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U.S. STOCKS 3M, VF Corp, SiriusXM

BUZZ-U.S. STOCKS ON THE MOVE-3M, VF Corp, SiriusXM Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street lost ground on Monday, retreating after a strong rally the previous week, as investors awaited earnings from major companies to gauge whether equities would sustain their recent run to record highs.
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Biotech M&A to show less 'fire power' in 2024 due to low-valued deals

LIVE MARKETS-Biotech M&A to show less 'fire power' in 2024 due to low-valued deals Main U.S. indexes red; Dow off most, down ~0.8% Real Estate weakest S&P sector; Tech sole gainer Dollar up; crude gains ~2%; gold ~flat; bitcoin down ~2.5% U.S. 10-Year Treasury yield jumps to ~4.18% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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U.S. STOCKS Howmet Aerospace, Alaska Air, Arcus Biosciences

BUZZ-U.S. STOCKS ON THE MOVE-Howmet Aerospace, Alaska Air, Arcus Biosciences Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes were subdued on Monday as investors took a breather after the previous week's rally, awaiting results from major companies that could influence whether markets would sustain their record highs or decline.
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U.S. STOCKS BioAge Labs, Piedmont Lithium, United Parcel Service

BUZZ-U.S. STOCKS ON THE MOVE-BioAge Labs, Piedmont Lithium, United Parcel Service Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes were poised to dip on Monday following the previous week's rally, ahead of major earnings reports that could influence whether indexes retreat from record highs or sustain the momentum.
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Guggenheim expects blockbuster Q3 sales for Pfizer's COVID products

BUZZ-Guggenheim expects blockbuster Q3 sales for Pfizer's COVID products ** Brokerage Guggenheim forecast more than $1 billion in third-quarter sales for Pfizer's PFE.N COVID vaccine Comirnaty and antiviral treatment Paxlovid driven by increased demand ** Guggenheim forecast Q3 sales of $1.65 bln for Paxlovid vs $435 mln consensus estimates, boosted by robust prescription volumes and delivery of 1 million courses to the U.S.
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Starboard takes stake in consumer products maker Kenvue, sources say

UPDATE 1-Starboard takes stake in consumer products maker Kenvue, sources say Adds details on investment, background on Kenvue By Svea Herbst-Bayliss Oct 20 (Reuters) - Hedge fund Starboard Value has taken a stake in Kenvue KVUE.N , the consumer products company that makes Band-Aid, Listerine, and Tylenol, and which went public last year, two people familiar with the matter said on Sunday.
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FDA asks Texas court to shut down 19 vaccine records lawsuit

UPDATE 1-FDA asks Texas court to shut down COVID-19 vaccine records lawsuit Adds comment from FDA, plaintiff in paragraphs 7-9 By Mike Scarcella Oct 18 (Reuters) - The U.S. Food and Drug Administration has asked a federal judge in Texas to throw out a public records lawsuit related to COVID-19 vaccines, arguing that it has already spent more than $3.5 million to produce more than 1 million documents in the case.
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FDA asks Texas court to shut down 19 vaccine records lawsuit

FDA asks Texas court to shut down COVID-19 vaccine records lawsuit By Mike Scarcella Oct 18 (Reuters) - The U.S. Food and Drug Administration has asked a federal judge in Texas to throw out a public records lawsuit related to COVID-19 vaccines, arguing that it has already spent more than $3.5 million to produce more than 1 million documents in the case.
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Merck's RSV antibody for infants effective in reducing some types of infections in study (Oct 17)

CORRECTED-Merck's RSV antibody for infants effective in reducing some types of infections in study (Oct 17) Corrects headline, paragraph 1 and 2 in Oct. 17 story to show the drug reduced medically attended lower respiratory infections, not all lower respiratory infections Oct 17 (Reuters) - Merck MRK.N said on Thursday its experimental antibody therapy, clesrovimab, demonstrated a 60.4% effectiveness in reducing some types of respiratory syncytial virus (RSV)-associated infections in infants.
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Consumer groups ask FTC to block Novo Holdings-Catalent deal

UPDATE 7-Consumer groups ask FTC to block Novo Holdings-Catalent deal Consumer groups and unions express competition concerns to FTC Deal could limit options for competitors developing GLP-1 drugs Concerns also raised about impact on gene therapy manufacturing Adds Novo Holdings comment in paragraph 7 By Jody Godoy and Maggie Fick NEW YORK, Oct 18 (Reuters) - U.S.
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Consumer groups ask FTC to block Novo Holdings-Catalent deal

Consumer groups ask FTC to block Novo Holdings-Catalent deal Consumer groups and unions express competition concerns to FTC Deal could limit options for competitors developing GLP-1 drugs Concerns also raised about impact on gene therapy manufacturing By Jody Godoy, Maggie Fick NEW YORK, Oct 17 (Reuters) - Five U.S. consumer groups and two large labor unions urged the U.S.
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Northwestern sues Moderna for patent infringement over 19 vaccines

Northwestern sues Moderna for patent infringement over COVID-19 vaccines By Blake Brittain Oct 16 (Reuters) - Moderna MRNA.O was hit with a new patent lawsuit on Wednesday in Delaware federal court from Northwestern University, which accused the company of misusing the school's innovations to develop its blockbuster COVID-19 vaccine Spikevax. The lawsuit said Moderna uses Northwestern-developed lipid nanoparticle (LNP) technology without a license in Spikevax shots to transport fragile messenger
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US FDA pauses Novavax's trial of combo flu shot on safety concerns

UPDATE 4-US FDA pauses Novavax's trial of combo COVID-flu shot on safety concerns Adds analyst comment in paragraphs 7 and 11; Sanofi's response in paragraph 10 By Bhanvi Satija Oct 16 (Reuters) - The U.S. Food and Drug Administration has put on hold a trial of Novavax's NVAX.O COVID-influenza and its standalone flu vaccines after a participant who took the combination shot reported nerve damage, the company said on Wednesday.
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An Van Gerven Is Appointed President Of Pfizer Canada

BRIEF-An Van Gerven Is Appointed President Of Pfizer Canada Oct 15 (Reuters) - Pfizer Canada: AN VAN GERVEN IS APPOINTED PRESIDENT OF PFIZER CANADA Source text for Eikon: ID:nCNW9TK6Ba Further company coverage: []
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GSK sues Moderna for US patent infringement over COVID, RSV vaccines

UPDATE 2-GSK sues Moderna for US patent infringement over COVID, RSV vaccines Moderna to defend against GSK's claims, spokesperson says GSK seeks unspecified monetary damages from Moderna Adds information about RSV vaccine claims in paragraphs 1 and 6 By Blake Brittain Oct 15 (Reuters) - British drugmaker GlaxoSmithKline GSK.L sued Moderna MRNA.O in U.S.
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Pfizer taps Vanguard veteran for board amid fight with Starboard

Pfizer taps Vanguard veteran for board amid fight with Starboard By Svea Herbst-Bayliss NEW YORK, Oct 15 (Reuters) - Pfizer appointed a former chief executive officer at Vanguard, the drug giant's biggest investor, to its board on Tuesday as it faces pressure from activist hedge fund Starboard Value. Mortimer "Tim" Buckley served as Vanguard's chairman and chief executive until this year when he announced his retirement.
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GlaxoSmithKline sues Moderna for US patent infringement over COVID vaccines

GlaxoSmithKline sues Moderna for US patent infringement over COVID vaccines Oct 15 (Reuters) - GlaxoSmithKline GLAX.NS sued Moderna MRNA.O in Delaware federal court on Tuesday for allegedly violating GSK's patent rights in messenger RNA (mRNA) technology with its blockbuster COVID-19 vaccine Spikevax. The lawsuit said Moderna's lipid nanoparticles for transporting mRNA into the human body infringe several GSK patents covering similar innovations.
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U.S. stocks weekly: Birthday bull

REFILE-RPT-BUZZ-U.S. stocks weekly: Birthday bull Repeats from Friday with no changes, refiles to adjust format ** S&P 500 .SPX advances fifth straight week, adds 1.1% as earnings season gets underway .N ** This as the bull market hits a birthday , and it still may be young at heart ** Indeed, SPX scores new highs, and has now posted its 45th record closing high so far this year ** Benchmark U.S.
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U.S. stocks weekly: Birthday bull

BUZZ-U.S. stocks weekly: Birthday bull ** S&P 500 .SPX advances fifth straight week, adds 1.1% as earnings season gets underway .N ** This as the bull market hits a birthday , and it still may be young at heart ** Indeed, SPX scores new highs, and has now posted its 45th record closing high so far this year ** Benchmark U.S. 10-year Treasury yield US10YT=RR forges back over 4%, but streak may have it stretched to the upside ** Majority of sectors celebrate: Technology and Industrials party most,
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US FDA approves Pfizer's drug for rare bleeding disorder

UPDATE 2-US FDA approves Pfizer's drug for rare bleeding disorder Adds analyst estimates in paragraph 6, trial details in paragraph 8, and other treatments in paragraph 5, 10 and 11 By Sruthi Narasimha Chari and Christy Santhosh Oct 11 (Reuters) - The U.S. Food and Drug Administration approved Pfizer's PFE.N once-a-week injection for the two main types of a rare bleeding disorder called hemophilia, the company said on Friday.
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