Tag: stabilizing

Company outlook ‘stabilizing’ thanks to new flu-COVID vaccine data

Moderna (MRNA) is on its way to getting a third mRNA-based vaccine approved by the FDA if the regulatory agency likes the data released Monday for a combination flu-COVID shot. The company said the new combo vaccine provided better protection against both diseases than separate shots. It marks the first positive late-stage results of a […]

Lumen CFO Says Firm Will Focus on Stabilizing After Debt Deal

(Bloomberg) — Lumen Technologies Inc. plans to focus on stabilizing its business after finalizing a restructuring deal with creditors that slashes its debt, its finance chief said. Most Read from Bloomberg The agreement, released Friday, reduces the telecommunications firm’s debt due in 2025 and 2026 by around $1.5 billion, and cuts its obligations due in […]