H Lundbeck stock upgraded by UBS on bexicaserin trial potential

California Attorney General Rob Bonta told CNBC’s David Faber on Thursday that the group of states suing to block Paramount Skydance’s proposed acquisition of Warner Bros. Discovery would require “robust structural remedies” to reach a settlement in the antitrust case. “[Paramount] wanted to talk about everything except for what this case is about. They want…

Warren Buffett, the former CEO of Berkshire Hathaway (BRKA -1.50%)(BRKB -1.52%), has announced that he is stepping down as chairman of the board of the company he once ran. It was only in January that he handed the CEO reins to his successor, Greg Abel. This transition is huge for Berkshire Hathaway and its shareholders,…

Former Yahoo! CEO Terry Semel’s unit in an exclusive Upper East Side co-op has traded for $45 million.  An entity tied to Semel, also previously the chairman and co-CEO of Warner Brothers, sold the seventh floor of 820 Fifth Avenue in an off-market deal, according to public records. The buyer is an anonymous trust, The…

Once upon a time, wellness at home meant maybe adding some fitness equipment or a sauna. Today, some homeowners hope their homes can actually help them live longer. In fact, according to the most recent America at Home study, 60% of homeowners say the inclusion of home features that will improve their health and wellness…

Manhattan rents paused their record-setting climb in August. Coming off a new all-time high set in July, median Manhattan rents dipped $100 in August to $4,900 per month, according to the monthly rental report by appraiser Jonathan Miller in partnership with The Real Deal.  Median rents for new, market-rate, brokered leases have been on a…

Paragon Bank has reduced rates by 15 basis points across its fixed-rate buy-to-let mortgage range. Products in its Core and Tailored propositions now start from 3.4%. Across the Core range, the cuts apply to two and five-year fixed-rate mortgages for purchases and remortgages of single self-contained properties, Houses in Multiple Occupation (HMOs) and multi-unit…