Tue, Feb 20, 2024 12:33 PM
What’s after Revlimid for Dr Reddy’s, Cipla, and Sun Pharma?
A Flip by Shubhangi Gupta
If you think Tim Cook has always led a charmed life at the helm of Apple, think again. The years straight after the death of Steve Jobs in 2011 were a trial by fire. First there was antitrust: America’s Department of Justice (DoJ) sued Apple for conspiring to fix e-book prices. Then there was competition: Samsung, a South Korean rival, went to war with the iPhone with bigger, sleeker models.
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Investors snapped up all shares on offer in a Saudi hospital group shortly after books opened on the deal that’s shaping up to be the largest listing in the kingdom so far this year. Dr. Soliman Abdul Kader Fakeeh Hospital and its shareholders are seeking to raise as much as 2.86 billion riyals ($763.4 million) in the Riyadh initial public offering.
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Home improvement chain Home Depot (NYSE: HD) stock fell 12% in April according to data provided by S&P Global Market Intelligence. It's been struggling through inflation and a suppressed housing market, and it's expecting pressure in 2024.This is not Home Depot's moment. Home Depot is the largest home improvement chain in the world, with more than 2,300 stores in the U.S., Canada, and Mexico.=
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