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ex pfizer executives allege coercion amid activist investor push for change

Two former Pfizer executives, Ian Read and Frank D’Amelio, have distanced themselves from activist investor Starboard Value's plans to overhaul the company, citing support for current management. Starboard alleges they were coerced into this stance, claiming threats of litigation and compensation clawbacks. The investor, which holds a $1 billion stake in Pfizer, is pushing for changes amid the company's declining profitability and challenges in the pharmaceutical market.
BioPharma Dive
United States Dollar Match Group, Inc. Pfizer Inc. Bristol-Myers Squibb Company News Corporation USA Albert Bourla Ian Read Frank D'Amelio Jeffrey Smith Show more
Finance & Economy, Press Release
13:16 10.10.2024

global healthcare it consulting market trends and forecasts from 2024 to 2031

The global Healthcare IT Consulting market report provides a comprehensive analysis of market structure, growth factors, and competitive landscape, forecasting trends from 2024 to 2031. It covers key players, regional insights, and market segmentation by type and application, highlighting driving forces and potential restraints. The report aims to equip stakeholders with essential data for strategic decision-making in the evolving healthcare IT landscape.
rock-news.at
IBM Corporation McKesson Corporation Cerner Corporation General Electric (GE) Company Siemens Healthineers AG IBM Corporation Neil Thomas Cerner Corporation General Electric (GE) Company Siemens Healthineers Show more
Healthcare, Market Report
13:13 10.10.2024

kamala harris confronts big banks during foreclosure crisis in california

Kamala Harris, as California's attorney general, took decisive action during the foreclosure crisis, ultimately securing a $20 billion settlement from major banks to aid homeowners. Despite significant principal reductions for over 84,000 families, many still lost their homes, highlighting the need for further reforms and accountability in the banking sector. Harris' efforts led to the Homeowners Bill of Rights, ensuring lasting protections for consumers against unlawful practices.
kqed.org
United States Dollar JPMorgan Chase & Co. Medallion Financial Corp. USA Kamala Harris Katie Porter Ira Rheingold Jamie Dimon Nathan Barankin Show more
TradFi, News Article
13:00 10.10.2024

ubs reaffirms recommendation for totalenergies stock analysis published by boursorama

UBS has reiterated its recommendation on TotalEnergies, as reported by Cercle Finance and published by BOURSORAMA. The analysis is provided for informational purposes only, with BOURSORAMA disclaiming any responsibility for its content and ensuring no conflicts of interest affect its objectivity.
Boursorama
Euro TotalEnergies SE Societe Generale Batiment SA UBS SA FRA Show more
TradFi, Market Report
12:55 10.10.2024

mobile telemedicine market projected to exceed 14500 million by 2032

The Mobile Telemedicine market is projected to grow from USD 9,088.38 million in 2023 to USD 14,500.16 million by 2032, achieving a CAGR of 16.85%. This growth is driven by increased adoption, government initiatives, and advancements in technology across various applications, including hospitals and home care. Key players in the market include Koninklijke Philips N.V., GE Healthcare, and IBM, among others.
openPR.com
United States Dollar McKesson Corporation GE Healthcare Ltd. IBM 401(k) Plan Trust Koninklijke Philips N.V. Medtronic plc. RUS DEU ARG USA TUR CAN THA JPN TWN IND ARE MEX COL GBR FRA AUS IDN MYS KOR BRA SAU CHN ITA McKesson Corporation GE Healthcare Ltd. Koninklijke Philips N.V. BioTelemetry Philips Healthcare Show more
Healthcare, Market Report
12:35 10.10.2024

credit suisse clients begin transition to ubs platform as integration advances

The integration of Credit Suisse into UBS is advancing, with the first client funds successfully transferred to UBS's platform. Approximately 1.3 million Credit Suisse clients are set to follow in the coming quarters, as UBS plans to migrate clients from Luxembourg and Hong Kong soon, followed by Singapore and other countries. UBS aims to streamline operations by deactivating 90% of Credit Suisse's applications and servers.
Blick
United States Dollar Credit Suisse Anlagestiftung UBS SA HKG CHE LUX SGP Sergio Ermotti Mike Dargan Show more
TradFi, News Article
12:13 10.10.2024

pharmaceutical race intensifies for next generation obesity treatments

A multibillion-dollar race is underway among pharmaceutical companies to develop superior obesity drugs, with key contenders like Eli Lilly's Zepbound and Novo Nordisk's Wegovy leading the market. Upcoming trial results for various drugs, including Amgen's maritide and Roche's CT-996, are highly anticipated and could reshape the competitive landscape. As companies explore innovative approaches, such as preserving muscle mass during weight loss, the future of obesity treatment remains dynamic and closely watched.
BioPharma Dive
United States Dollar Eli Lilly and Company Pfizer Inc. Novo Nordisk A/S Hoffmann-La Roche AG Amgen Inc. USA DNK Joe Biden Donald Trump David Risinger Show more
Healthcare, Market Report
11:49 10.10.2024

oil prices decline as china stimulus fades and us inflation data awaited

Oil prices have declined as optimism over China's economic stimulus fades, compounded by rising US crude inventories. Investors are now focused on upcoming US inflation data, with expectations of a slight decrease, while recent Fed minutes revealed no plans for accelerated interest rate cuts. Additionally, Hurricane Milton poses potential risks along the Florida coast, with expected damages in the billions.
IG
United States Dollar Department of Energy People's Bank of China US Federal Reserve CHN USA Hurricane Milton Michelle Bowman Show more
TradFi, Market Report
11:20 10.10.2024

ubs maintains buy rating for essilorluxottica ahead of quarterly results

UBS maintains a "Buy" rating for EssilorLuxottica ahead of its quarterly results, as reported by Cercle Finance. BOURSORAMA, acting solely as a distribution channel, emphasizes that it has no involvement in the analysis preparation and holds no conflicts of interest regarding the investment recommendations provided.
Boursorama
EssilorLuxottica Société anonyme FRA
TradFi, Market Report
11:07 10.10.2024

ubs predicts subdued growth for european equities amid rising bond yields

UBS projects a bleak outlook for European equities in 2025, citing rising bond yields and minimal growth in corporate profits. Increased competition from China and vague economic stimuli further dampen prospects, while governments are likely to raise corporate taxes to address budget deficits.
cash.ch
UBS SA CHN
TradFi, Market Report
10:56 10.10.2024
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