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The vaccine brought Moderna revenue of $1.73 billion in the first quarter, and Moderna expects to deliver more doses in the April-to-June period.
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 Moderna Inc. said Thursday that initial data from the study evaluating its COVID-19 vaccine in teens between the ages of 12 and 17 years old showed an efficacy rate of 96%, with no serious safety concerns. The Phase 2/3 clinical trial is testing the vaccine in 3,235 teens who have received at least one shot in the two-dose regimen and have not previously been infected with SARS-CoV-2. "Because the incidence rate of COVID-19 is lower in adolescents, the case definition is less stringent ... resulting in vaccine efficacy against milder disease," Moderna said in its earnings release. Pfizer Inc. is expected to have its emergency authorization for its COVID-19 vaccine expanded sometime in the next week to include 12 to 15 year olds. Data from Pfizer's study showed an efficacy rate of 100% in 2,260 teens who have had or not had COVID-19. Moderna's stock is up 55.8% for the year, while the S&P 500 has gained 10.9%.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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U.S. stock index futures were flat early Thursday as contracts tied to the Dow Jones Industrial Average fell less than 20 points.
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Shares of ViacomCBS Inc. surged 2.9% in premarket trading Thursday, after the media and entertainment company reported first-quarter profit and revenue that rose above expectations, boosted by a 65% jump in streaming revenue. Net income rose to $911 million, or $1.44 a share, from $516 million, or 84 cents a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share rose to $1.52 from $1.12, to beat the FactSet consensus of $1.23. Revenue grew 14% to $7.41 billion, above the FactSet consensus of $7.32 billion. Streaming revenue rose 65% to $816 million, with global streaming subscribers increasing 20% to 36 million. On the company's Paramount streaming platform, the biggest drivers of subscription sign ups were live sports and specials, as well as kids content. TV Entertainment revenue rose 19% to $3.51 billion, cable network revenue grew 14% to $3.26 billion and filmed entertainment revenue rose 23% to $997 million. ViacomCBS's stock has tumbled 27.7% over the past three months but has gained 4.9% year to date, while the S&P 500 has tacked on 11.0% this year.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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 Buy the top stocks in an ETF shortly before it rebalances its portfolio.
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Here's just how much people have stopped talking about Trump on Facebook and Twitter Vox.comFacebook tried to punt the Trump decision. That backfired CNN Trump ban: Republicans threaten to break up Facebook after Oversight Board decision Fox NewsOpinion | Good Riddance to Trump on Facebook? The New York TimesThe only decision Facebook should make on Trump CNN
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The Dow Jones Industrial Average look set to rise slightly Thursday but the broader market is shaky after a report on jobless claims hit the lowest level in the COVID era, ahead of the nonfarm payrolls report for April due on Friday.
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The stock at best is worth just $231 today - a 54% downside.
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 Discover how to activate your network and increase your credibility.
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Vaccine makers Pfizer , BioNTech and Moderna each traded lower by 3% to 5% in premarket trade on Thursday, following the announcement from U.S. Trade Representative Katherine Tai that the U.S. supports the waiver of intellectual-property protections on COVID-19 vaccines. Another maker of COVID-19 vaccines, AstraZeneca , was flat in London trade. Moderna also is scheduled to report earnings on Thursday.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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Scottish Election Could Boost Independence Movement The New York TimesScottish independence 'front and center' in May 6 election The Washington PostUK votes in elections that could expose divides and strengthen a push for Scottish independence CNBCNicola Sturgeon Faces Scotland's Feminist Schism The Atlantic
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Melinda Gates reportedly rented private island to avoid media after divorce New York Post Why Bill and Melinda Gates' divorce will probably be drama free CNN Bill Gates once fist-pumped at party during Sundance Film Festival Fox NewsYou're not the only one who found Bill and Melinda Gates' divorce unsettling The Independent
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Covid: US backs waiver on vaccine patents to boost supply BBC NewsPfizer, Moderna shares plummet after Biden administration backs a COVID-19 vaccine patent waiver Yahoo NewsU.S. backs waiving patent protections for Covid vaccines, citing global health crisis CNBCCoronavirus: US supports lifting Covid-19 vaccine patents - BBC Newsnight BBC NewsBiden Backs Suspending Patents on Covid Vaccines The New York Ti
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Kellogg Co. shares rose 3.8% in Thursday premarket trading after the food company reported earnings on Thursday that beat expectations and raised its full-year guidance. Net income totaled $368 million, or $1.07 per share, up from $347 million, or $1.01 per share. Adjusted EPS of $1.11 beat the FactSet consensus for 96 cents. Sales of $3.584 billion was up from $3.412 billion and and also beat the FactSet consensus for $3.377 billion. Kellogg now expects 2021 organic net sales to be flat year-over-year versus previous guidance for a 1% decline. Kellogg stock has gained 1.4% for the year to date while the S&P 500 index is up 11% for the period.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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SpaceX successfully launches — and lands — Starship SN15 prototype in milestone test flight CBS NewsSuccess! SpaceX lands Mars rocket prototype for the first time CNN SpaceX successfully lands Starship prototype for first time Fox BusinessWatch: SpaceX Launch and Landing of Starship SN15 The New York TimesThe rocket that could take you to Mars has landed | ABC News ABC News (Australia)
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Shares of Regeneron Pharmaceuticals Inc. rose 0.8% in premarket trading Thursday, after the biotechnology company beat first-quarter profit and revenue expectations, with sales of its REGEN-COV antibody cocktail to the SARS-CoV-2 virus also topping forecasts. Net income rose to $1.12 billion, or $10.09 a share, from $625 million, or $5.43 a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share grew to $9.89 from $6.60, beating the FactSet consensus of $8.68. Revenue increased 38% to $2.53 billion, topping the FactSet consensus of $2.50 billion, as REGEN-COV sales of $262 million beat expectations of $254.6 million. For 2021, the company cut its capital expenditures guidance range to $585 million to $650 million from $600 million to $680 million. The stock has lost 3.3% over the past three months through Wednesday, while the iShares Nasdaq Biotechnology ETF has dropped 11.9% and the S&P 500 has gained 7.2%.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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Green Bay restaurant offers Aaron Rodgers free burgers and beer - for life - if he stays Fox NewsBrett Favre says he's not optimistic Aaron Rodgers will play for Green Bay Packers again ESPNFor Aaron Rodgers and a new breed of superstar, a dream job is no longer good enough The Washington Post
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In Turning on Liz Cheney, G.O.P. Bows to Trump's Election Lies The New York TimesFacing an ouster from House leadership, Cheney says GOP at 'turning point' in new op-ed CNN Republicans wish Liz Cheney would keep quiet Seattle TimesLiz Cheney: The GOP is at a turning point. History is watching us. The Washington Post
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Peloton Recalls Tread and Tread Treadmills After Dozens of Injuries, 1 Child Death WIREDPeloton recalls all treadmills after a child's death and 70 injuries CNN Peloton recalls all treadmills over safety concerns Fox BusinessPeloton Was Winning Until Treadmill Recall Revealed Weaknesses BloombergPeloton reverses course, decides to recall treadmills after injuries, death Reuters
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 Peloton has agreed to recall all of its treadmills and apologized for previously fighting the federal government after a child's death and injuries.
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Even before the Treasury secretary and former Fed chair spooked markets, hedge funds had been aggressive sellers of stocks.
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A day after losing father, T.J. Oshie nets a hat trick in Washington Capitals' emotional 4-2 victory ESPNRangers put NHL official on notice after Tom Wilson verdict: 'He is unfit to continue in his current role' Fox NewsBrendan Smith Hunts Down Tom Wilson Seconds After Stepping Onto The Ice SPORTSNETNew York Rangers, Washington Capitals square off with six fights in first period as Tom Wilson controversy carries over ESPN
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Money is pouring from Washington, D.C., and into America's cities and towns.
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SpaceX launches and lands Starship in first successful flight NBC NewsSuccess! SpaceX lands Mars rocket prototype for the first time CNN SpaceX successfully lands Starship prototype for first time Fox BusinessWatch: SpaceX Launch and Landing of Starship SN15 The New York TimesThe rocket that could take you to Mars has landed | ABC News ABC News (Australia)
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Aaron Rodgers refers to Packers GM as 'Jerry Krause' in texts with teammates: report Fox NewsBrett Favre says he's not optimistic Aaron Rodgers will play for Green Bay Packers again ESPNFor Aaron Rodgers and a new breed of superstar, a dream job is no longer good enough The Washington Post
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The Board didn't let Trump back on Facebook, but doesn't let Facebook off the hook either.
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