AbbVie (NYSE: ABBV) and Pfizer (NYSE: PFE) are two of the world's biggest pharmaceutical companies, and the similarities don't end there. The case for AbbVie as a growth stock can't avoid two issues: the decline of Humira, and the stagnation of its oncology portfolio.
Brazilian President Luiz Inacio Lula da Silva said on Tuesday he has not decided whether to bring forward the name of the next central bank chief or announce it closer to the end of the year, when central bank governor Roberto Campos Neto's term ends. Talking to journalists in Brasilia, Lula again questioned Campos Neto's performance and called for lower interest rates. Lula said, however, he has "no problem" with Campos Neto staying in the role until his term ends in December.
Two airplane passengers raised eyebrows for their chosen positions during their flight
The U.S. Supreme Court on Tuesday stepped into the contentious unionization drive at Starbucks, hearing arguments in the coffee chain's challenge to a judicial order requiring it to rehire seven employees at a Tennessee cafe who were fired as they pursued efforts to organize. The company has appealed a lower court's approval of an injunction sought by the U.S. National Labor Relations Board ordering the reinstatement of the workers. It is a case that could make it harder to bring a quick halt to labor practices challenged as unfair under federal law while the NLRB resolves complaints.
More than 20 years after his death, there are treasures in the Johnny Cash vault that have remained unmined, despite assumptions that everything interesting might have been brought into the light in the posthumous recordings that came out in the years following his 2003 death. On June 28, Universal Music will issue “Songwriter,” a collection …
Wall Street's main indexes advanced on Tuesday as growth and chip shares gained, while stocks like General Motors and Spotify rose on upbeat earnings updates ahead of quarterly reports from big technology companies. On the earnings front, General Motors advanced 4.6% after the automaker posted quarterly results above Wall Street targets and raised its annual forecast.
UnitedHealth says files with personal information that could cover a “substantial portion of people in America” may have been taken in the cyberattack earlier this year on its Change Healthcare business. UnitedHealth did say that some screen shots containing protected health information or personally identifiable information were posted for about a week online on the dark web, which standard browsers can’t access. The company also is offering free credit monitoring and identity theft protection for people affected by the attack.
Tom Holland, Rihanna and the Venice art set have all ordered this season’s hottest Aperol Spritz tinted shades
Ageas and Fosun: Transparency notification In accordance with the rules on financial transparency*, Fosun has notified Ageas on 22 April 2024 that, on 19 April 2024, its interest has fallen below the legal threshold of 5% of the shares issued by Ageas. Its current shareholding stands at 4.64%. Reason for the notificationAcquisition or disposal of voting securities or voting rights Notification byA parent undertaking or a controlling person Persons subject to the notification requirementSee annex
JCDecaux publishes the results of a study that measures the socioeconomic footprint of its activities worldwide and in France Utopies conducted the study for JCDecaux, with Ernst & Young as auditor Paris, April 23rd, 2024 – JCDecaux SE (Euronext Paris: DEC), the number one outdoor advertising company worldwide, publishes the results of a study that measures its socioeconomic footprint worldwide and in France. Conducted by the agency Utopies, it extends a pilot study carried out in 2019 on the Fr
The hold status has since been lifted as the threat was deemed ‘non-credible’ by police
LONDON, April 23, 2024-- As Agent Bank, please be advised of the following rate determined on: 4/22/2024Issue
New Economic Impact Report Shows Decade Highs in Some Sectors, Declines in OthersARLINGTON, VA, April 23, 2024 (GLOBE NEWSWIRE) -- A new study by economic research firm John Dunham & Associates found that the U.S. aluminum industry directly employs more than 164,000 workers and drives $92 billion in direct economic output. The 2024 Economic Impact of the U.S. Aluminum Industry study also found that when indirect and induced impacts are considered, the industry supports nearly 700,000 American jo
United Parcel Service (UPS) posted its first-quarter earnings to mixed results with adjusted earnings per share at $1.43 against an estimated $1.30, but revenue came under estimations with $21.71 billion against an expected $21.83 billion. The company also reported a 3.2% decline in average daily volumes in its domestic business and a 5.8% drop in its international segment, signaling a softening of demand in deliveries. Could this be a warning sign of things to come with consumer demand? Bank of America Senior Transportation Analyst Ken Hoexter joins Yahoo Finance to give insight into UPS's earnings and what it signals for the bigger picture. Hoexter outlines how UPS could stage a comeback on forward projections and after this quarter's results: "I think the momentum really will be on the volume side. We know that the earnings were really hit as they signed a new Teamster employment contract this year. You've got really tough comps because of that on the cost side where employment costs are up 13% year-over-year. You have this huge tough comp until we anniversary that over the summer. So then you're going to have almost a flattish labor cost from that point forward. It really becomes you need that operating leverage of getting volumes into this fixed cost network that you can get some of that leverage. I think that's why you're seeing the focus on where volumes are for this stock in particular because that's really what's going to drive future earnings, is if you can see top-line growth." For more expert insight and the latest market action, click here to watch this full episode. This post was written by Nicholas Jacobino
Microsoft on Tuesday launched a lightweight artificial intelligence model, as it looks to attract a wider client base with cost-effective options. The new version called Phi-3-mini is the first of the three small language models (SLM) to be released by the company, as it stakes its future on a technology that is expected to have a wide-ranging impact on the world and the way people work. "Phi-3 is not slightly cheaper, it's dramatically cheaper, we're talking about a 10x cost difference compared to the other models out there with similar capabilities," said Sébastien Bubeck, Microsoft's vice president of GenAI research.
Anime superheroes, Bratz dolls, and killer pigs can be found on the gaming platform’s biggest hits
When Anna Branch, 37, had her hours at work reduced at the start of the pandemic in 2020, she suddenly noticed ads for an app called EarnIn. EarnIn is one of more than a dozen companies that provide this service, billed as Earned Wage Access. While Earned Wage Access apps have been around for over a decade, the pandemic and its aftermath boosted their popularity.
United Parcel Service expects its newly won U.S. Postal Service (USPS) air cargo contract to be profitable in its first year and throughout the more than five-year deal, after rival FedEx struggled with the business, Chief Executive Carol Tome said on Tuesday. Atlanta-based UPS will become the No. 1 USPS air cargo service provider on Sept. 30. It replaces FedEx, which was paid $1.75 billion in fiscal 2023 to provide Priority Mail and other speedy services for the quasi-governmental agency.
The FTSE 100 index set a new intraday high this morning after recording an all-time record close last night. The progress follows a strong session on Wall Street as tech stocks including Nvidia returned to favour. Today’s top performing London stocks are Primark owner AB Foods after a strong update and JD Sports Fashion following a US acquisition.
Chilean telecommunications firm Entel plans to invest $618 million this year, the company said on Tuesday, slightly above its 2023 spending. The funds will go primarily toward Entel's mobile and home divisions, the firm in a statement. The majority of the funds - $451 million - are earmarked for Chile, while another $167 million will go to Entel's Peruvian unit, the company added.
In many ways, “Letters From Drancy” has hewed a prestigious if unremarkable path. The VR doc premiered at last year’s Venice Immersive before additional festival slots at the BFI London Film Festival, South by Southwest and now the NewImages Festival in Paris. In other ways the title is all too uncommon – as it was …
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