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Original headline: Troy Jackson got $15k from big oil , pharma lobbyists . He giving it to charity .
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- Troy Jackson got $15k from big oil, pharma lobbyists. He giving it to charity.
- Susan Collins is criticizing a Troy Jackson mortgage . She did something similar .
For about eight months in 2004, U.S. Sen. Susan Collins was bound by two mortgages that each named a different house, in Washington and Bangor, as her principal residence. Collins, a Republican seeking a sixth term, has attacked Democratic opponent Troy Jackson, former Maine Senate President, over a federally backed mortgage on an Augusta house listed as his primary home while he represented Allagash in the Maine Senate. Records reviewed by the Bangor Daily News show Collins twice pledged to use a Washington rowhouse as her principal residence while owning a Bangor home, and in 2004 told a Bangor bank a new house there would be her principal residence while the D.C. pledge was still in effect. The records do not show she broke the law, but show she made the same kind of pledge she is criticizing Jackson for, in a toss-up race that could help decide control of the U.S. Senate.
- Big pharma stocks near all-time highs as tech selloff pushes investors toward safer bets
- Biogen (BIIB) vs Amgen (AMGN) and Gilead (GILD): Which Big Pharma Stock is a Better Buy?
The article compares three drugmakers: Biogen (BIIB), Amgen (AMGN) and Gilead (GILD). Biogen closed at $225.71 on October 9 after returning 30.5% over six months, Amgen closed at $414.87 (up 18.6%), and Gilead closed at $151.17 (up 8.8%). Gilead posted a net loss of more than $3 billion over the past year yet generated the most cash in the group and the highest return on assets at 14.09%, which the author attributes to accounting charges. Revenue grew roughly 10% at Gilead and Amgen versus 3.40% at Biogen, whose earnings fell 84.60% in the latest quarter. Biogen has the lowest forward P/E at 13.65 times, versus 15.29 for Gilead and 16.94 for Amgen, and the author sees Gilead as worth its small premium.
- Trump trying to gain popularity: Waiel Awwad says Russia oil sanctions waiver big relief for India
Expert Waiel Awwad says the US waiver of certain sanctions under the Lindsey O. Graham Act on Russian oil is a 'big relief' for India, as it should stop the rupee's depreciation and reduce inflation and oil prices. He still urges New Delhi to keep autonomous decisions on buying Russian oil and on its strategic ties with Russia. He argues President Trump is doing this to win voter support before the November midterm elections, as US fuel prices rise, and that the diesel deal with Russia surprised Ukraine and the EU. The article notes Trump waived several sanctions on Russian fuel sales, citing 'national interest', though the law, now paused, would have imposed tariffs of up to 100% on goods from the five largest importers of Russian crude oil or gas, including India and China. The diesel deal calls for Russia to supply over 300,000 tonnes of diesel immediately, 500,000 tonnes in November, and 1 million tonnes after that.
- Trump trying to gain popularity : Waiel Awwad says Russia oil sanctions waiver big relief for India
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