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  • Nicklas Backstrom’s Northern Virginia home sells for $11 million

    Nicklas Backstrom’s Northern Virginia home sells for $11 million

    Nicklas Backstrom’s remaining ties to the Washington DC area have ended with the sale of his home.

    Backstrom’s Northern Virginia mansion was purchased by an undisclosed buyer for $11 million last week, after being put on the market…

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  • #20/22 Tennessee Rolls Past Arkansas, 85-50, To Stay Unbeaten In SEC Play

    #20/22 Tennessee Rolls Past Arkansas, 85-50, To Stay Unbeaten In SEC Play

    KNOXVILLE, Tenn. — With guards Talaysia Cooper and Kaniya Boyd sidelined with injuries, No. 20/22 Tennessee employed a “next-player-up” mentally to take care of Arkansas, 85-50, and remain unbeaten in SEC play on Sunday afternoon in front of a…

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  • A Newly Brunette Lisa Goes Dark and Edgy for the Golden Globes 2026

    A Newly Brunette Lisa Goes Dark and Edgy for the Golden Globes 2026

    Goodbye blonde (at least for now). Lisa surprised fans with a new dark hair color the day before the 83rd Golden Globes: dark chocolate. The White Lotus star, who is set to present at tonight’s festivities, which is taking place at the Beverly…

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  • Minnesota Tops No. 21 USC 63-62

    Minnesota Tops No. 21 USC 63-62

    MINNEAPOLIS – The University of Minnesota women’s basketball team (12-4, 3-2 Big Ten) rallied back from a 13-point deficit to defeat the No. 21 ranked USC Trojans (10-6, 2-3 Big Ten) 63-62 at home Sunday.

    The Golden Gophers had two players…

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  • Replace dozens of AI subscriptions with one $75 lifetime purchase

    Replace dozens of AI subscriptions with one $75 lifetime purchase

    TL;DR: Stop paying for separate AI tools and grab a 1min.AI lifetime subscription for $74.97 for a limited time only.


    Juggling separate subscriptions for chat tools, image generators,…

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  • Pivot to Growth Strategy Delivering

    Pivot to Growth Strategy Delivering

    Richard Francis, Teva’s President and CEO, will present at the 44th Annual J.P. Morgan Healthcare Conference on Tuesday, January 13, 2026, at 8:15 A.M. Pacific Time (11:15 A.M. Eastern Time)

    TEL AVIV, Israel, Jan. 11, 2026 (GLOBE NEWSWIRE) — Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA) will present its ongoing transformation and expected growth trajectory through 2030 at the 44th Annual J.P. Morgan Healthcare Conference. Teva’s President and Chief Executive Officer, Richard Francis, will meet with investors and present the Company’s milestones achieved in 2025, transformative initiatives, and forward-looking outlook for 2026 and beyond.

    Presentation Highlights:

    • Pivot to Growth Strategy Progress: Teva is accelerating its Pivot to Growth strategy, focusing on transforming into a leading innovative biopharmaceutical company through late-stage innovative pipeline, fueled by its world-class generics business.
    • Innovation at the Heart of Teva’s Transformation: Teva’s key innovative brands – AUSTEDO®, AJOVY® and UZEDY® – are already driving its growth and reshaping Teva’s financial outlook. Teva’s clinical pipeline assets – olanzapine LAI, DARI (ICS/SABA), duvakitug (anti-TL1A), emrusolmin, and anti-IL-15 – are expected to drive Teva’s long-term growth trajectory and further Teva’s transformation.
    • 2025 Performance: Teva to provide its expected 2025 financial performance.
    • 2026 and Beyond: In addition, Teva to provide forward-looking outlook for 2026 and beyond, underlining disciplined capital allocation and a commitment to securing an investment-grade credit rating.

    Expected 2025 Performance

    $ billions, except EPS or as noted

    2025 Outlook

    Expected 2025 performance relative to Outlook (excluding duvakitug milestones)

    Additional contribution from expected duvakitug milestones

    Revenues*

    $16.8 – $17.0

    Lower point of the range

    $500M

    Operating Margin

    ~26.2% – 27.1%

    Mid to high point of the range

    ~80%-85%

    Adjusted EBITDA

    $4.8 – $5.0

    Midpoint of the range

    ~$400M-$430M

    Tax Rate

    15%-18%

    Lower point of the range

    Diluted EPS ($)

    2.55 – 2.65

    Higher point of the range

    Free Cash Flow**

    $1.6 – $1.9

    Higher point of the range

    ~$500M

    Net leverage

    ~2.5x – 2.9x

    Midpoint of the range

    ~2.5x


    P
    ath to achieving 2027 targets and additional 2030 targets

    $billionsor as noted

    2026

    2027

    2030

    Revenues*

    Flat to slightly down vs. 2025

    Low-single digit growth

    Mid-single digit CAGR

    Operating Profit

    Growing vs. 2025

    30%

    >30%

    Adjusted EBITDA

    Growing vs. 2026

    Growing

    Free Cash Flow**

    Growing vs. 2025

    >$2.7

    >$3.5

    Net Leverage

    ~2.0-2.2x

    <2x

    <2x

    Cumulative Transformation Programs Savings

    ~$450M-500M

    ~$700M

    Note: 2026 commentary compared to 2025 results excluding duvakitug milestones, except for net debt leverage calculation.
    * Revenues presented on a GAAP basis; all other metrics presented on a non-GAAP basis.
    ** Free Cash Flow includes cash flow generated from operating activities net of capital expenditures and deferred purchase price cash component collected for securitized trade receivables.

    To access a live webcast of the presentation, visit Teva’s Investor Relations website at:  https://ir.tevapharm.com/Events-and-Presentations.

    An archived version of the webcast will be available within 24 hours after the end of the live discussion and will be accessible for up to 30 days.

    About Teva
    Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA) is transforming into a leading innovative biopharmaceutical company, enabled by a world-class generics business. For over 120 years, Teva’s commitment to better health has never wavered. From innovating in the fields of neuroscience and immunology to providing complex generic medicines, biosimilars and pharmacy brands worldwide, Teva is dedicated to addressing patients’ needs, now and in the future. At Teva, We Are All In For Better Health. To learn more about how, visit www.tevapharm.com.

    Non-GAAP Financial Measures
    This press release includes certain non-GAAP financial measures as defined by SEC rules. Management believes that such non-GAAP financial measures provide useful information to investors to facilitate their understanding of our business because the non-GAAP financial measures are used by Teva’s management and board of directors, in conjunction with other performance metrics, to evaluate the operational performance of the company, to compare against the company’s work plans and budgets, and ultimately to evaluate the performance of management; the company’s annual budgets are prepared on a non-GAAP basis; and senior management’s annual compensation is derived, in part, using these non-GAAP measures. Investors should consider the non-GAAP financial measures in addition to, and not as replacements for, or superior to, measures of financial performance prepared in accordance with GAAP. In the case of the non-GAAP financial measures disclosed in this press release, we are not providing comparable forward looking guidance for GAAP financial measures or a quantitative reconciliation of forward-looking non-GAAP financial measures to the most directly comparable GAAP measure because we are unable to predict with reasonable certainty the ultimate outcome of certain significant items including, but not limited to, the amortization of purchased intangible assets, legal settlements and loss contingencies, impairment of long-lived assets and goodwill impairment, without unreasonable effort. These items are uncertain, depend on various factors, and could be material to our results computed in accordance with GAAP.

    Teva Cautionary Note Regarding Forward Looking Statements
    This Press Release and the presentation at the conference may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding our financial guidance, which are based on management’s current beliefs and expectations and are subject to substantial risks and uncertainties, both known and unknown, that could cause our results, performance or achievements to differ significantly from that expressed or implied by such forward-looking statements. These forward-looking statements include statements concerning our plans, strategies, objectives, future performance and financial and operating targets, and any other information that is not historical information. You can identify these forward-looking statements by the use of words such as “should,” “expect,” “anticipate,” “estimate,” “target,” “may,” “project,” “guidance,” “intend,” “plan,” “believe,” “outlook” and other words and terms of similar meaning and expression in connection with any discussion of future operating or financial performance. Important factors that could cause or contribute to such differences include risks relating to: our ability to successfully compete in the marketplace, including: that we are substantially dependent on our generic products; our ability to develop and commercialize additional pharmaceutical products; competition for our innovative medicines; our ability to achieve expected results from investments in our product pipeline; our ability to successfully execute on our Pivot to Growth strategy, including to expand our innovative and biosimilar medicines pipeline and profitably commercialize the innovative medicines and biosimilar portfolio, whether organically or through business development, to sustain and focus our portfolio of generic medicines, and to execute on our organizational transformation and to achieve expected cost savings; and the effectiveness of our patents and other measures to protect our intellectual property rights; our significant indebtedness, which may limit our ability to incur additional indebtedness, engage in additional transactions or make new investments; our business and operations in general; compliance, regulatory and litigation matters; other financial and economic risks; and other factors discussed in this document, in our Quarterly Report on Form 10-Q for the third quarter of 2025 and in our Annual Report on Form 10-K for the year ended December 31, 2024, including in the sections captioned “Risk Factors” and “Forward-looking Statements.” Forward-looking statements speak only as of the date on which they are made, and we assume no obligation to update or revise any forward-looking statements or other information contained herein, whether as a result of new information, future events or otherwise. You are cautioned not to put undue reliance on these forward-looking statements.

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  • Free AIDS screening, treatment initiative kicks off

    Free AIDS screening, treatment initiative kicks off

    Special clinics set up at district, tehsil levels to provide free tests, treatment


    RAWALPINDI:

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  • Terps Close Out L.A. Road Swing Tuesday Night At USC

    Terps Close Out L.A. Road Swing Tuesday Night At USC

    Maryland (7-9, 0-5 B1G) at USC 13-3, 2-3 B1G)

    January 13, 2026

    10:30 PM ET / 7:30 PM…

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  • Gymnastics Posts Season-Opening Program Record Score in Sunday Quad Meet

    Gymnastics Posts Season-Opening Program Record Score in Sunday Quad Meet

    PROVIDENCE, R.I. – The Brown gymnastics team opened its 2026 season on Sunday afternoon by posting a score of 193.025, the highest score in a season opening meet in program history. Opening the season at home for the first time since 2017,…

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