Hints and tips:
...Pfizer has agreed to buy US biotech Biohaven Pharmaceuticals for $11.6bn, striking its biggest deal in more than five years as the pharma company bolsters its pipeline of drugs....
...The firm has 400 employees in 11 offices, compared with BlackRock’s 20,000. Both companies are headquartered in New York....
...This would involve bundling up the royalties paid by restaurant franchises and using them as collateral to borrow....
...The two sides are arguing over issues as varied as the potential role of AI in writing scripts to the size of royalties for streaming programmes....
...Its price/earnings ratio has gone from 30 to 11 in two years. Will management (read: Mark Zuckerberg) acknowledge that it is now a slow-growth company?...
...Lars Lannfelt, BioArctic’s founder, told the Financial Times that Eisai had proved a strong partner and lecanemab’s successful trial should help the company expand thanks to its royalty agreement with Eisai...
...The number of rigs in operation has picked up in recent months, led largely by private companies, but oil output of 11.8mn barrels a day remains well below the 13mn b/d peak from before the pandemic....
...But the gamble went sour after natural gas prices plunged — partly due to the shale supply surge. Chesapeake's colossal liabilities eventually led it to file for Chapter 11 protection in June 2020....
...When the pandemic hit in 2020, he dismissed the 11 men who worked for him. Now he is struggling to find enough workers. “Folks are punching wells all over the place....
...Johnson & Johnson has created a subsidiary to manage thousands of legal claims alleging its talc caused cancer and placed it into Chapter 11 bankruptcy, in a move critics say is aimed at limiting future...
...US crude oil production currently averages about 11.3m barrels a day, far below its peak of almost 13m b/d just before the pandemic....
...That is one reason deal activity in the sector is at an 11-year low. The value of US energy M&A so far in 2020 is $86.2bn, according to Refinitiv....
...Katharine MacGregor, deputy secretary of the interior, said that while the bids were “so great to have”, the longer-term impact of royalties was more important....
...Job moves FinnCap chairman Jon Moulton will step down after 11 years in the role....
...The Texas-based group will file for Chapter 11 approval of the pre-packaged deal in the coming days....
...It received emergency use authorisation in the US in May after a large randomised control trial of more than a thousand patients showed that it cut the time to recovery to 11 days, from 15 days in the placebo...
...Other oil and gas companies have also been feeling the strain including Whiting Petroleum Company, a Denver-based shale oil producer listed on the New York Stock Exchange which filed for Chapter 11 on April...
...Apple has tried to argue that the injunction only applies to models running iOS 11, which was updated in September....
...Equity and bond investors that were only too happy to pump money into US shale producers are turning their backs on a sector that has yielded meagre returns....
...(FT) Inflated assets The shale oil industry was coming undone even before coronavirus struck a severe blow....
...So who were these riders prepared to spend upwards of £11,000 to take on the unknown?...
...A slowdown in the US shale boom made itself felt in the most recent results of heavy equipment maker Caterpillar, which on Wednesday reported a sharp dip in sales to the energy sector....
...It wasn’t an IPO or bond offering, but rather the $11.5bn takeover of Qiagen by Thermo Fisher....
...entrepreneur Whether you prefer to style her the youngest self-made billionaire on earth or Gen Z’s first billionaire, the 22-year-old founder of Kylie Cosmetics sold a majority stake in her firm to Coty Inc...
...Berkshire has said that if the takeover goes through, it will invest $10bn in new Occidental preferred shares that will pay an 8 per cent dividend, and a warrant to buy up to 80m shares of common stock, about 11...
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