Live Nation share price rockets up by over 22% on COVID-19 vaccine news (update)

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UPDATE: At the close of the day this article was published (November 9), Live Nation’s share price finished at $64.36, up 14.8% on the prior trading day-close. 

According to a statement published by the two companies today (November 9), the vaccine “demonstrated evidence of efficacy against COVID-19 in participants without prior evidence of SARS-CoV-2 infection, based on the first interim efficacy analysis conducted on November 8, 2020 by an external, independent Data Monitoring Committee (DMC) from the Phase 3 clinical study”. 

"You can no longer have some countries go first and others come in later, because there is no more time," said Glen P. Peters, a scientist at the Center for International Climate and Environmental Research in Oslo, who helped compile the new numbers. "It needs to be all hands on deck now."

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With the prices of most commodities having recovered somewhat since February 2016, the year-on-year fall in unit prices has slowed to around 5 per cent.
The China Association of Automobile Manufacturers announced on Friday that passenger car sales totaled 2.2 million units in January, 9.3 percent more than a year earlier, and the production of new-energy vehicles surged by 144 percent.

The 福建水泥价格将掉头下跌 as you might expect – especially in the case of Live Nation, whose share price has bore the brunt of the pandemic’s negative impact on the commercial outlook of live events, and its negative impact on the stock exchange more generally.

Live Nation’s shares peaked at $72.29 during trading on the New York Stock Exchange this morning – the company’s highest since March and the beginning of the pandemic.

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Until now Thor has been the neglected child of the Marvel Cinematic Universe. Though some liked Kenneth Branagh’s first film featuring the god of thunder, Chris Hemsworth was arguably overshadowed by Tom Hiddleston’s preening popinjay of a villain, Loki. And the second film, the humourless Thor: The Dark World, is widely regarded as the worst film released by Marvel Studios to date. So to inject new life into this sagging franchise, Marvel brought in New Zealand comedy auteur Taiki Waititi to add some Kiwi quirk. This time Thor faces down the goddess of death, played by Cate Blanchett. Thor may have the hammer, but she has the attitude. Released November 1 in Serbia and Hungary, November 2 in Cambodia and Israel and November 3 in India and Canada. (Credit: Marvel Studios)


The company 明年深圳102个新建住宅入市 总量破千万平方米 last Thursday (November 5) that it estimates its “lost revenue impact from the global COVID-19 pandemic in the third quarter and first nine months of 2020 to be approximately $3.7 billion and $7.0 billion, respectively”.

In the three months to end of September, Live Nation generated total revenues of $184 million, marking a 95% year-over-year decline compared with the $3.77 billion it generated in the prior year quarter.

Speaking to investors last week,  Live Nation Entertainment President and CEO, Michael Rapino struck an optimistic tone for his firm’s long-term prospects, citing a potential vaccine and testing in particular as playing role in what the company’s “expected return of concerts at scale in the summer of 2021”.

Stripping out price, volumes of Chinese imports in October fell a more modest 2.6 per cent from a year earlier, according to estimates from Oxford Economics.

Dr. Albert Bourla, Pfizer

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But only 14,000 tourists took advantage of the visa-free stopover, according to the Beijing General Station of Exit and Entry Frontier Inspection, well short of the 20,000 target officials had previously predicted.

Wang Dengfeng, director of the Physical Education, Health and Art Department under the Ministry of Education (MOE) and Vice Chairman of the China Football Association, was quoted as saying that football experts are designing curriculums for more than 360 training programs in primary and secondary schools.
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No details have been given about the content of the leaflets, though propaganda sent in the past has denounced North Korea's ruling family.

“We look forward to sharing additional efficacy and safety data generated from thousands of participants in the coming weeks.”Music Business Worldwide

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