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Asylum-seeking migrants walk in the Rio Grande river between the floating fence and the river bank as they look for an opening on a concertina wire fence to land on the U.S. soil in Eagle Pass, Texas, U.S. July 24, 2023. REUTERS/Go Nakamura/File Photo Acquire Licensing RightsDec 1 (Reuters) - Texas must remove a 1,000-foot-long (305-meter) floating barrier it placed in the Rio Grande river to deter migrants from illegally crossing the border with Mexico, a U.S. appeals court ruled on Friday in a victory for President Joe Biden's administration. Circuit Court of Appeals in a 2-1 decision declined a request by the Republican-governed state to reverse a federal judge's decision ordering it to move the string of buoys placed in the Rio Grande in July near Eagle Pass, Texas. Judge Don Willett, a Trump appointee, disagreed with his colleagues in the ruling that the portion of the Rio Grande where the buoys were placed was navigable. On Thursday, a federal judge rejected a bid by Texas to block federal immigration authorities from destroying the wire fencing.
Persons: Go Nakamura, Joe Biden's, David Ezra, Greg Abbott, Abbott, Biden, Don Willett, Willett, Donald Trump, Daniel Wiessner, Will Dunham, Alexia Garamfalvi Organizations: REUTERS, Circuit, Appeals, Republican, 5th Circuit, U.S . Army Corps of Engineers, Texas, Democrat, Trump, U.S . Justice, Thomson Locations: Rio Grande, Eagle Pass , Texas, U.S, Texas, Rio, Mexico, New Orleans, Eagle, , Texas, San Antonio, Albany , New York
[1/2] Migrants, most from Venezuela, stand near razor wire while surrendering to authorities after wading across the Rio Grande river into the United States from Mexico, in Eagle Pass, Texas, U.S. October 5, 2023. REUTERS/Adrees Latif/File Photo Acquire Licensing RightsNov 30 (Reuters) - A U.S. judge on Thursday rejected a bid by Texas to block federal immigration authorities from destroying razor wire fencing that the state placed along the border with Mexico to deter illegal border crossings. Moses denied the state's motion to block federal officials from destroying the wire fencing pending the outcome of the state's lawsuit filed in October. The judge last month had ordered the federal government to temporarily refrain from cutting or removing the razor wire while she considered the state's motion. A federal judge at the Biden administration's request in September ordered the 1,000-foot (305-meter) barrier removed, but an appeals court allowed it to remain in place temporarily while Paxton's office pursues an appeal.
Persons: Adrees Latif, Alia Moses, Biden, Moses, Ken Paxton, , ” Paxton, Greg Abbott, Daniel Wiessner, Alexia Garamfalvi, Bill Berkrot Organizations: REUTERS, U.S . Department of Justice, Republican, Texas National Guard, Lone Star, Republican Texas, Customs, Border Protection, Biden, Thomson Locations: Venezuela, Rio Grande, United States, Mexico, Eagle Pass , Texas, U.S, Texas, Del Rio , Texas, Rio, Albany , New York
Cramer's Lightning Round: 'Stay away' from Catalent
  + stars: | 2023-11-29 | by ( Julie Coleman | ) www.cnbc.com   time to read: +1 min
Stock Chart Icon Stock chart icon Vishay Intertechnology's year-to-date stock performance. Stock Chart Icon Stock chart icon Abbott Laboratories' year-to-date stock performance. Stock Chart Icon Stock chart icon Anheuser-Busch's year-to-date stock performance. Stock Chart Icon Stock chart icon Catalent's year-to-date stock performance. Stock Chart Icon Stock chart icon Moelis & Company's year-to-date stock performance.
Persons: Vishay, you've, Lads, Jim Cramer's Organizations: Abbott Laboratories, Anheuser, Moelis Locations: Catalent
Adelson, 78, is a medical doctor and widow of Sheldon Adelson, the billionaire founder and owner of Las Vegas Sands who died in 2021. Adelson and her family own the Las Vegas Sands and Las Vegas Review-Journal, Nevada’s largest newspaper. It's doubtful Adelson would try to move the Mavericks to Las Vegas, especially since Cuban will retain responsibility over basketball operations. “There’s no doubt that there’s enormous interest in this (Las Vegas) market,” Silver said at the time. Silver will also likely address the potential sale at the In-Season Tournament in Las Vegas when he speaks there during the Dec. 7-9 weekend.
Persons: — Mark Cuban, MIRIAM ADELSON, Adelson, Sheldon Adelson, Patrick Dumont, Israel Hayom, Benjamin Netanyahu, Donald Trump, Adam Silver, ” Silver, Greg Abbott, Tilman Fertitta, , Trump, , Silver, Tim Reynolds, Ken Ritter, Paul Weber, ___ Organizations: LAS VEGAS, Dallas Mavericks, WHO, Las Vegas Sands, Sands, Las Vegas, Nevada’s, Republican Party, Vegas Sands, Expo, Apollo Global Management, NFL Raiders, Raiders, Bank of America, Mavericks, Cuban, NBA, TEXAS, Texas Sands, GOP, Capitol, Republican Gov, Texas Legislature, Texas GOP, Republican, NBC, Governors, Pro Locations: Las Vegas, Las, U.S, Oakland , California, Vegas, Texas, Austin , Texas
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLightning Round: Vishay Intertechnology is a buy, 'way too cheap', says Jim Cramer'Mad Money' host Jim Cramer weighs in on stock including: Vishay Intertechnology, Abbott, Riot, Confluent and more.
Persons: Jim Cramer, Vishay Intertechnology Organizations: Abbott
Best TV Shows of 2023
  + stars: | 2023-11-29 | by ( James Poniewozik | Mike Hale | Margaret Lyons | ) www.nytimes.com   time to read: +1 min
James PoniewozikBest Shows of 2023TV in 2023 was like synchronized swimming. A number of hall-of-fame series left the air, with no clear plan of, as it were, succession. As usual, I made it a rule not to repeat shows from the previous year, and as usual, I broke that rule. Even if Peak TV is dead, Off-Peak TV should keep us plenty busy. Now “The Bear” has that pride of place (at least until “Abbott Elementary” makes it back on my list).
Persons: James Poniewozik, , whittle, , “ Abbott Organizations: Hulu
Portland Public Schools students missed 11 days of school before the district began its weeklong Thanksgiving break. “This contract is a watershed moment for Portland students, families, and educators” said Portland Teachers Association President Angela Bonilla. The Portland Association of Teachers, which represents more than 4,000 educators, said it was the first teachers strike in the school district. Portland Public Schools repeatedly said it didn’t have the money to meet the union’s demands. Oregon lawmakers approved in June a record $10.2 billion K-12 budget for the next two years, but school district representatives said that wasn’t enough.
Persons: , Guadalupe Guerrero, , Angela Bonilla, ABC's, , haven't Organizations: , Portland Public Schools, Portland, Portland Teachers, , Educators, Oregon Public Broadcasting, “ Abbott, Facebook, Portland Association of Teachers Locations: PORTLAND, Oregon
Medical device maker Medtronic raises fiscal 2024 profit view
  + stars: | 2023-11-21 | by ( ) www.reuters.com   time to read: +1 min
Medtronic Plc logo is seen displayed in this illustration taken, April 10, 2023. Medtronic joins medical device makers including Abbott Laboratories (ABT.N) and Boston Scientific(BSX.N) that have benefited from soaring demand for non-urgent surgeries. It now expects profit to be between $5.13 per share and $5.19 per share for the fiscal year 2024, above the range of $5.08 per share to $5.16 per share expected previously. On an adjusted basis, the Dublin-based company reported a profit of $1.25 per share for the second quarter, above analysts' average estimate of $1.18 per share, according to LSEG data. Reporting by Khushi Mandowara and Christy Santhosh in Bengaluru; Editing by Pooja DesaiOur Standards: The Thomson Reuters Trust Principles.
Persons: Dado Ruvic, Medtronic, Khushi Mandowara, Christy Santhosh, Pooja Desai Organizations: REUTERS, Abbott, Abbott Laboratories, Boston, Thomson Locations: Dublin, Bengaluru
These forms of deep brain stimulation require a surgical procedure during which electrodes — which generate electrical impulses to control any abnormal brain activity — are implanted into certain areas of the brain. With enough advancement in the field, doctors expect brain stimulation techniques for both severe disorders and health-and-wellness purposes will ultimately become noninvasive. Three major players There are only three companies with FDA-approved deep brain stimulation, or DBS, treatments: Medtronic , Abbott Laboratories and Boston Scientific . The spinal cord stimulation, or SCS, business is a hotbed of innovation right now, deep brain stimulation also is a key area." There is still plenty of doubt, however, about the efficacy of at-home brain stimulation devices, which offer a less direct approach to brain stimulation and don't always require FDA oversight.
Persons: , Bernstein, Lee Hambright, Hambright, Ali Rezai, Medtronic, Abbott, Rezai, Morningstar, Debbie Wang, Wang, Elon Musk, it's Elon Musk's, Casey Halpern, it's, Halpern, Taiwan's Organizations: Drug Administration, FDA, Abbott Laboratories, Boston, Rockefeller Neuroscience, West Virginia University, American Neuromodulation Society, Boston Scientific, DBS, FactSet, Neuroscience, BCI, University of Pennsylvania, TMS Locations: neuromodulation
John DavisDeals like Davis' have made Texas — America's oil capital for more than a century — the top producer of renewable energy in the US. The state has long generated the most wind power and is second only to California as a solar-energy producer. The high-stakes battle for Texas' energy future is a microcosm of how tricky America's green transition is shaping up to be, especially when politics are involved. Slowing down renewable energy could cost Texas in the long term, both economically and socially. The coalition seems to be growing stronger, even as Texas politicians shift further to the right on issues beyond renewable energy.
Persons: John Davis, Davis, Greg Abbott, Critics aren't, there's, George W, Bush, Rick Perry, Abbott, Winter Storm Uri, hasn't, it's, It's, Judd Messer, Madeline Gould Laughlin, Michael Looney, San Angelo Chamber of Commerce Brent Bennett, Bennett, Messer, That's, Enel's Laughlin, Enel, Sandhya Ganapathy, Catherine Boudreau Organizations: Menard, RES, Texas, Republican, Texans, Power Alliance, John Davis Texans, University of Texas, Winter Storm, ERCOT, Bloomberg, Texas Public Policy Foundation, Texas Energy Fund, Advance Power Alliance, San, San Angelo Chamber of Commerce, Chamber of Commerce, ExxonMobil, Chevron, West Texas Chamber of Commerce, Lone Star, EV Locations: North Dakota, Texas, America, Nowhere, Menard , Texas, Concho County , Texas, California, Menard, Austin, San Angelo, Midland , Texas
Trump is the current frontrunner for the Republican nomination to challenge Democratic President Joe Biden in the 2024 U.S. election. As he mounts his comeback bid, Trump has leveled attacks on prosecutors, court officials and others involved in the welter of criminal and civil cases he faces. The judge has forbidden Trump and his lawyers to criticize prosecutors, court staff and potential witnesses. BAN IN SEPARATE TRIAL LIFTEDA similar restriction in a separate civil business fraud case in New York was temporarily lifted by a state appeals court judge last week. Trump promptly resumed his attacks on a court clerk involved in the case.
Persons: Donald Trump, Greg Abbott, Go Nakamura, Donald Trump's, D, John Sauer, Trump's, Cornelia Pillard, Sauer, Cecil VanDevender, Trump, Joe Biden, Jack Smith, General Merrick Garland, Smith, Tanya Chutkan, Biden's, Mike Scarcella, Andy Sullivan, Will Dunham, Jonathan Oatis Organizations: Republican, Texas, REUTERS, Go, Rights, Trump, U.S ., Appeals, District of Columbia, Justice, Democratic, U.S, Biden, Thomson Locations: Edinburg , Texas, U.S, Washington, New York, Georgia
Republican presidential candidate and former U.S. President Donald Trump visits the southern border with Texas Governor Greg Abbott in Edinburg, Texas, U.S. November 19, 2023. REUTERS/Go Nakamura/File Photo Acquire Licensing RightsNov 19 (Reuters) - Former U.S. President Donald Trump congratulated libertarian Javier Milei, an outsider with radical views to fix the economy, on being elected president in Argentina on Sunday. "The whole world was watching! You will turn your Country around and truly Make Argentina Great Again!" Trump wrote on his Truth Social platformReporting by Costas Pitas; Editing by Muralikumar AnantharamanOur Standards: The Thomson Reuters Trust Principles.
Persons: Donald Trump, Greg Abbott, Go Nakamura, Javier Milei, Trump, Costas Pitas, Muralikumar Organizations: Texas, REUTERS, Former U.S, Thomson Locations: Edinburg , Texas, U.S, Former, Argentina
CNN —A weekend of ferocious political exchanges laid out the tumultuous reality of the 2024 White House campaign less than a year from Election Day. The fight for the GOP nomination is about far more than a horse race between candidates. Time is quickly ebbing for one of his distant Republican rivals to recast the race less than two months before voting begins. No lawyer, White House staffer, campaign adviser, political party or institution has ever been able to curb Trump’s impulses. “We are turning up the heat and brightening the spotlight on exactly what it would look like if he’s allowed back in the White House,” a Biden campaign official told CNN’s Arlette Saenz of Trump.
Persons: Donald Trump, Trump, Nikki Haley, Haley, , , Trump’s, it’s, America’s, Ron DeSantis, … Donald Trump, Biden, ” DeSantis, CNN’s Jake Tapper, Joe Biden, Father Time, DeSantis, John Walker, CNN’s Kit Maher, ” Walker, Mike Pence, Chris Christie –, Tanya Chutkan, Jack Smith, Arthur Engoron, , ” Trump, Xi Jinping, he’s, CNN’s Arlette Saenz, “ Trump, ” Biden, Greg Abbott Organizations: CNN, GOP, South Carolina Gov, White, Trump, United Nations, Florida Gov, University of New, , Union, Republican, New, New Jersey Gov, Biden, Lone Star State’s, US Locations: Iowa, University of New Hampshire, “ State, Florida, New Jersey, Washington, New York, China, San Francisco, America, Nazi Germany, Texas, United States
The image shows Abbott amongst a group of men, all posing with a platter of meat. In a statement to Reuters, Abbott said: “This is a very poor fake, either designed to insult the Mission, or attempted to embarrass me, or both. It is completely fake news.”The Palestinian diplomatic mission did not immediately respond to a Reuters request for comment. Reuters found no reports, social media posts or other visual content about Abbott making a visit to the mission. There is no evidence Diane Abbott visited the Palestine Mission with a platter of pork as a gift.
Persons: Diane Abbott, Abbott, “ Diane, , James O’Brien, O’Brien, ” O’Brien, Read Organizations: Reuters, Facebook, Computer Science, University of California, Thomson Locations: London, Palestine, Berkeley
[1/2] Former U.S. President Donald Trump shakes hands with Texas Governor Greg Abbott at a briefing on security at the U.S. southern border with Mexico in Weslaco, Texas, U.S. June 30, 2021. We need a president who's going to secure the border," Abbott said. "You're not going to have to worry about the border anymore, governor ... you're not going to have to worry about the border in Texas or Arizona or anywhere else." Since Biden took office in 2021, U.S. border agents have made more than 5 million arrests of migrants making irregular crossings - not through a controlled border station - over the U.S.-Mexico border. But he has struggled with record levels of migrants caught crossing the U.S.-Mexico border illegally.
Persons: Donald Trump, Greg Abbott, Brandon Bell, Republican Donald Trump, Trump, Joe Biden, Abbott, who's, Biden, David Morgan, Jasper Ward, Scott Malone, Bill Berkrot, Chris Reese Organizations: U.S, Texas, Republican, Democratic, Texas National Guard, Texas Department of Public Safety, Trump, Lone Star, Thomson Locations: U.S, Mexico, Weslaco , Texas, Edinburg , Texas, Biden's, United States, America, Texas, Arizona, Cuba, Haiti, Nicaragua, Venezuela, Mexican, Washington
GREENFIELD, Calif.—When Agustin Espinoza Jaramillo shuffles to the doctor who treats his prostate cancer, he says he thinks about the three decades he spent applying pesticides to the fields that surround this farming town. Jaramillo, 72 years old, long knew some pest-killing chemicals have been linked to health problems including cancer. Even so, his own diagnosis came as a surprise.
Persons: Agustin Espinoza Jaramillo shuffles Organizations: Locations: GREENFIELD, Calif, Jaramillo
I will stop the invasion on our southern border and begin largest domestic deportation operation in American history,” he said in Iowa Saturday. “If you empathize with radical Islamic terrorists and extremists, you’re disqualified," Trump says. “Before we defend the borders of foreign countries we must secure the border of our country," he said said. The border has also become a centerpiece of Abbott's agenda and the subject of an escalating fight with the Biden administration over immigration. A Marquette Law School poll of registered voters conducted in late September gave Trump a 24-point advantage over Biden on handling immigration and border security issues — 52% to 28%.
Persons: — Donald Trump, Trump, Greg Abbott, , Biden, , , you’re, — you’re, Abbott, Ken Paxton, Trump's, “ Donald Trump, ” Biden, Julie Chavez Rodriguez, ___ Colvin, Will Weissert Organizations: National Guard, Republican Gov, Trump, U.S, Supreme, Social, FBI, Drug, Administration, GOP, Democrat, Texas, Biden, Marquette Law School, Associated Press Locations: EDINBURG , Texas, U.S, Mexico, Edinburg , Texas, Iowa, North Korea, United States, Israel, COVID, Laredo , Texas, Rio Grande, bused, Texas, New York, Wilmington , Delaware
CNN —Former President Donald Trump is scheduled to give a speech Sunday in Texas near the US-Mexico border as he escalates his anti-immigrant rhetoric and campaigns on hard-line immigration policy proposals. The trip is being dubbed as an official state visit, and both Trump and Abbott are expected to discuss plans for curbing illegal immigration. This is an invasion,” Trump, who has made curtailing illegal immigration a cornerstone of his 2024 campaign, declared at a recent rally in Hialeah, Florida. Trump is planning a widespread expansion of his administration’s hard-line immigration policies that would restrict both legal and illegal immigration, should he be elected to a second term. The plans include rounding up undocumented immigrants already in the US and placing them in detention camps to await deportation.
Persons: Donald Trump, Greg Abbott, Trump, Abbott, Hannibal Lecter, “ There’s, ” Trump, Trump’s, , , He’s Organizations: CNN, Texas Gov, Trump Locations: Texas, Mexico, Hialeah , Florida, Israel
The cities say they buy tickets only for migrants who want to travel and they do not coerce people to leave. The vast majority were bus tickets, but Denver also purchased about 340 tickets for flights and 200 for train rides. Ewing gave a similar message regarding El Paso’s busing of migrants to Denver, saying the two cities have been in communication. New York City and Chicago also are limiting migrants' shelter stays. “We have other Democratic cities, Denver, California, L.A., sending their people to Chicago, New York.
Persons: Mario Russell, ” Russell, Staff Mary Krinock, we’re, ” Jon Ewing, , Yoli Casas, “ There’s, We’re, Russell, Jared Polis, Lori Lightfoot, Eric Adams, Polis, , Joe Biden, Chicago Mayor Brandon Johnson, Ewing, El, ” Ewing, ” El, Greg Abbott, Abbott, Andrew Mahaleris, Ron DeSantis, Maura Healey, ’ ” Alderman Anthony Beale, Sophia Tareen, ___ Organizations: DENVER, Democratic, Center for Migration Studies of New, Catholic Charities, Archdiocese of, Staff, Denver Human Service, Vive Wellness, Denver, Center for Migration Studies, Colorado Democratic Gov, Chicago, New York City, Washington , D.C, Chicago Mayor, Democrat, Texas Gov, Democratic Gov, Chicago City, Associated Press, America Statehouse News Initiative, America Locations: Denver, U.S, Mexico, El Paso , Texas, New York, Illinois, Texas, Florida, Center for Migration Studies of New York, Chicago, Venezuela, Archdiocese of Chicago, . Texas, New, Cities, Denver , New York, Houston, Los Angeles, Washington ,, ” El Paso's, Philadelphia, San Antonio, Massachusetts, New York City, Denver , California, L.A, Chicago , New York
Australia at the 2023 World Cup
  + stars: | 2023-11-14 | by ( ) www.reuters.com   time to read: +1 min
[1/2] Cricket - ICC Cricket World Cup 2023 - Semi-Final - Australia Practice - Eden Gardens, Kolkata, India - November 14, 2023 Australia's Steve Smith and Marnus Labuschagne during practice REUTERS/Andrew Boyers Acquire Licensing RightsNov 14 (Reuters) - Following are facts and figures about record five-time champions Australia, who face South Africa in the World Cup semi-finals on Thursday:World ranking: 2Captain: Pat CumminsCoach: Andrew McDonaldTop-ranked batsman: David Warner (5)Top-ranked bowler: Adam Zampa (3)Top scorer: David Warner (499 runs, fifth)Top wicket-taker: Adam Zampa (22 wickets, first)Best result: Champions (1987, 1999, 2003, 2007, 2015)2019 result: Lost to England in the semi-finalsSquad: Pat Cummins (captain), Steve Smith, Alex Carey, Josh Inglis, Sean Abbott, Cameron Green, Josh Hazlewood, Travis Head, Marnus Labuschagne, Mitch Marsh, Glenn Maxwell, Marcus Stoinis, David Warner, Adam Zampa, Mitchell StarcROAD TO SEMI-FINALSv India: lost by six wicketsv South Africa: lost by 134 runsv Sri Lanka: won by five wicketsv Pakistan: won by 62 runsv Netherlands: won by 309 runsv New Zealand: won by five runsv England: won by 33 runsv Afghanistan: won by three wicketsv Bangladesh: won by eight wicketsCompiled by Pearl Josephine Nazare in Bengaluru; Editing by Peter RutherfordOur Standards: The Thomson Reuters Trust Principles.
Persons: Steve Smith, Marnus, Andrew Boyers, Pat Cummins, Andrew McDonald Top, David Warner, Adam Zampa, Alex Carey, Josh Inglis, Sean Abbott, Cameron Green, Josh Hazlewood, Travis Head, Marnus Labuschagne, Mitch Marsh, Glenn Maxwell, Marcus Stoinis, Mitchell, Pearl Josephine Nazare, Peter Rutherford Organizations: Cricket, ICC Cricket, REUTERS, Australia, South, Sri Lanka, Pakistan, New Zealand, England, Bangladesh, Thomson Locations: Gardens, Kolkata, India, Africa, England, South Africa, Netherlands, Afghanistan, Bengaluru
AUSTIN, Texas (AP) — For two years, Texas has pushed boundaries on the U.S.-Mexico border: Busing migrants across America, jailing thousands for trespass and stringing razor wire along the Rio Grande. In a new challenge to the federal government's authority over immigration, Texas lawmakers on Tuesday night gave final approval to a bill that would allow police to arrest migrants who enter the country illegally and let local judges order them to leave the country. But the new law would empower all police in Texas — including officers hundreds of miles (kilometers) from the border — to arrest migrants suspected of illegally entering the country. TESTING IMMIGRATION AUTHORITYLegal experts and immigrant rights groups have railed against the Texas bill as a clear conflict with the U.S. government's authority to regulate immigration. TEXAS' MASSIVE BORDER OPERATIONIn his third term as Texas governor, Abbott has made increasingly aggressive measures on the Texas-Mexico border a centerpiece of his administration.
Persons: Greg Abbott, Joe Biden, David Spiller, Spiller, Steven McCraw, , McCraw, Victoria Neave Criado, “ That’s, Anthony Kennedy, State Sen, Brian Birdwell, ” Birdwell, Abbott Organizations: Republican Gov, Republican, Texas House, Texas Senate, Republicans, Texas Department of Public Safety, U.S, Democratic, Rep, State, Army, Pentagon, Texas Republicans, Border Locations: AUSTIN, Texas, Mexico, America, Rio Grande, U.S ., Arizona, lockstep, TEXAS, . Texas, Rio
These two hopeless loners are the only people in the bar in this Off Broadway revival of John Patrick Shanley’s “Danny and the Deep Blue Sea,” at the Lucille Lortel Theater. Though modest in scale, the show is one of the fall’s hottest thanks to its stars, Aubrey Plaza and Christopher Abbott. Shanley’s writing sometimes devolves into hard-boiled mannerisms, but it also has a sharp pugnaciousness. Similarly, Abbott and Plaza’s performances move beyond histrionics and gain confidence as their characters start letting themselves feel. When Danny and Roberta finally strike up a conversation, it immediately reveals their combustible approaches to life itself.
Persons: Danny, Roberta, Oates’s slinky, You’ve, John Patrick Shanley’s “ Danny, Lucille Lortel, Aubrey Plaza, Christopher Abbott, Plaza, Emily, Abbott, Allison Williams’s Locations: Bronx, , histrionics
A 0.25 mg injection pen of Novo Nordisk's weight-loss drug Wegovy is shown in this photo illustration in Oslo, Norway, September 1, 2023. To be sure, the full results presented on Saturday at a major medical meeting gave analysts even more confidence in the heart protective benefits of the hugely popular drug. That lifted shares of Penumbra (PEN.N), which makes devices used in surgeries for stroke patients, 13% in morning trading. Its shares have tumbled about 28% as of last close since Novo in August said Wegovy had also shown a clear cardiovascular benefit. "The full detailed results ... do not shift our outlook that MedTech device stocks appear broadly oversold," said Leerink analyst Mike Kratky.
Persons: Victoria Klesty, Wegovy, Baird, Jeff Johnson, Eli Lilly's, Mike Kratky, Leroy Leo, Medha Singh, Sriraj Organizations: REUTERS, Novo, Devices, Abbott Laboratories, Thomson Locations: Oslo, Norway, Victoria, MedTech, Penumbra, Novo, Friday's, Bengaluru
Eight of the 11 major S&P 500 sectors were in the red, with rate-sensitive real estate stocks (.SPLRCR) down 1.2% and leading declines. This week's economic data as well as speeches from Fed officials will provide clues on the trajectory of interest rates amid growing expectations that the Fed is done hiking borrowing costs. The major U.S. stock indexes have rebounded strongly this month, fueled by a stronger-than-expected earnings season and on hopes that U.S. interest rates are near their peak. The benchmark S&P 500 (.SPX) closed at near eight-week highs on Friday, while the tech-heavy Nasdaq (.IXIC) hit a two-month peak. The S&P index recorded 11 new 52-week highs and one new low, while the Nasdaq recorded 19 new highs and 82 new lows.
Persons: Brendan McDermid, Peter Cardillo, Cardillo, Mike Johnson, Abbott, advancers, Sruthi Shankar, Amruta, Maju Samuel Organizations: New York Stock Exchange, REUTERS, Boeing, Dow, Nasdaq, Federal Reserve, Treasury, Microsoft, Apple, Spartan Capital Securities, . House, Republican, Dow Jones, Novo Nordisk's, Bloomberg News, Max, NYSE, Thomson Locations: New York City, U.S, China, Bengaluru
LOS ANGELES (Reuters) - Hours before the Hollywood actors’ strike officially ended, Beth Goodnight’s phone began ringing with opportunity. Studio, after the SAG-AFTRA TV/Theatrical Committee approved a tentative agreement with the Alliance of Motion Picture and Television Producers (AMPTP) to bring an end to the 118-day actors strike, in Burbank, California,. Marvel Studios’ “Deadpool 3,” a high-priority project for Walt Disney, will most likely resume filming before Thanksgiving, after the actors’ strike shut down production in July. Most had been forbidden from promoting films and TV shows during the strike. Studios are eager to have actors promoting Oscar hopefuls such as Leonardo DiCaprio’s “Killers of the Flower Moon” and Bradley Cooper’s “Maestro.”“YES!!!
Persons: , Beth Goodnight’s, Mario Anzuoni, , , Sisyphus, Ridley, Walt Disney, Todd Garner, “ We’re, “ It’s, Pam Elyea, “ Oppenheimer, “ Abbott, Leonardo DiCaprio’s, Bradley Cooper’s “ Maestro, Kumail Nanjiani, Nanjiani Organizations: ANGELES, Reuters, Hollywood, Warner Bros ., SAG, Alliance, Television Producers, REUTERS, Marvel Studios, Disney, Producers, Hire, Broadcast, , ABC Studios, ABC, CBS, Sony Pictures Locations: Burbank , California, U.S, Hollywood, Malta, Coast of Australia
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