FDA Nods to Pfizer’s Paxlovid for COVID-19: A Potential $8 Billion Lifesaver in 2023
The FDA has approved Pfizer Inc’s (NYSE:PFE) Paxlovid (nirmatrelvir and ritonavir) for mild-to-moderate COVID-19 in adults who are at high…
Regulatory Hurdles Force Boston Scientific to Opt for Minority Stake in M.I. Tech
Boston Scientific Corporation (NYSE: BSX) is terminating its $230 million plan to buy a majority stake in M.I. Tech, a publicly traded Korean manufacturer and distributor of medical devices for endoscopic and urologic procedures.
Royal Bank Of Canada Q2 Profits Tumble 13% On Huge Provision For Credit Losses
Royal Bank of Canada (NYSE:RY) reported a Q2 FY23 adjusted net income of C$3.8 billion, down 13% Y/Y. Adjusted EPS…
Carl Icahn’s Power Play at Illumina: Potential Board Changes and Management Overhaul
According to undisclosed sources, activist investor Carl Icahn is poised to secure enough shareholder support to place Andrew Teno, an Icahn nominee, to join the board of Illumina Inc (NASDAQ: ILMN).
OpenAI’s ChatGPT Under Pressure: Investment Battle Takes A Surprising Turn
Welcome back to another installment of Benzinga’s unique experiment — pitting OpenAI’s ChatGPT against top-tier U.S. equity funds. …
PTC Will Profit From ServiceMax Acquisition, Analyst Predicts
BMO Capital Markets analyst Daniel Jester initiated coverage on PTC Inc (NASDAQ:PTC) at Outperform rating with a price target of $166. The…
Autodesk’s Drive Into Manufacturing And Construction Industries Has Potential, Says Analyst
BMO Capital Markets analyst Daniel Jester initiated coverage on Autodesk Inc (NASDAQ:ADSK) at Market Perform rating at a price target of $224.…
Costco Prepares For Q3 Earnings Release: Comparable Sales And Market Challenges Draw Investor Attention
Costco Wholesale Corporation (NASDAQ:COST) is set to announce its third-quarter results Thursday after market close, here’s what to…
AI-Search War Between Alphabet And Microsoft? The Integration Of Bing In ChatGPT Could Erode Google’s Data Advantage
Microsoft Corp. (NASDAQ: MSFT) announced on Tuesday that its Bing search engine will be integrated into ChatGPT so users can obtain more up-to-date responses.
Xylem Closes Evoqua Water Buyout, Boosting Position In Water Treatment Solutions
Xylem Inc (NYSE:XYL) disclosed the acquisition closure of Evoqua Water Technologies Corp (NYSE:AQUA) in an all-stock transaction for around $7.5 billion. The…