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Biogen tops estimates, raises profit guidance as Alzheimer's drug Leqembi gains traction

Leqembi, along with rare disease and depression treatments, helped offset a year-over-year decline in revenue for the company's multiple sclerosis products.
Business - CNBC - October 30
10-, 30-year Treasury yields drop again after GDP data opens door to Q4 slowdown

Yields on long-dated Treasurys closed lower on Wednesday after a weaker-than-expected reading on third-quarter U.S. economic growth gave way to the possibility of another slowdown in the final ...
Business - MarketWatch - October 30
Samsung falls short of expectations as chipmaker fails to reap AI benefits

Third-quarter operating profit far lower than analyst consensus and trails domestic rival SK Hynix
World - Financial Times - October 31
Donald Trump and the autocrats' playbook

‘This is a man who should be nowhere near power’
World - Financial Times - October 31
Bank of Japan holds rates but signals normalisation still on track

Political uncertainty following election upset raises risks of abrupt policy shifts, warn analysts
World - Financial Times - October 31
Making sense of sentiment

And Trump equity trades
World - Financial Times - October 31
Stellantis hit by sales slide in US and Europe

Fiat, Jeep and Peugeot owner suffers 27% drop in third-quarter sales but signals improvement to US inventory
World - Financial Times - October 31
Merck tops earnings estimates on strong demand for Keytruda, new drugs even as HPV vaccine sales fall

The company saw strong sales from its top-selling cancer drug Keytruda, recently launched treatments and its animal health business.
Business - CNBC - October 31
Bristol Myers Squibb tops earnings estimates and hikes outlook, helped by Eliquis and new drugs

The pharmaceutical giant also raised its full-year revenue forecast to an increase of roughly 5%.
Business - CNBC - October 31
Peloton’s stock soars 30% after company names Apple Fitness+ co-founder as new CEO

Peloton announced the appointment of Peter Stern as new CEO effective Jan. 1. Stern is the co-founder of Apple Fitness+ and has done stints at Ford Motor Co. and Time Warner Cable.
Business - MarketWatch - October 31
Yum Brands earnings miss estimates as KFC, Pizza Hut report same-store sales declines

KFC and Pizza Hut both reported steeper-than-expected declines in their same-store sales.
Business - CNBC - 3 days ago
Yum Brands’ earnings fall short of estimates as Pizza Hut parent says consumers are still pressured

Only Taco Bell managed same-store sales gains.
Business - MarketWatch - 3 days ago
Toyota posts nearly 20% drop in second-quarter operating profit, missing estimates

Despite the lower takings, Toyota had raised its interim and full year dividend forecast
Business - CNBC - 2 days ago
Maurizio Cattelan’s duct-taped ‘banana’ artwork estimated to fetch up to US$1.5m at New York auction

The viral artwork, involving a banana stuck to a wall, is once again in the spotlight, as Sotheby’s prepares to auction it for an eye-watering sum. Italian artist Maurizio Cattelan ’s notorious ...
World - The Guardian - Yesterday

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