Articles by James Calloway
Abbott Faces Regulatory Scrutiny on Libre Sensors as Insider Buying and New AFib Data Emerge
Abbott shares rose 1.6% to $110.83 Friday but remain 21.5% below their 52-week high. The FDA updated a Class I recall for FreeStyle Libre 3 sensors, citing 860 serious injuries and seven deaths, while an insider purchased 10,000 shares.
Novo Nordisk Shares Rebound as Hims Halts Wegovy Copycat After FDA Pressure
Novo Nordisk's Class B shares surged 5.3% after Hims & Hers discontinued its compounded Wegovy pill following U.S. regulatory warnings. The stock had dropped nearly 8% when the copycat launched.
Linde Shares Slide on 2026 Guidance, JPMorgan Downgrade
Linde stock fell 2.5% after issuing 2026 EPS guidance below consensus. JPMorgan downgraded the stock, while Morgan Stanley and UBS raised price targets.
T-Mobile Shares Dip Ahead of Key Financial Outlook and Earnings Report
T-Mobile US stock declined 2.2% to $197.39 Friday, underperforming the broader market as investors await the company's updated 2026-27 targets and Q4 earnings on Feb. 11.
Shell Announces Auditor Switch, Kazakhstan Investment Pause Amid Ongoing Buybacks
Shell has selected PwC as its new auditor starting in 2027 and will halt new investments in Kazakhstan due to legal disputes. The company continues its share repurchase program.
SAP Treasury Holdings Surpass 5% as €2.6 Billion Buyback Program Commences
SAP's treasury stock has exceeded 5% of share capital following the launch of a €2.6 billion share repurchase program. Investors are now looking ahead to the company's Integrated Report later this month.
L'Oréal Shares Dip Ahead of Annual Earnings Release
L'Oréal shares edged lower Friday, extending losses as investors await the cosmetics giant's 2025 annual results next week. The stock traded 319,000 shares in a tight range while the broader STOXX 600 gained.
IHC Issues Phishing Alert as Shares Hold Steady Near 400 Dirhams
International Holding Company warns investors of fraudulent emails using its branding, while its stock trades flat at 399.60 dirhams. UAE equities edged higher amid focus on geopolitics and oil.
McDonald's Shares Approach 52-Week Peak Ahead of Q4 Earnings
McDonald's stock rose 1.1% to $327.16, nearing its 52-week high, as investors await quarterly results and U.S. inflation data.
Applied Materials Surges 6% as Chip Stocks Rebound Ahead of Key Earnings
Applied Materials shares rallied 6.1% to $322.51 on Friday amid a broad semiconductor rebound. Investors now await the company's Q1 earnings report on February 12 and upcoming U.S. economic data.
Hermès Shares Steady Ahead of 2025 Annual Report, Investors Eye Demand and Currency Impact
Hermès shares held near €2,055 as the luxury giant prepares to release its 2025 results on February 12, with market focus on demand trends and currency effects.