CVS posts mixed results, holds off on guidance in Joyner's first earnings report as CEO

CVS expects elevated medical costs to continue to pressure its performance this year, "and as a result we are not providing a formal outlook at this time."

Business - CNBC - 2 hours ago

This 1 Challenge Will Test New CVS Health CEO David Joyner

The industry-wide rise in health coverage costs makes the company’s Aetna unit the new leader’s most difficult problem.

Business - Inc. - October 21

CVS replaces CEO Karen Lynch with exec David Joyner as profits, share price suffer

David Joyner has replace Karen Lynch as CVS CEO, as the company's stock price and performance suffers.

Business - CNBC - October 18

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

New Boeing CEO sets sights on 'leaner' future as quarterly loss tops $6 billion

Boeing had released preliminary results earlier this month showing a big loss and $5 billion in charges across its defense and commercial units.

Business - CNBC - October 23

Apple sales rise 6%, company seeing early iPhone 16 demand

Apple reported earnings after the bell. Here are the results.

Business - CNBC - 5 days ago

CVS replaces CEO as profits, share price suffer

Longtime CVS Health executive David Joyner has replaced Karen Lynch as CEO, as the company struggles to drive higher profits and stock performance, CVS announced Friday.

Trump Media posts heavy losses in surprise election-night earnings report

Nasdaq halts trading of the company’s stock several times as its price rises and falls by huge percentages. Donald Trump’s tiny social media empire revealed another heavy loss and a fall in sales ...

World - The Guardian - 15 hours ago

US shares and Bitcoin hit record high on Trump win

The result could have a far-reaching implications for tax and trade policy, as well as economies around the world.

Global water cycle off balance for 'first time in human history': Report

The world’s water cycle is out of balance ”for the first time in human history,” according to a new report. The Global Commission on the Economics of Water, which is made up of global experts, ...

Politics - The Hill - October 17

ABB Posts Higher Profit, Raises Margin Guidance

The Swiss industrial-technology company’s profit and revenue rose as the electrification business offset weakness in robotics, discrete automation and e-mobility.

Business - The Wall Street Journal - October 17

Adidas Raises Guidance on Better-Than-Expected Results

The German sportswear company cited better-than-expected results for the third quarter and brand momentum.

Business - The Wall Street Journal - October 15

New York Liberty hold off Minnesota Lynx in overtime to win first WNBA title

New York beat Minnesota 67-62 in Game 5 of finals Liberty win first title in franchise’s 28-year history WNBA finals Game 5 – as it happened The New York Liberty are WNBA champions for the ...

World - The Guardian - October 21

Follow live: Rodgers, Jets look to snap five-game losing streak, host Texans

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Sports - ESPN - 5 days ago

Starbucks scraps 2025 guidance after fall in sales and earnings

New chief Brian Niccol vows ‘to fundamentally change our strategy’ to return to growth

Business - Financial Times - October 22

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 - October 24

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 - October 29

Microsoft dips on weak guidance after beating on earnings

Microsoft reported better-than-expected results for the fiscal first quarter as Azure topped estimates. But quarterly growth guidance was light.

Business - CNBC - 6 days ago

Coterra Energy posted a mixed quarter, but delivered beats where it matters most

Once again, management's strict adherence to cost discipline meant strong earnings and free cash flow generation.

Business - CNBC - 4 days ago

China's Top Oil Companies Turn in Mixed Results Amid Weak Demand

State-controlled producer PetroChina posted lower profit and revenue, rounding out mixed results for the country’s big three oil companies.

Business - The Wall Street Journal - October 29

A promising schizophrenia drug showed mixed results. What does that mean for patients?

Some people who took a new schizophrenia drug for one year improved with only a few side effects, but many dropped out of the research

Health - ABC News - 5 days ago

A promising schizophrenia drug showed mixed results. What does that mean for patients?

Some people who took a new schizophrenia drug for one year improved with only a few side effects, but many dropped out of the research

Health - ABC News - 5 days ago

CVS Health CEO Karen Lynch steps down after 19% stock plunge

CVS Health CEO Karen Lynch has stepped down and is being replaced by David Joyner amid struggles with rising costs.

Cramer's week ahead: The election, Fed decision and earnings from Super Micro, Arm, Qualcomm and CVS

CNBC's Jim Cramer is eyeing earnings from Berkshire Hathaway, Super Micro, CVS, Ferrari, Arm Holdings, Qualcomm, Palantir and DraftKings.

Business - CNBC - 4 days ago

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

Novartis Lifts Guidance Again After Key Drugs Help Results

The pharmaceutical giant raised its full-year guidance for the third time this year after higher third-quarter profit and sales topped analysts’ expectations, boosted by revenue from its key drugs.

Business - The Wall Street Journal - October 29

Akzo Nobel Sees Full-Year Earnings at Lower End of Guidance

The Dutch paints company reported a fall in third-quarter net profit, missing consensus views, and said it expected full-year earnings at the lower end of its guidance.

Business - The Wall Street Journal - October 23

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 - October 24

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 - 6 days 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 - 6 days 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 - 6 days ago

Intel shares jump 7% on earnings beat, uplifting guidance

Intel reported better-than-expected earnings following a quarter filled with challenges.

Business - CNBC - 5 days ago

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