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...Bristol Myers Squibb has agreed to buy neuroscience biotech Karuna Therapeutics for $14bn, gaining access to a promising schizophrenia drug....
...He’s how some basic numbers line up with Chevron (numbers from S&P CapitalIQ): Shell has been getting smaller, Chevron larger....
...Its $610bn market capitalisation makes it the ninth biggest company on the S&P 500. It has America’s obesity epidemic to thank....
...“Bottom line is that it is always better as a nation to have your own oil,” said Amy Myers Jaffe, a professor at NYU....
...High-grade pharma group Bristol Myers Squibb sold $13bn of debt on Wednesday....
...helped by a few big successes such as insurance group Skyward Specialty, which has risen 125 per cent since listing a year ago, and Rayzebio, which is up 244 per cent, driven by news last month that Bristol Myers...
...Communications Q1 Tuesday Bank of England chief economist Huw Pill speaks at the London campus of the University of Chicago, Booth School of Business EU, France, Germany, India, Italy, Japan, UK, US: S&...
...Only six diversity officers at S&P 500 companies have become named executive officers, according to ISS Corporate Solutions, a data provider. The roles have also faced mounting criticism....
...Having overshared in three and a half hours of anti-lockdown protests and green-inked screeds about government mind control on 2021’s Latest Record Project, Volume 1 and 2022’s What’s It Gonna Take?...
...Bristol-Myers Squibb earlier this month agreed to buy Turning Point Therapeutics, which is developing a new cancer drug, for $4.1bn....
...EU: European Central Bank monthly interest rate decision US: Flash Q3 GDP data Results: Accor Q3, Amazon.com Q3, Bank of Ireland Q3 trading update, Bloomsbury Publishing H1, BNP Paribas Q3, Bristol Myers...
...In oil, western sanctions such as the G7’s price cap on Russia’s exports have shrunk its market share in Europe....
...Monday France, Germany, Italy, Japan, UK, US: S&P Global/Cips/HCOB manufacturing and services purchasing managers’ index (PMI) data Germany: monthly retail sales figures Results: Cranswick Q1 trading...
...Insured losses to property are likely to total $30bn-$40bn, according to S&P Global Ratings....
...In real terms, only 2005’s Hurricane Katrina, which generated insured losses of $65bn —$99bn in 2022 money — has inflicted greater losses....
...Serakos compared Ian’s effect on market sentiment with that of 1992’s Hurricane Andrew....
...Pharmaceutical companies Eli Lilly, Merck and Bristol Myers Squibb also report....
...“There is a fine line of uncertainty,” says Amy Myers Jaffe, a professor at New York University....
...interest rate decision US, Q4 unit labour costs and non-farm productivity data Results: ABB Q4, Alphabet Q4, Amazon.com Q4, Anglo American Q4 production report, Apple Q1, Banco Santander Q4, Bristol Myers...
...The Perfect Golden Circleby Benjamin Myers, Bloomsbury £16.99/Melville House $27.99 Summer 1989, and the UK is gripped by crop-circle mania....
...Opec+’s decision to cut output “serves the notice that the producers’ alliance will oppose any attempts by a ‘buyers’ cartel’ to lower the oil price”, said analysts at JPMorgan....
...This time, that index, which now includes larger biotechs, has fallen 28 per cent from its peak in early September last year, and the S&P XBI, of smaller companies, has fallen 41 per cent since last November...
...following the latest developments at Warren Buffett’s Berkshire Hathaway, which said in November it eliminated its investment in Merck and cut stakes in two other pharmaceutical companies, AbbVie and Bristol-Myers...
...What else we’re reading ‘Monster’ Hurricane Ian brings devastation to Florida’s booming south-west According to federal data, Fort Myers and neighbouring Cape Coral ranked as the nation’s hottest housing...
...Markets: US indices are expected to open slightly higher, with S&P 500 futures up 0.3 per cent and the Nasdaq futures up 0.8 per cent....
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