Nov 12 (Reuters) - Fertilizer producer Mosaic missed Wall Street estimates for third-quarter profit on Tuesday, hurt by production snags due to operational issues. The Tampa, Florida-based company reported adjusted earnings of 34 cents per share for the quarter ended Sept. 30, compared with analysts' average estimate of 54 cents per share according to data compiled by LSEG. ...

07:19 AM EST, 11/12/2024 (MT Newswires) -- AstraZeneca ( AZN ) and Merck ( MRK ) said Tuesday their phase 3 study of Koselugo in adults with neurofibromatosis type 1 who have symptomatic, inoperable plexiform neurofibromas demonstrated a statistically significant and clinically meaningful objective response rate against placebo. Neurofibromatosis type 1 is a genetic condition in which about 30% to...

07:24 AM EST, 11/12/2024 (MT Newswires) -- Avadel Pharmaceuticals ( AVDL ) reported a Q3 loss Tuesday of $0.03 per diluted share, narrower than a loss of $0.41 a year earlier. Four analysts polled by Capital IQ expected a loss of $0.06. Revenue for the quarter ended Sept. 30 was $50 million compared with $7 million a year earlier. Analysts...

LONDON, Nov 12 (Reuters) - Former Credit Suisse bond trader Hamza Lemssouguer's main $3.7 billion fund at Arini jumped 23.4% through the end of October, benefiting from bets against European manufacturers facing U.S. and China headwinds, said a source and an investor letter. The year-to-date gains beat recent industry averages for hedge funds trading corporate debt, which have returned 9%...