Large Cap Archives - Page 112 of 437

2 minute read

Focus On Bristol Myers, Gilead Sciences, Johnson & Johnson, Novartis: FDA To Issue Classwide Black Box Warning on CAR-T Therapies For Blood Cancer Treatment

January 23, 9:19 AM

In a significant development, the FDA is set to impose a classwide black box warning following its investigation into secondary T-cell cancers arising from the use of existing CAR-T therapies.

AZN

1 minute read

UBS Unveils New Slogan To Charm Customers: Report

By Lekha Gupta

January 23, 9:18 AM

UBS reportedly spending millions on branding campaign to attract new customers and boost image, partnering with Publicis Groupe SA and Prophet.

PUBGY

2 minute read

French Drugmaker Sanofi Agrees To Buy Inhibrx’s Candidate For Rare Genetic Indication, For About $2.2B

By Vandana Singh

January 23, 9:00 AM

Sanofi's strategic acquisition of Inhibrx's INBRX-101, a alpha-1 antitrypsin therapy in a registrational trial. Learn about the $2.2B merger details and Inhibrx Biosciences' spin-off. Closing expected in Q2 2024.

INBX

2 minute read

Why Is Post-It Maker 3M Stock Sinking Premarket Tuesday?

By Lekha Gupta

January 23, 8:41 AM

3M Co (NYSE: MMM) reported strong Q4 results with adjusted EPS above expectations, but gave lower-than-consensus guidance for FY24.

MMM

2 minute read

From Wind To Watts: TotalEnergies Makes Waves In European Offshore With New Buyout & Deal

By Lekha Gupta

January 23, 8:15 AM

TotalEnergies acquires German battery storage developer Kyon Energy and expands offshore wind projects in Denmark, Finland, and Sweden.

TTE

1 minute read

Why Logitech Shares Are Trading Lower Premarket Tuesday

By Lekha Gupta

January 23, 6:44 AM

Logitech shares decline as it reports third-quarter FY24 results, with revenue down 1% Y/Y at $1.255 billion and adjusted EPS beating consensus at $1.53.

LOGI

2 minute read

S&P 500, Dow Extend All-Time Highs: ‘It’s A Lot Of Fun For Stock Investors While It Lasts,’ Wall Street Veteran Says

By Piero Cingari

January 22, 5:34 PM

Stock market continues upward trend, with all major indexes reaching record highs. Wall Street veteran Ed Yardeni outlines three possible scenarios.

ADM

2 minute read

United Airlines Vs. Southwest Airlines: Which Stock Offers More Upside?

By Surbhi Jain

January 22, 3:13 PM

United Airlines and Southwest will report Q4 earnings on Jan. 22 and 25 respectively, with similar market performance but operational differences.

LUV

1 minute read

European Drug Regulator To Consider Expanded Use Of Novo Nordisk’s Wegovy Weight-Loss Drug

By Vandana Singh

January 22, 3:07 PM

EMA's discussions on extending Novo Nordisk's Wegovy for reducing stroke and heart attack risks. SELECT trial results support its integration into public health systems.

NVO

2 minute read

S&P 500, Nasdaq, Dow Jones Strike All-Time Highs Ahead Of Key Earnings This Week: What’s Driving Markets Monday?

By Piero Cingari

January 22, 2:34 PM

US stocks rise to record highs on strong earnings reports, with small caps outperforming. Dollar steady, gold down, oil up. Bitcoin tumbles. AMD, TSLA, ADM, GILD, WDC top movers. GE, AAPL, FB, AMZN, GOOGL, MSFT, JPM, TSLA, BA, TSM report this week.

ABT