Tag: AstraZeneca PLC
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AstraZeneca may buck a decade of pharma strategy to buy U.S. scale
Reports of preliminary talks between AstraZeneca and Bristol Myers Squibb moved shares and reignited debate over Big Pharma consolidation.
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CNBC UK Exchange: Diageo’s turnaround test
The world’s biggest spirits company has since seen its share price more than halve as its fortunes have waned.
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Stocks making the biggest moves midday: Amazon, Corning, CoreWeave, Bristol Myers & more
Here are some of the companies making headlines in midday trading.
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Stocks making the biggest moves premarket: Alibaba, Bristol-Myers Squibb, eBay & more
These are the stocks posting the largest moves premarket.
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AstraZeneca shares drop 7% after report on $400 billion merger talks with Bristol Myers Squibb
The companies have discussed a potential merger over several months, the Financial Times reported on Sunday.
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CNBC Daily Open: Markets exhale as Trump steps back, OPEC+ steps up
Trump’s canceled strike on Iran and an OPEC+ output hike drained the war premium from oil over the weekend, sending crude lower and stock futures higher.
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AstraZeneca in talks with Bristol Myers Squibb on $400 billion megadeal, FT reports
U.K. pharmaceutical giant AstraZeneca is considering a deal to merge with its U.S. rival Bristol Myers Squibb.
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HSBC loses conviction in leading drugmaker, forecasts ‘tough path’ ahead
The bank’s analysts wrote in a note on Monday that they have downgraded the stock to ‘hold’, as the team “no longer finds the risk-reward balance attractive.”
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AstraZeneca’s trial flop raises a bigger question: Is its pipeline premium becoming more vulnerable?
For years, AstraZeneca has commanded one of the richest valuations among large European pharma companies on the assumption that it consistently delivers results.
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Stocks making the biggest moves midday: Micron, Paramount Skydance, Mara Holdings, PepsiCo & more
These are the stocks posting the largest moves midday.
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