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J&J Agrees to Buy Medical-Device Maker Abiomed
  + stars: | 2022-11-01 | by ( Peter Loftus | ) www.wsj.com   time to read: 1 min
J&J sells prescription drugs and other health products, and has been looking for acquisitions this year. Johnson & Johnson said Tuesday it had agreed to buy heart-device maker Abiomed Inc. in an all-cash deal that would be valued at $16.6 billion upfront including cash. Under the terms, J&J agreed to pay $380 a share upfront, and would pay an additional $35 a share if certain milestones are met. Abiomed shares closed at $252.08 Monday.
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Liverpool's second successive defeat against a team in the bottom three, following last week's reverse at Nottingham Forest, left them in ninth place, eight points off the top four. Chelsea also lost ground as Graham Potter's return to Brighton & Hove Albion ended in a 4-1 hammering. Manchester City have 29 points from 12 games, one point more than Arsenal who host bottom club Nottingham Forest on Sunday. Spurs moved to 26 points from 13 games with Newcastle, who have lost only once all season, on 24. Fulham could have moved level on points with Chelsea but were held to a 0-0 draw at home to Everton.
Oct 25 (Reuters) - Chelsea head coach Graham Potter has backed Ruben Loftus-Cheek for a place in the England squad at next month's World Cup in Qatar. "He has really impressed me, Ruben, on and off the pitch," Potter told reporters ahead of Chelsea's Champions League clash at Salzburg. Loftus-Cheek was part of the England squad that reached the semi-finals of the 2018 World Cup and he said going to Qatar "would mean the world" to him. "As a player, after going into the 2018 World Cup, you see your trajectory to go upward and to be at the next World Cup if everything goes well," Loftus-Cheek told reporters. "If I go to the World Cup, it would mean the world, but that is not at the forefront of my mind at the moment."
Hard-to-access places like the Arctic Circle and Galapagos Islands are bucket-list travel hot spots. These well-off wanderlusters have helped create a travel-industry boom, with pent-up demand pushing bucket-list travel into this year's shoulder seasons. American Express Travel's 2022 Global Travel Trends report, which used polling data collected in early February 2022, confirms the move toward bucket-list travel this year. Quality time with loved ones matters above allBut not all bucket-list travel experiences need to be in far-flung corners of the world. Finnegan said traveling with his family made it a bucket-list trip.
Medtronic said the separation of its businesses isn’t expected to affect the company’s dividend policy. Medtronic PLC said it is separating its patient-monitoring and respiratory intervention businesses in an effort to boost its long-term prospects. The businesses, which include pulse oximeters and ventilators, generate about $2.2 billion in annual sales, or nearly 7% of Medtronic’s overall revenue. Medtronic said the businesses, with over 8,000 employees globally, were slightly below the company’s overall performance in terms of gross margin and revenue growth.
Soccer Football - Premier League - Brentford v Chelsea - Brentford Community Stadium, London, Britain - October 19, 2022 Chelsea's Kepa Arrizabalaga and Ruben Loftus-Cheek in action with Brentford's Rico Henry REUTERS/Tony ObrienOct 20 (Reuters) - Goalkeeper Kepa Arrizabalaga said his confidence has been boosted by getting a run of starts for Chelsea after he kept a fifth straight clean sheet in Wednesday's 0-0 Premier League draw with Brentford. Register now for FREE unlimited access to Reuters.com Register"Every player needs confidence, this push, and for the goalkeepers it is even more important," Arrizabalaga told Prime Video. "If you are playing in a row of games, it's important for your confidence and I'm playing well, I think. Kepa also impressed in Chelsea's draw at Brentford, twice denying in-form striker Ivan Toney with saves that earned praise from opposition manager Thomas Frank. Chelsea, who are fourth in the league, host fifth-placed Manchester United on Saturday.
Abbott Names New Leadership at Troubled Baby-Formula Plant
  + stars: | 2022-10-19 | by ( Peter Loftus | ) www.wsj.com   time to read: 1 min
Abbott Laboratories has made leadership changes at its major baby-formula manufacturing plant and in its quality organization, following a temporary shutdown of the Sturgis, Mich., plant earlier this year after contamination was found. The Abbott Park, Ill., company also plans to spend about $500 million to build a new baby-formula plant in the U.S., after analyzing the market and concluding more capacity is needed, Chief Executive Robert Ford said Wednesday.
J&J posted a quarterly profit of $4.46 billion, or $1.68 a share, up from $3.67 billion, or $1.37 a share, a year earlier. Johnson & Johnson posted higher sales and earnings for the recently ended quarter even as the stronger U.S. dollar and rising labor costs dented results. The New Brunswick, N.J., healthcare-products company on Tuesday lowered its full-year sales guidance on the continuing impact of the run-up in the dollar relative to other currencies around the world.
U.S. health regulators on Wednesday expanded eligibility for the new Covid-19 booster shots to children as young as 5 years old, broadening access to help bolster protection against Omicron strains of the coronavirus. The U.S. Food and Drug Administration authorized the updated booster from Pfizer Inc. and its partner BioNTech SE for children ages 5 through 11, and Moderna Inc.’s updated booster for children 6 through 17.
U.S. health regulators on Wednesday expanded eligibility for the new Covid-19 booster shots to children as young as 5 years old, broadening access to help bolster protection against Omicron strains of the coronavirus. The U.S. Food and Drug Administration authorized the updated booster from Pfizer Inc. and its partner BioNTech SE for children ages 5 through 11, and Moderna Inc.’s updated booster for children 6 through 17.
U.S. health regulators on Wednesday expanded eligibility for the new Covid-19 booster shots to children as young as 5 years old, broadening access to help bolster protection against Omicron strains of the coronavirus. The U.S. Food and Drug Administration authorized the updated booster from Pfizer Inc. and its partner BioNTech SE for children ages 5 through 11, and Moderna Inc.’s updated booster for children 6 through 17. Centers for Disease Control and Prevention Director Rochelle Walensky subsequently recommended use of the updated boosters in these age groups.
A decade ago, the big bet in Silicon Valley was that some of the world’s brawniest corporations would be disrupted by nimble, digital-first startups. Mr. Levie: I actually think a large percentage of the Fortune 500 has done this well. And yet I would argue that a large percentage of the Fortune 500 responded well to that threat. Mr. Levie: What Silicon Valley is very good at is delivering world-class digital experiences to consumers and then disrupting entire markets because of that. PREVIEWWSJ: The Fortune 500 is holding its own.
Some U.S. pharmacies and other vaccine providers are offering the new Covid-19 booster shot only from Pfizer Inc. and BioNTech SE , after a manufacturing-quality problem at a contract manufacturer caused a shortage of Moderna Inc.’s new booster shot. In recent days, federal officials have advised state officials there is a limited supply of Moderna’s updated booster shots, said Marcus Plescia , chief medical officer of the Association of State and Territorial Health Officials.
HONG KONG—A new generation of Covid-19 vaccines that can be inhaled or sprayed up the nose—instead of taken by injection—will begin rolling out in Asia, though just how effective they are remains to be seen. Regulators in China and India have greenlighted distribution of vaccines delivered through the mouth or nose, a delivery that scientists say holds the promise of more potent protection against Covid-19 by better reducing infections and preventing the disease’s spread among vaccinated people because they work in the nose and lungs where transmission first happens.
HONG KONG—A new generation of Covid-19 vaccines that can be inhaled or sprayed up the nose—instead of taken by injection—will begin rolling out in Asia, though just how effective they are remains to be seen. Regulators in China and India have greenlighted distribution of vaccines delivered through the mouth or nose, a delivery that scientists say holds the promise of more potent protection against Covid-19 by better reducing infections and preventing the disease’s spread among vaccinated people because they work in the nose and lungs where transmission first happens.
The purchase of Figma, whose tools are used by designers and developers, is Adobe’s largest-ever acquisition and extends its reach into new areas. The rising popularity of social networks helped fuel interest in an earlier wave of collaboration technology companies, including Jive Software and workplace chat company Yammer, later acquired by Microsoft Corp. in 2012 for $1.2 billion. Startups that employ concepts of collaboration, including digital work-space company Notion, document company Coda and app platform Airtable, took off among software, design and product teams. Adobe is best-known by consumers for software programs—including Adobe Photoshop, Adobe Illustrator and Adobe Acrobat—used for graphic design, video editing and more. The fact that Adobe was willing to pay so much for Figma reflects that belief that its software was fundamentally different, according to Mr. Saper.
Sursa foto: Getty ImagesChelsea, gata să sacrifice nouă jucători pentru Harry Kane! La cine este dispus să renunțe TuchelChelsea a câștigat finala UEFA Champions League disputată la Porto, după ce a învins Manchester City cu scorul de 1-0. În ciuda succesului din cea mai prestigioasă competiție europeană, Thomas Tuchel se gândește deja la următorul sezon din competiția domestică, Premier League. În sezonul recent încheiat, în 52 de partide, Timo Werner a înscris 12 goluri și a contribuit decisiv de 15 ori. Pentru serviciile lui Kane, Chelsea s-ar duela cu rivala din finala Champions League, Manchester City, care le-a propus celor de la Tottenham o ofertă greu de refuzat.
Persons: Harry Kane, Chelsea, Thomas Tuchel, Timo Werner, Stamford Bridge, Lukaku, Roman, Kane, Gabriel Jesus, Billy Gilmour, Conor Gallagher, Ruben Loftus Cheek, Ross Barkley, Abraham, Davide, Emerson Organizations: Chelsea, UEFA Champions League, Manchester City, Premier League, Stamford Bridge, RB Leipzig, Inter Milano, Champions League, Tottenham Locations: Porto, Stamford, Angliei, Dortmund, Italiei, englez, City, Londra
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