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AbbVie’s earnings show their dependency on Humira

AbbVie’s earnings show their dependency on Humira

by Sevanny Campos | Dec 22, 2020 | AbbVie, Companies

AbbVie’s 2020 acquisition Allergan is helping diversify the company’s revenue but its latest earnings report shows it still has a long way to go before matching the sales brought in by its leading product.    AbbVie Inc exceeded earnings expectations for sales...
AbbVie drug as a potential treatment for the COVID-19

AbbVie drug as a potential treatment for the COVID-19

by Sevanny Campos | Dec 21, 2020 | AbbVie, Companies

Abbvie Inc was one of the three companies chosen for trials of Covid-19 treatment. The company submitted a drug acquired from the Allergan Inc. acquisition. Johnson & Johnson and Gilead were also chosen for the trial.    The National Institutes of Health...
Lululemon Grows Fast But Its Rivals Do Not Stay Stagnant

Lululemon Grows Fast But Its Rivals Do Not Stay Stagnant

by Minji Koo | Dec 17, 2020 | Corporate Strategy, Lululemon, News

Anne Howard, a mother of two teenage daughters in San Francisco, said she was a loyal Lululemon customer and enjoyed shopping at a store near her home. But when she bought a gift for her husband this holiday, she chose Nike jerseys because the No. 1 pick for her...
Netflix is capturing Bollywood like it did Hollywood. Other streamers want the market too.

Netflix is capturing Bollywood like it did Hollywood. Other streamers want the market too.

by Colin Kern | Dec 17, 2020 | Netflix

With its streaming service approaching saturation in the United States, Netflix is bringing the playbook that up-ended Hollywood to Bollywood, where India offers its most promising opportunity. To claim a market-share lead in India, Netflix is taking the playbook it...
Yeti boomed on a closed economy, but faces steep competition in a re-opening one

Yeti boomed on a closed economy, but faces steep competition in a re-opening one

by Sonya Swink | Dec 17, 2020 | Companies, Corporate Strategy, News, Retail, Yeti

  Yeti topped the charts in 2020, hitting record sales as it benefited from a limited economy due to Covid-19 shutdowns. Still, Yeti (NYSE: YETI) has not set out a plan to stay on top amidst a vaccinated world and growing competition. When bars, theaters and...
Lululemon Offset Brick-and-Mortar Losses Amid the Pandemic With Robust Online Sales

Lululemon Offset Brick-and-Mortar Losses Amid the Pandemic With Robust Online Sales

by Minji Koo | Dec 17, 2020 | Earnings, Lululemon

Lululemon on Dec.10 reported $1.1 billion in sales in its third quarter, which ended Nov.1. With sales up 22% from the same period the year before, the company again beat analysts’ estimates — no surprise, given soaring demand for comfortable clothes and the huge...
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Investment Journal

Welcome to Investment Journal, a site covering the world of business right from Times Square. The site is produced by reporters at the New York City News Service and the Craig Newmark Graduate School of Journalism at CUNY. Email your comments to greg.david@journalism.cuny.edu.
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