Holiday Quarter Sales Surge
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Ford stock rises as EV losses are held in check and hybrid sales surge
Carmaker reports a better-than-expected quarter, and EV losses were around Wall Street expectations.MarketWatch - Business -
Merck’s first-quarter results beat expectations amid healthy vaccine-sales growth
Merck on Thursday reported first-quarter results that beat analysts’ expectations amid strong sales of vaccines and cancer drug Keytruda.MarketWatch - Business -
Rémy Cointreau posted a decline in sales for its fourth quarter as it continues to destock in the U.S., but saw a better-than-expected performance in China despite the complex market environment there.
Rémy Cointreau posted a decline in sales for its fourth quarter as it continues to destock in the U.S., but saw a better-than-expected performance in China despite the complex market environment there.The Wall Street Journal - World -
Sale or No Sale, TikTok Will Never Be the Same
TikTok but without the algorithm? TikTok by Meta? A new law this week puts the platform on a death watch—and none of the potential outcomes look great.Wired - Tech - Tiktok -
SKF Warns of Lower Sales
SKF said it expected a mid-single digit fall in sales in the second quarter, with market volatility and geopolitical uncertainty continuing, after it reported below-forecast sales in the first quarter but profits in line with hopes.The Wall Street Journal - World -
SKF Warns of Lower Sales
SKF said it expected a mid-single digit fall in sales in the second quarter, with market volatility and geopolitical uncertainty continuing, after it reported below-forecast sales in the first quarter but profits in line with hopes.The Wall Street Journal - Business -
Anglo American shares rally after BHP takeover approach — could lead to biggest deal of the year
BHP said it’s looking to offer 0.7097 of its shares for each Anglo American share. It now has a month to make a formal offer.MarketWatch - Business -
Sanofi Sales, Profit Beat Forecasts
Sanofi backed its full-year earnings guidance after it reported first-quarter profit ahead of consensus, with sales growth driven by continued strength in anti-inflammatory drug Dupixent and its new drug launches.The Wall Street Journal - World -
Sanofi Sales, Profit Beat Forecasts
Sanofi backed its full-year earnings guidance after it reported first-quarter profit ahead of consensus, with sales growth driven by continued strength in anti-inflammatory drug Dupixent and its new drug launches.The Wall Street Journal - Business -
AstraZeneca Earnings, Sales Beat Views
AstraZeneca reiterated its full-year guidance after posting first-quarter core earnings and sales above forecasts.The Wall Street Journal - World -
Sainsbury's: Almost everyone now shops in store
Nearly 90% of business now comes from its stores, the retailer says, as it reports a rise in food sales.BBC News - Top stories -
AstraZeneca Earnings, Sales Beat Views
AstraZeneca reiterated its full-year guidance after posting first-quarter core earnings and sales above forecasts.The Wall Street Journal - Business -
Cidara Therapeutics shares surge 30% after reacquiring flu treatment
Shares of Cidara Therapeutics rose sharply after the company announced a reshuffling of its portfolio of drug candidates.MarketWatch - Business -
Barclays shares surge as bank beats forecasts despite drop in profits
Barclays posted a 13% drop in its first quarter profits as lower fee income and a drop in the value of its loans and deposits caused its income to slumpMarketWatch - Business -
Alphabet surges past $2tn valuation as it announces first dividend
Shares of Google’s parent company jump after first-quarter earnings beat expectations and $70bn stock buybackFinancial Times - Business -
Alphabet surges past $2tn valuation as it announces first dividend
Shares of Google’s parent company jump after first-quarter earnings beat expectations and $70bn stock buybackFinancial Times - Business -
CVC shares jump in trading debut after long-awaited IPO
Private equity group says €2bn offering oversubscribed multiple times, in sign of strong investor appetiteFinancial Times - Business -
Nomura profits soar as Japan’s stock market breaks bubble-era record
Investment bank and brokerage boosted by surging stock and fixed-income tradingFinancial Times - World -
Nomura profits soar as Japan’s stock market breaks bubble-era record
Investment bank and brokerage boosted by surging stock and fixed-income tradingFinancial Times - Business -
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A Surge of Wartime Brain Injuries Is Changing Lives---and Offering Lessons
Mental-health problems often follow brain injuries. U.S. doctors are helping their Ukrainian counterparts, and learning from them.The Wall Street Journal - World -
U.S. Economy Grew at 1.6% Rate in First-Quarter Slowdown
Gross domestic product, adjusted for inflation, increased at a 1.6 percent annual rate, but the report also included more evidence that the Federal Reserve’s efforts to tame price increases have stalled.The New York Times - Top stories -
U.S. Economy Grew at 1.6% Rate in First Quarter
Consumers ensured that growth continued, but the latest data showed signs of vulnerability elsewhere.The New York Times - Business -
Trump beats Ford to reach quarter-finals
Former world champion Judd Trump moves into the quarter-final of this year's competition as he finishes off a 13-7 win over Tom Ford.BBC News - Top stories - Donald Trump -
Trump beats Ford to reach quarter-finals
Former world champion Judd Trump moves into the quarter-final of this year's competition as he finishes off a 13-7 win over Tom Ford.Yahoo Sports - Sports - Donald Trump -
ServiceNow rides wave of enterprise AI sales as results top estimates
ServiceNow Inc. is reaping the benefits nearly a year after its push into generative artificial intelligence.MarketWatch - Business -
Salesforce Unveils New Feature to Boost Sales Productivity
Salesforce's new Slack community, Salesblazer, is up and running.Inc. - Business -
Nestle Sales Growth Slows Sharply on Consumer Uncertainty
Nestle’s first-quarter organic sales missed forecasts as consumer demand remained weak, particularly in North America, while supply-chain disruptions continued to hold back volumes.The Wall Street Journal - World -
STMicroelectronics Cuts Sales Outlook as Demand Slows
STMicroelectronics lowered its full-year sales guidance after posting first-quarter revenue below forecast, as the demand for chips in the automotive sector slowed.The Wall Street Journal - World -
Unilever Backs Guidance as Sales Beat Forecasts
Unilever said it continued to expect sales to grow 3% to 5% this year, with a modest improvement in operating margin, as volumes and price dynamics normalize.The Wall Street Journal - World -
STMicroelectronics Cuts Sales Outlook as Demand Slows
STMicroelectronics lowered its full-year sales guidance after posting first-quarter revenue below forecast, as the demand for chips in the automotive sector slowed.The Wall Street Journal - World -
STMicroelectronics Cuts Sales Outlook as Demand Slows
STMicroelectronics lowered its full-year sales guidance after posting first-quarter revenue below forecast, as the demand for chips in the automotive sector slowed.The Wall Street Journal - World -
Unilever Backs Guidance as Sales Beat Forecasts
Unilever said it continued to expect sales to grow 3% to 5% this year, with a modest improvement in operating margin, as volumes and price dynamics normalize.The Wall Street Journal - Business -
STMicroelectronics Cuts Sales Outlook as Demand Slows
STMicroelectronics lowered its full-year sales guidance after posting first-quarter revenue below forecast, as the demand for chips in the automotive sector slowed.The Wall Street Journal - Business -
Nestle Sales Growth Slows Sharply on Consumer Uncertainty
Nestle’s first-quarter organic sales missed forecasts as consumer demand remained weak, particularly in North America, while supply-chain disruptions continued to hold back volumes.The Wall Street Journal - Business -
Anglo Considers Sale of Diamond Unit De Beers
The London-listed company has held conversations in recent weeks with potential buyers, including luxury houses and Gulf sovereign-wealth funds.The Wall Street Journal - World -
Hermes Posts Sales Growth Across All Markets
Hermes sales grew across its regions in the first three months of the year, helped by its wealthier client base during a quarter that was expected to be challenging for the luxury sector as a whole.The Wall Street Journal - World -
Capt Sir Tom's family home on sale for £2.25m
The Bedfordshire home that the veteran fundraiser lived in with his family is now on the market.BBC News - Top stories -
Anglo Considers Sale of Diamond Unit De Beers
The London-listed company has held conversations in recent weeks with potential buyers, including luxury houses and Gulf sovereign-wealth funds.The Wall Street Journal - World -
Hermes Posts Sales Growth Across All Markets
Hermes sales grew across its regions in the first three months of the year, helped by its wealthier client base during a quarter that was expected to be challenging for the luxury sector as a whole.The Wall Street Journal - Business