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☆ These stocks have the most at risk as patients on Ozempic eat less, according to Morgan Stanley
▼ + stars: | 2023-11-23 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +3 min

The use of weight-loss drugs such as Ozempic is poised to change consumer consumption patterns, but not every food-related company will get hit in the same way, according to Morgan Stanley. Fast food restaurants were especially vulnerable. "Shoppers with obesity spend more at large fast food brands and, on a relative basis, less at fast casual restaurants and casual diners," Morgan Stanley said. One stock that is closer to a risky pure play is McDonald's , which is second highest on the list, according to the Morgan Stanley research. Low cost retailers like Walmart and snack and beverage companies like Pepsico are also exposed, according to the Morgan Stanley research.

Persons: Morgan Stanley, Eli Lilly, Pamela Kaufman, Kaufman, Tim Hortons, Burger, Taco Bell, — CNBC's Michael Bloom Organizations: Novo Nordisk, Denmark's Novo Nordisk, Restaurant Brands, Yum Brands, Walmart, Pepsico Locations: U.S

☆ Ozempic maker plans manufacturing blitz as market for the drug is expected to top $100 billion in 2030
▼ + stars: | 2023-11-23 | by ( Jake Swearingen | ) www.businessinsider.com time to read: +2 min

Novo Nordisk makes Ozempic and Wegovy, two hit drugs that treat obesity. In the past two weeks, it's announced more than $8 billion in manufacturing investments. AdvertisementNovo Nordisk, maker of the popular anti-obesity drugs Ozempic and Wegovy, is investing billions to ramp up production capacity amid surging demand. The move comes just after Novo Nordisk unveiled plans to shell out over $6 billion to expand manufacturing capacity in Denmark. That money will go toward increasing production capacity for semaglutide, the key ingredient in Ozempic and related medications.

Persons: it's, —, Ozempic, Emmanuel Macron, Eli Lilly, David Ricks, Lilly, Goldman Sachs Organizations: Novo Nordisk, Service Locations: France, Chartres, Denmark, Europe, Novo

Handout via REUTERS/File photo Acquire Licensing RightsSummaryCompanies Ozempic shortages expected throughout 2024Victoza shortages expected until at least Q2 2024Diabetes drug Ozempic used 'off label' to treat obesityNov 21 (Reuters) - Novo Nordisk (NOVOb.CO) will ration starter kits of Ozempic in Europe and reduce supplies of another diabetes drug, Victoza, to prioritise producing Ozempic, which has seen a surge in demand from people using it to lose weight. Ozempic contains semaglutide, an ingredient in Novo's hugely popular anti-obesity drug Wegovy. Intermittent Ozempic shortages are expected throughout 2024, while Victoza shortages are expected at least until the second quarter of 2024, according to the statement on the EMA's website. "No new patients should be started on Victoza until at least Q2 2024 when supply is expected to normalise," Novo urged doctors in the document. It also told doctors to consider other injectable GLP-1 drugs or "other suitable alternatives" where Ozempic or Victoza are not available for patients.

Persons: Ozempic, hasn't, Novo, Eli Lilly's, tirzepatide, Ludwig Burger, Eva Mathews, Emelia Sithole, Mark Potter Organizations: Handout, REUTERS, Diabetes, Novo Nordisk, European Medicines Agency, EU, Thomson Locations: Novo, London, Britain, Europe, Danish, United States, France, Austria, Belgium, Germany, Wegovy, Norway, Denmark, EU

REUTERS/George Frey/File Photo Acquire Licensing RightsNov 21 (Reuters) - Tema ETFs has launched a new exchange traded fund (ETF) that tracks popular drugmakers like Novo Nordisk (NOVOb.CO) and Eli Lilly (LLY.N), aiming to tap into growing demand for their weight-loss and diabetes drugs. The Tema Cardiovascular & Metabolic ETF (HRTS.O) invests in companies tackling diabetes, obesity and cardiovascular diseases, according to the New York-headquartered platform's website. The advances of the class of weight-loss and diabetes therapies known as GLP-1 receptor agonists, are only the tip of the iceberg, said David K. Song, investment partner and head of life sciences at Tema ETFs. The Tema fund has a net expense ratio of 0.75%. Reporting by Bansari Mayur Kamdar in Bengaluru; Editing by Emelia Sithole-MatariseOur Standards: The Thomson Reuters Trust Principles.

Persons: Lilly, George Frey, Eli Lilly, Mounjaro, David K, Morgan Stanley, Bansari Mayur, Emelia Sithole Organizations: Novo Nordisk, Pharmacy, REUTERS, Metabolic, Morgan Stanley Research, VanEck Pharmaceutical, Thomson Locations: Provo , Utah, U.S, Tema, Novo, New York, Bengaluru

☆ Netanyahu asks Israeli government to back Hamas hostage deal
▼ + stars: | 2023-11-21 | by ( Maayan Lubell | ) www.reuters.com time to read: +5 min

A U.S. official had said the deal will include a four- or five-day ceasefire, the first pause in six weeks of an Israeli bombardment of Gaza. Hamas took about 240 hostages, including children and elderly people, during its rampage into Israel that killed 1,200 people, according to Israel's tally. Relatives of the Israeli hostages and supporters had marched by the thousands along the highway from Tel Aviv to Jerusalem to pressure the government to secure the captives' release. An Israel Prison Service spokesperson said they were not aware of a deal to release Palestinian prisoners. Hamas has to date released only four captives: U.S. citizens Judith Raanan, 59, and her daughter, Natalie Raanan, 17, on Oct. 20, citing "humanitarian reasons," and Israeli women Nurit Cooper, 79, and Yocheved Lifshitz, 85, on Oct. 23.

Persons: Benjamin Netanyahu, Yoav Gallant, Benny Gantz, Netanyahu, Joe Biden, Daniel Hagari, Ishay, Reuma, Tarshansky, Zvika, Omer Wenkert, Itzhaki, Qadura, Judith Raanan, Natalie Raanan, Nurit Cooper, Yocheved Lifshitz, Maayan Lubell, Rami Amichay, Eli Berlzon, Henriette Chacar, Steve Holland, Jonathan Landay, Steven Scheer, Howard Goller Organizations: Rights, U.S, Hamas, Qatar, Defence Ministry, Prisoners ' Affairs, Palestinian Authority, Reuters, Israel Prison Service, Thomson Locations: Tel Aviv, Israel, ABIR, Gaza, Jerusalem, Gali, Kibbutz Beeri, Ramallah

☆ Disney used to own the Thanksgiving box office. 'Wish' is trying to win it back
▼ + stars: | 2023-11-21 | by ( Sarah Whitten | ) www.cnbc.com time to read: +4 min

However, in the wake of the Covid pandemic, the box office has struggled to regain its foothold on the Thanksgiving holiday. "Thanksgiving films in this movie marketplace must rely more heavily on December moviegoing to determine their ultimate box office fate." Box office analysts often disregard 2020's $21.4 million Thanksgiving haul, as few theaters were open and there were few films to watch. Not to mention, box office expectations have not been particularly accurate this year. Trouble in the Magic Kingdom"Wish" has a lot riding on its opening weekend, as Disney looks to rebound from a slew of box office letdowns.

Persons: Ariana DeBose, Asha, Paul Dergarabedian, moviegoing, Ralph, Coco, TriStar's Eli Roth, Napoleon, Taylor, Shawn Robbins, Mario Organizations: Disney, BoxOffice.com, Mario Bros, Sony

☆ GLOBALT Investments' Keith Buchanan on his top stock picks: WMT, LLY, JPM
▼ + stars: | 2023-11-21 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGLOBALT Investments' Keith Buchanan on his top stock picks: WMT, LLY, JPMKeith Buchanan, GLOBALT Investments senior portfolio manager, joins 'Squawk Box' to discuss his top stock picks, including Walmart, Eli Lilly, and JPMorgan Chase.

Persons: Keith Buchanan, JPM Keith Buchanan, Eli Lilly Organizations: GLOBALT Investments, Walmart, JPMorgan Chase

More than a quarter of the community of 400 people in Nir Oz were either killed or kidnapped, residents say, making it one of the worst affected kibbutzim. RPG on houses, grenades on civilians.”The Barr family were lucky to have a safe room which locked from the inside. Yonathan and Uri Barr's house, safe room where they hid with lock on door. “(Uri) was crying in the safe room because of that.”The family with whom Yoav was staying also survived in their safe room, and the Barrs were reunited later that day, after the Israeli military arrived. “I don’t think we can go back to Nir Oz because what we’ve been through is horror,” Yonathan Barr said.

Persons: ”, Jonathan Dekel, Chen, Nir, “ It’s, Sagui, Sagui Dekel, Rebecca Wright, Dekel, ” Dekel, Israel, Nir Oz, Uri Barr doesn’t, Yonathan Barr, Uri, ” Uri, Noam, Dad, Yonathan, “, ” Yonathan, Barr, Uri Barr's, Yoav, Eitan, Uri Barr, Yonathan Barr Nir Adar, ” Adar, Adar, Rani, Tamir, he’ll, “ I’m, Nir Adar, Nir Adar ‘, what’s, Jake Sullivan, we’ve Organizations: Israel CNN —, CNN, Hamas, White, National Locations: Eilat, Israel, Iran, Yemen, ”, Red, Syria, Gaza, Jordan, Aqaba, Uri, “, Eden, Connecticut, United States

☆ Just a handful of stocks led the market in 2023. Here's why we still own 35
▼ + stars: | 2023-11-21 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

The stock market this year has been led by just a handful of the biggest and best tech companies. Just look at the S & P 500 market-cap weighted index, which is viewed as a barometer of the overall stock market. Compare that to the much smaller 3% year-to-date increase in the S & P 500 equal-weight index, which treats each company's stocks the same regardless of market value. It's hard to turn off the monitors and wait for your seven stocks to come back after a terrible year. On top of all that, how many experts really knew heading into 2023 that these were the seven names to back the truck up for?

Persons: Jim Cramer, Eli Lilly, Stanley Black, Decker, That's, Morgan Stanley, Will Disney, Bob Iger, Jim Cramer's, Jim, Brendan Mcdermid Organizations: Apple, Microsoft, Nvidia, Honeywell, Linde, LIN, Palo Alto Networks, Oracle, GE Healthcare, Broadcom, Caterpillar, Constellation Brands, Jim Cramer's Charitable, CNBC, Traders, New York Stock Exchange Locations: China, Ukraine, Palo, Eaton, New York City, U.S

Amazon founder Jeff Bezos' fund to support homeless families announced $117 million in new grants on Tuesday to organizations across the U.S. and Puerto Rico, which is a part of a $2 billion commitment Bezos made in 2018 to support homeless families and to run free preschools. That brings the amount granted by the Bezos Day 1 Families Fund to benefit homeless families to almost $640 million. The Salvation Army of Greater Charlotte received a second grant this year after first being awarded $5 million by the fund in 2018. The Bezos Day 1 Families Fund did not give a timeframe for when the pledged $2 billion would be distributed or what portion would go to homeless families. Last year, Bezos gave away $122.2 million and has pledged around $12.8 billion in charitable donations, according to The Chronicle of Philanthropy.

Persons: Jeff Bezos, Bezos, Lauren Sánchez, Deronda Metz, ” Metz, Amanda Andere, “, can’t, Andere, Sánchez, Jacklyn Bezos, Miguel, Fred, Dolly Parton, José Andrés, Van Jones Organizations: Fund, Salvation Army, Greater Charlotte, Girls, Urban Institute, National Coalition for, Homeless, Housing, Urban Development, Amazon, CNN, Fred Hutchinson Cancer Center, Associated, Lilly Endowment Inc, AP Locations: Puerto Rico, Seattle, Maui

The founder of a far-right, unofficial Catholic media group has resigned for an unspecified violation of the organization's morality clause, the group said in a statement Tuesday. Michael Voris stepped down as president of St. Michael’s Media and Church Militant, a Michigan-based enterprise established to address what Voris’ official biography calls “the serious erosion of the Catholic faith in the last 50 years." “Michael Voris has been asked to resign for breaching the Church Militant morality clause,” the organization said in its statement. “I consider this a gift from God.”Church Militant is often critical of Pope Francis, and has elevated extremist voices like those of Milo Yiannopoulos and echoed popular refrains from mainstream conservatives. In 2017, a confidant of Pope Francis singled out Church Militant for criticism.

Persons: Michael Voris, Voris, “ Michael Voris, ”, “, Pope Francis, Milo Yiannopoulos, Joseph Strickland —, Antonio Spadaro, Donald Trump’s, ” Voris, Spadaro Organizations: Catholic, St, Michael’s Media, Church Militant, Associated Press, Militant, Archdiocese, AP, U.S . Conference of Catholic Bishops, Capitol, Lilly Endowment Inc Locations: Michigan, Detroit, Texas, Baltimore

Analysts attended earnings calls in the third quarter armed with questions for healthcare and consumer companies about the potential effect on their sales from the growing popularity of these drugs, known as GLP-1 agonists. A Reuters analysis of earnings transcripts for the third quarter showed "GLP-1" or alternatives like "obesity" or "weight-loss medications" were mentioned 256 times across 29 U.S. and European healthcare and consumer companies. That's more than double the mentions for the second quarter, when those phrases came up 127 times. While some consumer companies have talked about factors such as fewer calories being consumed, "these kind of large extrapolations" seem to be a bit of a stretch, said BMO Capital analyst Evan Seigerman. For big pharma manufacturers like Pfizer (PFE.N) and Amgen (AMGN.O), analyst questions were aimed at their obesity drug candidates.

Persons: Lilly, George Frey, Jeff Jonas, it's, Eli Lilly's, John Furner, Mondelez, Eli Lilly, Evan Seigerman, LVMH, Rajesh Kumar, Jonas, Bhanvi Satija, Savyata Mishra, Arpan Varghese, David Gaffen, Shounak Organizations: Novo Nordisk, Pharmacy, REUTERS, Gabelli, Novo, Walmart, Walmart U.S, Hershey, Truist Securities, Krispy, BMO Capital, Danish, pharma, Pfizer, Devices, HSBC, Thomson Locations: Provo , Utah, U.S, United States, Novo, Bengaluru

☆ Opinion: Why Biden won’t do more to restrain Netanyahu
▼ + stars: | 2023-11-20 | by ( Opinion Aaron David Miller | ) edition.cnn.com time to read: +53 min

Mahmud Hams/AFP/Getty Images Israeli soldiers form an honor guard at the funeral of Israeli reserve soldier Master Sgt. Mustafa Hassona/Anadolu/Getty Images Palestinians flee to southern Gaza on Salah al-Din Street in Bureij, Gaza, on November 10. Ronen Zvulun/Reuters A woman carries a white flag as Palestinians flee from Gaza City to the south on November 7. Ronen Zvulun/Reuters A woman mourns over a dead man at the Al-Aqsa Martyrs Hospital in Gaza City on October 18. Yousef Masoud/The New York Times A morgue worker arranges body bags at al-Shifa hospital in Gaza City on October 12.

Persons: Aaron David Miller, ” Miller, I’ve, Joe Biden, Netanyahu, Aaron David Miller Israel, Israel —, Biden, Ashraf Amra, Ahmad Gharabli, Mohammed Abed, Ohad, Rizek Abdeljawad, Major Jamal Abbas, Shir Torem, Fatima Shbair, Alexi J . Rosenfeld, Abed Rahim Khatib, Khan, Christopher Furlong, Hatem Ali, Avraham Fetena, Mostafa Alkharouf, Mahmud Hams, Sgt, Raz Abulafia, Ariel Schalit, Fadel Senna, Nasser, Mohammed Salem, Matan Meir, Amir Levy, Haitham Imad, Roni Eshel, Eshel, Kenzo Tribouillard, Benjamin Netanyahu, Sadi Berek, Mustafa Hassona, Salah al, Jack Guez, Varda Goldstein, Nir Oz, Bernat, Abed Zagout, Tomer Appelbaum, Mohammad Abu Elsebah, Khaled Ibn Al, Walid, Khan Younis, Ya'akov Ozeri, Ronen Zvulun, Mohammed Dahman, Ahmad Hasaballah, Leo Correa, Amir Cohen, Mohammed Alaloul, Majdi, Neil Hall, Saeed Jaras, Mohammad Abu Hattab, Mohammed Talatene, Ditza Heiman, Salman Habaka, Ibraheem Abu Mustafa, Yuval Zilber, Jalaa Merey, Ahmad Salem, Ali Jadallah, Atef Safadi, Anas al, Yosef Vahav, Kiryat Shmona, Jalaa Marey, Albert Miles, Ilan Rosenberg, Manna, Tamar Chaya Torpiashvili, Abed Khaled, Tamir Kalifa, Yoav Gallant, Ammar Awad, Jehad Al, Kafarnah, Teddy, Dan Kitwood, Dima Vazinovich, Sagiv Ben Zvi, Evelyn Hockstein, Omar El, Yasser Qudih, Tsafrir, Francisco Seco, Mohammed Saber, Ali Mohmoud, Mai Yaghi, Yam Goldstein, Nadav, Khaled Joudeh, Samar Abu, Leon Neal, Hatem Moussa, Wolfgang Schwan, Yousef Masoud, Shadi Tabatibi, Belal al Sabbagh, Janis Laizans, Gallant, Ofir Libstein, Aza, Belal Khaled, Hod, Ayal Margolin, Antony Blinken, Brendan Smialowski, Kenny Holston, Kfar Aza, Ilia Yefimovich, Mahmoud Khaled, Dor Reder, Violeta Santos Moura, Mohammed Fayq Abu Mostafa, Antonio Macías, Macías, Eli Albag, Liri, Sergey Ponomarev, Dor Kedmi, Saher, Abraham Cohen, Valentin Ghnassia, Ghnassia, Yuri Cortez, Ibrahim Hams, Bashar Taleb, Baz Ratner, Yahya Hassouna, Mapal Adam, Agha, Reuters Itzik, Miriam Shafir, Dor Shafir, Savion Kiper, Maya Alleruzzo, CNN Sergey Ponomarev, Eden Guez, Mohammed Soboh, Said, Noam Elimeleh Rothenberg, Ilai Bar Sade, Erik Marmor, Oren Ziv, Ramez Mahmoud, Roi Levy, Alleruzzo, Tali Touito, Oded, Ahmad Hasballah, Eyad Baba, Itai Ron, Hadas Parush, Biden —, —, Barack Obama, hasn’t, ’, Israel isn’t, craven, It’s Organizations: Carnegie Endowment, International Peace, Democratic, Republican, CNN, Israel, Israel Defense Forces, Hamas, Democratic Party, Department of State, Senior, UN, US, Washington Post, Al, Aqsa Martyrs Hospital, Getty, Unicef, Reuters, AP, Anadolu, AP Journalists, Israeli, Modern, Nasser Hospital, Tel, Nasser Medical, Najjar, Israel Defence Forces handout, Shutterstock, Reuters United Nations, Shifa, Palestine, Pictures, Bloomberg, Israeli Apache, United Nations Relief, Works Agency, Al Aqsa Martyrs Hospital, Palestinian, IDF, EyePress, New York Times, Getty Images, Nasser Medical Hospital, Deir Al, Tel Aviv University, Reuters Civil, AP Rockets, AP Israel's, Regional, Israel's, Ahli Baptist Hospital, Ben Gurion International, Aris Messinis, Haim, Puma, Mount, Mount Herzl Military, Nova, Anadolu Agency, Nova Festival, Ben Gurion, West Bank, Rockets, United Nations, Reuters Police, Reuters Rockets, America, Senate, Washington, Twitter Locations: East, Israel, Gaza, Biden’s Washington, Washington, Al, Aqsa, Al Bureij, Deir Al Balah, Anadolu, Tel Aviv, AFP, Rafah, Xinhua, Pekiin, Khan Younis, Mavki'im, Jerusalem, Haifa, Sderot, Beit Hashmonai, Europe, Israeli, Rishpon, Odem, Gaza's Al, Gaza City, Kfar Saba, Deir Al, Balah, Bureij, Kfar Aza, Palestinian, Khan, Meron, Jerusalem's, City, Jerusalem's Old City, Deir Balah, Mahmud, Southern Israel, Ashkelon, Yanuh Jat, Netaim, Golan Heights, Lebanon, Egypt, Shareef, Beit Guvrin, Reuters Israeli, Kiryat, Al Aqsa, Kibbutz Be'eri, Ashdod, Holon, Najjar, Ichilov, Kibbutz Shefayim, Deir, Samar, Samar Abu Elouf, Deir al, Kibbutz Kissufim, Zahra City, East Jerusalem, Ras, Israel's, Yehuda, Hod HaSharon, Kiryat Shmona, Ahli, Gan, Kfar, North Sinai, Beit Kama, Cyprus, Be'eri, Rehovot, Mount Herzl, Modiin Maccabim, Mount Herzel, Yassin, Beitar Ilit, Ramat Gan, Itai, Beit Hanun, Rishon Lezion, ”, Palestinian Authority

☆ China welcomes Arab, Muslim majority nations in Beijing for Israel-Hamas conflict talks
▼ + stars: | 2023-11-20 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +5 min

Hong Kong CNN —China welcomed officials from Arab and Muslim majority countries on Monday for talks on “de-escalating” the Israel-Hamas conflict as Beijing steps-up its efforts to play a role in establishing a ceasefire. Zhai’s itinerary thus far has not included stops in Israel, Palestinian-controlled territories, or Iran, per information released by China’s Foreign Ministry. It’s not clear if China has been in contact with Hamas officials during the latest conflict. Visiting officials in Beijing this week include Palestinian Foreign Minister Riyad al-Maliki of the West Bank-based Palestinian National Authority. In the talks, Foreign Minister Wang Yi said they’d already held discussions with the Iranians on the topic, the senior official said.

Persons: “, Wang Yi, Washington –, Zhang Jun, Zhai Jun, Zhai, Wang, Eli Cohen, Riyad al, Xi Jinping, Joe Biden, Biden, Xi, they’d Organizations: Hong Kong CNN, Palestinian National Authority, of Islamic Cooperation, CNN, Israel Defense Forces, United Nations, Security Council, UN, Hamas, Foreign Ministry, China’s Foreign Ministry, Israeli, Palestinian, West Bank, Palestinian National Authority ., Ministry’s Locations: Hong Kong, China, Israel, Beijing, Saudi Arabia, Jordan, Egypt, Indonesia, United States, Gulf, Qatar, Washington, Gaza, United, Palestine, UAE, Turkey, Bahrain, Singapore, Europe, Palestinian, Iran, Palestinian National Authority . China, Lebanon, California

AMZN mountain 2021-01-01 Amazon's stock performance since the start of 2021. CRM mountain 2021-01-01 Salesforce's stock performance since the start of 2021. DHR mountain 2021-01-01 Danaher's stock performance since the start of 2021. DIS mountain 2021-01-01 Disney's stock performance since 2021. SWK mountain 2021-01-01 Stanley Black & Decker's stock performance since the start of 2021.

Persons: It's, Eli Lilly, Salesforce, Bob Iger's, Emerson, Lal Karsanbhai, hasn't, tanked, Laxman Narasimhan, Stanley Black, Decker, –, Jim Cramer's, Jim Cramer, Jim, Michael Nagle Organizations: Federal Reserve, Dow Jones Industrial, Nvidia, Microsoft, Linde, LIN, Broadcom, Web Services, Walt Disney, Paramount, Warner Bros Discovery, Disney, Emerson, Emerson Electric, National Instruments, Google, Honeywell, Honeywell International, Technologies, Solutions, Meta, Reality Labs, Starbucks, Jim Cramer's Charitable, CNBC, Bloomberg, Getty Locations: U.S, Seattle, Danaher's, China

☆ Researchers return to Alzheimer's vaccines, buoyed by recent drug success
▼ + stars: | 2023-11-20 | by ( Julie Steenhuysen | ) www.reuters.com time to read: +6 min

The renewed interest in Alzheimer's vaccines follows a promising first attempt more than 20 years ago that was abandoned after 6% of study volunteers developed life-threatening brain inflammation known as meningoencephalitis. Dr. Reisa Sperling, an Alzheimer's researcher at Mass General Brigham in Boston, said she believes vaccines will play an important role as researchers look to prevent Alzheimer's. She is considering vaccines for her next study in asymptomatic people with Alzheimer's proteins in their blood, but not enough to register on brain scans. Alzheimer's vaccines are still in the early stages and will require large, years-long trials to show they work. Generating a strong immune response is critical for such vaccines, which would typically be given to older individuals with weaker immune systems, he said.

Persons: Brian Snyder, Eli Lilly's, Reisa Sperling, Brigham, “, ” Sperling, Walter Koroshetz, Mei Mei Hu, Vaxxinity, Hu, Michael Rafii, Rafii, Andrea Pfiefer, Johnson, Prothena, Gene Kinney, Julie Steenhuysen, Caroline Humer, Bill Berkrot Organizations: Alzheimer Research, Brigham, Women's, REUTERS, Rights, U.S . Food, Drug Administration, Mass, National Institutes of Health, UB, University of Southern, Johnson, Bristol Myers Squibb, Thomson Locations: Boston , Massachusetts, U.S, Boston, Taiwan, University of Southern California

NEW YORK (AP) — When families thank Marlo Thomas for the medical treatment they received at St. Jude Children’s Research Hospital, she kindly corrects them. “And we’ve kept it.”Political Cartoons View All 1260 ImagesAccording to Fidelity Charitable’s annual ranking of the most popular nonprofits supported by its donor-advised funds, St. Jude Children’s Research Hospital ranks No. Nonprofit ratings organization Charity Navigator says St. Jude ranks third among its most-followed charities, behind Doctors Without Borders and the American Red Cross. In the U.S., the survival rate for childhood cancer is now 80%, up from 20% when St. Jude first opened its doors. Russian bombings during the war made it impossible for the children to continue their cancer treatment at hospitals in Ukraine.

Persons: Marlo Thomas, Jude Children’s, “, I’m, ”, Thomas, Danny Thomas, St, Jude, ” Marlo Thomas, Kevin Scally, Charity, ” Scally, that’s, Tony –, ’ ” Thomas, it’s, Frank Sinatra, Nat King Cole, George Burns, Robin Williams –, –, Jennifer Aniston, Luis Fonzi, Michael Strahan, Jon Hamm, who’ve, ” Thomas, Jude Global, ’ Organizations: St, Jude Children’s Research Hospital, Fidelity, Jude Children’s Research, USA, Nonprofit, Cross, Williams, Jude Global, World Health Organization, Lilly Endowment Inc, AP Locations: “, Memphis, Terre, Sonoma, America, St, United States, U.S, Ukraine, Russian, Switzerland, Egypt

☆ Will the 'Magnificent Seven' have another good run in 2024? Morgan Stanley's Mike Wilson weighs in
▼ + stars: | 2023-11-20 | by ( Weizhen Tan | ) www.cnbc.com time to read: +4 min

Much of the gains in the S & P 500 this year can be attributed to the "Magnificent Seven" stocks. The S & P 500 has rocketed nearly 19% in the year to date. His 2024 price target for the S & P 500 is 4,500. But, he said, "There's going to be … a very good stock picking opportunity, probably away from those seven [stocks] … where there should be more opportunities in the 493." "In today's volatile interest rate environment, we see this cohort offering a balance of relative performance stability along with attractive growth properties," Morgan Stanley said.

Persons: Mike Wilson, Morgan Stanley, CNBC's, Wilson, they've, —, we're, we've, barbells, Eli Lilly, Morgan Organizations: Apple, Microsoft, Nvidia, Tesla, Morgan, Microsoft Tech, Keysight Financial, Visa, Mastercard Consumer, Marriott International Pharmaceuticals, Walmart, Costco . Utilities, DTE Energy, Exelon Corporation . Energy, ConocoPhillips, Marathon Oil, Valero Energy Locations: U.S, Morgan Stanley Asia, Singapore

“It’s a melee from here on.”He started playing another video, from 2:34 p.m., which showed Brian in the seconds before he pushed Karlsen’s riot shield. an altogether different story: that he heard Karlsen threaten to shoot him, and that when Karlsen turned his head Brian believed he was looking for his gun. “It’s going to be high-pitched, but listen for him saying, ‘Or I’ll shoot,’” Brian said. “Or I’ll shoot?” Brian asked, looking at his son, hoping for absolution. He believed Brian loved his country and his children and wanted the best for both.

Persons: ” A.J, Brian, “ Everybody’s, ” Brian, “, Karlsen, A.J, “ It’s, ’, ”, Adrienne Hurst Locations: Wisconsin, A.J

☆ Cramer: Diversification is crushing investors this year. Will 2024 be different?
▼ + stars: | 2023-11-19 | by ( Jim Cramer | ) www.cnbc.com time to read: +12 min

The stock of Club holding Morgan Stanley (MS) dropped to $70 from $100 before bouncing back to $80 when interest rates recently peaked. Morgan Stanley and Schwab did nothing bad or shameful, but their multiples are shadows of their former selves. At least Morgan Stanley has a nice dividend yield of 4.25%. Key, Huntington, First Horizon, Morgan Stanley and Schwab are all good franchises that are regarded as cheap. The Morgan Stanley headquarters is seen in New York City on Jan. 17, 2023.

Persons: It's, Huntington Bancshares, Stephen Steinour, Chris Gorman, Bryan Jordan, Morgan Stanley, That's, Charles Schwab, Schwab, We're, Macy's, Albert Bourla, Myers, Meyers, Eli Lilly, let's, Mills, Campbell Soup, WK Kellogg, McCormick, Neutrogena, Johnson, Edwards, Zimmer Biomet, Becton Dickenson, Baxter, BAX, Ford, Hess, Tesla, Jim Cramer's, Jim Cramer, Jim, Michael M Organizations: Dominion, Federal Reserve, Nordstrom, Pfizer, Bristol, Myers, Hostess Brands, Novo Nordisk, PepsiCo, Hershey, Brands, Spice, Johnson, Moderna, American Electric Power, Duke Energy, Motors, JetBlue, EOG Resources, ConocoPhillips, Exxon Mobil, Nvidia, Apple, Federal Trade Commission, CNBC, Santiago, Getty Locations: Huntington, Memphis, Tennessee, Toronto, United States, Celgene, Bristol, New York City

“The Hunger Games: The Ballad of Songbirds & Snakes” topped the North American box office in its first weekend in theaters with $44 million in ticket sales, according to studio estimates Sunday. “The Ballad of Songbirds & Snakes” is an interesting case study for a franchise that’s been dormant for 8 years and is testing the waters for a new era. Its $44 million from 3,776 locations, including 1,610 premium screens, marks a low for films carrying “The Hunger Games” in the title. With an added $54.5 million from 87 international markets, the film has already earned $98.5 million out of the gates. “The Hunger Games: The Ballad of Songbirds & Snakes,” $44 million.

Persons: ”, Jennifer Lawrence, Katniss Everdeen, Tom Blyth, Rachel Zegler, Adam Fogelson, Suzanne Collins, Collins, Coriolanus Snow, Paul Dergarabedian, “, Anna Kendrick, Justin Timberlake, Eli Roth, Patrick Dempsey, Addison Rae, Michael Fassbender, Taika Waititi, Paul Giamatti, “ Priscilla, Sofia Coppola, Disney's, ” Ridley, Napoleon ”, ” Dergarabedian, Comscore, “ Taylor Swift Organizations: American, Lionsgate, Rotten, SAG, Universal, DreamWorks Animation, Marvel, TriStar Pictures, Spyglass Media, Walt Disney Co, Searchlight Pictures, Toronto Film Locations: Germany, Plymouth , Massachusetts

HARRISONBURG, Va. (AP) — Kaedin Robinson’s toe barely touched the goal line before the football squirted out, scoring the winning touchdown in overtime as Appalachian State beat previously unbeaten and 18th-ranked James Madison 26-23 on Saturday. Aguilar was 28 for 46 passing for 318 yards and three touchdowns with an interception for Appalachian State (7-4, 5-2). Elijah Sarratt had eight catches — including two that helped force overtime — for 128 yards and a touchdown for James Madison. Appalachian State remained in the hunt for the division title if the Dukes can beat Coastal Carolina next week. Appalachian State hosts Georgia Southern.

Persons: James, James Madison, Camden Wise, Joey Aguilar, Robinson, James Madison's, General, Aguilar, Jordan McCloud, Elijah Sarratt, Dukes, McCloud, Eli Wilson, Wilson, JMU, JMU’s, Jason Miyares Organizations: Appalachian State, James Madison, Camden, Dukes, NCAA, Virginia, Football, Mountaineers, Sun, Coastal Carolina, AP, James, Coastal, Georgia Southern Locations: HARRISONBURG, Va, Appalachian, JMU, Sarratt, Virginia, Coastal Carolina

☆ Listen now: Who gets weight-loss drugs when supplies are tight?
▼ + stars: | 2023-11-18 | by ( ) www.reuters.com time to read: +1 min

Follow on Apple, Google or Spotify. Listen on the Reuters app. A revolutionary new class of drugs is transforming weight loss. But around the world, demand is skyrocketing for diabetes drugs because they also help people shed pounds. Join our global health journalists as we explore access to drugs like Wegovy and Ozempic and the transformation of the way we understand weight loss.

Persons: Lilly, Eli Lilly Organizations: Apple, Google, Reuters, Reading Novo Nordisk, Novo, Corporate America, Novo Nordisk, Thomson Locations: Belgium, Novo

☆ Goldman Sachs expects below-average returns for the next 2 years. It shares 3 strategies to beat the market and 23 stock picks across them.
▼ + stars: | 2023-11-18 | by ( Laila Maidan | ) www.businessinsider.com time to read: +4 min

These are some of the forecasts for 2024 from Goldman Sachs chief US equity strategist David Kostin and his team. But that doesn't mean it's time to expect a full-on bull market or rapid economic growth anytime soon. So, to leave room for alternative outcomes, Kostin envisioned an even more optimistic scenario that would see rate cuts and stronger economic growth. The second strategy is to not shy away from growth stocks, but rather, be discerning. Yet, their forecasted sales growth is below their 2023 numbers.

Persons: Goldman Sachs, David Kostin, Kostin, Goldman isn't, Sherwin, Williams, Stocks, Eli Lilly, Russell, John Organizations: Federal, Treasury, Bloomberg, Business, O'Reilly Automotive, Dwight, Marathon Petroleum, Intercontinental Exchange, Truist Financial, Rollins Inc, Power Systems, Water, Enphase Energy, Co, NVIDIA, EQT Corp, Toro Company, John Bean Technologies Corporation, Delta Air Lines, DAL, Alaska Air Group Locations: Goldman's, ORLY, Albemarle, ALB

☆ Eli Lilly extends tender offer to buy Point Biopharma after low participation
▼ + stars: | 2023-11-17 | by ( ) www.reuters.com time to read: +1 min

An Eli Lilly and Company pharmaceutical manufacturing plant is pictured at 50 ImClone Drive in Branchburg, New Jersey, March 5, 2021. REUTERS/Mike Segar/File Photo Acquire Licensing RightsNov 17 (Reuters) - Eli Lilly (LLY.N) on Friday extended the deadline for Point Biopharma Global (PNT.O) shareholders by about two weeks to Dec. 1 to sell their stock, due to low participation. In October, Lilly agreed to acquire Point Biopharma in an all-cash deal valued at $1.4 billion to gain access to its experimental therapies that enable precise targeting of cancer. Lilly, which has offered to buy Point Biopharma shares at $12.50 a piece and has all regulatory approvals for the deal, said the price will remain the same during the extended period. The tender offer has been extended in order for the companies to satisfy the minimum tender condition.

Persons: Eli Lilly, Mike Segar, Lilly, Mounjaro, Sriparna Roy, Shinjini Organizations: Company, REUTERS, Biopharma, Thomson Locations: Branchburg , New Jersey, Bengaluru

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