DENVER, Colo., November 18, 2019- (24/7MarketNews via COMTEX) National and Venture Market News for November 18, 2019.
The Dow, Nasdaq, and the S&P 500, posted new highs on Friday may continue, as the market futures have been mostly showing green in this morning’s premarket activity.
Mike Sievert, T-Mobile’s (NASDAQ:TMUS) US President and Chief Operating Officer, will replace John Legere, as CEO, on May 1, 2020, after Legere’s contract expires on April 30, 2020. Legere will remain a member of the board.
Legere is rumored to be in the running to lead WeWork, or We’reLayingOff, which is, according to the New York Times, planning on cutting 4,000-6,000 jobs.
Saudi Aramco (ARMCO) is setting its IPO valuation in $1.6 trillion to $1.7 trillion range, according to a company statement over the weekend.
Kraig Labs’ scale-up of its first-of-its-kind superfiber production program on target
Kraig Biocraft Laboratories’ (OTCQB: KBLB), the leading developer of spider silk based fibers, scale-up of its first-of-its-kind superfiber production program is going as planned, as the Company announced today that it completed the first cycle of silk moth mating and egg production scale-up, at its Quang Nam, Vietnam factory.
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