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Wall Street Breakfast

Papa John’s delivers a hot slice

Wall Street Breakfast

Seeking Alpha

Business, Investing, Business News, News

3.8950 Ratings

🗓️ 14 October 2025

⏱️ 6 minutes

🧾️ Download transcript

Summary

Papa John's (PZZA) soars after report of takeover offer. (00:22) Roche (RHBBY), Eli Lilly (LLY) Alzheimer's blood diagnostic test wins FDA approval. (01:02) Japanese payment app PayPay valuation to likely exceed $20B in U.S. IPO - report. (01:54)

Episode transcripts seekingalpha.com/wsb.

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Transcript

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0:00.0

Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning.

0:08.0

Thanks so much for joining us on this Tuesday, October 14th. I'm Julie Morgan.

0:14.0

Papa Johns delivers, a blood test for Alzheimer's, and a multi-billion dollar U.S. debut.

0:22.0

Papa Johns closed Monday up nearly 10% after a report that Apollo Global made a $64 a share

0:28.9

bid for the pizza chain, according to a street insider report. Pizza without the eye is still

0:34.9

in the green this morning, up 3% in pre-market action at $47.

0:40.4

The latest update comes after a Semaphore report in June that Apollo and a Katari investment fund made a bid for the pizza chain operator.

0:49.6

Sources told Semaphore at the time that the deal could value the company at around $2 billion.

0:55.5

Papa Johns told Seeking Alpha that it has a policy of not commenting on market rumors.

1:02.2

The U.S. FDA has approved a blood-based biomarker test developed by Roche and Eli Lilly

1:08.1

that can provide an initial assessment of Alzheimer's disease and cognitive decline.

1:13.6

The test works by measuring a protein in human plasma, which serves as an important biomarker for

1:19.6

Alzheimer's pathology, including the presence of amyloid plaque. The company said that the test

1:25.4

provides clinicians with information that can help identify patients

1:29.2

in early stages of cognitive decline, who are unlikely to have Alzheimer's-related amyloid pathology.

1:35.8

They added that it is the only blood-based test approved for initial Alzheimer's assessment for

1:41.0

Alzheimer's and other cases of cognitive decline in a primary setting.

1:45.8

Roche and Lilly noted that the test could limit the use of more invasive and costly procedures

1:51.1

for Alzheimer's diagnosis.

1:54.5

Pay Pay Pay's valuation is expected to exceed $20 billion or over $3 trillion in its planned IPO in the U.S., which could take place

2:03.8

as early as December of this year.

2:06.1

According to Raiders, citing sources familiar with the matter.

...

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