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Pfizer tops Q1 forecasts; vaccine sales slide as expected

Published Tue, 05 Nov 2024 03:53:22 GMT

Pfizer topped Wall Street expectations Tuesday even as sales of its top-selling COVID-19 vaccine crumbled in the first quarter. Revenue from Pfizer’s Comirnaty vaccine fell 77% to $3 billion in the first three months of the year, compared with more than $13 billion during the same stretch last year.The drop was widely expected because the drugmaker is moving this year from supplying governments through big contracts to selling the vaccine on the commercial market. Pfizer expects sales from Comirnaty to drop 64% this year and revenue from its market-leading COVID-19 treatment Paxlovid to slide 58% due to this shift. Sales of Paxlovid actually jumped past $4 billion in the first quarter, largely due to the timing of a final delivery for Pfizer’s U.S. government contract. Pfizer expects commercial sales for both to kick in later this year, after leftover government inventory is absorbed.Both the vaccine and treatment have generated billions in revenue for Pfizer over the last sev...

Agco: Q1 Earnings Snapshot

Published Tue, 05 Nov 2024 03:53:22 GMT

DULUTH, Ga. (AP) — DULUTH, Ga. (AP) — Agco Corp. (AGCO) on Tuesday reported first-quarter net income of $232.6 million.The Duluth, Georgia-based company said it had profit of $3.10 per share. Earnings, adjusted for non-recurring costs, were $3.51 per share.The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $2.64 per share.The farm equipment maker posted revenue of $3.33 billion in the period, also surpassing Street forecasts. Eight analysts surveyed by Zacks expected $3.15 billion.Agco expects full-year earnings to be $14.40 per share, with revenue expected to be $14.5 billion.Agco shares have declined 10% since the beginning of the year. The stock has fallen 2% in the last 12 months._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AGCO at https://www.zacks.com/ap/AGCOSource

Peyton Manning appears in this new Netflix show

Published Tue, 05 Nov 2024 03:53:22 GMT

DENVER (KDVR) -- If you are scrolling through Netflix trying to find something to binge watch, there is a new show out with appearances from Denver Broncos' Ring of Famer and Pro Football Hall of Famer, Peyton Manning.The show is called "King of Collectables: The Goldin Touch". Think of it like "Pawn Stars" meets "Storage Wars.""Ken Goldin and his savvy team run the thrilling action in this series that goes inside a leading auction house specializing in rare collectibles," Netflix shared in the description of the show.Manning is actually an executive producer of the show and appears during a FaceTime call on one episode. Happy Birthday, Peyton Manning; 10 facts about the sheriff In episode five, Goldin visits a Denver store and Manning shows up to talk about one of his jerseys. There are several other times throughout the show where famous athletes and celebrities make appearances, including Drake, Karl Malone, Mike Tyson, Ric Flair, and Logan Paul."King of Collectables" premiered...

Florida golfer arrested for attacking man walking on cart path of golf course

Published Tue, 05 Nov 2024 03:53:22 GMT

LAKE COUNTY, Fla. (WSVN) — A golfer on a Florida course was arrested and accused of using a golf club to beat another man, according to the Lake County Sheriff’s Office. The victim, Joseph Sivak, sustained several injuries, including broken ribs, fractured cheekbones, and stitches in his ear.The incident happened when Sivak and his wife were taking their regular walk around the neighborhood and briefly crossed the cart path. “Just heard somebody screaming, swearing at us, coming up really fast behind us,” Sivak said.After arguing, golfer Eddie Orobitg spat in Sivak’s face and hit him with his fists and the golf club. He lost consciousness while Ororbitg attacked him.“I nearly died, that’s the thing that scared me,” said Sivak.He added that the incident has shattered his worldview of the neighborhood and it would be hard to regain any trust.“Had he been struck just in the right place it could have been much, much worse,” said Lt. ...

New text alert service aims to prevent Boston residents from being towed

Published Tue, 05 Nov 2024 03:53:22 GMT

A new text alert service is aiming to to prevent Bostonians from being towed.The free, resident-created service Tow Zone Alert allows drivers to register their license plate and receive automated text messages if their vehicle is parked illegally. Users can also alert other drivers who are registered.The creators hope that it will help people navigate the confusing street cleaning schedules.“A lot of the street cleaning schedules say that there’s street cleaning on the first Monday or weekday of the month on the even sides and the second and the fourth weekdays on the odd sides,” said Tow Zone Alerts founder Eli Silvert. “If we’ve made a mistake in terms of where we’ve parked, if a neighbor or even a ticket maid could give us a reminder, we think that’s helpful,” he added. Residents who are interested in signing up for the alert service can do so on the Tow Zone Alerts website.

City of Providence suing social media platforms for harming children’s mental health

Published Tue, 05 Nov 2024 03:53:22 GMT

The City of Providence, Rhode Island is suing social media platforms, claiming that they harm children’s mental health.The lawsuit, filed in U.S. District Court, accuses companies like Instagram, Facebook, and TikTok of seeking to maximize profits while disregarding the harm that they cause to minors. The city claims these companies purposefully manipulate their useers and feed into addictive design models. Providence is asking for financial compensation and a jury trial.

Met Gala 2023 fashion: The best looks from the red carpet

Published Tue, 05 Nov 2024 03:53:22 GMT

(CNN) — It’s the first Monday of May, which means the Met Gala is back, with A-Listers descending upon the Metropolitan Museum of Art in New York City for fashion’s most extravagant night.While last year’s theme leaned into the lavishness of the Gilded Era, this year is focusing on a different legacy of luxury: “In honor of Karl” is a tribute to the life and career of Karl Lagerfeld, the powerhouse — and often controversial — designer who transformed some of fashion’s most famous houses. Lagerfeld became synonymous with Chanel in the decades he served as creative director, and when he died in 2019, at age 85, he was still helming Chanel and Fendi, where he led design for more than half a century, as well as his own eponymous label.The Met Gala theme is based on the Costume Institute’s spring show “Karl Lagerfeld: A Line of Beauty,” which is a posthumous retrospective of the Germa...

Front office weighs when to promote prospects as Chicago Cubs — and a bloodied Dansby Swanson — shake off sweep with 5-1 win

Published Tue, 05 Nov 2024 03:53:22 GMT

The image of blood dripping near the right eyebrow of Chicago Cubs shortstop Dansby Swanson on Monday night invoked the play-through-anything reputation he has developed during his career.This isn’t the first time Swanson’s helmet cut him. This time, as he slid headfirst into second base for a one-out double in the third inning of the Cubs’ 5-1 win versus the Washington Nationals, the helmet popped off and became pinned against second baseman Luis Garcia’s leg, cutting Swanson as Garcia turned to apply the tag.It prompted a brief delay as manager David Ross applied pressure to the small gash to stop the bleeding while a Cubs trainer put on medical gloves to bandage the spot.“I guess I can add that to my resume,” Ross quipped.Swanson joked with Ross that he had been watching too much Stanley Cup playoff hockey lately.“I’m 0-for-3 in terms of wins against a helmet,” Swanson said. “So unfortunately this is nothing new. As soon...

Stock market today: Wall Street subdued before Fed meeting

Published Tue, 05 Nov 2024 03:53:22 GMT

TOKYO — Wall Street inched lower before the bell Tuesday ahead of what many hope will be the last interest rate hike by the U.S. Federal Reserve for some time. Futures for the Dow Jones industrials ticked down 0.2% before the bell and the S&P 500 slipped 0.1%, with the response to the third failure of a sizeable U.S. bank on Monday muted. Investors appear more focused on the next moves at the Federal Reserve, which begins a two-day meeting Tuesday. Most economists expect the Fed to raise short-term rate by another quarter of a percentage point, up to a range of 5 to 5.25% from virtually zero early last year.The Fed has been raising rates sharply in hopes of getting high inflation under control. But high rates are a notoriously blunt tool that slow the entire economy, raise the risk of a recession and hurt prices for investments. They also contributed to the recent turmoil in the financial sector, particularly for banks top heavy with rate sensitive investments like bonds. If ban...

Fans to crowd downtown streets, bars as Maple Leafs host plucky Panthers

Published Tue, 05 Nov 2024 03:53:22 GMT

Fans will pack downtown streets and bars across the GTA as the Toronto Maple Leafs embark on the next leg of their journey to the Stanley Cup.An expanded Maple Leafs Square will allow more fans to crowd around Scotiabank Arena ahead of puck drop against the visiting Florida Panthers on Tuesday night. Meanwhile, bar and restaurant owners in the city are happily bracing for a continued business boom as euphoric hockey fans celebrate the team’s longest playoff run in nearly two decades.Here’s what you need to know ahead of round two of the Stanley Cup playoffs.Toronto favoured by most to move onIt may be uncharted territory for this particular group of Leafs players, but that isn’t stopping most pundits from picking Toronto as the favourites in the second round series against the Panthers.The Leafs dispelled of the Tampa Bay Lightning in six games despite getting outplayed through large stretches of the series. Will the team look different in round two with the pressu...