Magdalena Wygralak GSK plc ( GSK ) Wednesday said that China has approved its drug Exdensur (depemokimab) as an additional treatment for adults with chronic sinus inflammation and nasal polyps who haven’t found relief from standard steroid treatments or surgery. The stock was up 1.3% in London. This comes after China recently approved Exdensur for severe asthma in adults and teens aged 12 and olde...
Magdalena Wygralak GSK plc ( GSK ) Wednesday said that China has approved its drug Exdensur (depemokimab) as an additional treatment for adults with chronic sinus inflammation and nasal polyps who haven’t found relief from standard steroid treatments or surgery. The stock was up 1.3% in London. This comes after China recently approved Exdensur for severe asthma in adults and teens aged 12 and older, further expanding GSK’s ( GSK ) presence in respiratory care in the Chinese market. The approval is based on ANCHOR trials showing clinically meaningful and statistically significant improvements in nasal polyp size and nasal obstruction. More on GSK GSK: Chinese Expansion And Fine Financials GSK plc (GSK) Presents at Goldman Sachs 9th Annual Biopharma Innovation Summit Transcript GSK Expanding Fast - Oncology, HIV, And Smart Acquisitions UK reaches agreement with US for British drugs to be tariff free Former CDC advisor says White House pulling back on vaccine policy
BYD has been added to Brazil's "dirty list" for alleged labour violations linked to a factory construction project. The listing exposes BYD to reputational and operational scrutiny in one of its important international markets. The development may influence how lenders, partners, and ESG focused investors assess the company. BYD (SEHK:1211), trading at HK$103.9, is facing fresh attention after bei...
BYD has been added to Brazil's "dirty list" for alleged labour violations linked to a factory construction project. The listing exposes BYD to reputational and operational scrutiny in one of its important international markets. The development may influence how lenders, partners, and ESG focused investors assess the company. BYD (SEHK:1211), trading at HK$103.9, is facing fresh attention after being linked to alleged labour issues in Brazil. The company has delivered a 44.4% return over 3...
bo feng/iStock via Getty Images CVS Health Overview CVS Health's stock ( CVS ) was in turmoil upon my last check following the CMS's "flat" proposal change for 2027. In January, the CMS issued an Advance Notice that proposed a near-flat 0.09% net average Medicare Advantage, or MA, payment increase for 2027. Given rising medical costs/claims, this was a disastrous proposal for MA-associated compani...
bo feng/iStock via Getty Images CVS Health Overview CVS Health's stock ( CVS ) was in turmoil upon my last check following the CMS's "flat" proposal change for 2027. In January, the CMS issued an Advance Notice that proposed a near-flat 0.09% net average Medicare Advantage, or MA, payment increase for 2027. Given rising medical costs/claims, this was a disastrous proposal for MA-associated companies. Fortunately for CVS, as you can see for yourself when driving past some street corners, its business is diversified (i.e., its high-margin Pharmacy & Consumer Wellness segments), its stock isn't "expensive," and CVS's dividend yield offers solace for income-focused investors. Things have since brightened after it was announced that the Trump administration "will increase average MA payments by 2.48%, or more than $13B, in 2027." Below, I revisit CVS (in spirit) to see how the payment change impacts its business. Recent Developments The 2.48% is "bittersweet" because it still falls below the 5.06% finalized for 2026. But, as my mother used to tell me as a child, "It's better than nothing!" Before I go any further, it's important to contextualize CVS's dependence on Medicare-related businesses (via its Aetna/Health Care Benefits segment). CVS generated $402.1B in total enterprise revenue last year (up 7.8% YoY). Government premiums (predominantly from MA + Part D) made up $103.4B of that, or ~26% of total company revenue. This also represents 72% of CVS's Health Care Benefits segment ($143.4B total revenue). So, while this is, for sure, a material amount, it is a moderate exposure compared to "pure-play" MA insurers. All together, CVS's Health Care Benefits segment generated $2.9B in adjusted operating income in 2025. So, how exactly do rate changes impact the full causal chain? Author Estimates The table above assumes stable membership, a rate applied to the full government block, and flat medical costs. The CMS payment rate is added directly to the denominator (premium ...
Markets now forecast one rate rise this year, down from two on Tuesday, although mortgage rates may not fall quickly Business live – latest updates City traders have cut their forecasts for UK interest rate rises this year, after the US and Iran agreed a two-week ceasefire . The money markets are now fully pricing in only one rise in UK interest rates by December, which would take the Bank of Engl...
Markets now forecast one rate rise this year, down from two on Tuesday, although mortgage rates may not fall quickly Business live – latest updates City traders have cut their forecasts for UK interest rate rises this year, after the US and Iran agreed a two-week ceasefire . The money markets are now fully pricing in only one rise in UK interest rates by December, which would take the Bank of England’s base rate back up to 4%. On Tuesday, two rate rises were fully priced in, as Donald Trump threatened that a “ whole civilisation will die ” unless Tehran complied with his demands to reopen the strait of Hormuz. Continue reading...
United Microelectronics ( UMC ) reported March revenue of NT$20.83M, up 4.89% Y/Y YTD, the Taiwan-based semiconductor company's total revenue reached NT$61.04M, reflecting a 5.49% Y/Y jump. The stock price moved ~4% higher to $9.31 on Wednesday during pre-market trade. More on United Microelectronics United Microelectronics: A Clash Of Expectations And Reality; Reality Wins (Rating Upgrade) United...
United Microelectronics ( UMC ) reported March revenue of NT$20.83M, up 4.89% Y/Y YTD, the Taiwan-based semiconductor company's total revenue reached NT$61.04M, reflecting a 5.49% Y/Y jump. The stock price moved ~4% higher to $9.31 on Wednesday during pre-market trade. More on United Microelectronics United Microelectronics: A Clash Of Expectations And Reality; Reality Wins (Rating Upgrade) United Microelectronics Corporation 2025 Q4 - Results - Earnings Call Presentation United Microelectronics Corporation (UMC) Q4 2025 Earnings Call Transcript UMC appoints new CEO, scraps its co-president model in new leadership strategy United Microelectronics falls amid mixed Q4 results
Key PointsUpward revisions to forward earnings forecasts often drive share price appreciation, and analysts have revised estimates for Palantir and Micron much higher in recent weeks.
Key PointsUpward revisions to forward earnings forecasts often drive share price appreciation, and analysts have revised estimates for Palantir and Micron much higher in recent weeks.
A just-in-time ceasefire in the Iran war. A relief rally in global markets. An abatement of the pressure on oil prices . These were the headlines today, but more than anything, I hope this also means fewer lives are lost in the Middle East, where too many already have perished. The US and Iran agreed to a two-week ceasefire in exchange for Tehran reopening the Strait of Hormuz, a last-ditch deal t...
A just-in-time ceasefire in the Iran war. A relief rally in global markets. An abatement of the pressure on oil prices . These were the headlines today, but more than anything, I hope this also means fewer lives are lost in the Middle East, where too many already have perished. The US and Iran agreed to a two-week ceasefire in exchange for Tehran reopening the Strait of Hormuz, a last-ditch deal that averted President Donald Trump’s threatened escalation of the war. Trump announced the agreement on social media Tuesday, hours after mediator Pakistan implored him to back off his deadline to unleash massive devastation on Iran if it didn’t meet his demands. The deal buys time for the two sides to reach a longer agreement to end the six-week conflict, which has killed thousands of people and sparked a global energy crisis. Israel has also agreed to the ceasefire, according to a White House official. Some Arab states in the Persian Gulf reported continued attacks by Iran in the immediate aftermath of Trump’s announcement, leaving uncertainty over when the truce would take effect. Both the US and Iran are portraying the ceasefire as a “victory,” but significant differences remain between their demands to bring the war to a complete end , according to Mona Yacoubian, a senior adviser with the Middle East Program at the Center for Strategic and International Studies. Former US intelligence adviser Michael Pregent says the ceasefire is “fragile” and that both sides’ proposals are a starting framework for further talks. Those in the Middle East facing the threat of physical harm every day will be hoping this ceasefire leads to something conclusive, and soon. Keep track of the twists and turns — and the global fallout — of the war with Iran here . Watch all our interviews and reactions on video here . What You Need to Know Today How this ceasefire came about is worth noting . As Trump’s deadline approached for Iran to reach a ceasefire or face “all hell,” Pakistan emerged as ...
Photo: VCG China increased its gold reserves in March, marking its largest monthly purchase in more than a year as prices declined. The country added 160,000 ounces of bullion, extending its buying streak to 17 consecutive months and lifting total holdings to 74.38 million ounces, data from the State Administration of Foreign Exchange (SAFE) showed Tuesday. The increase came as gold prices dropped...
Photo: VCG China increased its gold reserves in March, marking its largest monthly purchase in more than a year as prices declined. The country added 160,000 ounces of bullion, extending its buying streak to 17 consecutive months and lifting total holdings to 74.38 million ounces, data from the State Administration of Foreign Exchange (SAFE) showed Tuesday. The increase came as gold prices dropped amid volatility linked to the U.S.-Iran conflict. London spot gold fell nearly 12% in March.
Humana (HUM) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.
Humana (HUM) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.