Large Cap Archives - Page 67 of 437

2 minute read

S&P 500, Nasdaq 100 Eye Record Close As Magnificent 7 Rally, Bitcoin Rebounds: What’s Driving Markets Thursday?

April 4, 1:50 PM

US equities rallied on Thursday as investors expected slower labor market growth and potential rate cuts. AI-related stocks and major indices all saw gains.

AIQ

2 minute read

London Calling: International Paper Eyes Secondary listing As Part Of Proposed DS Smith Combination

By Lekha Gupta

April 4, 12:36 PM

International Paper provided update on possible offer for DS Smith. Significant synergies expected from business combination to boost margins and EPS.

CUT

2 minute read

CureVac, GS Partner Release Data On Influenza Vaccine Study

By Vandana Singh

April 4, 12:18 PM

CureVac reveals Phase 2 interim data for its seasonal influenza vaccine in collaboration with GSK. Results show broad antigen coverage with acceptable safety. Positive findings against influenza A strains prompt further optimization for influenza B strains.

BNTX

1 minute read

What’s Going On With Tapestry Shares Today?

By Lekha Gupta

April 4, 11:31 AM

Tapestry's Coach accuses Gap of selling unauthorized T-shirts. Coach seeks damages and destruction of infringing inventory.

GPS

2 minute read

What’s Going On With Specialty Coatings Company RPM Stock Today?

By Lekha Gupta

April 4, 10:02 AM

RPM reports Q3 FY24 results with sales rise, exceeded EPS, positive pricing & volume growth in all segments. Sales growth offset by DIY & disaster restoration.

PYZ

2 minute read

In Heart Burn Drug Zantac’s Litigation Saga, Sanofi Nears Settlement in Major Lawsuit Cluster

By Vandana Singh

April 4, 9:16 AM

Sanofi reaches a settlement in principle for about 4,000 Zantac lawsuits in the US, excluding Delaware, regarding alleged cancer risks linked to NDMA. Financial terms remain undisclosed.

GSK

1 minute read

Energy Woes: Exxon Mobil Warns Of Lower Q1 Earnings

By Lekha Gupta

April 4, 6:45 AM

Exxon Mobil expects weaker Q1 results due to gas and liquid price fluctuations, but projects positive impact from industry margins and derivatives.

IYE

2 minute read

Apple Tests Waters In Home Robotics After Shifting Focus From EV Project

By Piero Cingari

April 3, 4:57 PM

Apple is exploring home robotics, signaling their quest for the next breakthrough. Engineers are working on a mobile robot and a table-top device.

AAPL

2 minute read

Eli Lilly Struggles To Keep Pace With Mounjaro, Zepbound Demand: ‘Currently Unavailable’ On Amazon Pharmacy

By Neil Dennis

April 3, 4:07 PM

Eli Lilly's stock skyrockets but now trading sideways as demand for weight-loss drugs outpaces supply. Availability issues lead to FDA shortages.

AMZN

2 minute read

Disney Board Emerges Victorious In Shareholder Vote, Beats Trian And Blackwells Nominees: Shares Slide Below $120

By Piero Cingari

April 3, 2:58 PM

Walt Disney Company (DIS) wins resounding victory in 2024 shareholder meeting against candidates proposed by Trian and Blackwells. CEO Bob Iger secures 94% of votes.

DIS