Novo Nordisk says it's not immune to potential Trump tariffs, but business is well-positioned
ReutersFeb 5, 2025 10:51 AM
LONDON, Feb 5 (Reuters) - Wegovy maker Novo Nordisk NOVOb.CO is not immune to tariffs U.S. President Donald Trump is threatening to levy on the European Union, its chief executive said on Wednesday, but it is confident its business is well-positioned.
Novo Nordisk CEO Lars Fruergaard Jorgensen was speaking to journalists at the company's headquarters just outside Copenhagen after the company reported fourth-quarter earnings.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Related Articles
Worried About a Recession? 1 Healthcare Dividend Stock That Has Thrived In Every Market Crash
TradingKey - One of those sectors is healthcare and one of the biggest healthcare companies around is Johnson & Johnson (NYSE: JNJ), a company that also pays a decent dividend to shareholders.TradingKey
5 hours ago
Why Was Solana Chosen for the U.S. Cryptocurrency Strategic Reserve? What Is SOL's Future Outlook?
This article explores Solana's technical strengths, use cases, market performance, and future trends to provide a comprehensive understand SOL's potential and investment opportunities.TradingKey
5 hours ago
1 Defensive Dividend Stock to Buy With Plenty of Fizz in a Volatile Market
TradingKey - If you’re feeling uneasy about the recent market turbulence, you’re not alone. Wall Street markets have cratered and are now currently in correction territory. Uncertainty is running high and it’s easy to see this selling getting worse before it gets better.TradingKey
5 hours ago
An Overview of U.S. Government Shutdowns: Causes and Consequences
TradingKey - A government shutdown is a uniquely American political event. After former President Donald Trump orchestrated the longest and most costly government shutdown in history during his first term, the risk of another shutdown has resurfaced at the start of his second term.TradingKey
6 hours ago
Adobe Q1 2025 Earnings Review: Core Business Resilient, but AI Integration Path Needs Clarification
TradingKey - Adobe's Q1 results confirmed the resilience of its core business, but Investors expect Adobe to clarify its long-term path of AI Integration. The market is worried that AI tools(such as Canva and MidJourney) are weakening Adobe's pricing power. It is recommended that investors should...TradingKey
6 hours ago
