Dow Jones Newswires Nokia Posts Forecast Beating Profit of $102 Billion Expects Another Year of Growth
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Novo Nordisk beats profit estimates as sales of weight loss drug Wegovy more than double
Sales of popular weight loss drug Wegovy more than doubled to 9.38 billion kroner.CNBC - Business -
Moderna loses less than expected as Covid vaccine sales beat estimates, cost cuts take hold
The company reiterated its full-year 2024 sales guidance of roughly $4 billion, which includes revenue from the expected launch of its RSV vaccine.CNBC - Business - Covid -
Super Micro pushes up full-year revenue forecast as it points to strong AI demand
Super Micro is now a component of the S&P 500 index. The company's growth accelerated to 200% from 103% in the previous quarter, but revenue still missed.CNBC - Business -
UK to suffer slowest growth of all rich nations next year, OECD says
The U.K.'s "sluggish" growth prospects have put it on course to be the worst-performing economy of all advanced nations next year, according to the OECD.CNBC - Business - United Kingdom -
NYCB shares jump 30% after CEO gives two-year plan for 'clear path to profitability'
CEO Joseph Otting took over NYCB in April after an investor group led by former Treasury Secretary Steven Mnuchin injected more than $1 billion into the lender.CNBC - Business -
Pfizer’s first-quarter results top estimates, while drugmaker boosts full-year profit outlook
Pfizer on Wednesday reported first-quarter results that beat analyst expectations, and raised its full-year profit guidance as cancer and heart-disease drugs helped offset plummeting COVID product sales.MarketWatch - Business -
Wrangler parent Kontoor’s stock jumps toward a 3-year high after earnings beat
Revenue fell for both Wrangler and Lee jeans brands, mostly because of retailers reducing inventory.MarketWatch - Business -
NBC Prepares $2.5-Billion-a-Year Bid to Pluck NBA Rights From TNT
The league is in advanced stages of a new round of media-rights deals. Disney’s payments would increase under a proposed deal.The Wall Street Journal - Business - NBA -
Cruise operator Viking’s IPO values company at $10.36 billion to mark biggest deal of year
Viking’s stock jumped 9% in initial trades on the New York Stock Exchange on Wednesday.MarketWatch - Business -
Scammers bilked older Americans out of $3.4 billion last year, often using cryptocurrency
At least 101,000 Americans ages 60 and older were victims of digital fraud last year, with the average person losing $33,915, according to a new report from the FBI.NBC News - Top stories -
O'Sullivan & Trump suffer shock quarter-final defeats
Seven-time champion Ronnie O’Sullivan and Judd Trump both suffer shock defeats in the quarter-finals of the World Championship at the Crucible Theatre in Sheffield.BBC News - Top stories - Donald Trump -
'Magnificent' Jones shocks Trump to reach semi-finals
Watch the closing stages of Jak Jones' surprise 13-9 victory over Judd Trump to reach the semi-finals of the World Snooker Championship at The Crucible, Sheffield.BBC News - Top stories - Donald Trump -
Carlsberg Buoyed by Growth in Asia
Carlsberg launched a new $144 million share buyback and maintained its full-year guidance after seeing strong growth in its premium drinks, driven by key markets in Asia.The Wall Street Journal - Business -
Jags cut WR Jones after picking Thomas in draft
The Jaguars have released wide receiver Zay Jones, the team announced Tuesday.ESPN - Sports - NFL -
Ronnie O’Sullivan crashes out of world championship to Stuart Bingham
Judd Trump beaten 13-9 by Jak Jones on day of shocksGilbert 13-8 Maguire; Wilson 13-8 HigginsRonnie O’Sullivan and Judd Trump both crashed out of the World Snooker Championship on an extraordinary day of quarter-final action at the Crucible.. The ...The Guardian - World -
Germany propels eurozone growth to 0.3%
GDP expansion in largest economies comes as bloc’s headline inflation remains at 2.4% but core rate keeps fallingFinancial Times - Business -
Germany propels eurozone growth to 0.3%
GDP expansion in largest economies comes as bloc’s headline inflation remains at 2.4% but core rate keeps fallingFinancial Times - World -
The S&P 500 extended its recent slide after the central bank's outlook, falling 0.3% and matching the Nasdaq's session decline. The Dow rose 0.2%.
The S&P 500 extended its recent slide after the central bank’s outlook, falling 0.3% and matching the Nasdaq’s session decline. The Dow rose 0.2%.The Wall Street Journal - World -
Apple Revenue Expected to Decline
The tech giant has been hit by a range of issues in recent months. It and Tesla are the only two of the “Magnificent Seven” big tech stocks in the red in 2024.The Wall Street Journal - World - Apple -
Adidas Maintains Outlook as First Quarter Tops Forecasts
Adidas posted above-forecast profits for the first quarter, citing brand momentum, and confirmed its recently-lifted outlook for the year.The Wall Street Journal - Business -
Poland probes state oil group’s Swiss subsidiary for alleged Hizbollah links
Orlen Trading Switzerland investigated for losses on trades and potential connections to Iran-backed groupFinancial Times - World -
Clariant Confirms Outlook as Profits Rise
Clariant reiterated its full-year outlook after it reported an improved earnings margin in the first quarter, helped by lower raw material prices and a strong performance at its aviation business.The Wall Street Journal - Business -
Haleon Keeps Outlook as Profits Rise
Haleon reported a 2% rise in underlying profits for the first quarter despite lower revenue, and maintained its full-year guidance and buyback plan.The Wall Street Journal - World -
South Korea's Export Growth Accelerated in April
Exports from Asia’s fourth-largest economy accelerated on brisk demand for semiconductors, smartphones, cars and other Korean goods overseas.The Wall Street Journal - World - South Korea -
OECD now sees minimal 2024 growth for Germany
Yahoo News - World -
Jordan Beck promoted: Rockies call up former first-round pick for MLB debut as Nolan Jones lands on IL
CBS Sports ranked Beck the No. 3 prospect in the Colorado system entering the 2024 seasonCBS Sports - Sports - MLB -
Giants QB battle: Drew Lock has a chance to compete with Daniel Jones for starting role, per report
Jones is recovering from an ACL injury suffered during the 2023 seasonCBS Sports - Sports - NFL -
Fantasy Baseball: Michael King, Nolan Jones among the biggest rankings fallers from April
Plus, why Chris Towers has yet to lose faith in Mitch Garver, despite his hitting slumpCBS Sports - Sports - Fantasy Football -
Jones College Prep students stage sit-in supporting local college Pro-Palestinian demonstrators
Yahoo News - World -
DoorDash’s outlook is sinking its stock. But one analyst says it typically forecasts conservatively.
Food-delivery company DoorDash Inc. on Wednesday reported a worse-than-expected first-quarter loss amid signs of a slight slowdown in growth for its large U.S. restaurant business, and it offered a second-quarter forecast for a key demand metric ...MarketWatch - Business -
Lufthansa Expects Second-Half Improvement
Lufthansa said it expects an improvement in its second-half operating result, with capacity seen at more than 95% of prepandemic levels in the third quarter, but cautioned that unit revenue will fall in the next three months.The Wall Street Journal - Business -
Stellantis Sales Fall Short of Expectations
Stellantis backed its full-year guidance despite revenue falling in the first quarter on lower sales volumes in North America as it prepares production for new models.The Wall Street Journal - Business -
ArcelorMittal Cautious Despite Earnings Beat
ArcelorMittal reported better-than-expected earnings for the first quarter after volumes and prices improved, but cautioned that economic sentiment remained subdued with no signs customers were restocking on inventories.The Wall Street Journal - World -
ArcelorMittal Cautious Despite Earnings Beat
ArcelorMittal reported better-than-expected earnings for the first quarter after volumes and prices improved, but cautioned that economic sentiment remained subdued with no signs customers were restocking on inventories.The Wall Street Journal - Business -
New post-Brexit controls: a thorn for UK horticulture
Yahoo News - World - United Kingdom -
Trump posts deleted after contempt ruling
Former President Donald Trump has been fined $9,000 for violating a gag order in his New York criminal trial. The judge warned that the former president could be jailed if he violates the order again. CBS News national correspondent Errol Barnett ...CBS News - Top stories - Donald Trump -
Tatum responds to Adebayo's questionable post-whistle foul
Bam Adebayo's questionable post-whistle defense left Jayson Tatum holding his ankle on the floor in Game 4 of Celtics vs. Heat.Yahoo Sports - Sports -
NFL Power Rankings: Bengals, Jets rise with Joe Burrow, Aaron Rodgers back; stagnant Cowboys drop from top 10
Pete Prisco leans into the healthy return of two star QBs in his post-draft rankingsCBS Sports - Sports - NFL -
Shell launches $3.5 billion buyback after earning $7.7 billion
Shell’s first-quarter adjusted earnings fell by less than expected, buoyed by strong margins from crude and oil trading, while the energy giant kicked off a $3.5 billion share buyback program as it hurries to close the valuation gap between it and ...MarketWatch - Business -
CPAP Lawsuits Settled for $1.1 Billion
Thousands of people with sleep apnea and other illnesses had sued the company, claiming flawed devices were harming them.The New York Times - Health