Novo Nordisk is having a good lockdown; a Jack Ma-backed bank lowers rates; National Express raises equity; and challenger banks show different Covid-19 scars. Read the latest edition of Corona Capital here
. Novo Nordisk is having a good lockdown. The world’s largest provider of drugs treating diabetes saw first-quarter sales jump 14% to 33.9 billion Danish crowns . That beat the 31.5 billion crowns analysts had been expecting. The $115 billion company’s share price is up nearly 14% since the beginning of the year, beating even industry peers like Roche., investors can expect another boost later this year.
A lending spree now will test MYbank’s claim that its algorithms can find quality borrowers among smaller, difficult-to-audit private companies. Success would help sell the anticipated initial public offering of its largest shareholder, Ant Financial. But the economy may take another hit as overseas demand slumps, and smaller fish will be first to fry. Should MYbank’s tech nous flunk, it could disillusion its peers too.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Love Island's Jack Fowler confirms new romance leaving fans 'heartbroken'Former Love Island star Jack Fowler has taken to Instagram to confirm his new relationship with a mysterious but gorgeous beauty
Read more »
Coronation Street's Jack P Shepherd shares rude message from creepy fanCoronation Street's Jack P Shepherd was contacted by a weird celebrity fetish account that was dedicated to the hands and fingernails of famous men
Read more »
Notre Dame AD Jack Swarbrick confident Irish can play full schedule, wants students to see games in personSwarbrick said Tuesday he was confident Notre Dame could put together a challenging, independent football schedule this fall should some opponents be forced to play truncated seasons with a focus on conference games.
Read more »
Breakingviews - Corona Capital: Elevator buyout, Anbang, SamsoniteFrom Breakingviews: Thyssenkrupp’s elevator buyout faces a tough search for new investors, and a South Korean buyer walks away from Anbang’s hotels. Catch up with the latest pandemic-related insights here:
Read more »
Corona Capital: Apple bonds, DuPont’s prioritiesConcise views on the pandemic’s corporate and financial fallout: Cash-rich Apple capitalizes on the Fed’s largesse to raise $8.5 billion in cheap debt; DuPont looks past massive demand for PPE materials to a tough second quarter.
Read more »
Diplo & Dillon Francis Are Throwing a Cinco de Mayo Livestream Fiesta: Here's How to WatchDiplo and Dillon Francis are doing a Cince de Mayo Livestream tonight (May 5) in collaboration with Corona. Here&39;s how to watch.
Read more »