Maravai LifeSciences Announces March 2024 Investor Conference Schedule

Business Wire
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LONDON, May 09, 2024-- FundsDate
Reuters
Viagra maker Viatris misses revenue estimates on weak demand for older drugs
Drugmaker Viatris narrowly missed first-quarter revenue estimates on Thursday, hurt by weak sales for its older drugs such as cholesterol medication Lipitor and Norvasc for high blood pressure. Net sales in its branded drugs unit, which makes up two-thirds of the company's total revenues, also fell 4.5% to $2.31 billion. Viatris, formed by the merger of Mylan and Pfizer's Upjohn business, makes generic and key branded drugs such as erectile dysfunction drug Viagra, anti-anxiety medication Xanax, epilepsy treatment Lyrica and arthritis treatment Celebrex.
Reuters
Arm shares fall as tepid forecast takes shine off AI optimism
Bets that Arm will benefit from a surge in AI computing have doubled the chipmaker's share price since its initial public offer last September, giving it a market value of about $110 billion. "This is a typical case of ARM not being able to live up to heightened expectations," said CFRA Research analyst Angelo Zino, adding that Arm's business is overtly reliant on the smartphone market, which has recently shown slower growth. UK-based Arm, which earns by licensing its chip designs and through royalties, has been expanding into the data center market where operators are looking to build their own chips to power new AI models and reduce their reliance on dominant supplier Nvidia.
BBC
Bank of England optimistic 'things moving in right direction'
Its comments came as UK interest rates were left unchanged at a 16-year high of 5.25%.
Investor's Business Daily
Roblox Stock Plunges On Firm's Weak Outlook. Investors Say 'Game Over.'
Video game platform Roblox beat estimates for the first quarter but guided below views for the current quarter and full year. Roblox stock plummeted on the news.
BBC
How do interest rates affect me and when will they come down?
Bank of England interest rates have an impact on the mortgage, loan and savings rates for millions of people.
Reuters
GLOBAL MARKETS-Stocks consolidate record highs, pound ground down by BoE
World stocks took a breather on Thursday after a strong few weeks, while the pound lost ground as the Bank of England edged towards rate cuts and a swooning Japanese yen prompted more intervention talk in Tokyo. The pan-European STOXX 600 was consolidating two straight record highs, although London's FTSE set a new one after the BoE and Spain was lively too as bank BBVA's 12 billion euro ($12.87 billion) courtship of rival Sabadell suddenly turned hostile. The region's bond and FX markets had spent the morning taking it easy, but the day's big event - the Bank of England's decision to leave UK rates at the 5.25% level they have been since August - sparked them into life, as two of the bank's nine rate setters - one more than in April - voted for a cut.
People
Man Suspected of Murdering Surfers in Mexico Told Girlfriend He 'Killed' 3 Men, Court Hears
American Jack Carter Rhoad and his friends, Australian brothers Jake and Callum Robinson, were found dead while on a surfing and camping trip in Baja, California
Business Wire
Volpara Health Appoints Clarity Quest as Agency of Record
GROTON, Conn., May 09, 2024--Volpara Health, a global leader in early detection & prevention of cancer, announced that it has selected Clarity Quest as its agency of record.
Reuters
Charles River beats first-quarter estimates, reaffirms annual forecast
Charles River Laboratories beat Wall Street estimates for first-quarter profit and revenue on Thursday, helped by strength in its manufacturing business and its unit that supplies research models to biotech clients. The contract research firm reaffirmed its full-year 2024 forecast, as it expects demand for its services to improve modestly during the second half of the year. Charles River and its peers have been grappling with weakening demand for their services due to a funding crunch among their biotech clients.
Thomson Reuters StreetEvents
Q1 2024 Instructure Holdings Inc Earnings Call
Q1 2024 Instructure Holdings Inc Earnings Call
Evening Standard
Recession set to end as City looks ahead to interest rate cuts to boost economic growth
Quarterly expansion of 0.4% will make period of contraction shallow and short but strong growth remains elusive
The Independent
‘Eunuch maker’ ringleader who had freezer filled with body parts jailed for life
WARNING DISTRESSING CONTENT Marius Gustavson ran ‘lucrative’ extreme body modification website sharing gruesome footage of castrations and amputations alongside six other men
Yahoo Finance
Warner Bros. Discovery misses earnings estimates amid greater linear TV struggles
Warner Bros. Discovery reported first quarter earnings before the bell on Thursday. Here's what to know.
USA TODAY
50 Cent sues ex Daphne Joy after she accused him of sexual assault and abuse
50 Cent is hitting back at ex-girlfriend Daphne Joy after she accused him of sexual assault amid being named in a civil lawsuit against Diddy.
Reuters
Argentine workers launch general strike against Milei reforms, austerity
Argentine unions launched a huge general strike on Thursday against painful austerity measures and planned reforms by new libertarian President Javier Milei, whose cost-driving has stabilized local markets but hammered the real economy. The South American country saw public transport, the important grains crushing sector, supermarkets, airports and banks grind to a halt for 24 hours as most of the major unions joined the protest action against the government. Milei, an economist and former media pundit, won a shock election last year pledging to fix with a "chainsaw" an economic crisis that snowballed under previous governments, leading to depleted reserves and triple-digit inflation.
Business Wire
CIONIC Unveils New Offerings to Address Full Spectrum of Mobility Challenges with New Activities of Daily Living Exercise Regimen and Training Reports for Patients with Disabilities
SAN FRANCISCO, May 09, 2024--CIONIC, the neurotech inventor of FDA-cleared bionic clothing to improve walking, strength, and overall mobility, announced significant updates to the Cionic Neural Sleeve experience in its latest software release. The durable leg sleeve is transforming how device-based therapeutics are assisting patients with multiple sclerosis, strokes, spinal cord injuries, and other upper motor neuron diagnoses. The updates include comprehensive progress tracking, as well as a su
Simply Wall St.
Broadridge Financial Solutions Third Quarter 2024 Earnings: Misses Expectations
Broadridge Financial Solutions ( NYSE:BR ) Third Quarter 2024 Results Key Financial Results Revenue: US$1.73b (up 4.9...
BBC
TSB to close five banks across West Midlands
TSB says it will close 36 branches across the UK as more customers switch to online banking.
The Independent
Putin marks Russia’s Victory Day parade with single tank for second year running
The lone tank was accompanied by armoured vehicles and saluting soldiers as it paraded in in Moscow’s Red Square

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Maravai LifeSciences Announces March 2024 Investor Conference Schedule

Latest stories

Net Asset Value(s)

Viagra maker Viatris misses revenue estimates on weak demand for older drugs

Arm shares fall as tepid forecast takes shine off AI optimism

Bank of England optimistic 'things moving in right direction'

Roblox Stock Plunges On Firm's Weak Outlook. Investors Say 'Game Over.'

How do interest rates affect me and when will they come down?

GLOBAL MARKETS-Stocks consolidate record highs, pound ground down by BoE

Man Suspected of Murdering Surfers in Mexico Told Girlfriend He 'Killed' 3 Men, Court Hears

Volpara Health Appoints Clarity Quest as Agency of Record

Charles River beats first-quarter estimates, reaffirms annual forecast

Q1 2024 Instructure Holdings Inc Earnings Call

Recession set to end as City looks ahead to interest rate cuts to boost economic growth

‘Eunuch maker’ ringleader who had freezer filled with body parts jailed for life

Warner Bros. Discovery misses earnings estimates amid greater linear TV struggles

50 Cent sues ex Daphne Joy after she accused him of sexual assault and abuse

Argentine workers launch general strike against Milei reforms, austerity

CIONIC Unveils New Offerings to Address Full Spectrum of Mobility Challenges with New Activities of Daily Living Exercise Regimen and Training Reports for Patients with Disabilities

Broadridge Financial Solutions Third Quarter 2024 Earnings: Misses Expectations

TSB to close five banks across West Midlands

Putin marks Russia’s Victory Day parade with single tank for second year running