Large Cap - Spark Newswire

1 minute read

YouTube CEO Susan Wojcicki Steps Down, Says ‘Time Is Right For Me’

Today, 11:30 PM

On Thursday, Alphabet Inc's (NASDAQ: GOOG) (NASDAQ: GOOGL) YouTube CEO Susan Wojcicki said that she's stepping down. Chief product officer Neal Mohan will lead as the SVP and new head of YouTube.

GOOG

2 minute read

Analysts Are Bullish On Seagen’s Catalyst-Rich Pipeline, Finding No Problem With No M&A

By Vandana Singh

Today, 11:30 PM

Seagen Inc (NASDAQ:SGEN) reported a Q4 EPS loss of $(0.80), better than the consensus of $(1.05) and $(0.95) a year…

SGEN

1 minute read

Airbus Expects Higher Plane Deliveries For 2023, But Cautious On Production For A320

By Vandana Singh

Today, 11:30 PM

Airbus SE’s (OTC:EADSY) (OTC:EADSF) FY22 revenues increased 13% Y/Y to €58.8 billion. Revenues generated by Airbus’ commercial aircraft activities increased by…

EADSF

1 minute read

Analysts Build Bearish Sentiment On Devon Energy’s Q4 Miss, Softer FY23 Outlook

By Vandana Singh

Today, 11:30 PM

Shale oil producer Devon Energy Corp’s (NYSE:DVN) Q4 missed consensus estimates for profit due to a hit to production from severe cold…

DVN

3 minute read

Why Is Michael Burry Going In On China? An In-Depth Look At Scion Capital Holdings

By AJ Fabino

Today, 11:30 PM

Recall how Scion Capital founder Michael Burry — who gained widespread recognition after being portrayed by actor Christian Bale in the 2015 film "The Big Short" (based on Michael Lewis' book) — tweeted “Sell” back on Feb. 1.

AJRD

1 minute read

JNJ Terminates NASH Program Pact With Arrowhead Pharmaceuticals

By Vandana Singh

Today, 11:30 PM

Arrowhead Pharmaceuticals Inc (NASDAQ:ARWR) received written notice from Janssen, a unit of Johnson & Johnson (NYSE:JNJ), to terminate their rights to JNJ-75220795, now called…

ARWR

1 minute read

US Judge Intends To Dismiss Johnson & Johnson’s Talc Subsidiary Bankruptcy

By Vandana Singh

Today, 11:30 PM

A three-judge panel of the Philadelphia-based 3rd U.S. Circuit Court of Appeals ruled to dismiss Johnson & Johnson's (NYSE: JNJ) subsidiary's bankruptcy case regarding talc-related claims.

JNJ

1 minute read

Mixed Signals On Valentine’s Day: How Stocks Are Reacting To January Inflation Data

By AJ Fabino

Today, 11:30 PM

Inflation cooled slightly in January, but saw increases in some areas due to the impact of surging food, energy and shelter prices on consumers, the U.S Labor Department said Tuesday.

AIN

3 minute read

Goldman On Cybersecurity Stocks: Bullish On Palo Alto, Bearish On Cloudflare, Plus More Ratings

By AJ Fabino

Today, 11:30 PM

Investment banking giant Goldman Sachs Group Inc (NYSE: GS) made a major move in the security sector, initiating coverage of several companies with Buy, Neutral and Sell ratings.

AVPT

1 minute read

Embecta Shares Gain As Q1 Earnings Exceed Expectations

By Vandana Singh

Today, 11:30 PM

Embecta Corp (NASDAQ:EMBC) posted Q1 FY23 revenues of $275.7 million, down 4.7% on a reported basis and up 0.7% on…

EMBC