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Pfizer shares sink after weak 2024 forecasts

Pfizer on Wednesday forecast 2024 sales that were as much as $5 billion below Wall Street expectations due mostly to declining demand for COVID vaccines and treatment, driving shares down 7% in premarket trading. The lower forecasts come a day after the drugmaker said it would reorganize its cancer division to include the acquisition of Seagen. The drugmaker's shares, which are already down over 44% this so far this year, were down 7% in premarket trading and set to erase over $10 billion...
United Kingdom Chris Boshoff Leroy Leo Arun Koyyur Wall Street Premarket Trading
Source: yahoo.com

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Lancer Insurance Company to Merge with Core Specialty

Lancer Insurance Company to Merge with Core Specialty - Lancer to operate as a separately managed Division of Core Specialty, retaining the Lancer brand and management team - Furthers Core Specialtys momentum in building the leading specialty insurance company - Dave Delaney, Lancers CEO, to join the Core Specialty Board - Deepens Core Specialtys participation in the commercial auto market, where rates have been escalating - Pro forma capital exceeds $1 billion News provided by Share this artic...
United States Dowling Hales Jeff Consolino Sam Reinhardt Fred Noonan Matthew Jenkins

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