LONDON/COPENHAGEN(Reuters) - Novo Nordisk said on Friday its experimental next-generation obesity drug CagriSema helped patients cut their weight by 22.7% in a late-stage trial, below the 25% it had expected, wiping as much as $125 billion off its market value. The lower-than-expected weight loss from the drug candidate deals a blow to the Danish company's ambitions for a successor to...

06:22 AM EST, 12/20/2024 (MT Newswires) -- Wall Street futures are leaning lower in Friday's pre-bell hours as traders brace for the release of personal consumption expenditures data for November, which serves as the Fed's preferred measure of underlying inflation. November data on Personal Income and Outlays in the US will be released at 8:30 am ET. Personal income is...

06:29 AM EST, 12/20/2024 (MT Newswires) -- STEP Energy Services ( SNVVF ) late on Thursday agreed with 659160 Alberta Ltd. and the limited partnerships comprising ARC Energy Fund 8 to terminate a deal to take STEP private for $5 per share. The companies decided on the termination after it became clear that the required minority shareholder approval could not...

Dec 20 (Reuters) - A takeover bid for Malaysia Airports Holdings by a consortium comprising the country's sovereign wealth fund and BlackRock's ( BLK ) Global Infrastructure Partners was deemed as viable for shareholders by the deal's financial adviser on Friday. HLIB is of the view that the offer is 'not fair' but 'reasonable', according to deal adviser Hong Leong...