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Novo Nordisk Slump, SocGen's 'Easy Wins', Berentzen Grupp Deal
Published 2 weeks ago
Description
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Novo Nordisk disappointed investors hoping for more concrete turnaround plans from Chief Executive Officer Mike Doustdar after the Danish drugmaker lost its lead in the booming obesity market to Eli Lilly & Co.
- Societe Generale Chief Executive Officer Slawomir Krupa lifted the lender’s profitability target as he aims to cut costs and boost investor payouts with a new strategy.
- Sazerac said it plans to acquire German schnapps maker Berentzen-Gruppe as the US spirits firm pushes to add brands in Europe, confirming an earlier Bloomberg News report.
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