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Latest in Ozempic maker Novo Nordisk nudges higher profit forecast

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  • Ozempic maker Novo Nordisk nudges higher profit forecast

    Novo Nordisk on Wednesday nudged higher its outlook for the year as the drugmaker registered another quarter of strong sales of its weight-loss drugs.
    Business - MarketWatch - 4 hours ago

  • Novo Nordisk shares jump 8% after Wegovy sales beat expectations

    Novo Nordisk on Wednesday reported third quarter earnings broadly in line with expectations and narrowed its 2024 full-year growth guidance.
    Business - CNBC - 7 hours ago

  • The Novo Nordisk scientist behind Ozempic, Wegovy weight loss research

    Drugs Ozempic and Wegovy have slimmed down Hollywood stars — and millions of non-celebrities worldwide — while adding great heft to the economy of Novo Nordisk’s home country, Denmark.
    Top stories - CBS News - 2 days ago

  • Novo Nordisk asks FDA to ban compounding pharmacies from making Ozempic, Wegovy copies

    The Danish drugmaker Novo Nordisk argues that semaglutide, the active ingredient in Ozempic and Wegovy, are too complex for those manufacturers to make safely.
    Business - CNBC - October 23
  • Novo Nordisk asks FDA to block compounding pharmacies from making Ozempic copycats

    Novo Nordisk asks FDA to block compounding pharmacies from making Ozempic copycats

    Novo Nordisk wants the Food and Drug Administration (FDA) to prevent compounding pharmacies from manufacturing their own versions of the company’s popular weight loss drug Wegovy and diabetes ...
    Politics - The Hill - October 23

  • Novo Nordisk's diabetes drug Ozempic may reduce the risk of Alzheimer's disease, study says

    The active ingredient in Ozempic was associated with a 40% to 70% lower risk of a first-time Alzheimer's diagnosis in diabetes patients.
    Business - CNBC - October 24

  • Novo Nordisk's Ozempic and Wegovy now available in the U.S. after shortages, FDA says

    It is a sign that Novo Nordisk's efforts to ramp up the supply of those drugs are starting to pay off, as demand continues to skyrocket in the U.S.
    Business - CNBC - 6 days ago

  • With Novo Nordisk success, is there a "Nokia risk" for Denmark?

    Correspondent Jon Wertheim revisits 60 Minutes' coverage of former mobile giant Nokia and discusses potential risks for the Danish economy.
    Top stories - CBS News - 2 days ago

  • Novo Nordisk's Wegovy Sales Beat Expectations

    The pharmaceutical giant narrowed its full-year guidance after its blockbuster Wegovy weight-loss drug beat sales expectations in the third quarter.
    Business - The Wall Street Journal - 9 hours ago

  • Barbie boom fades at Mattel, but Hot Wheels — and adult collectors — are on an upswing

    Mattel Inc. reported mixed third-quarter results, as a drop in demand for Barbie toys weighed on sales overall — but management said it expects a solid holiday season ahead and a toy-centric film ...
    Business - MarketWatch - October 24

  • Novo Nordisk New Pill Reduces Heart Attacks, Strokes in Diabetic Patients

    The Wegovy maker’s once-daily pill to treat type 2 diabetes has shown it cuts the risk of heart attacks and strokes in patients by up to 14%, according to a new trial.
    Business - The Wall Street Journal - October 21

  • Novo Nordisk's obesity-fighting drugs fatten Denmark's economy

    Danish company Novo Nordisk has a market cap larger than the entire country's GDP. As it grows, it's having an impact on other industries.
    Top stories - CBS News - 2 days ago

  • Weight loss drug industry injects wealth into Novo Nordisk home country

    Drugs Ozempic and Wegovy have slimmed down Hollywood stars — and millions of non-celebrities worldwide— while adding great heft to the economy of Novo Nordisk's home country, Denmark.
    Top stories - CBS News - 2 days ago
  • The Maker of Ozempic Is Trying to Block Compounded Versions of Its Blockbuster Drug

    The Maker of Ozempic Is Trying to Block Compounded Versions of Its Blockbuster Drug

    Novo Nordisk has asked the FDA to block production of compounded copies of Ozempic, arguing that it’s too difficult to do safely. It’s the latest escalation in a brewing war between pharmaceutical ...
    Tech - Wired - October 23

  • ABB Posts Higher Profit, Raises Margin Guidance

    The Swiss industrial-technology company’s profit and revenue rose as the electrification business offset weakness in robotics, discrete automation and e-mobility.
    Business - The Wall Street Journal - October 17

  • Tele2 Posts Higher Profits; Backs Targets

    Tele2 reported a slightly higher third-quarter net profit, helped by growth in revenue from its core telecommunications services, though revenue and underlying earnings were a touch below ...
    Business - The Wall Street Journal - October 22

  • Tesla Surprises Wall Street With Strong Third-Quarter Results

    The robust performance comes after a tumultuous start to the year in which Tesla’s profit fell for two straight quarters.
    Business - The Wall Street Journal - October 24
  • Ryanair profit drops as airline cuts passenger forecast

    Ryanair profit drops as airline cuts passenger forecast

    European low-cost carrier blames pressure on consumers for fall in fares
    Business - Financial Times - 2 days ago

  • Honda Motor Cuts Forecasts for Car Sales, Profit

    The Japanese automaker cut its annual forecasts for car sales and net profit after posting a drop in first-half earnings due partly to weakness in its auto business in China.
    Business - The Wall Street Journal - 11 hours ago
  • Tesla shares leap 22% after Musk predicts sales rebound

    Tesla shares leap 22% after Musk predicts sales rebound

    EV maker adds more than $150bn in market value after billionaire says sales may increase as much as 30% next year
    Business - Financial Times - October 24
  • AI demand drives growth and higher spending at Amazon’s cloud business

    AI demand drives growth and higher spending at Amazon’s cloud business

    Ecommerce company’s shares rise as it also gives an upbeat forecast for the holiday quarter
    Business - Financial Times - 5 days ago

  • AI Boom Is Real---and Really Profitable---Says Chip Maker TSMC

    The world’s largest contract chip maker says revenue from AI-related products is expected to triple this year.
    Business - The Wall Street Journal - October 17
  • Truck maker Volvo's Q3 adjusted profit falls more than expected

    Truck maker Volvo's Q3 adjusted profit falls more than expected

    Adjusted operating profit was 14.1 billion crowns ($1.34 billion against a year-earlier 19.3 billion and a mean forecast in an LSEG poll of analysts of 15.6 billion, on a sales drop of 12%. Volvo ...
    Sports - Yahoo Sports - October 18

  • Southwest Airlines profit tops estimates, company expects higher revenue in fourth quarter

    Southwest said travel demand remains healthy and it expects unit revenue for the fourth quarter to grow 3.5% to 5.5%.
    Business - CNBC - October 24

  • TSMC beats forecasts with 54% surge in profits on soaring AI demand

    Taiwan Semiconductor Manufacturing Co said its sales were boosted by strong demand from smartphone makers and artificial intelligence firms
    Business - MarketWatch - October 17

  • Equinor's Key Profit Measure Lags Forecasts on Lower Oil Prices and Volumes

    The Norwegian energy major reported a sharper-than-expected decline in underlying profit for the third quarter as a drop in oil prices and sales volumes offset resilient gas production.
    Business - The Wall Street Journal - October 24

  • American Airlines lifts 2024 profit forecast after sales strategy shift, posts third-quarter loss

    American Airlines raised its profit forecast for the year as CEO Robert Isom said the company's sales strategy shift earlier this year is paying off.
    Business - CNBC - October 24

  • UBS smashes forecasts with bumper profit, warns of volatility around U.S. elections

    The Swiss bank’s profits were boosted by the ongoing integration of wealth management accounts previously run by its main rival Credit Suisse
    Business - MarketWatch - October 30

  • Nintendo profit plunges 69% as it cuts forecast for sales of ageing Switch console

    Investors are waiting for news surrounding a successor to the Switch which they hope will re-energize Nintendo's gaming business.
    Business - CNBC - 23 hours ago

  • Nintendo cuts profit guidance on reduced Switch sales forecast

    Nintendo on Tuesday trimmed its sales and profit guidance for the March-ending fiscal year, citing reduced demand for the Nintendo Switch.
    Business - MarketWatch - Yesterday

  • Toyota Motor Cuts Sales Forecast After Quarterly Profit Halves

    The Japanese auto giant cut its annual forecast for group vehicle sales after its second-quarter profit more than halved due partly to weaker sales globally.
    Business - The Wall Street Journal - 9 hours ago

  • Russia's central bank raises key rate to 21% to rein in higher-than-forecast inflation

    Russia's central bank on Friday raised its key interest rate by 200 basis points to 21%, citing higher-than-forecast consumer price increases.
    Business - CNBC - October 25

  • Inflation is going higher, this market strategist says. Here’s his master ETF plan to profit from it.

    Hedgeye’s Keith McCullough is long gold, utilities, real estate and emerging markets ETFs.
    Business - MarketWatch - 3 days ago

  • BP beats forecasts despite seeing 31% drop in profits, to lowest since COVID-19

    BP’s profits were hit by lower oil prices and a slump in its refining margins, caused by a slowdown in demand for products including jet fuel, diesel and gasoline
    Business - MarketWatch - October 29

  • Standard Chartered lifts income guidance again after beating third-quarter profit forecasts

    The lender, which derives most of its revenue from Asia, saw pre-tax profit jump of 37% from the $1.32 billion posted a year ago.
    Business - CNBC - October 30
  • A glance at Ukraine's plan aimed at nudging Russia into talks to end the war

    A glance at Ukraine's plan aimed at nudging Russia into talks to end the war

    Ukraine’s President Volodymyr Zelenskyy has partially revealed his five-point plan aimed at prompting Russia to end the war through negotiations
    World - ABC News - October 16
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  • Ozempic Maker Novo
  • Maker Novo Nordisk
  • Novo Nordisk Nudges
  • Nordisk Nudges Higher
  • Nudges Higher Profit
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