European markets higher; Novo Nordisk shares jump 9%, extending rally after GLP-1 pill approval

European markets higher; Novo Nordisk shares jump 9%, extending rally after GLP-1 pill approval

LONDON — European markets edged into positive territory on Wednesday as investors take stock of the volatile year during Christmas Eve’s shortened trading session. The pan-European Stoxx 600 was just above the flatline at 9:25 a.m. in London (4:25 a.m. ET). The benchmark reached a new record closing high on Tuesday, buoyed by Copenhagen-listed Novo Nordisk’s … Read more

Puma shares pop 14% after report China’s Anta Sports is looking to buy the sportswear giant

Puma shares pop 14% after report China’s Anta Sports is looking to buy the sportswear giant

The logo of Puma SE displayed in the window of the flagship store in Berlin, Germany, on Wednesday, March 1, 2023. Puma forecast slower profit growth as new Chief Executive Officer Arne Freundt confronts excess inventory and higher costs for marketing sneakers and apparel. Photographer: Krisztian Bocsi/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty … Read more