Novartis raises 2023 forecast, maps out Sandoz spin-off
(Reuters) – Novartis on Tuesday raised its full-year earnings forecast on strong drug sales and mapped out the planned spin-off…
Lilly drug slows Alzheimer’s by 60% for mildly impaired patients in trial
(Reuters) – Eli Lilly’s experimental drug donanemab slowed the progression of Alzheimer’s by 60% for patients in the earliest stages…
Traders bulk up on biggest bull position in sterling since Brexit
(Reuters) – Speculators have amassed their biggest long position in sterling in dollar terms since Brexit, but untamed inflation and…
Fisker to sell limited edition electric SUVs in India by fourth quarter
(Reuters) – U.S. startup Fisker (NYSE:FSR) said on Monday it would produce 100 limited edition electric sports utility vehicles (SUVs)…
Bank of America Neutral on Lucid as delivery numbers fall short
Bank of America reiterated a Neutral rating on Lucid Group (NASDAQ:LCID) with a 12-month price target of $8.00 after the…
German union calls for better staffing at Tesla plant amid expansion plans
(Reuters) – Germany’s top union IG Metall on Monday called for Tesla (NASDAQ:TSLA) to improve staffing conditions at its German…
Wall St set for lower open as investors await more earnings
(Reuters) -Wall Street’s main stock indexes were on course for a lower open on Monday after last week’s strong gains,…
Brunswick and YETI Holdings cut at KeyBanc on near-term headwinds
Brunswick (NYSE:BC) was cut to Sector Weight from Overweight, while YETI Holdings (NYSE:YETI) was moved to Underweight from Sector Weight…
Tesla estimates raised at Wells Fargo ahead of 2Q release
Wells Fargo reiterated an Equal Weight rating on Tesla (NASDAQ:TSLA) and raised their 12-month price target on the stock to…
Microsoft faces EU investigation into Teams, Office bundling – FT
EU antitrust authorities will open an investigation next week into whether Microsoft (NASDAQ:MSFT) is unfairly bundling its Teams video conferencing…