News Highlights: Top Company News of the Day - Friday at 9 AM ET

Dow Jones12-20 22:00
 
Novo Nordisk Shares Plunge After New Obesity Shot Disappoints 
 

Shares in the company dived after a new anti-obesity treatment missed expectations in a study, denting its chances of becoming the company's next blockbuster weight loss drug.

 
EU Approves Nvidia's Run:ai Takeover 
 

Nvidia's takeover of Israeli streamlining provider Run:ai cleared a key regulatory hurdle with EU approval without conditions.

 
Synopsys' Bid for Ansys Faces In-Depth U.K. Probe Unless Remedies Quell Antitrust Concerns 
 

The U.K. Competition and Markets Authority said it would launch an in-depth probe into Synopsys' $35 billion acquisition of Ansys, unless the chip-sector companies can offer a deal that eases the regulator's concerns.

 
What Switzerland Should Have Done to Save Credit Suisse 
 

The Swiss regulator investigated Credit Suisse over and over again, but never took adequate action, according to a parliamentary commission.

 
U.S. Insurer Aflac Keeps Eye on Japan Market as Others Turn Overseas for Growth 
 

The CEO says addressing youth demand in Japan will be key to adapting to tough demographics and a higher-rate environment.

 
GE Made Spinoffs Cool Again. FedEx Is Joining the Club. 
 

For every GE Vernova, up 154%, there is a Kenvue, which has dropped more than 20%, or a Solventum, which has fallen 17%.

 
MicroStrategy Stock's Momentum Is Fading Fast. A S&P 500 Addition Seems Unlikely. 
 

MicroStrategy's stock premium to its Bitcoin holdings has been shrinking, which could continue to trouble the company.

 
What's Behind Micron's Stock Stumble-and What Comes Next 
 

Micron told investors that it expects revenue to fall 9% sequentially in its fiscal second quarter.

 
Trump Transfers Entire $4 Billion Truth Social Stake to His Revocable Trust 
 

Donald Trump has transferred all 114.75 million of his shares in Trump Media & Technology, Truth Social's parent company, to a revocable trust in his control.

 
The Risky Strategy Behind Nike's Massive Holiday Discounts 
 

The sneaker giant's new CEO is trying to clear out inventory, pressuring retailer partners.

 
 

(END) Dow Jones Newswires

December 20, 2024 09:00 ET (14:00 GMT)

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