Wall Street rises as investors watch stimulus, pandemic and earnings

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BMO Capital Reiterates Market Perform Rating on Facebook (FB) Ahead of 2Q

July 27, 2020 7:00 AM EDT

BMO Capital analyst Daniel Salmon reiterated a Market Perform rating and $220.00 price target on Facebook (NASDAQ: FB) ahead of the company's 2Q earnings report. Salmon expects near-term trends to be among the strongest in BMO Capital's ad supported coverage universe and continues to believe boycotts... More

Moderna (MRNA) Initiates Phase 3 COVE Study of mRNA Vaccine Against COVID-19 (mRNA-1273)

July 27, 2020 6:53 AM EDT

Moderna, Inc., (NASDAQ: MRNA) a clinical stage biotechnology company pioneering messenger RNA (mRNA) therapeutics and vaccines to create a new generation of transformative medicines for patients, today announced that the Phase 3 study of its mRNA vaccine candidate (mRNA-1273) against COVID-19 has begun dosing participants. The Phase 3 study, called the COVE (Coronavirus Efficacy) study, is being conducted in collaboration with the National Institute of Allergy and Infectious Diseases (NIAID), part of the National Institutes of Health (NIH) and the Biomedical Advanced Research and Development Authority (BARDA), part of the Office of the Assistant... More