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...Shah criticised Novavax in his letter for only generating around $25mn in net commercial US sales from its Covid-19 jab during the winter season, despite spending $300mn on a sales and marketing push....
...J&J has been sitting on a significant cash pile after it decided to spin out its consumer health business Kenvue last year, with the share offering generating $13.2bn....
...JPMorgan Chase, Bank of America, Wells Fargo and Citigroup collectively made $253bn in net interest income (NII) for the whole of 2023 — a 19 per cent jump from 2022’s total....
...WhatsApp to Stephen: I know he wants to show the company is forward thinking but it wasn’t forward thinking enough to stave off net outflows from their funds and a fall in profits....
...Those figures, as well as adjusted net income of $1.47bn, all beat the expectations of analysts polled by Bloomberg....
...“We’re positioning the company for the long-term health of the business and the market doesn’t necessarily operate that way,” she said....
...Citi reported net income of $3.4bn in the quarter, down 25 per cent from a year ago but better than the $2.3bn that analysts had forecast....
...Nestlé revealed in its annual report for 2023 that 38 per cent of net sales, excluding products such as pet food, baby food, vitamins and medical nutrition, were rated higher than 3.5 under the HSR system...
A weight loss titan fights to stay relevant in the age of GLP-1 drugs
...“All of that then leads you to a view of net zero happening later,” Grant Dougans, a partner at Bain, told Energy Source....
...And net-net the winners are not the gamblers but the casino....
...Having Blizzard game licences in its portfolio is not just about the boost to its net income. Crucially it gives NetEase an edge over Tencent, its biggest local rival....
...The health insurer said it recorded a net loss of around $1.53 a share in the three months to the end of March, compared with a profit of $5.95 a share during the same period last year....
...As Chris Goodall explains in his new book Possible: Ways to Net Zero, removing fossil fuels from our energy system is technologically feasible, but it is a daunting task requiring huge upgrades to the electricity...
...If selling equity is really off the table, a sale or spin-off of at least one division — namely consumer health — remains the only way to meaningfully tackle Bayer’s debt woes....
...— that’s a clear net benefit”....
...Menopause has risen up employers’ agenda as acceptance grows that once-private issues, such as mental health, have an impact on working life....
...The latter, whose core customers are lower income Americans living in rural areas, eked out a 0.7 per cent rise in same-store sales but suffered a 39 per cent drop in net income during the fourth quarter...
...A US appeals court has allowed a sales ban on Apple’s Watch Series 9 and Ultra 2 to resume, the latest setback in the technology giant’s dispute with health technology company Masimo over patents for its...
...Few food and agriculture companies state how much their net zero goals depend on using land as a carbon sink....
...But even without their net inflows of $11bn in the three months to the end of March, active ETFs as a whole still attracted record amounts of investor money....
Advocate general of bloc’s top court says decision against world’s biggest gene sequencing group should be annulled
...UK home secretary James Cleverly announced a set of measures to reduce migration to Britain after official figures showed net legal migration soared to 745,000 last year....
...“No matter the company’s attempt to switch focus from subscribers to financials, net [subscriber] adds is the key metric everyone wants to see,” he said....
Commonsense managerial concern for overburdened staff is the best remedy
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