Summary: Eli Lilly ha comunicato i risultati degli studi clinici di fase III QWINT-2 e QWINT-4 che dimostrano che l'insulina efsitora alfa settimanale è non inferiore alle insuline basali giornaliere nel ridurre i livelli di emoglobina glicata nei pazienti adulti con diabete di tipo 2. I risultati positivi riguardano anche la maggiore permanenza nel range corretto di emoglobina glicata con efsitora rispetto ad altre insuline.
Full articleSummary: Amgen introduces a new BiTE technology targeting DLL3 as a breakthrough treatment option for patients with Small Cell Lung Cancer (SCLC), which historically has had a low survival rate. This innovation aims to provide hope for patients with advanced SCLC.
Full articleSummary: NextEra Energy, Inc. reported strong fourth-quarter 2022 adjusted earnings and total revenues that surpassed expectations. The company's Florida Power & Light Company and NextEra Energy Resources segments performed well, contributing to the overall growth. The company provided positive guidance for 2023 and 2024, with plans for significant expansion in renewable energy projects.
Full articleSummary: Alphabet's Google revealed significant upgrades to its Search powered by Gemini AI, reassuring investors about its search dominance.
Full articleSummary: Hedge funds increased exposure in AI leaders like Nvidia Corp., Amazon.com Inc., Meta Platforms Inc., and Microsoft Corp. while trimming positions in other companies. Chubb Ltd. saw a significant rise in its stock price after Warren Buffett's Berkshire Hathaway Inc. revealed a stake in the insurer.
Full articleSummary: Amgen (AMGN) received approval from U.S. regulators for its drug to treat a form of late-stage lung cancer, specifically for cases with progression on or after platinum-based chemotherapy.
Full articleSummary: Sats has appointed Mr. Irving Tan, former chairman of Asia-Pacific, Japan and Greater China at Cisco, as independent director and chairman-designate.
Full articleSummary: Global equity markets rose on Citigroup's strong earnings and a fresh round of merger and acquisition activity. The dollar traded near break-even against major currencies, and investors were optimistic amidst euro zone bank concerns and Portugal's bank issues.
Full articleSummary: Actor Zachary Levi faced backlash after calling pharmaceutical giant Pfizer 'a real danger to the world'. Fans expressed disagreement and concerns about his stance, especially considering his upcoming movie release. Levi provided a link to a 2009 US Justice Department release announcing Pfizer's $2.3 billion healthcare fraud settlement.
Full articleSummary: A former diversity program manager for Facebook and Nike has been sentenced to federal prison for orchestrating kickback schemes resulting in a total of $5 million in theft. The fraud involved fake invoices, fraudulent vendors, and cash kickbacks, leading to her termination and subsequent conviction.
Full articleSummary: Costco is raising prices on certain items despite inflation slowing down. Prices on items like olive oil have risen while some items like furniture have dropped due to reduced freight costs. Gas prices at Costco have also been increased to improve profitability.
Full articleSummary: Philip Morris International Inc. (NYSE:PM) hit a new 52-week high on Thursday with its stock price reaching $100.74. Analyst upgrades and downgrades have been reported with a consensus rating of 'Hold' and a price target of $105.50. The company also reported better-than-expected quarterly earnings, beating analysts' estimates.
Full articleSummary: Cisco appoints former Splunk CEO Gary Steele to replace longtime channel chief Jeff Sharritts and lead the integration of Splunk's partners into the Cisco program, as well as help transform Cisco's positioning as a software and services vendor.
Full articleSummary: Josh Gottheimer, the representative for New Jersey's 5th congressional district, made a series of stock transactions through his Morgan Stanley account involving companies like Adobe Inc., Alphabet Inc., Agree Realty Corporation, BioNTech SE, Chugai Pharmaceutical Co., Cognizant Technology Solutions Corporation, Endava plc, Fair Isaac Corporation, Fox Factory Holding Corp., and Freeport-McMoRan Inc.
Full articleSummary: Apple's controversial 'Let Loose' event ad depicting destruction of old media tools led to backlash, resulting in an apology from VP of Marketing. Samsung leveraged the opportunity by releasing an ad highlighting their support for creativity, although some critics question its sincerity and creativity.
Full articleSummary: Third Point LLC disclosed its holdings as of March 31, making new buys, exiting positions, increasing stakes in certain holdings, and listing top holdings.
Full articleSummary: Booking Holdings Inc. CEO and President Glenn D. Fogel sells a portion of his company stock worth over $2.8 million through prearranged transactions as part of a 10b5-1(c) trading plan adopted in March 2022. After the sales, his remaining ownership in Booking Holdings amounts to 26,221 shares.
Full articleSummary: Widespread outage of Apple's iMessage services has been resolved after disruptions were reported in Australia and parts of the United States.
Full articleSummary: Chief Legal Officer of Colgate-Palmolive Co. sold a significant amount of company stock, while also acquiring shares through stock options. Insider transactions like these provide insights into executives' perspectives on the company's valuation and future prospects. Investors keen to see the impact of these actions on the company's performance and strategic initiatives.
Full articleSummary: Intuit's stock price closed at $653.37 with a slight decrease of -0.27% compared to the previous day. The company is set to report earnings on May 23, 2024, with forecasted EPS of $9.34 and revenue of $6.63 billion. Analysts' estimates and Zacks Rank suggest a positive outlook for the company.
Full articleSummary: General Dynamics Co. (GD) stock price increased by 0.6% during mid-day trading on Thursday after positive analyst ratings and earnings report. The company also announced an increase in dividend and insider activity with significant sales of stock by insiders. Large institutional investors also made changes to their positions in the business.
Full articleSummary: Beacon Pointe Advisors LLC trimmed its stake in shares of ConocoPhillips by 8.2% during the fourth quarter, several other large investors also modified their holdings of COP, insider selling by EVP Nicholas G. Olds and CEO Ryan Michael Lance, multiple analyst rating changes with price target revisions, quarterly dividend announcement, COP trading down 0.7% on Thursday
Full articleSummary: Beacon Pointe Advisors LLC reduced its stake in RTX Co. by 27.1% during the 4th quarter, according to its most recent filing with the SEC. Additionally, several other institutional investors have either boosted or modified their holdings of RTX. RTX recently announced an increase in its quarterly dividend. Wall Street analysts have issued varying opinions on RTX, with some raising price targets and ratings. Insider transactions have also taken place, including significant share sales by the CEO.
Full articleSummary: Apexium Financial LP purchased a new stake in shares of Lowe's Companies, Inc. during the fourth quarter, with multiple institutional investors also buying shares. Lowe's Companies stock is down 1.6%. Additionally, Lowe's Companies reported quarterly earnings that beat analysts' estimates with a dividend announcement.
Full articleSummary: Bristol-Myers Squibb's share price was down 1.6% during trading on Thursday, with analysts setting new price targets and the stock being rated as 'Hold' with a consensus price target of $60.00. The company reported quarterly earnings per share exceeding analysts' consensus estimates. Bristol-Myers Squibb also announced a quarterly dividend and experienced modifications in holdings by institutional investors and hedge funds.
Full articleSummary: PayPal Holdings, Inc. (NASDAQ:PYPL) experienced a 0.8% increase in stock price and had approximately 2.1 million shares traded on Thursday. Analysts provided mixed ratings with a majority of hold ratings and an average price target of $72.73. PayPal's recent earnings report showed a missed consensus estimate, with expectations of 4.13 earnings per share for the current year.
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