Reckitt said on Monday that “numerous” cases had been filed generically against baby formula makers, but that how many directly related to the Enfamil maker was unclear.
Tellurian said on Monday it was looking at all options, including a potential sale, and that CEO Octavio Simoes had stepped down from his role, amid the liquefied natural gas developer’s efforts to keep its Driftwood export project alive.
Nasdaq , which hosts some of the biggest U.S. tech giants on its exchange, said on Monday it has a resolved an issue related to connectivity and stock orders after more than two hours and said all systems were operating normally.
Ratings agency Fitch said on Monday the recent cybersecurity incident at UnitedHealth Group’s technology unit, Change Healthcare, could negatively affect credit profiles of smaller healthcare providers and pharmacies that use its services.
Hedge funds piled into bank and financials stocks at the fastest pace in a year, Goldman Sachs said in a note, just in time to catch highs seen European and U.S. banking indices.
Nomura Holdings Inc. has appointed Hemish Shah as head of flow rates for Europe, the Middle East, and Africa as the Japanese broker works on expanding its wholesale operations in the region.
AstraZeneca said on Monday it would cap out-of-pocket costs for its inhaled respiratory products at $35 per month in the United States, starting June, following a similar move by rival Boehringer Ingelheim earlier this month.
The U.S. Federal Reserve is widely expected to keep rates unchanged when it ends its two-day meeting on Wednesday, but policy makers could show more concern about stubborn inflation and present more hawkish signals about the timing and extent of any easing this year.
