Tag: CH:NESN

Ozempic Maker Novo Nordisk Has a Weight Problem
Money

Ozempic Maker Novo Nordisk Has a Weight Problem

Oct. 23, 2023 11:39 am ETThe company behind diabetes and obesity phenomena Ozempic and Wegovy is overweight.Novo Nordisk became Europe’s most valuable company last month, overtaking luxury goods maker LVMH, which itself took the title from food company Nestlé in 2021. All three companies are global stars that dominate the small European stages where they play, but the Danish drug company is now an extreme case. This might be a reason why the shares trade at a discount to those of its closest peer, U.S.-listed Eli Lilly.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Intrepid Investors Look for Bargains in Ukraine—Bomb Shelter Required
World

Intrepid Investors Look for Bargains in Ukraine—Bomb Shelter Required

Updated Oct. 23, 2023 12:02 am ETListen to article(2 minutes)John Mazarakis got rich lending money to cannabis companies and running a chain of pizzerias along the Eastern Seaboard. His next big bet: houses and industrial parks in war-torn Ukraine.Mazarakis and the $2 billion asset manager he co-founded, Chicago Atlantic, are preparing to invest as much as $250 million in the country. He isn’t alone. Steel-nerved investors are trickling back into Ukraine, lured by the chance to help the country in its fight against Russia—and to score assets on the cheap.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8