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Nasdaq-100 reshuffle: Walmart set to join US stock market index; to replace AstraZeneca from January 20

Popular retail corporation Walmart is soon going to become a part of the Nasdaq-100 Index in the US, from January 20. It will replace British pharmaceutical giant AstraZeneca. This comes after a decision by Walmart in November to move its listing to Nasdaq after conducting business on the New York Stock Exchange (NYSE) for a…

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Pharma growth: AstraZeneca profit surges 77% to $2.53 bn in Q3; US expansion and cancer drugs power strong results

AstraZeneca reported a sharp rise in quarterly profit on Thursday, with strong US growth and robust sales of cancer drugs driving a 77% year-on-year jump in net earnings to $2.53 billion for the third quarter.The British pharmaceutical major said group revenue grew 12% to $15.2 billion, led by oncology treatments that now account for nearly…

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Lower drug prices for Americans! Trump seals deal with AstraZeneca; some medicines at discounts of up to 80%

US President Donald Trump on Friday announced reaching a deal with AstraZeneca, which would lower the cost of some prescription drugs for millions of Americans.The agreement will see the company sell certain medicines at reduced prices to the government’s Medicaid health plan in exchange for tariff relief. This follows a similar arrangement made with Pfizer…

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