Novo Falls by Record After Wegovy Maker Slashes Forecast, Names New CEO

Novo Falls by Record After Wegovy Maker Slashes Forecast, Names New CEO

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Bloomberg Intelligence hosted by Paul Sweeney and Isabelle Lee

-Michael Shah, Bloomberg Intelligence Senior Pharma-Biotech Analyst, discusses Novo Nordisk shares falling by a record. The company named Maziar Mike Doustdar as chief executive officer after a profit warning due to slumping weight-loss drug sales.

-Lee Klaskow, Bloomberg Intelligence Senior Transport, Logistics and Shipping Analyst, discusses Union Pacific agreeing to acquire Norfolk Southern in a $72 billion cash-and-stock transaction, forming the only US transcontinental railroad.

-George Ferguson, Bloomberg Intelligence Senior Aerospace, Defense, & Airlines Analyst, discusses earnings from Boeing and JetBlue. Boeing almost halted its cash burn in the second quarter, generating cash from operations for the first time since 2023 and consuming just $200 million in free cash flow. JetBlue Airways shares climbed after the carrier posted a smaller-than-expected loss in the second quarter as demand rebounded and efforts to turn around the struggling carrier gained traction.

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Episoder(3398)

UMB's Kemper, Hagedorn: Reserves Protect Energy Exposure(Audio)

UMB's Kemper, Hagedorn: Reserves Protect Energy Exposure(Audio)

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Craig Johson: Consumer Is a Lot Worse Than Experts Think(Audio)

Craig Johson: Consumer Is a Lot Worse Than Experts Think(Audio)

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Bloomberg's Halperin Sees Unruly Democratic Convention (Audio)

Bloomberg's Halperin Sees Unruly Democratic Convention (Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox.\u0010\u0010GUEST:\u0010Mark Halperin, co-author of “Game Change” and co-host of Bloomberg TV’s “With All Due Respect,” highlights political...

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Bloomberg BNA's Penn on DOL Ruling on Overtime Threshold(Audio)

Bloomberg BNA's Penn on DOL Ruling on Overtime Threshold(Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox.\u0010\u0010GUEST:\u0010Ben Penn, Bloomberg BNA Labor reporter, on the Department of Labor's Ruling to double salary threshold for overtime ...

18 Mai 20164min

Stifel's Piegza Sees June Hike Likely If Data Supports (Audio)

Stifel's Piegza Sees June Hike Likely If Data Supports (Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: FED IN FOCUS: Lindsey Piegza, Chief Economist at Stifel Nicolaus & Co., on the Fed's April minutes, oil, and China.See omnystudio.co...

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Amherst's Stanley on FOMC Minutes: 'Angry Birds' at Fed (Audio)

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McEnearney's Howell on Urban Housing Shift Back to D.C. (Audio)

McEnearney's Howell on Urban Housing Shift Back to D.C. (Audio)

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Bloomberg's Wilson on Winners, Losers, Stock of the Day (Audio)

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