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Category: Company Reports

BP Vows ‘Fundamental Reset’ in Strategy as Profit Plunges

BP Vows ‘Fundamental Reset’ in Strategy as Profit Plunges

Murray Auchincloss, the chief executive of the struggling energy giant BP, promised “a fundamental reset” of the company’s strategy on Tuesday while reporting disappointing earnings. The shift comes after a long period of lackluster share performance compared with its industry peers. BP’s share price has perked up in recent months, but its perceived weakness and […]
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Novo Nordisk Annual Sales Jump on Demand for Ozempic and Wegovy

Novo Nordisk Annual Sales Jump on Demand for Ozempic and Wegovy

Novo Nordisk, the Danish pharmaceutical company behind Ozempic and Wegovy, capped off a somewhat turbulent 2024, reporting profit and revenue on Wednesday that comfortably beat Wall Street expectations. But the drugmaker said it expected sales growth to slow in 2025, as competition increases. Novo Nordisk retains its title as Europe’s most valuable company, but its […]
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Category: Company Reports

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