BioNTech SE
Pfizer struggles to claw back faith with Wall Street and its employees as it recovers from the Covid decline
Kena Betancur | Corbis News | Getty Images Pfizer had a “phenomenal” first quarter — and Wall Street took notice, CEO Albert Bourla told thousands of employees during a companywide town hall on May 2, according to a recording heard by CNBC. A day earlier, the pharmaceutical giant’s stock had closed 6% higher after its […]
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Pfizer shares fall as 2024 revenue and profit forecast disappoints
Shares of Pfizer fell Wednesday after the drugmaker forecast 2024 revenue and profit below Wall Street’s expectations, as it sees weak demand for its once-blockbuster Covid products. Pfizer also raised the target of its sweeping cost-cutting plan by $500 million, bringing the anticipated total to $4 billion. The company expects 2024 revenue of $58.5 billion […]
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Stocks building the most significant moves midday: Tesla, Disney, Alibaba, Ulta Splendor and a lot more
Examine out the organizations creating headlines in midday trading. Tesla — Tesla shares slipped less than 1% as Wall Road assessed the firm’s extensive-anticipated Cybertruck pursuing a supply start occasion Thursday in Texas. Disney — Disney shares were being nearly flat soon after the leisure large reinstated its dividend at 30 cents per share amid […]
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Pfizer’s combination Covid, flu vaccine will move to final-stage trial after positive data
CFOTO | Future Publishing | Getty Images Pfizer on Thursday said its combination vaccine candidates targeting Covid and the flu will move to a final-stage trial in the coming months after showing positive initial results in an early to mid-stage study. That moves the pharmaceutical giant and its German partner BioNTech one step closer to […]
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Stocks creating the greatest moves midday: Lululemon, Pfizer, News Corp, Charles Schwab and extra
Examine out the businesses producing the greatest moves midday. Lululemon — Shares of the athleisure apparel business surged much more than 10% right after S & P Dow Jones Indices declared that the firm’s stock will be included to the S & P 500 on Wednesday. Lululemon will replace Activision Blizzard following the completion of […]
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Moderna combination Covid, flu vaccine moves to final stage trial after positive data
Artur Widak | Nurphoto | Getty Images Moderna on Wednesday said its combination vaccine targeting Covid and the flu will move to a final stage trial in adults ages 50 and above this year after showing positive results in an early to mid-stage study. The biotech company hopes its shot, mRNA-1083, can win approval from […]
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Covid vaccine stocks jump as new variants emerge ahead of fall shot rollout
Nikos Pekiaridis | Lightrocket | Getty Images Covid vaccine makers’ shares rose Monday as new variants of the virus emerge in the U.S. ahead of the rollout of updated shots this fall. Shares of Novavax jumped more than 13%. Moderna‘s stock rose more than 9%. Shares of BioNTech, which jointly develops Covid vaccines with Pfizer, […]
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Stocks making the biggest moves midday: Tesla, Berkshire Hathaway, PayPal, Cinemark and far more
Model Y autos are pictured all through the opening ceremony of the new Tesla Gigafactory for electrical automobiles in Gruenheide, Germany, March 22, 2022. Patrick Pleu | Pool | by way of Reuters Check out the firms earning headlines in midday buying and selling. Tesla — The electrical car stock dropped approximately 3% soon after […]
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Stocks making the biggest moves premarket: Sovos Brands, BioNTech, Tyson Foods and more
In this article SOVO VTRS KKR BRK.B Follow your favorite stocksCREATE FREE ACCOUNT A truck delivers a load of live chickens to the Tyson Foods processing plant in Monroe, North Carolina. Alan Slitz | Tribune News Service | Getty Images Check out the companies making headlines before the bell Monday. Tyson Foods — Shares of […]
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CNBC Each day Open: A personal debt ceiling offer won’t fix all the things
U.S. President Joe Biden fulfills with Household Speaker Kevin McCarthy (R-CA) in the Oval Office of the White Household on Could 22, 2023 in Washington, DC. Drew Angerer | Getty Images News | Getty Visuals This report is from today’s CNBC Day-to-day Open up, our new, intercontinental markets e-newsletter. CNBC Every day Open delivers traders […]
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