Atea's Covid-19 Oral Treatment Fails in Midstage Trial
The experimental treatment didn't cut the viral load in nonhospitalized patients with mild to moderate symptoms, sending the company's stock tumbling.$Atea Pharmaceuticals(AVIR.US)$
Travelers Profit Falls 20% on Hurricane Ida, Auto Claims
The property-casualty insurer reported a quarterly income of $662 million, weighed down by storm damage and car-wreck related claims.
Johnson & Johnson's Sales Climb Across Divisions
The company's revenue rose 11% year over year in the third quarter to $23.34 billion as the healthcare sector continued to recover from its pandemic disruption.$Johnson & Johnson(JNJ.US)$
P&G to Raise Prices on Staples as Supply Problems Hit
$Procter & Gamble(PG.US)$ said the cost of materials and freight jumped more than expected, cutting into profit, though it maintained its outlooks for the year.
Apollo Targets $1 Trillion in Assets, Aiming to Outpace Blackstone
The private-equity firm expects the merger with its insurance affiliate Athene Holding to power much of the projected growth.
Deere and Striking Workers Resume Contract Talks
$Deere(DE.US)$, the agricultural equipment giant, says it's 'fully committed to the collective bargaining process and resolving the strike.'
Kushner Cos. Goes Outside the Family to Replace Jared as CEO
Laurent Morali, president of Kushner Cos., will take over as chief executive effective immediately, the real-estate company said.
Halliburton Earnings Topped Estimates. Its Stock Is Dropping.
$Halliburton Co(HAL.US)$ reported an adjusted profit of 28 cents a share, beating forecasts for 27 cents a share, on sales of $3.9 billion, just below expectations for $3.91 billion.
Ericsson Profit Lifted by 5G Demand
$LM Ericsson Telephone Co(ERIC.US)$ posted an above-forecast net profit in the third quarter, as strong sales of 5G equipment helped offset a hefty sales decline in China.
Danone Sales Ahead of Expectations
$DANONE(GPDNF.US)$ said sales rose to EUR6.2 billion in the third quarter, with strong growth across all regions and reiterated its guidance for the full year.
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