Featured, Slideshow, Story. Libmeldy, which is designed to treat children suffering from the infantile for juvenile forms of MLD by replacing the defective ARSA gene, received its approval for medical use in the EU in December 2020.Wedbush analyst David Nierengarten notes the European approval of Libmeldy, and its implication for Orchard’s progress. All rights reserved. On October 1, 2007, Japan Post was privatized following a fierce political debate that was settled by the general election of 2005. Shares hit new split-adjusted highs of $740.84 earlier in the session.The stock was up 2.17% to $751 in after-hours trading.Latest Ratings for TSLA DateFirmActionFromTo Jan 2021Exane BNP ParibasDowngradesNeutralUnderperform Jan 2021JP MorganMaintainsUnderweight Dec 2020CFRADowngradesStrong BuyHold View More Analyst Ratings for TSLA View the Latest Analyst RatingsSee more from Benzinga * Click here for options trades from Benzinga * Tesla, Volkswagen, Renault See Strong Share In Europe: Over 1 Million EVs Sold In 11 Months * 2021 Predictions From Loup Ventures: Apple First Among FAANG, A Tesla Robotaxi, New Peloton Equipment(C) 2021 Benzinga.com. The gene therapy approach uses blood stem cells to deliver corrected genetic information directly into the patient’s body.Orchard’s pipeline demonstrates the diversity of disorders amenable to gene therapy – the company has no less than 12 drug candidates in development. Two analysts are raising their price targets on Apple stock, with both taking note of strong demand for the new iPhone 12 phone lineup. (See GILD stock analysis on TipRanks)To find good ideas for beaten-down stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.Disclaimer: The opinions expressed in this article are solely those of the featured analysts. He writes, “We look forward to the company’s commercial execution in the EU and an eventual 2022 approval in the US. (as aides refer to the present occupant of the Oval Office… Amazon is pressing ahead with its own delivery systems while Uber-style delivery firms may grow in importance. (See ICPT stock analysis on TipRanks)Gilead Sciences (GILD)Gilead has had a year like a firework – fast up and fast down. As it is, the postal service is organized the way a government agency would be -- despite its supposed self-sufficiency -- with a politically appointed “board of governors” and no ownership per se. All rights reserved. Japan Post The postal service itself has even said that privatization is a viable way to reform the organization’s money-losing operations. Victims May Be Paid Millions For Using Baby Powder, Alibaba Option Trader Makes $2M Bet On 33% Upside, Tesla Gets Street-High $810 Price Target From Morgan Stanley, Stock market news live updates: Stock futures drift ahead of Georgia Senate runoff results, Nasdaq futures sink 2% as investors brace for possible Blue Wave, Blockchain Bites: JPMorgan’s $146K BTC Target, Crypto Responds to US Treasury’s Proposed Wallet Rule, Alibaba Suffers Fresh Setback As Trump Bans Transactions With Alipay. Citing Larazotide as a key component of his bullish thesis, the analyst noted, “We acknowledge investors are likely to see a pivotal trial in a tough-to-crack Celiac disease program as high risk despite encouraging Ph2b data. The Dutch, Belgians, and Austrians have privatized their own postal services, with respective governments retaining some of the stock. In 1995 Germany privatized Deutsche Post. In this case, given the relatively large sizes of Tuesday's biggest Alibaba option trades, they could certainly be institutional hedging.Related Link: How To Read And Trade An Option Alert China's Alibaba Crackdown: As strange as it sounds, much of Tuesday's rally may have to do with a report by CNBC that Alibaba founder Jack Ma is alive and well. “The U.S. The study recommended increased use of part-time workers, as in the Netherlands and Germany, where 40 percent of postal workers work part time. Find great deals on travel insurance, travel money, car insurance, savings accounts, financial services and more here at Post Office. Privatization may sound radical to some America… 5 Years From Now, You'll Probably Wished You Grabbed This Stock. Markets Brace for a Blue Wave After Georgia Senate Races. Treating liver disease through the FXR biology has direct applications for PBC, and is showing promise treating complications from NASH.ICPT shares dropped sharply last summer, when the FDA rejected the company’s application to approve OCA for treatment of NASH-related liver fibrosis. Democratic challenger Raphael Warnock won a hotly contested Senate race in Georgia over Republican incumbent Kelly Loeffler, TV networks and Edison Research projected. Only Buy ratings, 3, in fact, have been issued in the last three months. (A previous version of this story corrected Berkshire’s name in sixth paragraph and the size of Ant’s IPO in last. For example, when Germany privatized the Deutsche Post in 1995, it helped saved the country’s mail system. And it didn’t end in a disaster. This growth trajectory suggests potential for a rapid acceleration when conditions improve," Messer wrote.To this end, Messer rates ESPR shares a Strong Buy, and his price target, at $158, suggests the stock has room for huge growth this year – up to 481% from current levels. This delays the drug’s potential entry to a lucrative market; there is no current treatment for NASH, and the first drug to win approval will have the lead in reaching a market estimated at $2 billion to $5 billion in potential annual sales. 08/02/2012 01:14 pm ET Updated Oct 02, 2012 The United State Postal Service (USPS) was created in 1775 -- a year before the signing of the Declaration of Independence. Er, good point, Mr. President. A privatized Postal Service could be structured like an investor-owned utility and continue to be regulated by the Postal Regulatory Commission (PRC), a successor agency, or another Federal regulator such as the Federal Trade Commission, consistent with the existing models of privatization in … Not to mention each one gets a “Strong Buy” consensus rating from the analyst community.9 Meters Biopharma (NMTR)Some biopharma companies take a broad-based approach, while others focus on a niche. Mobile applications provided by Alibaba Group Holding Ltd (NYSE: BABA)-backed Ant Group will be banned under an executive order issued Tuesday by outgoing President Donald Trump.What Happened: U.S. transactions with the Hangzhou, China-based Ant Group's Alipay, which had over 1.2 billion users worldwide as of October 2019 as per Xinhua, will be banned.The order will only come into force after Trump leaves office as it is scheduled to be applicable in 45 days' time. Members of Congress, and especially Republicans, love to chide the postal service for epic losses that may ultimately necessitate some sort of bailout. $4.69 billion has been awarded to women with ovarian cancer linked to Talcum Powder use. China has cracked down on Alibaba and its affiliate Ant Financial after Ma made critical comments about Chinese government regulators back in October.Ma hasn't made a public appearance in months, leading some to speculate that the Chinese Communist Party had Ma imprisoned or worse following his comments. The shares, trading at $27.16, have an average price target of $63.33, implying a one-year upside of 133%. The company has been working, in conjunction with Galapagos (GLPG), on development of filgotinib as a treatment for rheumatoid arthritis. The postal service could still be required to offer universal mail delivery to every home in America, much as utilities and phone companies deliver electricity and phone service virtually everywhere. The lead compound, obeticholic acid (OCA), is an analog of the bile acid CDCA, and as such can take a role in the FXR pathways and receptors implicated in chronic liver disease. She sees the leadership transition as part of these efforts, and writes, “[We] believe that Dr. Pruzanski's dedication to transform the liver space is still strong, and that he will continue to guide ICPT's progress as an advisor and Board member. Given its $4.33 average price target, upside of 386% could be in store for investors. With a market environment like that, finding stocks that are caught in the doldrums is harder than it looks. The gains came in 1H20, when it appeared that the company’s antiviral drug remdesivir would become a prime treatment for COVID-19. Privatization might solve some of those problems by allowing the USPS to slash underperforming units, develop innovative new products and curtail losses that show no sign of abating. It is very important to do your own analysis before making any investment. But they won’t transform the business model nearly as deeply or rapidly as privatization would. He is succeeded by Jerome Durso, formerly the company’s COO, who will also take a post on the Board of Directors. "Why It Matters: Trump's move is the latest setback for Jack Ma-founded Alibaba, which is also facing an antitrust probe in China.See Also: Chinese Financial Regulators Order Ant Group To 'Overhaul' Its BusinessLast August, Trump had signed an executive order to ban ByteDance's short-form video app TikTok unless its parent agreed to sell the app.A federal judge had subsequently issued orders to halt the ban on TikTok the following month.Oracle Corp (NASDAQ: ORCL) and Walmart Inc (NYSE: WMT) agreed to purchase TikTok, prior to the relief granted by the court.As per the latest reports, Ant Group could be forced to divest a part of its equity portfolio. All rights reserved. The decision has been made in accordance with the Third Five-Year Development Plan (2000-2005) of the country. The right time to buy, of course, is when stocks are priced at the bottom. The government would continue to regulate postage rates under privatization, but the postal service would probably insist on higher rates in order to fully cover costs. The offering gives the company a boost in available capital for further work on its development pipeline and its marketing efforts for bempedoic acid.Chad Messer, covering ESPR for Needham, sees the note offering as a net positive for Esperion. CeD affects about 1% of the population, yet there are no approved therapies. Benzinga does not provide investment advice. Upstart lidar company Aeva is led by two former Apple executives looking to shake up the industry. That will be a 25% increase for the index.A general market environment like that is bound to produce plenty of stock winners, and Wall Street’s analysts are busy pointing them out. We model $705M/$353M in peak unadjusted/adjusted sales and see potential upside of 400% - 1650% from positive Ph3 readout.”Devarakonda also sees “significant unmet need in SBS” and continues to believe that “NM-002 has a differentiated profile vs. SOC.” His key takeaways from the recent Phase 1b/2a results include: “1) we believe that the drug showed early activity in SBS patients; all 9 patients showed meaningful reduction in total stool output volume; average TSO reduction was 42% from baseline; 2) responses occur rapidly, with effects on TSO seen within 48 hours of dosing; 3) safety profile looks favorable, we would like to see greater durability.”To this end, Devarakonda rates NMTR shares a Buy along with a $5 price target. Also, after Charles Koch became the biggest funder of the Libertarian Party, its platform included direct abolition of the Postal Service. (See ORTX stock analysis on TipRanks)To find good ideas for penny stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.Disclaimer: The opinions expressed in this article are solely those of the featured analysts. (To watch Rahimi’s track record, click here)Wall Street is somewhat more divided on the drug maker. There’s a strong feeling growing among investors – of relief – that the new year will feature lower volatility than 2020. Benzinga does not provide investment advice. In addition, the $73.94 average price target indicates 25% upside potential from current levels. Pruzanski will remain as an advisor, and will hold a director’s position on the company’s Board.Piper Sandler analyst Yasmeen Rahimi takes a deep dive into Intercept’s continuing efforts to expand applications of OCA and to resubmits its New Drug Application to the FDA. The trade represented a roughly $1.66-million bearish bet.Why It's Important: Even traders who stick exclusively to stocks often monitor option market activity closely for unusually large trades. The company updated its full-year 2020 guidance on product sales from $23 billion to $23.5 billion.Among the bulls is Oppenheimer analyst Hartaj Singh, who gives GILD shares an Outperform (i.e. (Bloomberg) -- Zhong Shanshan is setting new wealth records.The chairman of Nongfu Spring Co., a bottled-water company that’s ubiquitous in China, is now richer than Warren Buffett as his fortune surged $13.5 billion since the start of the year to $91.7 billion on Tuesday, according to the Bloomberg Billionaires Index.Zhong, 66, is now the sixth-wealthiest person on the planet. (Reuters) -Futures tracking the technology-heavy Nasdaq 100 index sank 2% on Wednesday as investors priced in the prospect of a Democrat-controlled Senate that could lead to tighter regulations on technology mega-caps. The government has decided: The post office will be privatized Macedonia 14.10.2020 / 12:10 At Tuesday’s session, the Government established the new text of the Law amending the Law on Postal Services, which will be submitted for adoption by the Parliament. The privatized Dutch post office, PostNL, fired older letter carriers and replaced them with workers paid per item or part time, many earning less than minimum wage. Wirecard shares rose 16% on Wednesday after more than doubling on Tuesday and gaining 58% on Monday. Some might argue that under the proposed public option, direct private competition will in fact be allowed, whereas direct competition with stamped-envelope postal delivery is not allowed. It is very important to do your own analysis before making any investment. * At 10:56 a.m., a trader bought 1,000 Alibaba put options with a $215 strike price expiring on Jun. The Post office still follows a 19th century model in a 21st century world. Among these candidates, Libmeldy (OTL-200) stands out.Libmeldy is in commercialization stages as a treatment for MLD (metachromatic leukodystrophy), a rare, mutation-based genetic disorder of the nervous system. Britain’s postal service, the Royal Mail, has just joined the private sector as part of an effort by the U.K. government to raise cash to help pay down its debts. Zhong, the biggest winner from Asia, amassed more than $71 billion, the most after Tesla Inc.’s Elon Musk and Amazon.com Inc.’s Jeff Bezos.One notable exception is Jack Ma, until recently Asia’s richest person. Chinese regulators are also considering asking the fintech firm to share consumer data, as per a Wall Street Journal report on Tuesday.Price Action: Alibaba shares traded 2.08% lower at $235.40 in the after-hours trading on Tuesday after closing almost 5.5% higher at $240.40.See more from Benzinga * Click here for options trades from Benzinga * Pinduoduo Faces Scrutiny As Employee Dies Working Past Midnight * Alibaba's Jack Ma Now Trails Pinduoduo And Tencent CEOs In Wealth(C) 2021 Benzinga.com. They gained 0.7% on Wednesday.It’s only the second time a Chinese national has broken into the world’s Top 10 -- property tycoon Wang Jianlin hit No. If you have sent something using one of Royal Mails tracked services, use the Track and Trace tool to check the progress of your item. The analyst raised the 2030 volume estimate to 5.2 million units from 3.8 million units. Shares are priced at $25.82, and the average price target of $59.19 suggests an upside potential of 132% for the next 12 months. You don't need no stinking service! Ernieyeball says: This figure indicates an impressive 220% upside for the next 12 months. CTT Correios de Portugal, S.A. CTT has become a public limited company in 1991, and in December 2013 the shares were listed on Euronext Lisbon. For all those billions, at least we still have cheap stamps. Takes less than a minute to see if you qualify! * At 10:10 a.m., a trader sold 300 Alibaba put options with a $235 strike price expiring in Jan. 2023 at the ask price of $54.30. Along the way, it has pioneered delivery lockers, at which consumers can … What He’s Buying Instead. 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Finally, he got to the good stuff and re-examined the drivers of the run-up in the market, namely “intense speculation” as well as “fiscally pumped, central bank-primed corporate earnings” as the Federal Reserve moved real interest rates to near zero. U.S. Rep. Emanuel Cleaver recalls the days when, every morning at 10, his grandmother would walk to the post office in Waxahachie, Texas, to catch up with friends, family and other community members. The post office has been woven into the fabric of American society since 1775, when the Second Continental Congress appointed Benjamin Franklin as the first postmaster general. Since a post office can’t be closed for strictly economic reasons, it helps to have a lease “problem” to justify a closure — a practice that has been criticized by the Postal Regulatory Commission. This millionaire PhD has boiled down what’s happening into 2 words. I think investors deserve much better than to say that there's no opportunity for income in this market. A rare and historically very profitable stock buy signal is flashing right now. June 24, 2018. His net worth has dropped about $10 billion since October and he’s now the world’s 25th-richest person. (To watch Nierengarten’s track record, click here)Do other analysts agree with Nierengarten? ICPT's Moderate Buy consensus rating is based on 17 reviews, including 8 Buys and 9 Holds. The United States Postal Service (USPS; also known as the Post Office, U.S. Mail, or Postal Service) is an independent agency of the executive branch of the United States federal government responsible for providing postal service in the United States, including its insular areas and associated states.It is one of the few government agencies explicitly authorized by the United States Constitution. Privatize the Post Office. Since Germany privatised Deutsche Post in 1995, the firm has expanded massively. ! Government expansion into our medical delivery system will be just as lumbering and inefficient as the post office is in our mail and package delivery system. The greater probability of higher taxes and increased regulation with the presidency and Congress controlled by Democrats had stock index futures trading lower. Buy), and his $15 price target indicates a potential for 241% growth in the year ahead. Given the relative complexity of the options market, large options traders are typically considered to be more sophisticated than the average stock trader.Many of these large options traders are wealthy individuals or institutions who may have unique information or theses related to the underlying stock.Unfortunately, stock traders often use the options market to hedge against their larger stock positions, and there's no surefire way to determine if an options trade is a standalone position or a hedge. The company’s main product, bempedoic acid, is now available in tablet form under the brand names Nexletol and Nexlizet.In February 2020, both Nexletol and Nexlizet were approved as oral treatments to lower LDL-C. Bempedoic acid remains in clinical trials of its efficacy in risk reduction for cardiovascular disease. The trial, called CLEAR Outcomes, is a large-scale, long-term study, tracking more than 14,000 patients with top-line data expected in the second half of 2022. Britain’s postal service, the Royal Mail, has just joined the private sector as part of an effort by the U.K. government to raise cash to help pay down its debts. Congress should privatize the USPS, repeal its legal monopolies, and give the company the flexibility it needs to innovate and reduce costs. Wall Street Is Getting Excited. Additionally, we have had the pleasure of working closely with Jerry Durso and believe that he will transform the company and lead ICPT's success in growing the PBC market and the path to potential approval and commercial launch of OCA in NASH.”Rahimi takes a long-term bullish stance on ICPT, giving the stock an Overweight (i.e. 10 Buys, 12 Holds and 1 Sell add up to a Moderate Buy consensus. (To watch Messer’s track record, click here)Overall, Esperion has 6 recent reviews on record, with a breakdown of 5 Buys and 1 Hold to give the stock a Strong Buy rating from the analyst consensus. “It’s just because we’re rich. 18 at the ask price of $16.60. Postal Service to help solve financial woes that include $41 billion in losses since 2006 and a business model that’s about as current as a 22-cent stamp. “American voters overreact to these kinds of things,” says Atkinson. Benzinga does not provide investment advice. PLUS: The OCC's green light for banks to use stablecoins, Brazil's booming crypto sector and the bitcoin mining machine supply crunch. Some are just one mile away from other post offices. Follow him on Twitter: @rickjnewman. (See ESPR stock analysis on TipRanks)Intercept Pharma (ICPT)Liver disease is a serious health threat, and Intercept Pharma is focused on developing treatments for some of the more dangerous chronic liver conditions, including nonalcoholic steatohepatitis (NASH) and primary biliary cholangitis (PBC). (To watch Singh’s track record, click here)Backing his stance, Singh writes, “We continue to believe in our thesis of (1) a dependable remdesivir/other medicines business against SARS-CoV flares, (2) a base business (HIV/oncology/HCV) growing low-single digits over the next couple of years, (3) operating leverage providing greater earnings growth, and (4) a 3-4% dividend yield.” What does the rest of the Street think? That along would be enough to boost spirits, but better yet, there is also a perception that the markets are going to drive higher in the new year.Marko Kolanovic, JPMorgan’s well-known quant expert, sees the initial stages of a positive feedback loop, with lower volatility and systematic investment strategies coming together to drive gains, attracting more investors – and, in Kolanovic’s view, pushing the S&P 500 to 4,600 by year’s end. Your instincts are correct: Something strange is happening in the stock market. His younger sister, Zhong Xiaoxiao, and three of his wife’s siblings each hold a 1.4% stake in Nongfu worth $1.3 billion, based on the ownership listed in the company’s prospectus from last year. Their rock-bottom starting price makes pennies the logical place to look for huge returns on investment. The general assembly of the Postal Company agreed on the privatization of Iran's National Postal Company. Politicians would lose that control if the postal service went private, which means they wouldn’t be able to prevent postal facilities in their districts from closing, or jobs associated with them from disappearing. This added $5.7 billion to … Several countries have undergone or are in various stages of privatizing their national postal service: Please update this article to reflect recent events or newly available information. If not for the political hurdles, privatization might work. Takes 2 minutes to see top 5 lenders that will likely approve your loan and offer you a super low rate. Nongfu shares jumped 18% in the first two trading days of 2021, taking the advance since their September listing to more than 200%. The current Oval Office occupant wants his Trump Stamp on all things public, including a privatized Post Office. 3 Stocks Trading at Rock-Bottom Prices; Analysts Say ‘Buy’. With 4 Buys and no Holds or Sells, the word on the Street is that NMTR is a Strong Buy. BABA Chart by TradingView new TradingView.widget( { "width": 680, "height": 423, "symbol": "NYSE:BABA", "interval": "D", "timezone": "Etc/UTC", "theme": "light", "style": "1", "locale": "en", "toolbar_bg": "f1f3f6", "enable_publishing": false, "allow_symbol_change": true, "container_id": "tradingview_b1d06" } ); Benzinga's Take: The biggest Alibaba option trade of the morning was bullish, but the trading was generally mixed, with many traders taking the other side of the trade.The $2-million call purchase has a break-even price of $320.49, suggesting 33.5% upside for the stock over the next year.See more from Benzinga * Click here for options trades from Benzinga * 2 Top Homebuilder Stocks For 2021, According To BofA * Why The Biden Administration Could Be Very Bullish For Ford, GM(C) 2021 Benzinga.com. The firm has produced dozens of millionaires, including more of Zhong’s relatives and employees.While Covid-19 upended much of the global economy in 2020, it was a good year for the world’s ultra-rich. Therefore, ORTX gets a Strong Buy consensus rating. D.T. "We continue to believe Tesla can outperform vs our sector in 2021," Jonas wrote in the new note.The analyst said the market has chosen to discount the value of Tesla compared to peers despite a range of high outcomes. But the purported “fiscal crisis” is a manufactured one. As logical as the scheme might sound, however, there are two big barriers to privatizing the post office: Congressional meddling and near-certain public opposition to the consequences of privatization. The content is intended to be used for informational purposes only. At $15, the average price target indicates shares could appreciate by 241% in the year ahead. The effect on the stock is still felt, and ICPT remains at its 52-week low point.In reaction, in December of 2020, Intercept announced major changes in top-level management, as CEO and President Mark Pruzanski announced he's stepping down effective January 1 of this year. Japan. Last month ORTX received IND clearance from the FDA for the program paving the way for discussions with the US regulators to decide a suitable path forward toward a BLA filing.”"Net-net, with possibly two gene therapies approved in the next 12-18 months and a pivotal study beginning in a third (MPS-I), we think ORTX shares are undervalued at these levels," the analyst concluded. There are reform bills in both the House and the Senate that would give the postal service more freedom to cut costs and innovate. Tesla Is ‘Definitely Overvalued,’ Says Bill Gross. Not only did the former Bond King spend the last weeks of the year in an Orange County, Calif., courthouse defending his right to blare the Gilligan’s Island theme song from his Laguna Beach mansion, he also managed to ponder what he calls the “Bubblicious stock market.” On Sept. 14, Gross warned that “there is little money to be made almost anywhere in the world” and urged investors to favor “shunned” areas such as tobacco, banks, and foreign companies listed on foreign exchanges. 78 likes. Apps offered by Tencent Holdings Ltd (OTC: TCEHY) such as Tencent QQ and WeChatPay have also been proscribed under the order, alongside CamScanner, SHAREit, VMate, and WPS Office.The order underscored the threats posed by Chinese applications, which could permit the Asian power to track the location of Federal employees and contractors and "build dossiers of personal information. A few days ago, the Trump administration announced that one of its goals is to privatize the Postal Service. 9 Meters is one of the latter, taking aim at unmet needs for gastrointestinal patients. The trade represented a roughly $1.62-million bullish bet. Running those offices costs much more than that. “If you go to privatization, you guarantee that either prices will go up or quality will go down,” says Rob Atkinson, president of the Information Technology & Innovation Foundation, which advocates a partial privatization. The firm has expanded massively 10 billion since October and he ’ s and give the 's... Market environment like that, finding stocks that are 3 Years or older, the average price target indicates potential... Taking aim at unmet needs for gastrointestinal patients loan and offer You a super low rate to... 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