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Trump announces drug price deal with AstraZeneca
NBC News· 2025-10-10 23:03
the president there taking a lot of questions and a very long pro conference on a whole range of topics. But the headline was really about the war between Gaza and Israel right now with a peace treaty and the president saying 28 hostage bodies uh remain in captivity but all hostages should be released on Monday. Let's go to Yamish Alendor who's at the White House.And Yamish, the the president says um Astroenica uh the drug company is sell drugs directly to Medicaid patients at the lowest price offered in an ...
Abbott (ABT) Laps the Stock Market: Here's Why
ZACKS· 2025-10-03 22:51
Company Performance - Abbott's stock closed at $134.59, reflecting a +1.2% increase from the previous day, outperforming the S&P 500's gain of 0.01% [1] - Over the past month, Abbott's shares have appreciated by 0.14%, underperforming the Medical sector's gain of 4.67% and the S&P 500's gain of 4.83% [1] Upcoming Earnings - Abbott is set to release its earnings report on October 15, 2025, with an expected EPS of $1.3, indicating a 7.44% growth year-over-year [2] - The consensus estimate for revenue is $11.42 billion, reflecting a 7.4% increase compared to the same quarter last year [2] Annual Estimates - For the annual period, Zacks Consensus Estimates project earnings of $5.15 per share and revenue of $44.68 billion, representing increases of +10.28% and +6.5% respectively from the previous year [3] - Recent changes to analyst estimates for Abbott indicate evolving short-term business trends, with positive revisions suggesting analysts' confidence in the company's performance [3] Valuation Metrics - Abbott's current Forward P/E ratio is 25.83, which is a premium compared to the industry average of 18.31 [6] - The PEG ratio for Abbott stands at 2.52, compared to the industry average PEG ratio of 2.27 [6] Industry Context - The Medical - Products industry, which includes Abbott, has a Zacks Industry Rank of 77, placing it in the top 32% of over 250 industries [7] - Strong individual industry groups, as measured by the Zacks Industry Rank, tend to outperform weaker groups by a factor of 2 to 1 [7]
X @The Wall Street Journal
President Trump unveiled a direct-to-consumer website for Americans to buy drugs, dubbed TrumpRx, and said Pfizer plans to offer some of its drugs on the site at a reduced rate. https://t.co/vGSnodYufe ...
X @BBC News (World)
BBC News (World)· 2025-09-30 22:38
Pfizer to offer cheaper drugs via Trump's website https://t.co/oVijCtwJ3t ...
X @The Wall Street Journal
Exclusive: President Trump unveiled a direct-to-consumer website for Americans to buy drugs, dubbed TrumpRx, and announced that Pfizer plans to offer some of its drugs on the site at a reduced rate https://t.co/l5w5eV8M53 ...
X @Bloomberg
Bloomberg· 2025-09-30 14:14
Pfizer to sell drugs at lower prices to US Medicaid under Trump’s ‘most favored nations’ plan, the Washington Post reports https://t.co/lWk28a2x8C ...
Trump Administration implements a host of new tariffs
Youtube· 2025-09-26 17:14
Tariffs on Various Products - President Trump announced a 100% tariff on brand name or patented pharmaceutical products starting October 1st, unless manufacturers establish a plant in the US [1] - A 50% tariff will be imposed on kitchen cabinets, bathroom vanities, and related products, along with a 30% tariff on upholstered furniture, effective next week [2] - Additionally, a 25% tariff on imported heavy trucks is being introduced, framed as a national security measure to support American truckers [2] Impact on Costs and Prices - Critics argue that these tariffs could increase costs for businesses and consumers, with previous tariffs on steel, aluminum, and copper already raising expenses for US truck manufacturers [3] - Furniture prices have also seen significant increases due to earlier tariffs, with living and dining room pieces rising nearly 10% over the past year according to the Bureau of Labor Statistics [3][4]
Stock Futures Waver After Trump Unveils New Tariffs
WSJ· 2025-09-26 10:58
Group 1 - U.S. stock futures showed volatility following President Trump's announcement of new tariffs on drugs, trucks, and furniture [1] - The market reaction to the tariff news was relatively calm, indicating resilience among investors [1]
Trump's New Tariffs on Pharma, Heavy Trucks, Furniture: What We Know
Bloomberg Television· 2025-09-26 07:56
We need detail here. What more do we know about these tariffs. Well, Lizzie, unfortunately, when it comes to where we stand with these right now, we know about as much as Trump put out that social media posts, which is of course, just, you know, the value of these tariffs.I mean, you mentioned the ones on heavy trucks for 25%. We've also got some kitchen and, you know, sort of kitchenware, furnishings, that kind of thing. So this is all what he's announced as well as obviously those those drug tariffs, 100% ...
X @The Economist
The Economist· 2025-08-21 17:40
Drugs targeting a specific protein could make for powerful treatments for chronic pain, according to a new study. Even diet might have an effect https://t.co/nBq9Wgd2Jr ...