Aon Faces Challenges With Integration Risks And Slow Growth: BofA Downgrades Stock
BofA Securities analyst downgrades Aon plc to Underperform, citing underperformance, integration risk, and management changes. $306 price target.
Why Is Garmin Stock Falling Today?
Garmin stock downgraded to Underperform by B of A analyst due to concerns about growth momentum and valuation. Q1 results beat estimates.
Hawaii Court Rules Against Bristol Myers, Sanofi In Blood Clot Drug Case, Increases Liability To $916M
A Hawaii judge has ordered Bristol Myers Squibb and Sanofi to pay $916 million for not warning non-white patients about the health risks of their blood thinner Plavix. The ruling follows a previous $834 million judgment
Novo Nordisk’s Once-Weekly Insulin Flagged With Risk Of Low Blood Sugar Ahead Of FDA Review
The FDA's Endocrinologic and Metabolic Drugs Advisory Committee will review Novo Nordisk's application for once-weekly insulin icodec on May 24. Concerns include an increased risk of hypoglycemia in type 1 diabetes patients.
Stocks Falter, Metals Fall As Traders Turn Cautious Ahead Of Fed Minutes, Nvidia Earnings; First Solar Hits Record Highs: What’s Driving Markets Wednesday?
Wall Street experienced a muted session on Wednesday morning as traders adopted a cautious stance ahead of the Federal Reserve meeting minutes release at 2 p.m. EDT and Nvidia Corp.
Shell’s LNG Gambit: Aussie LNG To Reportedly Quench Asia’s Thirst
Shell expects Australian LNG to meet demand in Asia. Cecile Wake sees Philippines, Thailand, Vietnam, & Bangladesh as key growth markets.
BHP Achieves One-Week Extension After Launching Unsuccessful Third Bid For Anglo American
BHP Group (NYSE:BHP) secured a one-week extension on its proposed takeover of Anglo American (OTCQX:AAUKF). This development came…
Exxon’s Texas LNG Project Faces Major Setback As Lead Contractor Files For Bankruptcy
Exxon Mobil and Qatar's contractor for Texas LNG plant files for bankruptcy due to cost challenges. Project expected to expand exports in 2025.
Australia Bans Replica Versions Of Popular Weight-Loss Drugs From Novo Nordisk, Eli Lilly On Safety Concerns
Compounding weight loss drugs, which are similar to brand-name medications such as Ozempic and Mounjaro, will be banned in Australia.
PropertyGuru Takeover On The Horizon? KKR And TPG Reportedly Explore Buyout
KKR and TPG are reportedly exploring options to buyout PropertyGuru, a Southeast Asian online real estate platform. KKR also acquired minority stakes in Infinx and Perpetual.