Metsera Tumbles After Novo Pulls Out of Bidding War With Pfizer

Metsera Tumbles After Novo Pulls Out of Bidding War With Pfizer

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Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu

-Sam Fazeli, Bloomberg Intelligence, Director of Research for Global Industries and Senior Pharmaceuticals, discusses Metsera declining to further raise its offer for the US maker of an experimental weight-loss drug, bringing a bidding war with Pfizer Inc. to an end. Novo Nordisk A/S decided to drop out of the running for Metsera after Pfizer matched its latest offer and Metsera said it got a call from the US Federal Trade Commission flagging potential regulatory risks with the proposed Novo deal structure.

-Mandeep Singh, Global Tech Research Head at Bloomberg Intelligence, discusses the top tech stories. Taiwan Semiconductor Manufacturing Co. reported a 16.9% rise in sales for October, the slowest pace since February 2024. Separately, Nvidia Corp. Chief Executive Officer Jensen Huang said he had asked Taiwan Semiconductor Manufacturing Co. for more chip supplies as artificial intelligence demand remains strong.

-Jennifer Bartashus, Bloomberg Intelligence Senior Analyst, Retail Staples & Packaged Food, discusses Tyson Foods saying it expects profits to be little changed next year as its beef segment continues to lose money. The company's beef segment is expected to see an adjusted operating loss due to a severe cattle shortage that has driven up prices and constrained volumes.

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(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: Matt Hurlburt, Area Director of Operations for Kimpton Hotels & Restaurants, on the hospitality industry and the new Morrison House hotel in Alexandria. Broadcasting live from the Kimpton Morrison House Hotel in Alexandria, Virginia.See omnystudio.com/listener for privacy information.

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Commonwealth's McMillan on Need for Consumer Spending (Audio)

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(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: Brad McMillan, Chief Investment Officer for Commonwealth Financial Network, on how this week's economic numbers will impact stocks and markets, and his outlook for the Fed.See omnystudio.com/listener for privacy information.

16 Maj 201611min

Trex's Cline on Alternative Decking: Poised For Growth (Audio)

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16 Maj 201611min

Tradesy's DiNunzio on How Resale is Impacting Fashion (Audio)

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Bloomberg's Koons on Pfizer, Again's Kilduff on Oil  (Audio)

Bloomberg's Koons on Pfizer, Again's Kilduff on Oil (Audio)

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Elbow Beach Bermuda's Chef Serge Botelli (Correct)(Audio)

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16 Maj 20166min

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