tekmira Pharmaceuticals (Nasdaq: TKMR) , Chimerix (Nasdaq: CMRX), Sarepta Therapeutics (Nasdaq: SRPT) , Hemispherx Biopharma (NYSE: HEB) , BioCryst Pharmaceuticals (Nasdaq: BCRX), Cerus Corp (Nasdaq: CERS) , NewLink Genetics (Nasdaq: NLNK).


SEC Likely to Enact Broader Set of Market Reforms on High Frequency Trading - FBN Oct 23, 2014 03:43PM

FOX Business Network’s (FBN) Senior Correspondent Charlie Gasparino reports, “the Securities and Exchange Commission (SEC) will “likely enact a broader set of market reforms to deal with a myriad market-structure issues, including the high-speed trading, sometime next year.” Gasparino said, the SEC “is conducting a holistic review of problems in the securities market, including, increasing use of private trading platforms known as dark pools.” Gasparino also reports Goldman Sachs, which operates one of the largest dark pools is, “weighing a move that wouldn’t allow those platforms to be used by outside investors,” but they, “wouldn’t completely shutter its dark pool.”

Excerpts from the report are below

On high-frequency trading laws:

“The FOX Business Network learned the Securities and Exchange Commission has all but ruled out enacting a separate set of laws to combat improprieties involving high-frequency trading. Instead, Wall Street's top cop will likely enact a broader set of market reforms to deal with a myriad market-structure issues, including the high-speed trading, sometime next year.”

On the SEC taking a holistic review:

“One person with direct knowledge of the SEC’s thinking says the regulator is conducting a holistic review of problems in the securities market, including the increasing use of private trading platforms known as dark pools, which have come under fire for failing to protect investors from predatory traders. The commission’s rule-making on dark pools could result in several shutting down, according to people with knowledge of the SEC’s thinking. Still major dark pool operators are weighing whether they will remain in the business”

On Goldman Sach’s dark pools operation:

“The FOX Business Network has learned Goldman Sachs (GS), which operates one of the market’s largest dark pools, is weighing a move that wouldn’t allow those platforms to be used by outside investors, including high-frequency traders, people close to the firm say. Goldman wouldn’t completely shutter its dark pool, but it would “re-purpose it” for internal trades exclusively, these people say.”


Sears Holdings (SHLD) Refutes Speculation of More Store Closings, Layoffs Oct 23, 2014 12:33PM

Sears Holdings (Nasdaq: SHLD) is disputing earlier reports of store closings and job cuts.

USA Today said the retailer is refuting allegations made in a SeekingAlpha blog post, which speculates that Sears would shutter 100 Sears and Kmart locations while laying off over 5,400 employees ahead of the 2014 holiday shopping season.

One Sears spokesperson told USA Today, As we stated in our (second quarter earnings report), we disclosed that we would be closing unprofitable stores as leases expire and in some cases will accelerate closings when it is economically prudent. And that we would consider closing additional stores during the remainder of the year ... Make no mistake, we believe the store will continue to play an integral role in our transformation, however, if a store is not generating a profit, it is straightforward that the store should be considered for closure.

Shares of Sears are up about 4.5 percent.


Apple (AAPL): Apple Pay Issue at BofA Impacting 'Very Small' Number of Users; Fix Available 'Shortly' Oct 22, 2014 03:55PM

Apple (Nasdaq: AAPL) said it is aware of Apple Pay issues affecting Bank of America (NYSE: BAC) users, according to Bloomberg headlines.

The company said Apple pay is off to an 'amazing start' and the issue affect just a 'very small number' of users.

There will be a fix for BofA users available 'shortly.'


More Insiders' Blog

View Older Stories

Oct 22, 2014 03:50PM Reynolds American (RAI) to Prohibit Workplace Smoking
Oct 22, 2014 03:02PM Twitter (TWTR) Debuts 'Fabric' Modular Mobile Platform for Developers
Oct 22, 2014 02:27PM Yahoo! (YHOO) Finance Launches New Interactive Charts
Oct 22, 2014 02:15PM lululemon athletica (LULU), Under Armour (UA) on Watch as Nike Debuts Spring/Summer 2015 Women’s Collections
Oct 22, 2014 01:54PM Bank of America (BAC) Confirms ApplePay (AAPL) Double-Charge Issue, Working to Fix and Refund Duplicate Charges
Oct 22, 2014 11:04AM Johnson & Johnson (JNJ) CEO Looks to Have 250,000 Doses of Ebola Vaccine Available by May
Oct 21, 2014 05:44PM Joseph Weisenthal is Leaving Business Insider for Bloomberg
Oct 21, 2014 05:10PM UPDATE: GT Advanced Technologies (GTAT) attorney says consensual accord with Apple reached - Bloomberg
Oct 21, 2014 05:44PM Joseph Weisenthal is Leaving Business Insider for Bloomberg
Oct 21, 2014 05:10PM UPDATE: GT Advanced Technologies (GTAT) attorney says consensual accord with Apple reached - Bloomberg
Oct 21, 2014 05:10PM UPDATE: GT Advanced Technologies (GTAT) attorney says consensual accord with Apple reached - Bloomberg
Oct 21, 2014 02:32PM Tesla's (TSLA) Model S P85+ Continues to Receive Accolades at One Notable Auto Magazine
Oct 21, 2014 02:14PM Michigan Governor Snyder Decides to Sign Bill Banning Direct Sales from Tesla (TSLA)
Oct 21, 2014 11:13AM Prince Al-Waleed bin Talal Talks Oil Prices, Stocks and ISIS on FBN
Oct 20, 2014 04:58PM Maria Bartiromo to Interview Prince Al-Waleed bin Talal Tuesday, October 21st
Oct 20, 2014 11:47AM Recent Investor Exodus from Western Digital (WDC) Might Create Buying Opportunity - Barron's
Oct 20, 2014 06:48AM Tesla (TSLA) Plans Model S Promotion Through Alibaba's Tmall
Oct 17, 2014 12:46PM Billionaire Mark Cuban Buying Netflix (NFLX) Stock
Oct 17, 2014 12:46PM Billionaire Mark Cuban Buying Netflix (NFLX) Stock
Oct 17, 2014 09:38AM Facebook (FB) Deals Blow to Snapchat with Lates iOS Mobile App Update
Oct 17, 2014 08:15AM Investors Yank Record Amount from European Equity Funds
Oct 17, 2014 08:09AM U.S. Video Game Sales Rose 2% in Sept.; Hardware Led Gains (EA) (ATVI) (MSFT) (SNE)
Oct 16, 2014 05:27PM Apple's (AAPL) iPad Mini 3: Not Much has Changed
Oct 16, 2014 05:12PM Twitter (TWTR) Debts Audio Card
Oct 16, 2014 01:53PM SEC Charges HFT Firm Athena Capital With Fraudulent Trading to Manipulate Closing Prices
Oct 16, 2014 12:34PM Apple (AAPL) in Focus Ahead of iPad Event
Oct 16, 2014 07:28AM White House Updates on Efforts to Contain Ebola Outbreak (CMRX) (VSR) (BCRX)
Oct 15, 2014 01:19PM U.S. Ebola Outbreak Containment in Question as 2nd Nurse Contracts Disease, Travels to Cleveland
Oct 15, 2014 12:30PM Apple (AAPL) to Halt Fitbit Sales in Stores - Re/code
Oct 15, 2014 12:19PM Google (GOOG) Debuts New Nexus Devices, Android 5.0 'Lollipop'
Oct 15, 2014 11:47AM Tesla's (TSLA) Battery-Swapping Stations to Appear Before End of 2014
Oct 15, 2014 11:32AM Airline Stocks on Watch as 2nd Ebola Nurse Flew Two Days Ago (UAL) (DAL) (LUV) (more...)
Oct 15, 2014 09:30AM Apple (AAPL) iOS Apps Outpace Google (GOOG) in Revenue During Q3
Oct 14, 2014 02:30PM Macy's (M) Plans to Open Two Hours Earlier for Black Friday
Oct 14, 2014 02:10PM Amazon.com (AMZN) Pushes into Exclusive Mobile Gaming Content (ZNGA) (GLUU)
Oct 14, 2014 12:59PM Sears Holdings (SHLD) Apologizes for Swastika Item
Oct 14, 2014 10:09AM NIH Offers Update on Progress of Ebola Treatments and Vaccines (NLNK) (CMRX) (BCRX)
Oct 14, 2014 08:23AM All Aboard for the Homebuilder 'Hope Trade' (LEN) (DHI) (PHM) (XHB)
Oct 14, 2014 07:29AM Chevron (CVX) Said to Delay Start of $12B Deepwater Project in Indonesia
Oct 14, 2014 06:48AM Google (GOOG) Renames Shopping Effort as 'Google Express'; Expands to Three New Cities
Oct 14, 2014 06:30AM Tesla Motors (TSLA) to Build 400 Charging Outlets at Minsheng Bank Locations in China
Oct 13, 2014 04:52PM GoPro (GPRO) Stock Could Be Set For Another Rocky Earnings Report
Oct 13, 2014 02:23PM Microsoft (MSFT) Surpasses 1 Million Registrant Milestone with Windows 10 Technical Preview
Oct 13, 2014 12:35PM Microsoft (MSFT) Offers Xbox Live Rewards Members Incentives to Pre-Order Two Upcoming Titles
Oct 13, 2014 10:37AM Kerrisdale Capital Says GlobalStar (GSAT) TLPS Suffers from Numerous Deficiencies; Sends Letter to FCC
Oct 13, 2014 10:33AM Fiat Chrysler Automobiles (FCAU) Completes Merger, Begins Trading on NYSE (F) (GM)
Oct 13, 2014 09:50AM Herbalife (HLF) Looks to Rein in Sales Forces as Regulators Circle
Oct 13, 2014 08:42AM Bill Ackman Preparing New 'Decent-Sized' Stake, Talks IPO, Allgergan (AGN), Herbalife (HLF) and Fannie/Freddie (FNMA) (FMCC)
Oct 13, 2014 07:21AM Netflix (NFLX) Updates ISP Speed Index for Sept.; Verizon (VZ) Makes Big Gains
Oct 12, 2014 01:32PM Caregiver of Dead U.S. Ebola Patient Tests Positive for Ebola
View Older Stories