Moderna says new Covid vaccine effective against BA.2.86 variant

Artur Widak | Nurphoto | Getty ImagesModerna's new Covid vaccine produced a strong immune response against BA.2.86, a highly mutated omicron variant that health officials are watching closely, according to clinical trial data the biotech company released Wednesday. The updated shot produced an 8.7-fold increase in protective antibodies against BA.2.86,...

Read more...

Inside story of Iger and Chapek

Illustration by Elham AtaeiazarAfter pushing back his retirement four times, Bob Iger finally made the leap. On Feb. 25, 2020, he announced he would step down as Disney's CEO. His hand-picked successor, Bob Chapek, then Disney's parks chairman, would take over the day-to-day job of running the company, effective...

Read more...

Stocks making the biggest moves after hours: GTLB, ZS, AVAV

People celebrate the GitLab initial public offering at the Nasdaq, Oct. 14, 2021.Source: NasdaqCheck out the companies making headlines in after-hours trading.Zscaler — The cloud security stock slipped 1% even after a better-than-expected report for its fiscal fourth quarter and strong current-quarter guidance. Zscaler reported adjusted earnings of 64...

Read more...

What it means for other pharma deals

Robert Galbraith | ReutersThe Federal Trade Commission last week allowed Amgen to move forward with its $27.8 billion acquisition of Horizon Therapeutics under a settlement agreement –  a move that could have ramifications for a string of other pharmaceutical industry buyouts.Some Wall Street analysts said the FTC's decision to...

Read more...

Stocks making the biggest moves midday: HAL, WBD, ORCL

In this photo illustration, the Warner Bros. Discovery logo is displayed on a smartphone screen.Rafael Henrique | SOPA Images | Lightrocket | Getty ImagesOccidental Petroleum, Halliburton, EOG Resources — Shares of oil and gas companies were higher Tuesday after Saudi Arabia earlier extended its one million barrel per day voluntary...

Read more...