News Highlights: Top Company News of the Day - Friday at 11 AM ET

Dow Jones12-21 00:00
 
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.

 
Netflix Scores Next Two FIFA Women's World Cups 
 

The streaming service will have the exclusive U.S. rights to the 2027 and 2031 tournaments.

 
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.

 
Volkswagen Says Progress Made in Labor Talks, But No Agreement Reached 
 

Volkswagen said talks with labor representatives in Germany are making progress, but the parties haven't reached an agreement on a restructuring plan for the group's domestic operations.

 
Carnival Stock Jumps After Earnings. Why It's Cruising Into 2025. 
 

The travel stock looks set to chart a smooth course for the coming year. Management said it expects net income to rise 20% in 2025.

 
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 Probe in U.K. 
 

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%.

 
 

(END) Dow Jones Newswires

December 20, 2024 11:00 ET (16:00 GMT)

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