Granite Point Mortgage (NYSE:GPMT) reported quarterly earnings of $0.22 per share which met the analyst consensus estimate. This is a 24.14 percent decrease over earnings of $0.29 per share from the same period last year.
US Intelligence Claims Chinese Pharma Giant Illegally Shared Secrets With Beijing
U.S. intelligence officials have informed senators that WuXi AppTec, a Chinese pharmaceutical company, allegedly transferred U.S. intellectual property to Beijing without authorization. This news comes amid concerns that certain Chinese biotech firms are providing technology or research and development for use by the Chinese military.