Large Cap Archives - Page 402 of 437

1 minute read

Rebound In COVID-19 Symptoms After Pfizer’s Antiviral Pill Might Be Due To Stronger Immune Response

October 7, 1:27 PM

Reports are circulating related to recurring COVID-19 symptoms after completing treatment and experiencing improvement after Pfizer Inc’s (NYSE:PFE) COVID-19 oral antiviral…

PFE

2 minute read

These 2 High Yielders Could Benefit From An Energy Rally As OPEC+ Cuts Oil Production

By Robert Kuczmarski

October 7, 12:27 PM

The SPDR Select Sector Fund Utilities (ARCA: XLU) is down roughly 10% year-to-date and only invests in utility companies that are included in the S&P 500. With gas futures surging after OPEC+ decided to cut 2 million barrels per day in oil production, many investors are preparing for a winter season with an oil and gas supply crunch.

1 minute read

Alnylam’s Lumasiran Scores Expanded FDA Approval For Ultra Rare Genetic Disease

By Vandana Singh

October 7, 10:56 AM

The FDA approved a label expansion for Alnylam Pharmaceuticals Inc’s (NASDAQ:ALNY) for Oxlumo (lumasiran), an RNAi therapeutic administered via subcutaneous injection, now…

ALNY

1 minute read

BioMarin Lays Off 4% Of Its Workforce To ‘Simplify’ The Company

By Vandana Singh

October 7, 10:49 AM

BioMarin Pharmaceutical Inc (NASDAQ:BMRN) will redesign the organization to better focus investments that advance its R&D pipeline, maximize recent commercial launch…

BMRN

1 minute read

Walmart To Let Go More Than 1,000 Employees At Atlanta Fulfillment Center

By Vandana Singh

October 7, 7:38 AM

As per a Worker Adjustment and Retraining Notification, Walmart Inc (NYSE: WMT) looks to lay off 1,458 workers at the e-commerce fulfillment center in Fulton Parkway in Atlanta, Georgia.

WMT

1 minute read

Eli Lilly’s Obesity Drug, Tirzepatide, Fast Tracked In US; Rolling Submission To Start This Year

By Vandana Singh

October 6, 11:06 AM

The FDA has granted Fast Track designation for Eli Lilly And Co’s (NYSE: LLY) tirzepatide for adults with obesity or overweight with weight-related…

LLY

5 minute read

Tesla To Feel Pressure After Musk’s Twitter-Deal News; OPEC Output Cut Disappoints Biden; Shell Profits Low: Top Stories Thursday, Oct. 6

By Vandana Singh

October 6, 9:14 AM

Benzinga

AAL

1 minute read

Shell Shares Slide After Warning Lower Q3 Profits On Volatile Natural Gas Prices

By Vandana Singh

October 6, 8:31 AM

Shell plc (NYSE:SHEL) has issued a lower profit warning after lower refining & chemicals margins, and weaker gas trading weighed on…

SHEL

1 minute read

HSBC Explores Canada Unit Sale, But Domestic Players Might Be Discouraged In Bidding: Reports

By Vandana Singh

October 6, 8:21 AM

HSBC Holdings plc (NYSE:HSBC) is considering selling its business in Canada without disclosing the potential valuation of the business.…

HSBC

1 minute read

Sanofi, Provention Bio Ink Co-Promotion Pact For Type 1 Diabetes Treatment Candidate

By Vandana Singh

October 6, 8:03 AM

Provention Bio Inc (NASDAQ:PRVB) has entered into a co-promotion agreement with Sanofi SA (NASDAQ:SNY) to launch Provention’s lead investigational candidate, teplizumab, to delay…

PRVB