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A decades-old drug called chloroquine, used to treat malaria since 1944, may be useful in treating COVID-19 despite different etiologies (malaria is caused by a parasite, COVID-19 by a virus). More news on: Tekla World Healthcare Fund, BlackRock Health Sciences Trust, The Gabelli Healthc...
Co-produced by Stanford Chemist In a previous piece, we covered why an N-2 filing is important and what this could mean when the 497 was filed. We discussed that the N-2 was when closed-end funds filed a registration for new shares. This ultimately meant that a fund was either conducti...
Aimed at protecting the health and safety of staff and their families amid the COVID-19 outbreak, the FDA has directed all eligible employees to start teleworking (fancy term for working from home). More news on: Tekla World Healthcare Fund, BlackRock Health Sciences Trust, The Gabe...
The U.S. Senate will vote today on a second bill aimed at responding to the COVID-19 outbreak. This interim package, to be followed by a third package costing ~$1T, covers free testing for the respiratory disease and at least two weeks of paid emergency leave for a wide range of Americans ...
The WSJ reports that hospitals across the U.S. are running out of masks, gowns and other protective equipment needed by staff amid COVID-19. More news on: Tekla World Healthcare Fund, BlackRock Health Sciences Trust, The Gabelli Healthcare & Wellness Rx Trust, Healthcare stocks news,...
By Carsten Brzeski, Chief Economist, Eurozone and Global Head of Macro. Following some big market and central bank moves, we have updated our forecasts for growth and policy rates. Find our what our economists are looking for in the major economies over the next few months as the globe de...
The latest tally on U.S. COVID-19 cases is 3,774 with 69 deaths, up from ~1,700 cases and 41 deaths on Friday, March 13, and 564 cases and 22 deaths a week ago. More news on: Tekla World Healthcare Fund, BlackRock Health Sciences Trust, The Gabelli Healthcare & Wellness Rx Trust, Healt...
In a brief speech today, Speaker Nancy Pelosi said that the House of Representatives will be passing a bill today, The Families First Coronavirus Response Act, that, she says, focuses support on America's families. Key points: More news on: Tekla World Healthcare Fund, BlackRock Health S...
"May you live in interesting times." Well, maybe our times could be a little less interesting, eh? This virus/oil war double whammy is a bit over the top, as far as Mr. Market is concerned. It has sent many stocks and income vehicles down to new 52-week lows, and, in some cases, down to all-...
The state of Ohio just announced that all K-12 schools in the state will close effective Monday, March 16, for three weeks in an effort to mitigate the spread of COVID-19 there. It is also banning visitations to nursing homes and psychiatric hospitals. More news on: Tekla World Healthcare ...
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There’s nothing we closed-end fund investors love more than finding a smartly run fund in an unfairly beaten-down sector. This hands us a nice discount (of course!), plus a much bigger dividend, because yields and prices move in opposite directions. In fact, with CEFs, we...
Most investors are ignoring a clear shot at 7%+ dividends double-digit price gains—year in and year out—in a sector everyone should be talking about, but isn’t. That would be healthcare, which is riding a rocket of rising spending: according to the latest number...
Tekla World Healthcare Fund (the “Fund”) (NYSE: THW) is pleased to announce the completion of its one for three non-transferable rights offering (the “Offering”) which expired Tuesday, April 6, 2021 (the “Expiration Date”). Pursuant to the Offer...