Barclays plc (BCS) CEO Jes Staley was back in the headlines Friday, only days after surviving a shareholder movement for his ouster, after he was reportedly the victim of an email hoax that subsequently went public.
The Financial Times reported that Staley responded to an email he thought was from his chairman, John McFarlane, heaping praise on his colleague for supporting him at the bank's annual general meeting earlier this week and thanking him for "sharing the foxhole".
Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
Breaking down an approach to the long side of this biotech stock.
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