Pfizer Inc

Moderna shares rise on better Covid vaccine outlook despite sharp drop in sales
Health

Moderna shares rise on better Covid vaccine outlook despite sharp drop in sales

Artur Widak | Nurphoto | Getty Images Shares of Moderna rose Thursday after the biotech company hiked its full-year outlook for its Covid vaccine, its only marketable product, despite reporting a quarterly loss and sharp drop in revenue.  Here are Moderna’s results: Loss per share: $3.62 (That may not be comparable to the $4.04 expected by […]

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GSK sues Pfizer in U.S. court for patent infringement over RSV vaccine
Health

GSK sues Pfizer in U.S. court for patent infringement over RSV vaccine

Jun Li | Istock | Getty Images GlaxoSmithKline on Wednesday sued Pfizer in U.S. court, alleging patent infringement over Britain-based GSK’s respiratory syncytial virus vaccine.  GSK claims Pfizer’s RSV vaccine, Abrysvo, infringes on four of its patents related to the antigen used in its own shot. related investing news “Upon information and belief, Pfizer knowingly […]

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Stocks creating the biggest moves premarket: Uber, Gap, Caterpillar & much more
Finance

Stocks creating the biggest moves premarket: Uber, Gap, Caterpillar & much more

People stroll by a Gap retail shop on August 24, 2022 in Beijing, China. VCG | Getty Pictures Verify out the businesses producing headlines in advance of the bell on Tuesday. SoFi Systems — The money engineering stock dropped 3.7% just after KBW analyst Michael Perito downgraded the stock from underperform from sector carry out. […]

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Merck beats on revenue boosted by Keytruda sales, but posts quarterly loss due to Prometheus deal
Health

Merck beats on revenue boosted by Keytruda sales, but posts quarterly loss due to Prometheus deal

Merck on Tuesday reported second-quarter revenue that topped expectations on strong sales of its blockbuster cancer drug Keytruda and HPV vaccine Gardasil. The pharmaceutical giant posted a quarterly loss, however, due to charges associated with the company’s acquisition of Prometheus Biosciences earlier this year.  related investing news Merck swung to a net loss of $5.98 […]

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Pfizer beats on earnings, but revenue misses as Covid product sales plummet
Health

Pfizer beats on earnings, but revenue misses as Covid product sales plummet

Pavlo Gonchar | Lightrocket | Getty Images Pfizer on Tuesday reported second-quarter adjusted earnings that topped Wall Street’s expectations, but posted revenue that fell short of estimates as Covid product sales plunged. Pfizer reported second-quarter sales of $12.73 billion, down 54% over the same period a year ago. Excluding sales of the company’s Covid vaccine […]

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Inventory futures are minimal adjusted as Wall Street’s busiest earnings 7 days carries on: Stay updates
World

Inventory futures are minimal adjusted as Wall Street’s busiest earnings 7 days carries on: Stay updates

Traders operate on the floor of the New York Inventory Exchange, July 12, 2023. Spencer Platt | Getty Visuals U.S. stock futures traded close to the flat line Monday night as traders await a flood of company earnings stories.  Dow Jones Industrial Ordinary futures rose by 12 points, or .03%. Futures joined to the S&P […]

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Earnings playbook: How to trade some of the greatest reports this week, including Apple
World

Earnings playbook: How to trade some of the greatest reports this week, including Apple

This could be a make-or-break 7 days for next-quarter earnings year. When all is mentioned and accomplished, about 160 S & P 500 businesses will have claimed their latest quarterly outcomes — making this the busiest 7 days of the overall reporting interval. By Monday’s open, more than 250 names experienced previously documented, with 81% […]

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NIH to test Pfizer’s Paxlovid, other treatments as potential long Covid therapies
Business

NIH to test Pfizer’s Paxlovid, other treatments as potential long Covid therapies

Paxlovid, Pfizer’s anti-viral medication to treat the coronavirus disease (COVID-19), is displayed in this picture illustration taken October 7, 2022. Wolfgang Rattay | Reuters The National Institutes of Health said Monday it launched mid-stage clinical trials to test at least four treatments, including Pfizer‘s antiviral Covid-19 pill Paxlovid, as potential therapies for long Covid.  There […]

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New Covid vaccines are coming to the U.S. this fall, but uptake may be low — Here’s why
Business

New Covid vaccines are coming to the U.S. this fall, but uptake may be low — Here’s why

A pharmacist delivers a COVID-19 booster dose at a Chicago CVS store. Antonio Perez | Tribune News Service | Getty Images A new round of Covid vaccines is coming to the U.S. this fall — but many Americans may not roll up their sleeves and take one. That’s largely because pandemic fatigue, the belief that […]

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Stocks making the biggest moves premarket: Intel, Roku, Procter & Gamble and more
Finance

Stocks making the biggest moves premarket: Intel, Roku, Procter & Gamble and more

In this article PG ROKU INTC Follow your favorite stocksCREATE FREE ACCOUNT Signage outside Intel headquarters in Santa Clara, California, on Monday, Jan. 30, 2023. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines before the bell. Intel — Shares popped 6.7% after the chipmaker posted better-than-expected second-quarter results and […]

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