Hints and tips:
Related Special Reports
...This month Brazil started distributing a vaccine produced by Japanese pharmaceutical group Takeda....
...The pharmaceutical company’s market capitalisation recently overtook Tesla thanks to investor enthusiasm over Mounjaro’s success. Earnings are expected to decrease by three cents to $2.11 a share....
...Friday’s decision comes after the state of New Hampshire failed in its bid to receive FDA permission because it did not identify a pharmaceutical wholesaler which could deliver the drugs....
...Pharma: Pharmaceutical groups Bristol Myers Squibb, Regeneron and AbbVie will also report earnings before the market opens....
...The US market is the engine of the global pharmaceutical industry. Its exceptionally high drug prices help deliver as much as three-quarters of the sector’s global profits....
...Gilead Sciences fell 10.5 per cent after the pharmaceutical company said its treatment for lung cancer failed to improve the survival of patients in its latest trial....
Drug developers raised $6bn in January, helped by a rebound in merger activity
...In contrast, pharmaceutical companies raised just $160mn for antibiotic research, a decline over the decade. Commercial activity and research in antibiotics have been in decline since the 1980s....
Americans account for 14% of users but their revenue contribution will be higher
Legal battle between talent agency and Michael Kassan centres on jet flights and other spending
And more on bad buybacks
...Large drugmakers have also underperformed, with the S&P 500 pharmaceutical sub-index heading for its worst performance relative to the broader S&P 500 in at least 20 years....
...Another factor driving the growth of ETFs is the active ETF boom, said Bryan Armour, director of passive strategies research for North America at Morningstar Research Services....
Americans’ interest in vaccinations has flagged despite efforts to boost uptake of latest jab
Also in this week’s newsletter, the Detroit Lions roar back and Real Madrid top football rich list
US state’s chancery court plays a key role in balancing interests of boards and investors
AI could be a game-changer for many of the tech giants
And yet, we’re struggling to care
Shares of start-up slide after reporting a $5.4bn annual loss and 10% cut to salaried payroll
...According to Michael Youngworth, a convertible bond strategist at Bank of America, a slower than expected fall in inflation is also encouraging companies to issue debt sooner rather than later....
...America’s real estate market remains stuck in the mud. Existing home sales, which make up most of the US housing market, totalled just 4.09mn units in 2023, a 30-year low....
...But Bryan Armour, director of passive strategies research for North America at Morningstar, said that on closer inspection a slightly different picture emerged....
...US bank earnings: Bank of America is forecast to report an increase in revenue thanks in part to higher interest payments on loans and credit cards....
...Pepsi said the deceleration was largely due to a recall in Quaker granola products over salmonella concerns and weak sales in North America....
Richard Blumenthal accused kingdom of trying to launder its image with potential PGA deal
International Edition