Despite ongoing concerns about the spread of the coronavirus, U.S. stock futures point sharply higher this morning as stocks continue to chip away at last Friday's losses.
to merchants on Amazon's sprawling e-commerce platform. The deal, if closed, would mark the second tech giant using Goldman as a back-end provider of bank-regulated services. of shaving start-up Harry's, citing competition concerns in the consumer shaving space. The deal, announced last May, would give Edgewell access to Harry's data and subscription base. For Harry's, it would provide a platform through which to expand beyond its nine factories.
Sanofi is the target of an investigation regarding the approval and marketing of its epilepsy drug Depakine. The drug is said to cause birth defects and slow development in babies when taken during pregnancy. Sanofi said it will "prove it has always complied with its duty to inform and been transparent."
BP reported better-than-expected profit for the fourth quarter, despite a 26% decline from a year ago, and the energy producer also raised its dividend by 2.4%. Tesla's joint venture partner Panasonic reported that their automotive battery business was profitable for the first time, and that it was ramping up production to keep up with demand from the automaker.
Activist investor Starboard Value revealed an approximately 9% stake in prepaid debit card issuer Green Dot , according to an SEC filing.
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