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Tag: NASDAQ: AZN

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AstraZeneca plc (AZN) Claims Its COVID-19 Vaccine Is Safe For People 65 And Older

After the German government recommended its administration to people aged 18 to 64 years of age only, AstraZeneca plc (AZN) defended its vaccine’s effectiveness against the new coronavirus in the elderly. A spokesman for the British-Swedish group AstraZeneca plc (AZN) explained that the newest analysis “supports this hypothesis” of vaccine effectiveness for those over 65, pending a decision by the European Medicines Agency “which is expected to come on Friday. Boris Johnson, the British Prime Minister, who expressed approval for the vaccination for the elderly, stressed that the British Authority for Health Products recognized the vaccine to be effective and

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Double-Digit Rise in Sonos (SONO) And Victoria’s Secret Parent L Brands (LB) Stocks On Thursday

Sonos Inc (SONO) soared 29.84 percent after the Californian maker of wireless audio speakers posted performance well above estimates for its fourth fiscal year which ended at the end of September. Compared with the $299 million predicted by the FactSet consensus, revenue jumped 15.5 percent year-on-year to $339.8 million. Compared to a $29.6 million loss a year ago, the Santa Barbara-based corporation reported a net income of $18.4 million. Its per-share net income was 15 cents, compared to just 2 cents predicted by analysts and -28 cents a year earlier. Sonos expects revenue of $1.44 to $1.5 billion for the