• Opinion: Trump’s Response to Urban Chaos

    Opinion: Trump's Response to Urban ChaosJournal Editorial Report: Is he off-base, or on the right track? Images: Zuma Press/Getty Images Composite: Mark Kelly

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  • Opinion: Trump Reboots His Virus Briefings

    Opinion: Trump Reboots His Virus BriefingsJournal Editorial Report: Boasting is out, information is in. Image: Chip Somodevilla/Getty Images

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  • Buy these blue chip ASX dividend shares for income

    mining dividend shares

    If you’re planning to buy some dividend shares this week, then you might want to consider the ones listed below.

    I think these ASX dividend shares are top option for income investors right now. Here’s why:

    Australia and New Zealand Banking GrpLtd (ASX: ANZ)

    Rather than put money into its savings accounts or term deposits, I think investors would be better off buying this banking giant’s shares. At approximately 0.9x estimated FY 2021 book value, I think ANZ’s shares could be great value after their sizeable pullback this year.

    And while the bank will almost certainly have to cut its dividend further in FY 2021, I believe the recent share price weakness means that it will still provide investors with an above-average yield. I currently expect ANZ to pay its shareholders a partially franked dividend of $1.05 per share in FY 2021. Based on the latest ANZ share price, this will provide investors with a very attractive forward 5.7% yield.

    Wesfarmers Ltd (ASX: WES)

    Another ASX dividend share to consider buying is this conglomerate. I think Wesfarmers is a great option due to its positive long term outlook thanks to its collection of quality brands. These brands include the likes of Bunnings, Kmart, Target, ecommerce company Catch Group, and a collection of industrial businesses. 

    In addition to this, the company is sitting on a sizeable cash balance and looks very likely to put it to work with value accretive acquisitions in the near term. If these potential acquisitions are a success, it could give its growth an additional boost. I estimate that the company will be paying its shareholders a dividend of approximately $1.46 per share in FY 2021. Based on the current Wesfarmers share price, this equates to a fully franked 3.15% dividend yield.

    Where to invest $1,000 right now

    When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    Scott just revealed what he believes are the five best ASX stocks for investors to buy right now. These stocks are trading at dirt-cheap prices and Scott thinks they are great buys right now.

    *Returns as of June 30th

    More reading

    Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of Wesfarmers Limited. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

    The post Buy these blue chip ASX dividend shares for income appeared first on Motley Fool Australia.

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  • New U.S. home sales jump 13.8% in June, topping estimates

    New U.S. home sales jump 13.8% in June, topping estimates On Friday, the U.S. Commerce Department reported that sales of new U.S. single-family homes jumped to a near 13-year high in June. The news comes as home seller profits reached another post-recession high in Q2, according to ATTOM Data Solutions, with home sellers nationwide seeing gains of $75,971 on the typical sale, representing a 36.3% return on investment compared to the original purchase price. Todd Teta, Chief Product & Technology Officer at ATTOM Data Solutions, joins The Final Round to break down the company’s report on home seller profits in the second quarter, and discuss his outlook for the housing market.

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  • Why this expert says the ‘do nothing’ approach to retirement planning is not good advice amid market uncertainty

    Why this expert says the ‘do nothing’ approach to retirement planning is not good advice amid market uncertainty  Farnoosh Torabi, Financial Expert and Contributing Editor at NextAdvisor.com, joined Yahoo Finance’s ‘The Final Round’ to discuss the biggest mistakes young people make when planning for retirement and gives her advice for retirement planning amid market uncertainty.

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  • Pelosi against extra jobless benefits temporary extension

    Pelosi against extra jobless benefits temporary extensionEvercore ISI Head of U.S. Public Policy and Political Strategy Research Sarah Bianchi joins Yahoo Finance’s Akiko Fujita to discuss the latest stimulus negotiations in Congress, as Republicans delay the unveiling of their $1 trillion stimulus plan to next week.

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  • The Week Ahead In Biotech: Spotlight On GW Pharma, Ultragenyx FDA Decisions, Pfizer Earnings

    The Week Ahead In Biotech: Spotlight On GW Pharma, Ultragenyx FDA Decisions, Pfizer EarningsBiotech stocks moved lower in the week ended July 26, as the broader market weakness and sector-specific developments pressured stocks.Although there were promising updates from some coronavirus vaccine makers, negative headlines plagued Novavax, Inc. (NASDAQ: NVAX) and Moderna Inc (NASDAQ: MRNA), sending their stocks lower by 4.7% and 23%, respectively, for the week.The week saw the listing of 4 biopharma companies on the Nasdaq, which raised a combined $772.9 million.Here are the key catalysts for the unfolding week.Conferences: Alzheimer's Association International Conference, or AAIC, to be held virtually: July 27-31PDUFA Dates The FDA is set to rule on Ultragenyx Pharmaceutical Inc's (NASDAQ: RARE) NDA for UX007, its investigational drug for long-chain fatty acid oxidation disorders. (Friday)GW Pharmaceuticals PLC- ADR (NASDAQ: GWPH) has a PDUFA action date, with the FDA due to announce its verdict on the company's sNDA for Epidiolex for the treatment of seizures associated with tuberous sclerosis complex. (Friday)Clinical Readouts AAIC Presentations: Alector Inc (NASDAQ: ALEC): preliminary data from a Phase 2 open-label study evaluating AL001 in individuals with frontotemporal dementia (Tuesday)Eisai Co., Ltd (OTC: ESALY) and Biogen Inc (NASDAQ: BIIB): latest data of the investigational anti-amyloid beta protofibril antibody BAN2401; Biogen will also make an oral presentation of the previously publicized topline results of Phase III studies EMERGE and ENGAGEAC Immune SA (NASDAQ: ACIU): Key data on its alpha-synuclein-positron emission tomography tracer program along with a second oral presentation of the Phase 1b trial of the anti-Abeta vaccine ACI-24 in Down syndromeSee Also: How Moderna's Patent Challenge Loss Could Impact Coronavirus Vaccine ProgramStandalone releases: Tcr2 Therapeutics Inc (NASDAQ: TCRR) said it plans to discuss initial data from the Phase 1 portion of the TC-210 Phase 1/2 clinical trial for patients with mesothelin-expressing solid tumors. (before the market open, Monday)Genocea Biosciences Inc (NASDAQ: GNCA) is scheduled to present initial clinical data on the first 5 patients from Part B of the Phase 1/2 study, which is exploring the combination of GEN-009 and immune checkpoint inhibitor-based regimens in advanced solid tumors. (Friday)Pending mid-2020 Releases: Spectrum Pharmaceuticals, Inc. (NASDAQ: SPPI): top-line results from Cohort 2 of the ZENITH20 trial evaluating poziotinib in previously treated HER2 non-small cell lung cancer patientsIntra-Cellular Therapies Inc (NASDAQ: ITCI): top-line results from a Phase 3 study evaluating lumateperone as adjunctive therapy in bipolar depression.BioXcel Therapeutics Inc (NASDAQ: BTAI): top-line results from a Phase 1/2b trial of BXCL501 for the acute treatment of agitation associated with geriatric dementia.Alnylam Pharmaceuticals, Inc. (NASDAQ: ALNY): top-line results from the ILLUMINATE-B Phase 3 study of lumasiran in primary hyperoxaluria type 1 patients less than six years of age with preserved renal function.Karuna Therapeutics Inc (NASDAQ: KRTX): data from Phase 1b clinical trial of KarXT in experimentally induced painAkari Therapeutics PLC (NASDAQ: AKTX): interim update on the Part B placebo-controlled efficacy arm of the study of nomacopan eye drops in atopic keratoconjunctivitisSeres Therapeutics Inc (NASDAQ: MCRB): Data from SER-109 Phase 3 study in recurrent C. difficile infectionMesoblast (NASDAQ: MESO): data from a Phase 3 randomized controlled trial of Revascor for advanced heart failureAkebia Therapeutics Inc (NASDAQ: AKBA: ) top-line data from the global Phase 3 studies evaluating the safety and efficacy of vadadustat in adult patients not on dialysis with anemia due to chronic kidney diseaseView more earnings on IBBAnavex Life Sciences Corp (NASDAQ: AVXL): top-line results from the Phase 2 study of ANAVEX 2-73 in Parkinson's disease dementia Phase 2 trialBIOLINERX LTD/S ADR (NASDAQ: BLRX): Progression-free survival and overall survival data from the triple combination arm of the COMBAT/KEYNOTE-202 Phase 2a study of BL-8040 in combination with Merck & Co., Inc.'s (NYSE: MRK) Keytruda in advanced second-line pancreatic cancerArcus Biosciences Inc (NYSE: RCUS): preliminary data from Phase 1b expansion trials involving combinations with AB928 in multiple tumor types and settingsHomology Medicines Inc (NASDAQ: FIXX): additional data from Phase 1/2 pheNIX gene therapy trial for phenylketonuriaVaxart Inc (NASDAQ: VXRT): data from universal Influenza vaccine collaboration with Johnson & Johnson's (NYSE: JNJ) Janssen unitAlbireo Pharma Inc (NASDAQ: ALBO): top-line results from the Phase 3 PEDFIC 1 trial that is evaluating Odevixibat in progressive familial intrahepatic cholestasis; top-line data from the Phase 3 trial of elobixibat in non-alcoholic steatohepatitis and non-alcoholic fatty liver diseaseresTORbio, Inc. (NASDAQ: TORC): data from the four completed cohorts of the Phase 1b/2a trial of RTB101 in combination with sirolimus in Parkinson's diseaseEarnings Monday Medpace Holdings Inc (NASDAQ: MEDP) (after the close)Tuesday Exagen Inc (NASDAQ: XGN) (before the market open) Pfizer Inc. (NYSE: PFE) (before the market open) Ironwood Pharmaceuticals, Inc. (NASDAQ: IRWD) (before the market open) Masimo Corporation (NASDAQ: MASI) (after the close) AtriCure Inc. (NASDAQ: ATRC) (after the close) Amgen, Inc. (NASDAQ: AMGN) (after the close) NeoGenomics, Inc. (NASDAQ: NEO) (after the close) DexCom, Inc. (NASDAQ: DXCM) (after the close) Infinity Pharmaceuticals Inc. (NASDAQ: INFI) (after the close)Wednesday Boston Scientific Corporation (NYSE: BSX) (before the market open) United Therapeutics Corporation (NASDAQ: UTHR) (before the market open) Hologic, Inc. (NASDAQ: HOLX) (after the close) Alimera Sciences Inc (NASDAQ: ALIM) (after the close) Merit Medical Systems, Inc. (NASDAQ: MMSI) (after the close)Thursday Lexicon Pharmaceuticals, Inc. (NASDAQ: LXRX) (before the market open) Blueprint Medicines Corp (NASDAQ: BPMC) (before the market open) Iradimed Corp (NASDAQ: IRMD) (before the market open) •Alexion Pharmaceuticals, Inc. (NASDAQ: ALXN) before the market open) Agios Pharmaceuticals Inc (NASDAQ: AGIO) (before the market open) Eli Lilly And Co (NYSE: LLY) (before the market open) Elanco Animal Health Inc (NYSE: ELAN) (before the market open) Evelo Biosciences Inc (NASDAQ: EVLO) (before the market open) BioTelemetry Inc (NASDAQ: BEAT) (after the close) MacroGenics Inc (NASDAQ: MGNX) (after the close) Vertex Pharmaceuticals Incorporated (NASDAQ: VRTX) (after the close) Emergent Biosolutions Inc (NYSE: EBS) (after the close) Bio-Rad Laboratories, Inc. Class A Common Stock (NYSE: BIO) (after the close) Anika Therapeutics Inc (NASDAQ: ANIK) (after the close) Gilead Sciences, Inc. (NASDAQ: GILD) (after the close) Natus Medical Inc (NASDAQ: NTUS) (after the close) Retrophin Inc (NASDAQ: RTRX) (after the close) Veracyte Inc (NASDAQ: VCYT) (after the close) Ultragenyx Pharmaceutical Inc (NASDAQ: RARE) (after the close) Globus Medical Inc (NYSE: GMED) (after the close) Quidel Corporation (NASDAQ: QDEL) (after the close) EXACT Sciences Corporation (NASDAQ: EXAS) (after the close) Tandem Diabetes Care Inc (NASDAQ: TNDM) (after the close)Friday AbbVie Inc (NYSE: ABBV) (before the market open) ImmunoGen, Inc. (NASDAQ: IMGN) (before the market open)IPOs Cambridge, Massachusetts-based AlloVir, which develops allogenic off-the-shelf virus-specific T cell therapy candidates targeting 12 devastating viruses, proposes to offer 14.75 million shares in an IPO, with the price range estimated between $16 and $18. The company has applied for listing its shares on the Nasdaq under the ticker symbol ALVR.Woodcliff Lake, New Jersey-based PaxMedica, Inc. has filed with the SEC to offer 2.5 million shares to be priced between $5.50 and $6.50. The company is an early clinical-stage biopharma focusing on the development of anti-purinergic therapies for the treatment of neurodevelopmental disorders, including autism spectrum disorder, and Fragile X syndrome tremor-ataxia. It has applied for listing its shares on the Nasdaq under the ticker symbol PXMD.See more from Benzinga * The Daily Biotech Pulse: Mixed Tidings From Novavax, Radius Health Out-licenses Breast Cancer Drug, 3 IPOs * The Daily Biotech Pulse: Midatech Shelves Sale Plan, G1 Therapeutics Out-Licenses, Entera Bio Jumps On Survey Results * The Daily Biotech Pulse: Aurinia's Kidney Inflammation Drug Filing Accepted For Review, Intuitive Surgical's Q2 Beat(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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  • Moderna gets further $472 million U.S. award for coronavirus vaccine development

    Moderna gets further $472 million U.S. award for coronavirus vaccine developmentThe U.S.-based drug maker said the additional funding will support its late-stage clinical development including the expanded Phase 3 study of Moderna’s vaccine candidate. In April, Moderna had received $483 million from the U.S. federal agency that funds disease-fighting technology, when the experimental vaccine was in an early-stage trial conducted by the U.S. National Institutes of Health.

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  • Global demand for wheat at a record, expected for corn and soybeans: Fund manager

    Global demand for wheat at a record, expected for corn and soybeans: Fund managerSal Gilbertie, Teucrium Funds CEO, joins Yahoo Finance’s On the Move to talk about the global demand for U.S. farming and agricultural products amid the coronavirus pandemic.

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