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Strategic Missteps

All articles tagged with #strategic missteps

finance1 year ago

"Assessing Altria Group Inc. (NYSE:MO): Buy, Sell, or Hold?"

Altria, a consumer staples company with a nearly 10% dividend yield, heavily relies on its cigarette business, which is facing a steady decline in shipment volumes. Despite its market dominance and price increases, the long-term outlook is concerning due to strategic missteps, failed initiatives, and the need to find new growth avenues. While the generous dividend may be tempting, investing in Altria carries significant risk, and close monitoring is advised.

business2 years ago

"Pfizer's Rollercoaster Ride: From Glory to Struggles, What's Next for the Biopharma Giant?"

Pfizer CEO Albert Bourla has been named the worst biopharma CEO of 2023 due to strategic missteps, financial miscalculations, and scientific setbacks that have led to a deep crisis for the company. Pfizer's shares have fallen 50% this year, erasing nearly $140 billion in market value, as Covid product sales have evaporated and the company struggles to fill the gap with aging medicines and underperforming drugs and vaccines. Bourla has an opportunity to turn things around with the recent acquisition of cancer drugmaker Seagen, but if the company doesn't see success, he may not be around to make the list next year. Other CEOs on the worst list include Chaim Lebovits of BrainStorm Cell Therapeutics, Antony Mattessich of Ocular Therapeutix, Dennis Lanfear of Coherus Biosciences, and Francis DeSouza of Illumina.