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Obesity Drug Wegovy Sales Trends Upwards: Novo Nordisk Lifts 2023 Forecast

By Vandana Singh
April 13, 9:37 AM
Diabetes and obesity drug developer Novo Nordisk A/S (NYSE:NVO) raised its 2023 operating profit and sales growth expectations supported by stronger expected…

NVO

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Fastenal Q1 Highlights: 9.1% Sales Growth, EPS Beat, Margin Pressure & More

By Lekha Gupta
April 13, 8:57 AM
Fastenal Company (NASDAQ:FAST) reported Q1 sales growth of 9.1% Y/Y to $1.859 billion, marginally missing the consensus of $1.86 billion.…

FAST

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Fox News-Dominion Voting Systems’ Defamation Case: Jury Selection Begins, Trial To Start Monday

By Lekha Gupta
April 13, 7:51 AM
Jury selection is expected to begin today in Dominion Voting Systems’ defamation case against Fox News, a unit of Fox Corporation (NASDAQ: FOX). 

FOX

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Chevron Approaching Production-Sharing Deal Closure With Angola And Congo: Report

By Lekha Gupta
April 13, 7:07 AM
Chevron Corp (NYSE: CVX) is nearing finalizing a production-sharing deal with Angola and the Democratic Republic of Congo for operating their shared offshore oil block.  A spokesman for Chevron declined to comment on the news.

CVX

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Hasbro Hires Harley-Davidson Executive To Support Blueprint 2.0 Strategy

By Lekha Gupta
April 13, 6:34 AM
Hasbro Inc (NASDAQ:HAS) announced two significant leadership changes on Wednesday.  The leading toy maker appointed Gina Goetter as the new…

HAS

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Becton Dickinson ‘Capable Of Sustaining A Breakout’, Analyst Upgrades Stock With 20% Upside Potential

By Vandana Singh
April 12, 2:32 PM
KeyBanc has upgraded Becton, Dickinson, and Company (NYSE:BDX) with a price target of $304. The analyst writes that BDX is progressing toward…

BDX

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This Analyst Downgrades Imperial Oil, Slashes Price Target On Gloomy Commodity Outlook

By Lekha Gupta
April 12, 1:51 PM
RBC Capital analyst Greg Pardy has downgraded Imperial Oil Ltd (NYSE:IMO) to Sector Perform from Outperform and cut the price target to…

IMO

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ConocoPhillips Shares 10-Year Plan: Debt Reduction On Track, Capital Expenditure To Average $10B Annually

By Lekha Gupta
April 12, 12:04 PM
ConocoPhillips (NYSE:COP) disclosed a detailed 10-year operating and financial plan at an analyst & investor meeting.  Based on a $60…

COP

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US Court Favors Moderna In COVID-19 Vaccine Patent Infringement Case With Arbutus Biopharma

By Vandana Singh
April 12, 10:37 AM
A U.S. appeals court affirmed a decision to cancel an Arbutus Biopharma Corporation (NASDAQ:ABUS) patent related to a legal fight…

ABUS

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FDA Issues Partial Clinical Hold On Merck Germany’s Multiple Sclerosis Study

By Vandana Singh
April 12, 10:12 AM
The FDA has placed a partial clinical hold on initiating new patients on Germany’s Merck KGaA’s (OTC:MKGAF) (OTC:MKKGY) evobrutinib and patients with…

MKGAF

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