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AbbVie in Talks to Acquire Gilgamesh in $1 Billion Deal

AbbVie in Talks to Acquire Gilgamesh in $1 Billion Deal

Bloomberg3 days ago
AbbVie Inc. is in talks to acquire mental health therapeutics company Gilgamesh Pharmaceuticals in a deal highlighting growing takeover interest in the sector, according to people familiar with the matter.
A potential deal could value privately held Gilgamesh at about $1 billion, the people said, asking not to be identified because the information is private. An announcement could be made in the coming weeks, the people said.
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"It was kind of challenging but it was all for the good" - Luka Doncic reveals he gave up basketball to improve his conditioning for the next season
"It was kind of challenging but it was all for the good" - Luka Doncic reveals he gave up basketball to improve his conditioning for the next season

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"It was kind of challenging but it was all for the good" - Luka Doncic reveals he gave up basketball to improve his conditioning for the next season

"It was kind of challenging but it was all for the good" - Luka Doncic reveals he gave up basketball to improve his conditioning for the next season originally appeared on Basketball Network. By now, the whole world has seen the transformation that Luka Doncic has made in his body in his first offseason as a Los Angeles Laker. This has not only surprised the consensus but also instilled belief that the 26-year-old superstar might just put together his best basketball season in his remarkable career so far. But ironically, what also led to Doncic's weight loss this summer wasn't basketball. In fact, the Slovenian sensation revealed that he had to be forced to stay away from it and take a whole new approach this offseason in order to achieve his goals. "I would say me and my team just tried different new things. Different food, different practices," he said. "I actually gave up playing basketball for one month, which I've never done in my life. So it was kind of challenging, but it was all good," said Doncic in his appearance on The Today's Show. Out with the old, in with the new While losing what seems to be more than 10 pounds, the 6'7" guard pursued playing other sports religiously, such as pickleball and padel. Doncic said that it helped that he played multiple sports as a kid growing up, which was why he eventually made peace with the fact that he wouldn't play basketball for a month. Instead of playing basketball, the international superstar focused on getting his diet right and placing more emphasis on weight training. Without playing basketball for the first time in years, the five-time All-Star also let his body recover completely, especially after a season that saw him miss 32 regular-season games because of a severe calf injury. This offseason, Doncic made it a point to lose weight, build muscle strength, and get right mentally. "This year, with my team, I think we did a huge step. But this is just the start, you know. I need to keep going. Can't stop," Doncic told Men's Health Magazine earlier this week. In prime position to bounce back Doncic also said he didn't lose weight to prove a point against his many critics who have long called him out for being out of shape. Instead, he did it for himself because he knows he needs to take advantage of his prime years while they're still around. It also helps that he's never been doubted the way he was last season, when not only the Dallas Mavericks traded him to the Lakers, but his early playoff exit led him to be more motivated than ever to come back stronger. "Honestly, I tried to not read much. Just tried to focus," he said about his critics. "I think I was still a pretty good basketball player back then, no matter what people say." True enough, an "out-of-shape" Doncic has averaged 28.6 points, 8.6 rebounds, and 8.2 assists thus far in his seven-year stint in the NBA. If he was able to be a top five player over the last couple of years, what more now with his change in approach in regards to his fitness? Time will eventually tell how monumental this summer would eventually end up impacting The Don's career moving story was originally reported by Basketball Network on Jul 31, 2025, where it first appeared.

Earnings To Watch: EverQuote (EVER) Reports Q2 Results Tomorrow
Earnings To Watch: EverQuote (EVER) Reports Q2 Results Tomorrow

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Earnings To Watch: EverQuote (EVER) Reports Q2 Results Tomorrow

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Why Casella Waste Systems Stock Flopped on Friday
Why Casella Waste Systems Stock Flopped on Friday

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Why Casella Waste Systems Stock Flopped on Friday

Key Points The company's bottom-line miss in its second quarter was striking. That was compounded by a guidance reduction for full-year profitability. 10 stocks we like better than Casella Waste Systems › Solid waste and recycling management company Casella Waste Systems (NASDAQ: CWST) was surely eager to start its weekend. On Friday, the company published quarterly results that were a dud with investors, who sent its share price down by more than 5%. That was more deeply in the red than the S&P 500 index's 1.6% dive. One big whiff Much of this was because of a fairly wide bottom-line miss in Casella's second quarter, the results of which were published after market close Thursday. In the quarter, Casella booked revenue of over $465 million. So far, so good, as this was more than 23% higher than in the same quarter of 2024. Further down the profit and loss statement, however, the company revealed that its generally accepted accounting principles (GAAP) net income fell to $5.2 million ($0.08 per share) from the year-ago profit of slightly over $7 million. That drop was discouraging enough, but it was exacerbated by the fact that analysts were expecting far better from the company. On average, they were modeling $0.33 per share for bottom-line profitability, although they underestimated revenue with a collective $454 million projection. Acquisitions played a role in Casella's top-line growth, as the company completed six buyouts across the first half of this year. Management also said higher landfill volumes were a catalyst. Notable guidance revisions Outside of the bottom-line miss, Casella's change in guidance was dismaying for investors. Although it raised its outlook for full-year 2025 revenue -- $1.82 billion to $1.84 billion from just under $1.78 billion to a bit over $1.8 billion -- it cut that for profitability. The company now believes its GAAP net income will land at $8 million to $18 million; the previous guidance called for $10 million to $25 million. Should you buy stock in Casella Waste Systems right now? Before you buy stock in Casella Waste Systems, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Casella Waste Systems wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $625,254!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,090,257!* Now, it's worth noting Stock Advisor's total average return is 1,036% — a market-crushing outperformance compared to 181% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 29, 2025 Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why Casella Waste Systems Stock Flopped on Friday was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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