Demand for life insurance has soared during the pandemic. But the industry is still grappling with how Covid-19 may affect underwriting assumptions.
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Goldman Sachs says this little-known biotech stock can double on potentially ‘blockbuster’ revenue
The firm expects a study on the company’s treatment for obesity will yield positive results.
Continue readingStocks making the biggest moves premarket: Designer Brands, Lands’ End, Salesforce and more
These are the stocks posting the largest moves before the bell.
Continue readingJPMorgan downgrades Victoria’s Secret, cites trouble for lingerie company’s core business
The firm noted that sales of intimates and apparel “lagged the balance of the business” amid a highly promotional environment.
Continue readingKroger hikes forecast after stronger grocery sales top estimates
Kroger raised its forecast after its earnings topped expectations, with inflation pushing up the prices that shoppers pay for groceries.
Continue readingWe’re locking in a big profit on our favorite retail stock after softer sales figures
We’re turning a little more cautious about the name in the short term just in case November marks the beginning of a comparable sales slowdown.
Continue readingUK banks told to break ‘class ceiling’ with new targets to boost diversity among senior hires
The U.K.’s financial services sector must do more to “break the ‘class’ ceiling,” according to a government-backed task force.
Continue readingSouth Korea’s SM Entertainment plans to set up its Southeast Asia headquarters in Singapore
South Korea’s SM Entertainment will be setting up its Southeast Asian headquarters in Singapore as part of its expansion plans in the region.
Continue readingAmazon CEO says Prime could become ‘standalone business,’ stands by layoffs
The CEO also highlighted shifts in consumer spending and made clear Amazon’s intention to continue expanding into the health-care space.
Continue readingNetflix CEO says he was slow to allow advertising because he was focused on Google and Facebook
Netflix founder and co-CEO Reed Hastings said he was slow to come around to advertising on the streaming platform because he was too focused on […]
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