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Johnson & Johnson released a series of encouraging clinical trial results for several key therapies, including IMAAVY™ for generalized myasthenia gravis, new CAR T-cell and bispecific antibody therapies in oncology, expanded data for TREMFYA® in psoriatic arthritis, and bleximenib in acute myeloid leukemia, all showcased at major international conferences.
Analog Devices completed two major fixed-income offerings, raising approximately US$1.50 billion through the issuance of callable senior unsecured notes maturing in 2028 and 2030 at fixed coupons of 4.25% and 4.5%, respectively.
Carnival Corporation announced strong second quarter results, with sales of US$2.22 billion and net income of US$565 million, marking a significant rise from the prior year's performance over the same period.
The Walt Disney Company has appointed Angela Jain as Head of Content for Disney+ in Europe, the Middle East, and Africa, a new position aimed at leading original content strategy and production in these regions as Disney ramps up its focus on international markets.
The Australian market has shown mixed performance, with the ASX 200 trading flat as inflation data fell below forecasts and Financials leading the sectors. In this fluctuating environment, growth companies with high insider ownership can be particularly appealing, as they often indicate strong confidence from those closest to the business in its long-term potential.
