Pfizer CEO Joins Host of Executives at Covid-19 Vaccine Makers in Big Stock Sale
The timing this week of Albert Bourla's sale of about $5.6 million in company shares-on the same day it announced positive results from its Covid-19 vaccine-is drawing scrutiny from some investors.
Cano Health Nears Deal With Barry Sternlicht SPAC Boeing Forecasts Strong China Demand
Boeing Co. on Thursday released strong forecasts for China's aircraft demand, even as the aerospace company said it expects a weaker global market amid the coronavirus pandemic.
Landlords Bet on J.C. Penney Recovery As Vaccine Optimism Spreads
J.C. Penney's top landlords are betting on a comeback for department stores, some of the biggest pandemic losers, after they cleared a hurdle to buying the company out of bankruptcy.
Facebook, Google Extend Bans on Political Ads
Facebook and Google plan to continue banning political ads on their platforms for the next several weeks to prevent confusion about election results.
Opioid Maker Purdue Faces Growing Revolt Against Federal Deal
California, New York and other states are revolting against the U.S. Justice Department's proposed settlement with OxyContin maker Purdue Pharma, which is accused of helping fuel the opioid crisis.
TikTok Presses for Delay in Sale Deadline
A petition filed by ByteDance says the U.S. government's decision to force a TikTok deal was "arbitrary and capricious" and denied the company due process under the law.
Siemens Profit Beats Expectations
Siemens' industrial profit margin for the fourth quarter came in at 18.7%, while its net profit topped forecasts at EUR1.76 billion, as the engineer
Generali Posts Operating Profit Rise
Generali posted a 2.3% rise in 9-month operating profit, as a strong performance in its asset-management business and property and casualty operations offset a decline in the life segment, but its net profit fell 40% on impairments.
Nissan Motor Posts Net Loss on Global Sales Slump
The Japanese auto maker said net loss was 44.37 billion yen for the quarter ended Sept. 30, as sales fell in all reported regions.
(END) Dow Jones Newswires
11-12-20 0515ET
