Martin Shkreli is going on trial to face charges that he bilked investors.
But it’s taking a while to find a jury.
Shkreli, the former CEO of Turing Pharmaceuticals, made headlines when he unapologetically hiked the price of a life-saving drug in 2015. His decision to increase the cost of Daraprim, which is used by AIDS patients, from $13.50 to $750 per pill was met with widespread outrage.
The criminal case against him in Brooklyn federal court is unrelated to that controversy.
Shkreli, 34, faces charges of securities fraud, wire fraud and conspiracy for allegedly cheating investors out of more than $11 million between 2009 and 2014 in what federal prosecutors called a Ponzi scheme.
But Shkreli’s broader antics appear to have complicated jury selection. After two days, the pool of prospective jurors was down to 47, from about 240 when jury selection began on Monday.
Some prospective jurors were dismissed because of “strong views on Martin Shkreli,” Judge Kiyo Matsumoto said. Shkreli’s lawyer Ben Brafman said many more were excused because they had conflicting plans, health problems or family issues.
Best Clean Energy Stocks To Invest In 2018: MetLife, Inc.(MET)
- [By Matthew Frankel]
MetLife (NYSE:MET) is the largest U.S. life insurer, with one of the strongest brand names in the insurance industry and an excellent distribution network. The company has a variety of life insurance offerings, and about one-third of its earnings come from Latin America, Asia, and other foreign markets, which are expected to be big drivers of growth going forward.
Best Clean Energy Stocks To Invest In 2018: Key Tronic Corporation(KTCC)
- [By Lisa Levin]
Computer Peripherals: This industry rose 2.21% by 10:15 am ET. The top performer in this industry was Key Tronic (NASDAQ: KTCC), which gained 0.3%. Key Tronic’s trailing-twelve-month ROE is 14.57%.
Best Clean Energy Stocks To Invest In 2018: Nestl茅 S.A. (NSRGF)
- [By SEEKINGALPHA.COM]
A recently updated map from HowMuch.net ranking the world’s most valuable brands by country in 2017 shows that Apple Inc. (AAPL) lost its spot as the US’s most valuable brand. Of these, the top 10 most valuable brands with shares or ADRs traded in the US are:
US-based search engine and Google parent Alphabet Inc (GOOG) (NASDAQ:GOOGL) Swiss food giant Nestle (OTCPK:NSRGF) Korea’s Samsung Electronics (OTC:SSNLF) – part of a larger group of Samsung brands China’s (and the world’s) largest bank ICBC (OTCPK:IDCBF) Japanese automaker Toyota (TM) Irish medical equipment maker Medtronic (MDT) Royal Dutch Shell, the oil company (RDS.A) Royal Bank of Canada (RY) Spanish bank Santander (SAN), and Hong Kong-based insurer AIA (OTCPK:AAGIY)
In 11th and 12 place, by market cap, are British telecom Vodafone Plc (VOD) and German automaker BMW (OTCPK:BMWYY), whose brands are valued at 2-4x AIA’s according the map, but whose market caps trade at significantly lower multiples in the current market environment.
- [By SEEKINGALPHA.COM]
In sum, the three companies are equally valued at generous multiples. It is difficult to choose one of them based on fundamentals or valuations, but we like the strategy of Nestl茅 and P&G more than Unilever. Therefore, we recommend investing in these companies only if someone is interested in a limited but relatively safe upside potential. Good entry prices would be as follows: Nestl茅 (OTCPK:NSRGF) at CHF 70.1 or $70.1 for the ADR , P&G at $83.6 and Unilever (OTC:UNLVF) at 34.1 or $38 for the ADR (NYSE:UN).
Best Clean Energy Stocks To Invest In 2018: Media General, Inc.(MEG)
- [By Monica Gerson]
Media General Inc (NYSE: MEG) is estimated to report its quarterly earnings at $0.04 per share on revenue of $340.17 million.
National Health Investors Inc (NYSE: NHI) is expected to post its quarterly earnings at $1.17 per share on revenue of $57.82 million.
Best Clean Energy Stocks To Invest In 2018: IPG Photonics Corporation(IPGP)
- [By Dan Caplinger]
Monday began on a down note for the stock market, as the Dow Jones Industrials fell back down below the 20,000 level. Major market benchmarks finished with losses of 0.6% to 0.8%, and some market commentators attributed the declines to nervousness about the Trump administration’s actions to clamp down on immigration. Others noted that the latest reading of U.S. economic growth showed a 1.9% rise in gross domestic product for the fourth quarter, finishing the year with an overall GDP increase of just 1.6%, down a full percentage point from 2015’s growth. Despite the overall sullen mood in the market, some stocks gained ground, and GoPro (NASDAQ:GPRO), Movado Group (NYSE:MOV), and IPG Photonics (NASDAQ:IPGP) were among the best performers on the day. Below, we’ll look more closely at these stocks to tell you why they did so well.