Novavax COVID-19 Vaccine Awaits Full FDA Approval

Published 3 hours agoNVAX

Novavax COVID-19 Vaccine Awaits Full FDA Approval

As of May 18, 2025, Novavax's COVID-19 vaccine has yet to secure full approval from the U.S. Food and Drug Administration (FDA). The company is making efforts to meet the FDA's requirements for full licensure. Currently, the vaccine is available under Emergency Use Authorization in the United States.

In April 2025, the FDA requested that Novavax conduct an additional clinical trial to demonstrate the vaccine's effectiveness, which has caused delays in the full approval process. Meanwhile, Reuters reported that in May 2025, Novavax reassured its investors about progressing toward FDA approval, highlighting ongoing discussions with the regulatory body to address any unsettled issues.

Despite these challenges, Novavax remains focused on securing FDA approval and is collaborating with the agency to meet the necessary criteria. The company's stock is currently trading at 6.73 USD, showing a slight increase from the previous close, with a trading high of 6.88 USD and a low of 6.16 USD on the latest market data.

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Novavax COVID-19 Vaccine Awaits Full FDA Approval

Novavax COVID-19 Vaccine Awaits Full FDA Approval

3 hours agoNVAX

As of May 18, 2025, Novavax's COVID-19 vaccine has yet to secure full approval from the U.S. Food and Drug Administration (FDA). The company is making efforts to meet the FDA's requirements for full licensure. Currently, the vaccine is available under Emergency Use Authorization in the United States. In April 2025, the FDA requested that Novavax conduct an additional clinical trial to demonstrate the vaccine's effectiveness, which has caused delays in the full approval process. Meanwhile, Reuters reported that in May 2025, Novavax reassured its investors about progressing toward FDA approval, highlighting ongoing discussions with the regulatory body to address any unsettled issues. Despite these challenges, Novavax remains focused on securing FDA approval and is collaborating with the agency to meet the necessary criteria. The company's stock is currently trading at 6.73 USD, showing a slight increase from the previous close, with a trading high of 6.88 USD and a low of 6.16 USD on the latest market data.

GM Opposes California's Electric Vehicle Mandate as Senate Prepares Vote

GM Opposes California's Electric Vehicle Mandate as Senate Prepares Vote

General Motors is actively opposing California's mandate to ban the sale of new gasoline-only vehicles by 2035. Along with other major automakers, GM, through the Alliance for Automotive Innovation, has urged Congress to block this plan. The automakers argue that such mandates could limit consumer choices, lead to fewer available vehicles, and drive up prices, according to a report from Reuters. In a show of legislative pushback, Republican lawmakers have introduced resolutions under the Congressional Review Act aiming to repeal the waiver by the Environmental Protection Agency (EPA) that allows California to implement stricter emissions standards. This legislative action highlights the significant national debate over California's stringent environmental policies. The U.S. Senate is preparing to vote on these resolutions, which could play a critical role in determining California's ability to proceed with its electric vehicle mandate. This decision is pivotal not only for California but also for the broader trajectory of vehicle emissions standards across the United States.

Dividend Stocks in Focus: UPS vs. Ford

Dividend Stocks in Focus: UPS vs. Ford

When comparing dividend investments, United Parcel Service (UPS) and Ford Motor Company are standing out for their attractive yields. UPS currently offers a dividend yield of approximately 5.83%, boosted by a track record of 23 years of increasing payouts, according to data from finviz.com. Meanwhile, Ford's dividend yield is slightly lower at 5.56%, with a history of consistent payments over the last 13 years, as reported by tipranks.com. UPS has reported a solid financial performance, with revenue rising 1.54% in the fourth quarter of 2024 to reach $25.3 billion. The company is making strategic moves to focus on more profitable areas, targeting small and mid-sized businesses, and the healthcare sector, while aiming to cut operating costs by $1 billion. In contrast, Ford, with a forward P/E ratio of 6.9x according to tipranks.com, shows promising earnings improvements and is balancing its push towards electrification with traditional vehicles to appeal to diverse consumer needs. Despite their attractive yields, the sustainability of dividends is a concern. UPS's payout ratio currently sits at a high 93.38%, raising questions about the future viability of its payments, as noted by monexa.ai. Ford, on the other hand, maintains a more modest payout ratio of 41.27%, suggesting a potentially more secure dividend position. Investors considering these stocks for their dividend potential would do well to weigh these factors carefully.

Home Depot Boosts Sales with Early Memorial Day Discounts

Home Depot Boosts Sales with Early Memorial Day Discounts

Home Depot is kicking off the summer shopping season with its early Memorial Day sale, offering substantial discounts on a wide array of products. Outdoor grills from top brands like Weber and Blackstone are available starting at $99, while lawnmowers begin at $199. The company is offering up to 50% off on furniture and home décor, along with a 35% discount on appliances, such as refrigerators and washers. Other deals feature premium tool brands like DeWalt and Milwaukee, and discounts on home security systems, patio furniture, fire pits, garden supplies, and various cooking essentials. Recently, Home Depot also hosted its Spring Black Friday event from April 4 to 28, 2024. This month-long event provided savings on plants, mulch, landscaping tools, and grills to prepare homes for warmer weather. The Spring Black Friday also included discounts on outdoor power tools and hand tools from brands like RYOBI, Milwaukee, Makita, and DeWalt, with free assembly and delivery on select grills. Reuters reported that these sales events are crucial for capitalizing on seasonal demand for outdoor enhancements. Currently, Home Depot's stock is trading at $380.78, reflecting a 0.52% increase from the previous day’s close. As the company continues to leverage seasonal trends and consumer interest in gardening and outdoor improvements, it maintains a strategic focus on promotional events to boost sales and meet customer needs during key buying periods.