Latest in Missing Estimates
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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 - October 25 -
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 - October 29 -
McDonald’s CEO apologizes for E. coli outbreak, as fast-food giant’s earnings beat estimates
McDonald’s is encouraged by signs of progress in the third quarter.Business - MarketWatch - October 29 -
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 - October 30 -
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 - October 30 -
10-, 30-year Treasury yields drop again after GDP data opens door to Q4 slowdown
Yields on long-dated Treasurys closed lower on Wednesday after a weaker-than-expected reading on third-quarter U.S. economic growth gave way to the possibility of another slowdown in the final ...Business - MarketWatch - 6 days 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 HynixWorld - Financial Times - 6 days ago -
Donald Trump and the autocrats' playbook
‘This is a man who should be nowhere near power’World - Financial Times - 6 days ago -
UK Labour’s Budget borrows big, taxes more
Chancellor Rachel Reeves announced a £40bn tax increase and a sharp rise in borrowingWorld - Financial Times - 6 days ago -
Bank of Japan holds rates but signals normalisation still on track
Political uncertainty following election upset raises risks of abrupt policy shifts, warn analystsWorld - Financial Times - 6 days 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 resultWorld - Financial Times - 6 days ago -
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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 inventoryWorld - Financial Times - 6 days ago -
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 - 5 days ago -
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 - 5 days ago -
Peloton’s stock soars 30% 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 - 5 days ago -
Yum Brands’ earnings fall short of estimates as Pizza Hut parent says consumers are still pressured
Only Taco Bell managed same-store sales gains.Business - MarketWatch - Yesterday -
Pulisic, Pepi, McKennie to miss U.S.-Mexico game
Christian Pulisic, Ricardo Pepi and Weston McKennie will miss the United States' friendly at Mexico on Tuesday in order to return to their clubs in Europe.Sports - ESPN - October 14 -
Important Philadelphia Flyers Winger Misses Practice
This Philadelphia Flyers forward did not participate in the club's latest practice.Sports - Yahoo Sports - October 15 -
Louis Vuitton Owner LVMH Misses Revenue Expectations
The French luxury empire said the decline in revenue during the quarter was mainly due to lower growth in Japan.Business - The Wall Street Journal - October 15 -
Behind the Mysterious Downfall of China's Missing Foreign Minister
A three-part podcast series digs into why Qin Gang vanished from view in June 2023.World - The Wall Street Journal - October 18 -
Oklahoma turns to QB Arnold for Ole Miss game
Oklahoma's Jackson Arnold will get the start at quarterback when the Sooners visit No. 18 Ole Miss on Saturday, coach Brent Venables said Monday night.Sports - ESPN - October 21 -
Embiid to miss first week; George out for opener
The 76ers announced that Joel Embiid and Paul George will both miss Wednesday's season opener and that Embiid would be out at least two more games.Sports - ESPN - October 22 -
Search to resume for child missing presumed dead
Gardai (Irish police) are continuing the search in Dundalk after eight-year-old Kyran Durnin's disappearance.Top stories - BBC News - October 23