Latest in Biogen’s stock pops after earnings top estimates and company raises guidance
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Biogen’s stock hit by soft sales of Alzheimer’s treatment
“We continue to see momentum with ongoing product launches and we are increasingly excited about the potential of our pipeline,” the company’s CEO said.Business - MarketWatch - 1 hour ago -
Pfizer’s earnings crush estimates as company raises guidance
Drug company Pfizer saw strong growth for its heart-disease drugs and migraine treatment.Business - MarketWatch - Yesterday -
Biogen tops estimates, raises profit guidance as Alzheimer's drug Leqembi gains traction
Leqembi, along with rare disease and depression treatments, helped offset a year-over-year decline in revenue for the company's multiple sclerosis products.Business - CNBC - 4 hours ago -
Centene’s stock soars 11% after earnings sweep past estimates and company backs guidance
Chief Executive Sarah M. London said the company had navigated a “dynamic landscape” in the quarter amid turmoil in the Medicaid business.Business - MarketWatch - 5 days ago -
GM stock has best day since 2020 after automaker tops Wall Street's third-quarter expectations, raises guidance
GM's quarterly report comes just two weeks after an investor day in which the company indicated its earnings strength is expected to continue into next year.Business - CNBC - October 22 -
Pfizer tops earnings estimates, hikes full-year guidance as Covid products help sales
It is a critical quarterly report for Pfizer, which is grappling with activist pressure from Starboard Value.Business - CNBC - 23 hours ago -
AutoNation’s stock falls after earnings fall short of estimates
The new- and used-car retailer is still feeling the impact of a recent dealership-software outage.Business - MarketWatch - 4 days ago -
Eli Lilly stock tumbles after drug giant misses estimates and slashes profit guidance
Skyrocketing demand for weight loss and diabetes drugs has forced Eli Lilly and Novo Nordisk, to invest billions to increase manufacturing capacity.Business - CNBC - 3 hours ago -
Citigroup earnings top estimates, but stock falls as bank boosts loan loss reserves
The bank's third-quarter report was stronger than Wall Street expected but still showed a year-over-year decline in earnings.Business - CNBC - October 15 -
Reddit’s stock soars after social-media platform turns a profit, beats Q3 sales and earnings estimates
Reddit said Tuesday that it turned a profit in its third quarter — a first for the social-media platform since becoming a public company earlier this year.Business - MarketWatch - 17 hours ago -
CVS cuts outlook yet again — while swapping out CEO for a company veteran
“The shift in management is not surprising as the company looks to level set its operations and strategically position itself for future growth,” analyst said.Business - MarketWatch - October 18 -
Dassault Systemes Cuts Guidance After Earnings Disappoint
The French software maker lowered its guidance for the year after revenue and operating profit came in shy of analyst expectations in the third quarter.Business - The Wall Street Journal - 6 days ago -
We're raising our Morgan Stanley price target after a post-earnings stock surge to record highs
Morgan Stanley's third-quarter beat on the top and bottom lines, with strength seen across the board.Business - CNBC - October 16 -
Companies’ earnings reports increase volatility of US stocks
Share prices swing as high valuations and uncertain outlook put investors on edgeWorld - Financial Times - 4 days ago -
Johnson & Johnson’s stock falls despite Q3 sales beat and guidance raise
Johnson & Johnson reported better-than-expected third-quarter sales and raised its full-year revenue guidance.Business - MarketWatch - October 15 -
Harley-Davidson’s stock falls as motorbike maker lowers guidance to reflect still-pressured consumer
Harley-Davidson’s stock was down Thursday, after the iconic motorbike maker topped estimates for the third quarter despite steep declines in profit and revenue, but lowered its full-year guidance ...Business - MarketWatch - 5 days ago -
Walgreens says it will close 1,200 stores by 2027, as earnings top estimates
The drugstore chain Walgreens said it plans to close roughly 1,200 stores over the next three years, which includes 500 closures in fiscal 2025 alone.Business - CNBC - October 15 -
Coca-Cola tops earnings estimates, as higher prices offset sluggish demand
Shares of Coke have climbed 18% this year, raising the company's market value to nearly $300 billion.Business - CNBC - October 23 -
Morgan Stanley shares pop 7% after beating estimates for third-quarter profit and revenue
Morgan Stanley has several tail winds in its favor, from high stock values to a rebound in investment banking and strong trading activity.Business - CNBC - October 16 -
Entain Raises Full-Year Guidance After Results Exceed Expectations
Ladbrokes owner Entain raised its full-year guidance and reported third-quarter results that exceeded its own expectations, helped by growth in the U.S.Business - The Wall Street Journal - October 17 -
Telia Raises Guidance After Key Metric Profit Beat
The Swedish telecommunications operator said it expected stronger growth momentum in the fourth quarter of the year and raised its guidance as it reported a slight beat on adjusted underlying ...Business - The Wall Street Journal - 6 days ago -
UBS has just lowered earnings estimates — and raised its S&P 500 target
UBS on Tuesday issued an unusual pairing, reducing its estimates for earnings growth while at the same time lifting its S&P 500 target for this year and next.Business - MarketWatch - October 15 -
Starbucks scraps 2025 guidance after fall in sales and earnings
New chief Brian Niccol vows ‘to fundamentally change our strategy’ to return to growthBusiness - Financial Times - October 22 -
Southwest Airlines profit tops estimates, company expects higher revenue in fourth quarter
Southwest said travel demand remains healthy and it expects unit revenue for the fourth quarter to grow 3.5% to 5.5%.Business - CNBC - 6 days ago -
Sam Altman’s Reddit stake now worth over $1 billion after post-earnings pop
OpenAI CEO Sam Altman's stake in Reddit has ballooned to more than $1 billion in value, as of after-hours trading on Tuesday.Business - CNBC - 20 hours ago -
Trump’s ex-chief of staff says he is a fascist and would govern as a dictator
Four-star US General John Kelly’s claims were reported in blockbuster comments to The New York TimesWorld - Financial Times - October 23 -
Investors pile into emerging-market funds that cut out China
Demand for ‘ex-China’ strategies soar as tensions with west linger, despite recent stock reboundWorld - Financial Times - October 23 -
UK ministers explore using break clauses in asylum housing contracts
Home Office aims to revise terms or terminate after being ‘shocked’ by private companies’ profitsWorld - Financial Times - October 23 -
Boeing’s stock reverses lower after announcing a $19 billion capital raise
.Boeing’s stock knee-jerked higher after a larger-than-expected capital raise was announced, but then quickly resumed its decline.Business - MarketWatch - 2 days ago