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Executives are selling stock as the market experiences its epic rebound
Key PointsCompany insiders are dumping shares as stocks experience their epic rebound from the recession. The sales are a major shift from the during the market bottom in March.Among the sellers are the heads of blue-chip companies like UnitedHealth and BlackRock. a day agoThe ratio of companies with insider buying compared to insider selling is at 0.27 in July, the lowest level since at least 2000, according to the Washington Service, a provider of insider trading and data analytics. The ratio has come down significantly since its 11-year high of 1.75, set in March."I think...…Key PointsCompany insiders are dumping shares as stocks experience their epic rebound from the recession. The sales are a major shift from the during the market bottom in March.Among the sellers are the heads of blue-chip companies like UnitedHealth and BlackRock. a day agoThe ratio of companies with insider buying compared to insider selling is at 0.27 in July, the lowest level since at least 2000, according to the Washington Service, a provider of insider trading and data analytics. The ratio has come down significantly since its 11-year high of 1.75, set in March."I think...WW…
Chinese government interference derailed Canadian vaccine partnership: researcher
Nick Wells, The Canadian PressOTTAWA - A Canadian vaccine researcher says he believes that Chinese political machinations ended a vaccine partnership last summer.Dr. Scott Halperin, the director of the Canadian Centre for Vaccinology, made the accusation Thursday to the Special Committee on Canada-China Relations.The partnership was originally planned to be between China's CanSino Biologics and the Canadian Centre for Vaccinology at Dalhousie University in Nova Scotia. CanSino had been given a licence by the National Research Council to use a Canadian biological product as part of a...…Nick Wells, The Canadian PressOTTAWA - A Canadian vaccine researcher says he believes that Chinese political machinations ended a vaccine partnership last summer.Dr. Scott Halperin, the director of the Canadian Centre for Vaccinology, made the accusation Thursday to the Special Committee on Canada-China Relations.The partnership was originally planned to be between China's CanSino Biologics and the Canadian Centre for Vaccinology at Dalhousie University in Nova Scotia. CanSino had been given a licence by the National Research Council to use a Canadian biological product as part of a...WW…
Koss family and company's execs cash in $44 million in stock during short squeeze frenzy
Key PointsKoss directors, execs sell at least $44 million in stock this weekExecutives, directors and members of the Koss family sold more than $44 million in stock in over the past week as shares soared from the retail-investor buying frenzy.Members of the Koss family, who own about 75% of the Milwaukee-based maker of headphones, sold $31 million of stock, according to filings with the Securities and Exchange Commission.The filings suggest they sold at prices between $19 a share and over $60 a share. The company's shares were trading under $4 a share before it became popular with the...…Key PointsKoss directors, execs sell at least $44 million in stock this weekExecutives, directors and members of the Koss family sold more than $44 million in stock in over the past week as shares soared from the retail-investor buying frenzy.Members of the Koss family, who own about 75% of the Milwaukee-based maker of headphones, sold $31 million of stock, according to filings with the Securities and Exchange Commission.The filings suggest they sold at prices between $19 a share and over $60 a share. The company's shares were trading under $4 a share before it became popular with the...WW…
'No celebrations': Indigenous communities, leaders share Canada Day frustrations
AdvertisementVANCOUVER --Jess Housty can't remember the last time Canada Day was celebrated in the Heiltsuk Nation.Housty lives in the coastal B.C. town of Bella Bella where the Heiltsuk Nation is known for its efforts to help conserve and protect the Great Bear Rainforest."I can recall a lot of celebrations here, we're a community that loves to come together and celebrate things but Canada Day is not one of those things I remember bringing the community together," she said in an interview.Canada Day comes this year as Indigenous Peoples absorb reports of confrontations with the police as...…AdvertisementVANCOUVER --Jess Housty can't remember the last time Canada Day was celebrated in the Heiltsuk Nation.Housty lives in the coastal B.C. town of Bella Bella where the Heiltsuk Nation is known for its efforts to help conserve and protect the Great Bear Rainforest."I can recall a lot of celebrations here, we're a community that loves to come together and celebrate things but Canada Day is not one of those things I remember bringing the community together," she said in an interview.Canada Day comes this year as Indigenous Peoples absorb reports of confrontations with the police as...WW…
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