Boston Scientific To Acquire Axonics For About $3.7 Bln

[ad_1] Boston Scientific will acquire Axonics for about $3.7 billion in cash. The companies said on Monday that Axonics had agreed to be bought for $71 a share. Boston Scientific…

Broadcom’s Software Makeover Doesn’t Fully Mask Chip Swings

[ad_1] Broadcom Chief Executive Hock Tan isn’t someone who finds blowing money appetizing. But that $40,000 dinner seems to have gone down well.  That was the reported cost for Tan…

Hundreds of Palestinians Evacuate Gaza’s Largest Hospital as Israel Tightens Control

[ad_1] Listen to article (2 minutes) Hundreds of patients, medical staff and displaced people began evacuating the besieged Al-Shifa Hospital in Gaza City on Saturday, as the Israeli military tightens…

Obesity Drugs Put These Stocks on a Crash Diet—Now They’re Rebounding

[ad_1] There is a bit of cognitive dissonance in healthcare investing right now. After reviewing the highly anticipated results from a study of Novo Nordisk’s blockbuster obesity treatment Wegovy released…

WSJ News Exclusive | LVMH to Buy Eyewear Brand Favored by the Stars

[ad_1] PARIS—LVMH Moët Hennessy Louis Vuitton has agreed to buy Los Angeles-based eyewear maker Barton Perreira, part of the luxury conglomerate’s push to extend its reach to goods with mass-market…

GE Healthcare Discloses Potential Foreign Bribery Violations in China

[ad_1] General Electric spinoff GE HealthCare Technologies said it reported potential foreign bribery violations in some of its operations in China to U.S. regulators.  GE HealthCare found “tender irregularities and…

Royal Philips Raises Guidance After Swinging to 3Q Profit

[ad_1] Updated Oct. 23, 2023 2:32 am ET Royal Philips raised its full-year guidance after swinging to net profit for the third quarter of the year on higher sales, with…

EssilorLuxottica Upbeat on Mid-Term Targets Despite Slowing Growth

[ad_1] Oct. 19, 2023 12:57 pm ET EssilorLuxottica’s revenue growth slowed in the third quarter amid sluggish sales of sunglasses, but the company backed its longer-term financial targets. The Franco-Italian…

3M, Jabil, Hawaiian Electric, Boston Scientific, XPeng, Nvidia, and More Stock Market Movers

[ad_1] 3M (ticker: MMM) rose 5.3% following a report from The Wall Street Journal that said the company and plaintiffs attorneys were nearing a settlement in which 3M would pay…