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AbbVie beats estimates as Humira sales fall less than feared

AbbVie beats estimates as Humira sales fall less than fearedShares of the company, which also raised its full-year adjusted earnings forecast, were up nearly 3 percent before the opening bell. Humira saw sales drop for the first time in years largely due to competition from new, cheap rivals. Humira sales have accounted for the bulk of AbbVie's total revenue for years and the drug has grown to become the world's best-selling prescription medicine.

Thu, 25 Apr 2019 09:01:19 -0400
No Egg, No Sperm, No Problem for CR Fashion Book Issue 14

No Egg, No Sperm, No Problem for CR Fashion Book Issue 14The end of sex and the possibility of uniparenting spells doom for traditional reproduction and beckons debate sooner, not later

Thu, 25 Apr 2019 09:00:00 -0400
Gilead's NASH drug fails to meet late-stage study goal

Gilead's NASH drug fails to meet late-stage study goalGilead Sciences Inc's experimental drug aimed at treating fatty liver disease NASH failed to meet the main goal of a late-stage study on Thursday, two months after it failed another. The trial was testing the drug, selonsertib, in patients with a form of fibrosis, called bridging, caused by NASH or Nonalcoholic Steatohepatitis. The drug did not show an improvement in fibrosis symptoms, Gilead said.

Thu, 25 Apr 2019 08:41:08 -0400
Ugandan mum of multiple quadruplets struggles to provide for 38 kids

Ugandan mum of multiple quadruplets struggles to provide for 38 kidsThree years ago, however, the 39-year-old Ugandan was abandoned by her husband, leaving her to support their surviving 38 children alone. It was just the latest setback in a life marred by tragedy for Nabatanzi, who lives with her children in four cramped houses made of cement blocks and topped with corrugated iron in a village surrounded by coffee fields 50 km (31 miles) north of Kampala.

Thu, 25 Apr 2019 08:35:27 -0400
The robot that helped extinguish the Notre-Dame fire

The robot that helped extinguish the Notre-Dame fireOne of the tools that the Paris Fire Brigade used to contain the Notre-Dame blaze was a firefighting robot.Developed by Shark Robotics, Colossus is designed to be deployed in environments that are too hot and dangerous for human firefighters to operate. Read more...More about Robots, Mashable Video, Robot, Fire, and Firefighters

Thu, 25 Apr 2019 08:26:50 -0400
Brent oil hits $75 for first time in 2019 as Russian exports cut

Brent oil hits $75 for first time in 2019 as Russian exports cutBrent oil rose above $75 per barrel on Thursday for the first time this year as quality concerns forced the suspension of some Russian crude exports to Europe while the United States prepared to tighten sanctions on Iran. Brent crude futures were at $75.24 by 1156 GMT, up 67 cents. U.S. attempts to drive Iranian oil exports down to zero also boosted prices.

Thu, 25 Apr 2019 08:12:33 -0400
Climate activists block entrance to London Stock Exchange

Climate activists block entrance to London Stock ExchangeLONDON (AP) Environmental activists who have disrupted the British capital for 10 days blocked the main entrance to the London Stock Exchange on Thursday, gluing themselves to the doorway while wearing LED displays reading "climate emergency."

Thu, 25 Apr 2019 08:01:12 -0400
Sudan risks counter coup without deal on transition: opposition leader

Sudan risks counter coup without deal on transition: opposition leaderSudan could face a counter coup if military rulers and the opposition do not reach agreement on a transition of power, leading opposition figure Sadiq al-Mahdi said on Thursday. Mahdi said he believed Sudan's military council would hand over power to civilians if the current stalemate were broken. "I think their intentions are good," he said of the army generals who toppled President Omar Hassan al-Bashir on April 11, three decades after he himself seized power in a coup, and then formed the Transitional Military Council (TMC).

Thu, 25 Apr 2019 07:32:06 -0400
Bristol-Myers profit slightly tops Wall Street view on blood thinner sales

Bristol-Myers profit slightly tops Wall Street view on blood thinner salesU.S drugmaker Bristol-Myers Squibb Co, which is set to buy biotechnology company Celgene Corp for $74 billion, posted slightly better-than-expected first-quarter earnings on Thursday on strong sales of its blockbuster blood thinner Eliquis. Bristol said it still expects the deal to close in the third quarter, after its shareholders voted to approve the deal earlier this month despite a campaign by activist hedge fund Starboard Value LP to scuttle it.

Thu, 25 Apr 2019 07:11:50 -0400
Facebook Bulls Grow More Emphatic as Zuckerberg Delivers

Facebook Bulls Grow More Emphatic as Zuckerberg DeliversMore than ten firms raised their price targets on the stock, while UBS upgraded its view, reinforcing the dominance of Facebook bulls on Wall Street, where roughly 80 percent of the analyst ratings are buy-equivalents. The average price target currently stands at around $212, according to data compiled by Bloomberg, up from $198 on Tuesday.

Thu, 25 Apr 2019 07:08:27 -0400
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