Core Insights - CME Group reported a decline in third-quarter profit due to lower energy volumes impacting transaction fees [1] Company Performance - The decrease in profit was attributed to subdued energy volumes, which negatively affected the fees collected from clearing and settling transactions [1]

Core Viewpoint - Alkermes announced its intention to acquire Avadel Pharmaceuticals for a total consideration of up to $2.1 billion, which will provide access to Avadel's approved drug for excessive daytime sleepiness [1] Company Summary - The acquisition will enhance Alkermes' portfolio by adding a drug that addresses excessive daytime sleepiness, a significant market need [1] - The total acquisition cost is stated to be up to $2.1 billion, indicating a substantial investment by Alkermes in expanding its therapeutic offerings [1]

Core Insights - Uber Technologies is rebranding its "Uber Green" service to "Uber Electric" as part of its initiative towards achieving zero-emission rides [1] - The company is launching a $4,000 grant program for drivers to support the transition to electric vehicles [1] Company Initiatives - The rebranding to "Uber Electric" signifies a strategic shift in Uber's approach to sustainability and environmental responsibility [1] - The $4,000 grant program aims to incentivize drivers to adopt electric vehicles, thereby promoting greener transportation options [1]

Core Insights - Thermo Fisher exceeded analysts' expectations for third-quarter revenue and profit, driven by robust demand for its tools and technologies used in therapy development [1] Financial Performance - The company reported strong financial results, indicating a positive trend in revenue and profit growth compared to previous quarters [1] Market Demand - There is a significant increase in demand for Thermo Fisher's medical equipment, reflecting broader trends in the healthcare and biotechnology sectors [1]

What matters in U.S. and global markets today ...

Teck Resources beat third-quarter profit estimates on Wednesday, lifted by higher copper and zinc prices, even as production at its Quebrada Blanca copper mine in Chile remained constrained by tailing... ...

Core Insights - Volkswagen is preparing for temporary plant closures due to potential disruptions, as indicated in an internal letter from company management [1] Company Summary - The company has communicated to its staff about the possibility of disruptions that may lead to temporary plant closures [1]

Core Viewpoint - Tesla is anticipated to report a significant increase in third-quarter results due to a surge in U.S. buyers taking advantage of an expiring $7,500 federal electric vehicle tax credit [1] Summary by Relevant Categories - **Company Performance** - Tesla's third-quarter results are expected to show a surge driven by increased demand from U.S. buyers [1] - **Market Dynamics** - The rush to purchase electric vehicles is attributed to the impending expiration of the $7,500 federal tax credit, influencing consumer behavior [1]

Swiss inflation is likely to rise slightly in the coming quarters, Swiss National Bank Chairman Martin Schlegel said on Wednesday, with economic indicators pointing to stable situation with moderate growth. ...

Core Points - Shares in Novo Nordisk fell approximately 3% in early trading on Wednesday, continuing a downward trend from the previous day [1] - The decline in share price follows a proposal from the company's top investor for a comprehensive overhaul of the board [1] Company Summary - Novo Nordisk is known for its product Wegovy, which is a significant part of its portfolio [1] - The company's stock performance is currently under pressure due to governance concerns raised by its major investor [1]