AbbVie (ABBV) to invest USD 380mln in north Chicago to further expand active pharmaceutical ingredient manufacturing in the US; construction to begin in spring 2026, operational by 2029
AbbVie's announcement of a significant investment in active pharmaceutical ingredient manufacturing signals a strategic commitment to strengthening its domestic production capabilities.
Nvidia (NVDA) says collaborating with Akamai (AKAM), Forescout, Palo Alto Networks (PANW), Xage Security, and Siemens (SIE GY) to bring accelerated computing and AI
Hunterbrook Capital is long Generac (GNRC)
AbbVie (ABBV) to invest USD 380mln in north Chicago to further expand active pharmaceutical ingredient manufacturing in the US; construction to begin in spring 2026, operational by 2029
Newsquawk Daily Economic Releases - 24th February 2026
Mexican Economy Minister says they are better off tariff wise after last Friday as they went from paying 25% to 15% in non-USMCA goods
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
This move not only reflects the company's long-term growth strategy but also aligns with broader trends in reshoring production, which may enhance its supply chain resilience and potentially improve profit margins in the future.
Related headlines
- US Daily Equity Opening News - MSFT to report quarterly Azure sales; AVGO slips on outlook; HPE falls amid supply constraints; VRNS in take-private talks; Elliott urges DTEGY to reconsider TMUS merger; DEC to acquire Birch Resources for USD 1.8bln22 min ago
- [MARKET ANALYSIS] Crude takes a breather after a choppy mid-week; metals mixed30 min ago
- [MARKET ANALYSIS] Yields slip off best levels as energy benchmarks edge lower; JGBs in focus following a GPIF meeting and BoJ sources33 min ago
- EUROPEAN OPEN: EZJ LN & ITH LN join FTSE 100, ENT LN & PSN LN to leave; DTE GY faces Elliott push against TMUS merger; VOD LN to launch first UK TV service; SHEL LN acquires BP/ LN stakes in offshore blocks1 hour ago
- [MARKET ANALYSIS] Asia-Pac stocks took impetus from the rebound on Wall St as yields eased5 hours ago
- PRE-MARKET AUSTRALIAN, JAPANESE AND SOUTH KOREAN STOCKS NEWS: Hanwha Ocean (042660 KS) won a KRW 1.55tln order from Taiwan’s Yang Ming Marine Transport to build six LNG dual-fuel container ships9 hours ago
- Newsquawk Daily Asia-Pac Opening News - 3rd September 202610 hours ago
- Newsquawk US Market Wrap: Stocks bid with yields and oil little changed12 hours ago
- India's Trade Minister says final trade agreement between US and India will be published as soon as the US can provide India with tariff advantages 1 hour ago
- Russian President Putin says that Russia and Ukraine should agree first; he notes that there is an opportunity to reach a peace agreement49 min ago
- [MARKET ANALYSIS] JPY rallies against all G10 peers, most pronounced against USD into payrolls on Friday1 hour ago
- Russian Deputy PM Novak says OPEC's role in the market remains important; will continue to exert significant influence on the oil market because of its high output3 hours ago
- [MARKET ANALYSIS] Dollar is marginally softer with a mixed performance against major peers, while JPY continues its outperforms despite no obvious news catalysts5 hours ago
- US Ambassador to NATO Matthew Whitaker says Iran is a bankrupt country and will not be able to pay anyone in its military, civil service or government, nor subsidise its society8 hours ago
- PRE-MARKET INDIAN STOCKS NEWS: Oil and Natural Gas Corporation (ONGC IS) international investment arm sent a team to Venezuela to review assets after receiving clearance from the US5 hours ago
- White House confirms that US President Trump signed a stopgap funding bill into law today9 hours ago
- TREASURY WRAP: T-NOTE FUTURES (Z6) SETTLE 1 TICK HIGHER AT 107-1313 hours ago
- [MARKET UPATE] Further JPY strength with EUR/JPY below 182, USD/JPY beneath 157 to a 156.63 base, surpassing 7th August low1 hour ago
- [MARKET UPDATE] Yen strength continues with USD/JPY below 157.50, EUR/JPY below 183.00 - no headline driver but traders cite increased BoJ hike bets2 hours ago
- UAE President received a phone call from US Presiednt Trump; the two discussed cooperation and developments in the Middle East, WAM reports2 hours ago
The whole workspace, free to try.
Try it free