Summary: Amgen is developing the drug Denosumab for treating various conditions including osteoarthritis and male infertility. GlobalData offers a report on Denosumab's drug-specific PTSR and LoA scores based on proprietary data and analytics.
Full articleSummary: Bristol-Myers Squibb is developing Ipilimumab, currently in Phase II for Gallbladder Cancer along with other potential indications. GlobalData provides drug-specific phase transition and likelihood of approval scores based on historical drug development data.
Full articleSummary: Amgen participated in CDP’s annual investor information request concerning climate change and water.
Full articleSummary: Google offers a trade-in deal where customers can get a Pixel Tablet for free by trading in select old iPads or Samsung tablets, with trade-in values ranging from $300 to $450.
Full articleSummary: Bill Gates sold 1.7 million Microsoft shares and 2.6 million Berkshire Hathaway shares in Q1 through the Bill and Melinda Gates Foundation Trust.
Full articleSummary: Chili's Grill & Bar launched a new Big Smasher burger similar to McDonald's Big Mac but bigger and better-tasting, offering more value to customers in response to rising fast-food prices.
Full articleSummary: Crescent Energy is acquiring SilverBow Resources in a $2.1 billion deal, creating a leading Eagle Ford operator with scaled company, balanced portfolio, and strong balance sheet.
Full articleSummary: ProPetro Holding Corp. expanded its board to ten directors by appointing Alex V. Volkov, a vice president of ExxonMobil, to serve as a director.
Full articleSummary: Philip Morris International (PMI) releases its fifth annual Integrated Report highlighting its continued efforts to advance towards its 2025 Roadmap goals by focusing on addressing the health impacts of the company’s products, expanding smoke-free alternatives, and promoting sustainability initiatives globally.
Full articleSummary: US trial judge warns Ryanair and Booking Holdings not to put a huge number of exhibits before the court or object to a large proportion of the opposing side's submissions.
Full articleSummary: Tesla is facing a lawsuit over claims made about its self-driving technology after a US judge rejected the company's motion to dismiss the case. The judge cleared the way for disgruntled Tesla owners to pursue action based on the company's specific boasts about its cars' capabilities, particularly around self-driving abilities.
Full articleSummary: Charles R. Schwab, Co-Chairman of Schwab Charles Corp (SCHW), sold over $9.5 million worth of company stock in May at prices ranging from $76.50 to $78.265. The transactions represent a significant divestment for Schwab, who still holds a substantial stake in the company.
Full articleSummary: Coca-Cola has launched a platform called Coca-Cola Lens to provide valuable, real-time insights to businesses. The platform uses proprietary tools, data, and insights from third-party sources to help retailers and operators navigate economic challenges, make informed decisions, and grow. The platform offers insights on changing consumer behaviors, macro trends, Gen Z characteristics, and top trends in e-commerce.
Full articleSummary: Amgen receives FDA approval for Imdelltra in treating ES-SCLC, with a Boxed Warning for potential side effects.
Full articleSummary: Amgen received FDA approval for Imdelltra in the treatment of ES-SCLC after platinum-based chemotherapy, but with Boxed Warning for various toxicities.
Full articleSummary: Deep-pocketed investors have adopted a bullish approach towards Pfizer with significant options activities suggesting a potential major move. Whales observed targeting a price range of $24.0 to $35.0 over the last 3 months. Analysts raise concerns with differing opinions on price targets.
Full articleSummary: Analysts provided bullish ratings and price targets for Citi, SharkNinja, Palo Alto Networks, GoodRx, Dell, Intel, Coupang, Nvidia, and Jack in the Box.
Full articleSummary: Notable investors have reduced their stakes in Nvidia and AMD despite the soaring returns over the past 18 months.
Full articleSummary: Boeing's aircraft delivery delays and safety issues could lead to flight cancellations and disruptions for several airlines during the peak summer season. The backlog of orders has caused missed delivery deadlines and extended lead times. The issue is further exacerbated by the recall of hundreds of Airbus engines by Pratt & Whitney.
Full articleSummary: Tesla increased the price of the Model 3 Performance by $1,000 to $54,990. Along with the price increase on the Model 3 Performance, Tesla also adjusted the prices of several interior options. Tesla typically raises prices on EVs to strengthen gross margins.
Full articleSummary: CVS Health Corporation reported first quarter 2024 results, revising its full-year guidance and stating that higher healthcare services utilization and Medicare reimbursement rate cuts impacted its financials. As a result, CVS stock price fell 16.84% on May 1, 2024.
Full articleSummary: McDonald's is releasing a limited-time 'Grandma McFlurry' flavor inspired by grandmothers and including syrup, vanilla ice cream, and butterscotch candy pieces, aiming to attract customers with nostalgia and trends popular among Gen Zers like 'Grandmacore'. Additionally, the chain plans to release a $5 meal deal to improve sales amid rejection from cost-conscious customers cooking at home.
Full articleSummary: FedEx is facing a lawsuit alleging negligence in the rape of a teen by one of its former delivery drivers. The lawsuit claims that FedEx and Dutchess Parcel Service were negligent in hiring and supervising the driver, who committed the crimes while on duty.
Full articleSummary: Apple is settling a $35 million lawsuit with iPhone 7 or 7 Plus users who faced microphone issues, with eligible claimants receiving $50 to $349. Deadline to file claims is June 3.
Full articleSummary: Tudor Investment Corp. disclosed new stakes in PayPal and Micron Technology while exiting positions in Bristol Myers, Financial Select Sector SPDR Fund, and American Tower. PayPal showed promising returns and exceeded market expectations in Q1 of fiscal year 2024. Analysts are optimistic about PayPal's growth potential despite margin pressure concerns.
Full articleSummary: Cisco Systems shares rose before the bell following an upbeat fourth-quarter forecast and benefits from its acquisition of cyber security firm Splunk. The company expects to benefit from stabilisation in networking equipment demand and increased spending on data centres by tech giants.
Full articleSummary: UPS is facing a lawsuit from the U.S. Equal Employment Opportunity Commission for allegedly refusing to hire deaf applicants who were cleared by the government for truck driver roles.
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