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Latest in Bristol Myers Squibb tops earnings estimates and hikes outlook, helped by Eliquis and new drugs

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  • Bristol Myers Squibb tops earnings estimates and hikes outlook, helped by Eliquis and new drugs

    The pharmaceutical giant also raised its full-year revenue forecast to an increase of roughly 5%.
    Business - CNBC - 1 hour ago

  • Bristol Myers’s stock pops as earnings top estimates and company raises guidance

    The company says it “made important strides in the third quarter.”
    Business - MarketWatch - 3 hours ago

  • 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 - Yesterday

  • Merck tops earnings estimates on strong demand for Keytruda, new drugs even as HPV vaccine sales fall

    The company saw strong sales from its top-selling cancer drug Keytruda, recently launched treatments and its animal health business.
    Business - CNBC - 4 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

  • Comcast tops earnings estimates as Olympics propel the company

    Comcast beat third-quarter earnings estimates as the Summer Olympics in Paris boosted NBCUniversal’s revenue and Peacock’s subscriber count.
    Business - CNBC - 1 hour ago

  • Samsung falls short of expectations as chipmaker fails to reap AI benefits

    Third-quarter operating profit far lower than analyst consensus and trails domestic rival SK Hynix
    World - Financial Times - 9 hours ago

  • Donald Trump and the autocrats' playbook

    ‘This is a man who should be nowhere near power’
    World - Financial Times - 10 hours ago

  • UK Labour’s Budget borrows big, taxes more

    Chancellor Rachel Reeves announced a £40bn tax increase and a sharp rise in borrowing
    World - Financial Times - 10 hours ago

  • Bank of Japan holds rates but signals normalisation still on track

    Political uncertainty following election upset raises risks of abrupt policy shifts, warn analysts
    World - Financial Times - 7 hours ago

  • FirstFT: US consumers continue to spend, spend, spend

    Also in today’s newsletter, North Korea fires its longest-ever test missile, and the activists ready to challenge the election result
    World - Financial Times - 4 hours ago

  • Making sense of sentiment

    And Trump equity trades
    World - Financial Times - 8 hours ago

  • Stellantis hit by sales slide in US and Europe

    Fiat, Jeep and Peugeot owner suffers 27% drop in third-quarter sales but signals improvement to US inventory
    World - Financial Times - 7 hours ago

  • Peloton’s stock soars after company names Apple Fitness+ co-founder as new CEO

    Peloton announced the appointment of Peter Stern as new CEO effective Jan. 1. Stern is the co-founder of Apple Fitness+ and has done stints at Ford Motor Co. and Time Warner Cable.
    Business - MarketWatch - 1 hour 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

  • 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 - 23 hours ago

  • 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 - Yesterday
  • Ravouvou double as Bristol beat Saints to go top

    Ravouvou double as Bristol beat Saints to go top

    Bristol go top of the table as they claim their first Premiership home win of the season with a bonus-point victory against much-changed Northampton.
    Top stories - BBC News - 5 days 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

  • American Airlines lifts 2024 profit forecast after sales strategy shift, posts third-quarter loss

    American Airlines raised its profit forecast for the year as CEO Robert Isom said the company's sales strategy shift earlier this year is paying off.
    Business - CNBC - October 24
  • Saracens go top as Elliot Daly inspires thrilling comeback win over Bristol

    Saracens go top as Elliot Daly inspires thrilling comeback win over Bristol

    Bristol 35-37 Saracens Alex Lozowski kicks last-gasp penalty to secure victory Yet another match report with absolutely no hope of capturing everything that went on. Blame the players who keep ...
    World - The Guardian - October 19
  • Weight loss drugs may help reduce drug and alcohol misuse: Research

    Weight loss drugs may help reduce drug and alcohol misuse: Research

    Weight loss medications such as Ozempic may be able to cut drug and alcohol misuse in half, according to a new study from the scientific journal Addiction. The research, published Thursday, found ...
    Politics - The Hill - October 17

  • Genuine Parts stock slides on Q3 earnings miss, lowered outlook

    Shares of Genuine Parts Co. fell 10.1% in premarket trading after the auto-parts company reported lower-than-expected third-quarter earnings and lowered its outlook, citing weakness in market ...
    Business - MarketWatch - October 22
  • Tesla’s Shares Surge 20% After Strong Earnings and Outlook

    Tesla’s Shares Surge 20% After Strong Earnings and Outlook

    The company said profits climbed 17 percent in the third quarter. It expects car sales to rise up to 30 percent next year when it plans to begin selling new models.
    Business - The New York Times - 6 days ago

  • PayPal beat big on a profit metric, but here’s why its stock is falling

    PayPal’s fourth-quarter revenue view came in below expectations. The company said it’s focusing on “profitable growth.”
    Business - MarketWatch - 2 days ago

  • ConocoPhillips stock rises on Q3 earnings profit beat, robust outlook

    ConocoPhillips shares rose 2.8% in premarket trades Thursday after the oil giant reported better-than-expected third-quarter earnings and gave robust production guidance.
    Business - MarketWatch - 3 hours ago

  • Procter & Gamble earnings beat estimates, but weak demand in China hurts sales

    Procter & Gamble said volume fell in its Greater China market despite the earnings beat.
    Business - CNBC - October 18

  • 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 - 5 days ago

  • Coinbase’s stock falls nearly 5% as earnings fall short of estimates

    Coinbase Global Inc.’s stock fell in after-hours trading Wednesday, after the cryptocurrency exchange’s third-quarter profit and revenue fell short of estimates.
    Business - MarketWatch - 14 hours ago

  • Merck’s stock slides as Q3 earnings beat estimates, but company lowers guidance

    Merck’s stock fell Thursday morning, despite the company beating profit and sales estimates for the third quarter.
    Business - MarketWatch - 48 minutes ago

  • Bank of America tops estimates on better-than-expected trading revenue

    Bank of America benefited from its Wall Street trading and banking divisions in the third quarter, just as rival JPMorgan Chase did.
    Business - CNBC - October 15

  • 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 - October 24

  • 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 - 19 hours ago
  • Will weight-loss drugs help jobless get back into work?

    Will weight-loss drugs help jobless get back into work?

    Ministers are lauding the new generation of weight-loss drugs - but are they really the solution?
    Top stories - BBC News - October 15
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