ADVFN US – Market Content Editor
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Novo Nordisk Reports Wegovy Liver Fat Reduction in Obesity Trial Analysis
Novo Nordisk (NYSE:NVO) presented a post hoc analysis from a subgroup of its STEP UP trial showing reductions in liver fat among adults with obesity who did not have diabetes following treatment with Wegovy. The data were presented at the European Association for the Study of Diabetes Annual Meeting in Milan, Italy. The analysis included…
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Corteva Separation Into Two Companies Expected to Proceed October 1 After Court Ruling
Corteva, Inc. (NYSE:CTVA) said its planned separation into two independent publicly traded companies is expected to proceed on October 1, 2026, following a court ruling related to the transaction. The separation involves spinning off Corteva’s seed operating segment into a new independent company, Vylor Inc. The distribution is expected to be completed before 9:30 a.m.…
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Cardinal Health Extends CVS Health Pharmaceutical Distribution Agreement Through 2032
Cardinal Health (NYSE:CAH) has entered into a binding letter of intent to extend its pharmaceutical distribution agreement with CVS Health through June 30, 2032. The extended agreement will maintain the existing scope of distribution services provided by Cardinal Health to CVS Health. “We value our long-standing partnership with CVS Health and look forward to continuing…
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McCormick Shares Rise After Third-Quarter Earnings and Revenue Beat Estimates
McCormick & Company (NYSE:MKC) shares rose 4.79% in premarket trading after the flavour company reported third-quarter earnings and revenue above analyst expectations and reaffirmed its full-year outlook. McCormick reported adjusted earnings of $0.86 per share, exceeding the analyst consensus estimate of $0.76. Revenue increased 17.4% to $2.02 billion from $1.72 billion in the same period…
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Accenture Shares Rise After Fourth-Quarter Earnings and Revenue Beat Estimates
Accenture (NYSE:ACN) shares rose around 7% in premarket trading after the consulting and technology services company reported fourth-quarter earnings and revenue above analyst expectations and issued its outlook for fiscal 2027. For the quarter ended August 31, 2026, Accenture reported adjusted earnings of $3.29 per share, compared with the analyst consensus of $3.19. Revenue reached…
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Cognizant Shares Rise 7.2% Following Accenture Results
Cognizant Technology Solutions (NASDAQ:CTSH) shares rose 7.2% to $61.60 in premarket trading after Accenture (NYSE:ACN) reported fourth-quarter results above analyst expectations. Accenture shares gained around 18% after the company reported earnings and revenue that exceeded consensus estimates. Cognizant’s premarket price compared with a previous-session close of $57.44. Broader US Market Trades Higher The wider US…
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ServiceNow Shares Rise 2.5% as Company Co-Hosts Enterprise AI Summit
ServiceNow (NYSE:NOW) shares rose 2.5% to $137.40 in premarket trading as the company co-hosted the Fortune AIQ Summit at the New York Stock Exchange, an event focused on the deployment and scaling of artificial intelligence within businesses. The one-day summit is centred on practical applications of AI across enterprises, providing ServiceNow with an opportunity to…
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Rocket Lab Shares Rise 5.2% After Synspective Launch Agreement
Rocket Lab Corp (NASDAQ:RKLB) shares rose 5.2% to $73.27 in premarket trading after the company announced a 20-mission Electron launch agreement with Tokyo-based Earth observation company Synspective. The agreement, which Rocket Lab described as its largest single commercial launch contract to date, covers 20 StriX synthetic aperture radar satellites. The satellites are scheduled to launch…
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Synopsys Shares Rise 2.5% After Investor Day Announcements
Synopsys (NASDAQ:SNPS) shares rose 2.5% in premarket trading following a series of announcements made at the company’s 2026 Investor Day in New York. The announcements included a multi-year agreement with Amazon Web Services valued at more than $1 billion, a strategic partnership with OpenAI, a share repurchase programme and an increase to Synopsys’ fiscal 2027…
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Lyft Agrees $272.5 Million Settlement Over California Driver Classification Claims
Lyft, Inc. (NASDAQ:LYFT) reached a $272.5 million settlement agreement on September 30 to resolve allegations that it misclassified drivers in California as independent contractors. The settlement covers allegations relating to the period from April 5, 2016, through December 15, 2020. It was reached with the State of California, represented by the California Attorney General and…