Latest in Eli Lilly stock tumbles 10% after drug giant misses estimates and slashes profit guidance
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Lilly's weight loss drug shortage deemed over, but hurdles remain
Some patients fear tirzepatide, sold by Eli Lilly under the brand names Zepbound and Mounjaro, will be hard to get and prohibitively expensive once compounding pharmacies are no longer producing it.Top stories - CBS News - October 23 -
PayPal shares fall on revenue miss, soft guidance
PayPal reported better-than-expected third-quarter earnings on Tuesday, but revenue came in slightly below expectations.Business - CNBC - 23 hours 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 -
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 -
Lucid stock tumbles following public offering to raise $1.67 billion
Lucid intends to use the proceeds "for general corporate purposes, which may include, among other things, capital expenditures and working capital."Business - CNBC - October 17 -
JetBlue’s stock tumbles as downbeat revenue outlook raises risk of more losses
JetBlue’s stock sinks after Q3 results beat expectations but the Q4 revenue outlook disappointed.Business - MarketWatch - Yesterday -
Super Micro’s troubles build as auditor resigns, sending stock tumbling 30%
Super Micro filing indicates Ernst & Young flagged governance concerns back in July, which was before a short seller’s report put them on the minds of investors.Business - MarketWatch - 2 hours ago -
Florida State falls from preseason top 10 to likely missing a bowl game after loss to rival Miami
One year after an undefeated regular season, the Seminoles have guaranteed themselves a losing record before the calendar turns to NovemberSports - CBS Sports - 3 days ago -
Chipotle misses revenue estimates as same-store sales growth disappoints
Chipotle's same-store sales rose 6% in the third quarter, just missing Wall Street's expectations.Business - CNBC - 4 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 - 23 hours ago -
Clariant Third-Quarter Profits Miss Expectations
The chemicals company reported weaker results for the three months through September and cautioned that it didn’t expect a significant economic recovery in 2024 due to persistent economic challenges.Business - The Wall Street Journal - Yesterday -
2025 NFL Draft order after Week 7: One-win teams battle for No. 1 pick; Raiders, Giants positioned in top 10
A look at the current draft orderSports - CBS Sports - 6 days ago -
Traton Gains After Results Beat Estimates
Traton shares rose after the truck maker’s supply issues cleared and its Scania brand helped lift results above analysts’ estimates.Business - The Wall Street Journal - October 22 -
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 -
Michelin Lowers Guidance After Sales Fall
The market downturn in Europe was caused by customers’ weaker purchasing power due to high interest rates and uncertainties over the pace of the transition to electric vehicles, Michelin said.Business - The Wall Street Journal - October 23 -
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 -
Hasbro’s third-quarter profit beats expectations, but its stock slips
Hasbro Inc.’s third-quarter profit beat expectations Thursday, fueled by its gaming and licensing businesses shares, but the toy maker’s stock is down 4%.Business - MarketWatch - 6 days ago -
England on brink of series defeat as wickets tumble after Pakistan fightback
Third Test, day two: England 267 & 24-3; Pakistan 344 Tourists still trail by 53 with openers and Ollie Pope gone Welcome to the house of Saud. England crossed the threshold on Friday hoping to ...World - The Guardian - 5 days ago -
Electrolux Shares Tumble After North America Weakness Weighs on Results
Electrolux shares fell sharply after the company reported third-quarter profit that missed analysts’ expectations on continued weakness in North America, where it is turning to promotions to entice ...Business - The Wall Street Journal - 5 days ago -
Oil tumbles after Israel refrains from attacking Iran’s refining facilities
Brent crude drops more than 6% as Tehran gives measured response to strikesWorld - Financial Times - Yesterday