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...The US Treasury last year accused Iranian petrochemicals companies of using multiple front entities to evade sanctions by routing sales through Asia....
...Ogilvy, which has previously worked with a host of pharma groups including Pfizer and Johnson & Johnson, is launching a business that offers vetted influencers to talk about illnesses and possible solutions...
...A biotechnology company that has helped discover novel antibody treatments for drugmakers including Johnson & Johnson has been put up for sale for more than €1bn, as its private equity owners look to cash...
...Chief executives at AbbVie, Eli Lilly, and Johnson & Johnson all earned more than Soriot in 2023....
...Reckitt previously sought a sale of the business in 2022. Speaking to the Financial Times following the Illinois verdict, Licht did not confirm or deny that the company was exploring a sale again....
...J&J’s medtech division has outstripped the growth of the company’s drugs and diagnostics business, generating $30.4bn in sales last year, or 35 per cent of group revenues....
...Management has reiterated guidance for a sales decline of 5 to 15 per cent for the full financial year....
...Hasker was clear, however: “Reuters is not for sale. Reuters is an integral part of our portfolio.”...
...However, the company said that sales of its troponin antibodies — which are used in heart disease tests — were a little below its expectations....
...HOLD: Trustpilot (TRST) The stock continues its upward march amid growing user figures and a crackdown on fake reviews, writes Jennifer Johnson....
...Investors like to hear a bullish story from companies, too....
...Johnson & Johnson has raised its forecasts for the full year after it beat expectations on earnings and revenue, partly driven by soaring sales of cancer drugs in the US....
...[MUSIC PLAYING] I’m Miles Johnson. And from the Financial Times and Pushkin Industries, this is Hot Money Season 2: The New Narcos....
...However, the business made back some its losses when it boosted US sales during a national baby formula shortage, after competitor Abbott Laboratories closed a factory following reports of bacterial infections...
...Companies: LVMH reports its first-quarter sales as succession plans at the world’s biggest luxury group speed up. Bank of America, Johnson & Johnson and Morgan Stanley report earnings....
...Given that “most [of the 1,960] passive funds available for sale in the UK are overseas ETFs . . . the limited number of labelled passive funds will reduce the choice offered to sustainability oriented investors...
...Or they can buy the shares of companies that track crypto, such as exchanges or miners,” Prosser said....
...Share moves to note in Europe on Wednesday include high-end fashion group Kering, chemicals manufacturer Johnson Matthey, UK housebuilder Persimmon and computer services company Computercenter....
...The search giant also allows ads for cryptocurrency exchanges and wallets, but its rules prohibit ads for initial coin offerings and marketing efforts seen as “otherwise promoting the purchase, sale, or...
...Shortly before the 2021 ballot, McKinsey agreed to pay almost $600mn to settle allegations in the US that it helped drugmakers “turbocharge” drug sales and contributed to an epidemic of opioid addiction....
...It did not need a US office until 2019, seven years after it made its first US sale....
...been adequate, that suggests investors in a physically replicated ETF would not have seen their Nigerian holdings marked down to zero, even if there had been a delay in receiving the proceeds from their sale...
...The broker argues that the company’s resilience and growth prospects are “under-appreciated” by the market....
...Key economic and company reports Here is a more complete list of what to expect in terms of company reports and economic data this week....
...“The wet weather has been a key factor in the slowdown in discretionary spending, as it’s meant fewer visits to the high street and to hospitality venues,” said Karen Johnson, head of retail at Barclays....
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