Deira Trading Company

Trump could make changes to Medicare drug price negotiations

President Donald Trump arrives in the Brady Press Briefing Room at the White House on Jan. 30, 2025 in Washington, DC. Oliver Contreras | Afp | Getty Images President Donald Trump likely won’t do away with a landmark process that allows Medicare to negotiate drug prices with manufacturers, even as he moves to erase Joe […]

CEO Lars Fruergaard Jorgensen discusses Wegovy

It’s been a rocky few months for Novo Nordisk. Prescription data from IQVIA suggests Novo’s obesity drug Wegovy is losing ground to rival Zepbound from Eli Lilly. Wegovy’s potential successor, CagriSema, came up short of investor expectations in a closely watched Phase 3 trial. Novo’s stock has fallen more than 20% over the last year, […]

McDonald’s (MCD) Q4 2024 earnings

A McDonald’s restaurant in Omaha, Nebraska, on Oct. 23, 2024. Mario Tama | Getty Images McDonald’s is set to report its fourth-quarter earnings before the bell on Monday. Here is what Wall Street analysts surveyed by LSEG are expecting the company to report: Earnings per share: $2.83 expected Revenue: $6.44 billion expected The fast-food giant […]

Bristol Myers Squibb (BMY) earnings Q4 2024

The Bristol Myers Squibb research and development center at Cambridge Crossing in Cambridge, Massachusetts, on Dec. 27, 2023. Adam Glanzman | Bloomberg | Getty Images Bristol Myers Squibb on Thursday said it will slash $2 billion in costs by the end of 2027, expanding its ongoing cost-savings effort to chart a path toward long-term growth.  […]

Yum Brands (YUM) earnings Q4 2024

Yum Brands on Thursday reported quarterly earnings and revenue that beat Wall Street estimates, fueled by strong sales for KFC’s international restaurants and Taco Bell. Shares of the company rose more than 7% in morning trading. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Earnings per […]

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