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Trump slams pharma firms over price hikes

Bloomberg Just as the pharmaceutical industry’s biggest conference of the year is set to get under way, President Donald Trump took to Twitter to complain that drugmakers aren’t “living up to their commitments on pricing.” Despite talk about halting increases and lowering the price on some treatments, pharmaceutical companies on January 1 returned to the practice of regular price hikes ...

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UK mortgage approvals drop over Brexit fears

Bloomberg UK mortgage approvals dipped to a seven-month low in November and unsecured credit rose at its slowest annual pace for almost four years, the Bank of England (BOE) said. The figures reflect weakening consumer confidence as fears mount that Britain could crash out of the European Union without a deal. House prices rose the least since 2013 last year, ...

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Broadcom profit estimates defy share drop on Apple sales outlook warning

Bloomberg Earnings estimates for suppliers to Apple Inc have fallen along with their share prices since October las year, but estimates for at least one notable name are holding on: Broadcom Inc. Unlike other companies with a lot of exposure to the iPhone maker, which lowered its sales outlook, Broadcom’s earnings estimates have actually risen. Currently, the semiconductor maker is ...

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