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Trust for Professional Managers ActivePassive International Equity ETF
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Novo Nordisk Stock Rises Pre-Market On Q1 Beat Despite Lowering Outlook – Retail’s Elated
May 07, 2025
Sales of Novo Nordisk’s flagship weight loss drug Wegovy surged 85% in the first quarter of the fiscal year 2025, while its diabetes treatment Ozempic posted an 18% increase.
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Topics
Earnings
Law Enforcement
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Legal
Novo Nordisk’s Weight-Loss Drug Wegovy Launched In Thailand, Marks Entry Into Southeast Asia
April 28, 2025
Enrico Canal Bruland, vice president and general manager of Novo's Thai subsidiary, told Reuters that the firm received approval from the Thai FDA in 2023.
Via
Stocktwits
Exposures
Product Safety
Novo Nordisk Wins Another Legal Battle Against Compounding Of Wegovy, Ozempic: Retail’s Bullish
April 25, 2025
Steve Benz, legal and US general counsel of Novo Nordisk, said the company is “pleased” that the court rejected the compounders' attempts to “undermine” the FDA's decision that the shortages of Wegovy...
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Lawsuit
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BYD Doubles Profit In Q1 2025 Driven By Strong Growth In Vehicle Sales: But Retail’s Unconvinced
April 25, 2025
The company reported a net profit attributable to shareholders of RMB 9.15 billion ($1.26 billion) on Friday, up from RMB 4.57 billion in the corresponding quarter of 2024, and aligning with its...
Via
Stocktwits
Saudi Aramco To Collaborate With Chinese EV Giant BYD To Achieve Breakthroughs In New Energy Vehicles
April 21, 2025
The agreement was signed by Saudi Aramco Technologies Company (SATC), a wholly owned subsidiary of Aramco, and aims to leverage the research and development teams of both companies.
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Economy
Electric Vehicles
Government
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Novo Nordisk Warns Against Counterfeit Ozempic In US: Retail’s Unmoved
April 14, 2025
The company said the seized counterfeit products feature lot number PAR0362 and illegitimate serial numbers beginning with the first eight digits, 51746517.
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Economy
Exposures
Product Safety
Supply Chain
Novo Nordisk’s Controlling Shareholder Novo Holdings Reports Record Total Income, Investment Returns In 2024: Retail Stays Bullish
April 02, 2025
The company said that its earnings consist of income from dividends and the share repurchase programmes of Novo Group companies Novo Nordisk A/S and Novonesis A/S, as well as returns from its...
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Stocktwits
Novo Nordisk Signs $2B Deal For Obesity Drug With Chinese Biotech: Retail Sentiment Improves
March 24, 2025
Novo Nordisk will obtain exclusive worldwide rights to develop, manufacture, and commercialize the drug UBT251, while United Biotechnology will, however, retain the rights to the drug in mainland...
Via
Stocktwits
Sony Stock Surges After Q3 Earnings Beat, Raised Outlook: Retail’s Not Convinced
February 14, 2025
For full-year 2024, Sony expects revenue to be about JPY 13.2 trillion ($876 billion), 4% higher than its previous outlook.
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Toyota Downgraded After Second Straight Profit Drop, But Stock Climbs As Annual Outlook Improves: Retail Stays Optimistic
February 05, 2025
Toyota also announced plans to establish a wholly owned company in Shanghai to develop and produce Lexus BEVs and batteries.
Via
Stocktwits
Adidas Stock In Focus On Reported Layoffs: Retail's On The Sidelines
January 24, 2025
Adidas shares have gained 5% over the past five days after the footwear and sports apparel maker reported strong preliminary Q4 earnings
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Stocktwits
Toyota To Delay EV Production In North America Due To Slowing Sales: Report
October 03, 2024
Toyota delays North American EV production to first half of 2026, citing slowing sales. Plans to launch 10 new EV models globally by 2026.
Via
Benzinga
Toyota Boosts Share Buyback Program: Details Here
September 24, 2024
Toyota increases share buyback plan to 1.2 trillion yen, reflecting stock price. With this increase, Toyota can now repurchase up to 315.5 billion yen (210 million shares).
Via
Benzinga
Alibaba Teams Up With Nvidia to Supercharge EVs for Chinese Automakers: Report
September 23, 2024
Alibaba's cloud unit partners with Nvidia to enhance autonomous driving for Chinese smart vehicles. U.S. sanctions on chipmakers impact AI efforts.
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Benzinga
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Artificial Intelligence
Exposures
Artificial Intelligence
Jack Ma Urges Alibaba to Embrace Competition, Highlights Growth Opportunities
September 11, 2024
Jack Ma urges Alibaba to trust in market forces despite challenges and competition. Company reports 4% Y/Y growth and $3.34B net income in Q1 2024.
Via
Benzinga
What's Going On With Toyota Motor Stock Today?
September 06, 2024
Toyota Motor shares are down as the company revises its 2026 EV production target downward. Also, Japan pledges $2.4 billion to boost battery production.
Via
Benzinga
Alibaba and Mastercard Team Up To Offer New Perks for US Business Owners
September 06, 2024
Alibaba.com and Mastercard collaborate to offer co-branded credit card for US buyers, part of Alibaba's growth initiatives amid regulatory challenges.
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Credit Cards
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What's Going On With Toyota Motor Stock Thursday?
September 05, 2024
Toyota has announced an expanded collaboration with BMW to advance hydrogen fuel cell technology. The partnership will see the development of a new generation of fuel cell powertrain systems, set to...
Via
Benzinga
Topics
Electric Vehicles
Exposures
Electric Vehicles
Toyota Aims To Reduce EV Costs with Gigacasting Machine: Report
August 21, 2024
Toyota reportedly plans to install a gigacasting machine to reduce EV production costs and catch up with competitors. Tesla also uses this technique.
Via
Benzinga
Toyota Expands EV Production With New Fukuoka Battery Plant: Report
July 26, 2024
Toyota Motor Corp (NYSE ) plans a new battery plant for EVs in Fukuoka, Japan, to boost production capabilities. The plant will supply batteries for Lexus cars and make Kyushu a key hub for Toyota's EV...
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Benzinga
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Supply Chain
LexisNexis Legal & Professional Launches AI Research Tool Nexis+ AI
July 17, 2024
LexisNexis has launched Nexis+ AI, an AI-powered research platform that provides access to 20,000+ news providers to quickly extract and analyze business, financial, and legal information.
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Benzinga
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Artificial Intelligence
Exposures
Artificial Intelligence
Toyota Subsidiary Violated Japan's Law Protecting Subcontractors: Report
July 05, 2024
A subsidiary of Toyota was found violating Japan's subcontractor protection laws, according to the Japan Fair Trade Commission (FTC). Toyota Customizing & Development Co. (TCD) failed to compensate...
Via
Benzinga
Topics
Supply Chain
Exposures
Supply Chain
HSBC Slows Hiring, Cuts Costs As Europe's Largest Bank Prepares For New CEO
July 02, 2024
HSBC is not replacing all recently departed staff. Instead, certain departments have been instructed to pause hiring altogether.
Via
Benzinga
Thousands Of HSBC Britain Customers Left Stranded By Online Banking Outage: Report
June 28, 2024
Thousands of HSBC customers in Britain faced online banking difficulties due to an outage, with over 7,000 reports. HSBC stock gained 14% in the last 12 months.
Via
Benzinga
ABN Amro Nears HSBC's German Wealth Management Unit Buyout: Report
June 24, 2024
ABN Amro is reportedly close to buying HSBC Holdings' wealth management unit in Germany, expanding its presence. HSBC aims to overhaul its German operations.
Via
Benzinga
What's Going On With Barclays' Shares On Friday?
June 14, 2024
Barclay's leveraged finance practices come under scrutiny as the Prudential Regulation Authority mandates a thorough review, part of a UK-wide initiative to bolster oversight of private equity risks.
Via
Benzinga
Sony Steps Into Theater Business With Alamo Drafthouse Purchase
June 13, 2024
Sony Pictures Entertainment, part of Sony Group Corp, has acquired the Alamo Drafthouse Cinema, renowned for its unique dine-in movie experience. This move aims to rejuvenate the theater industry,...
Via
Benzinga
What's Going On With Banking Giant HSBC Stock Today?
June 11, 2024
HSBC completed the acquisition of Citigroup's retail wealth management portfolio in China, a move that doubles their net new invested assets.
Via
Benzinga
Toyota's Market Value Plunges Over $15B Amid Test Falsification Scandal; Mazda, Honda, Suzuki Follow Suit
June 10, 2024
The stock prices of major Japanese automakers, including Toyota, Mazda, Honda, and Suzuki, have taken a hit following a safety scandal.
Via
Benzinga
What's Going On With Sony Stock On Tuesday?
June 04, 2024
Sony Group Corp (SONY) stock rises as PlayStation VR2's PC adapter set to launch on Aug 7. Adapter will support Steam VR games, DisplayPort needed.
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Benzinga
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