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Reckitt says numerous cases filed generically against baby formula makers

Reckitt said on Monday that "numerous" cases had been filed generically against baby formula makers, but that how many directly related to the Enfamil maker was unclear.

LNG developer Tellurian to explore sale among other options, CEO steps down

Tellurian said on Monday it was looking at all options, including a potential sale, and that CEO Octavio Simoes had stepped down from his role, amid the liquefied natural gas developer's efforts to keep its Driftwood export project alive.

Nasdaq resolves two hour-long technical glitch impacting connectivity

Nasdaq , which hosts some of the biggest U.S. tech giants on its exchange, said on Monday it has a resolved an issue related to connectivity and stock orders after more than two hours and said all systems were operating normally.

Fitch says UnitedHealth unit hack could hit smaller pharmacies, care providers

Ratings agency Fitch said on Monday the recent cybersecurity incident at UnitedHealth Group's technology unit, Change Healthcare, could negatively affect credit profiles of smaller healthcare providers and pharmacies that use its services.

HEDGE FLOW Hedge funds buy largest bulk of bank stocks in a year, Goldman says

Hedge funds piled into bank and financials stocks at the fastest pace in a year, Goldman Sachs said in a note, just in time to catch highs seen European and U.S. banking indices.

Nasdaq says issues impacting connectivity resolved

Nasdaq said on Monday it had resolved issues impacting connectivity at the exchange, and all systems were operating normally.

Nomura boosts EMEA bond desks with new head of flow rates

Nomura Holdings Inc. has appointed Hemish Shah as head of flow rates for Europe, the Middle East, and Africa as the Japanese broker works on expanding its wholesale operations in the region.

AstraZeneca to cap US out-of-pocket costs for inhalers at $35 per month

AstraZeneca said on Monday it would cap out-of-pocket costs for its inhaled respiratory products at $35 per month in the United States, starting June, following a similar move by rival Boehringer Ingelheim earlier this month.

Brazil's Embraer sees deliveries, revenue growing in 2024

Brazilian planemaker Embraer expects both its aircraft deliveries and revenues to grow in 2024, the company said on Monday.

Sticky inflation could be a wild card for easing timetable at Fed meeting

The U.S. Federal Reserve is widely expected to keep rates unchanged when it ends its two-day meeting on Wednesday, but policy makers could show more concern about stubborn inflation and present more hawkish signals about the timing and extent of any easing this year.

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