Weight loss, diabetes drugs propel Eli Lilly to better-than-expected forecast for 2024
The popular diabetes treatment Mounjaro pushed Eli Lilly past fourth-quarter forecasts, and the drugmaker expects 2024 to turn out largely better than expected too, as new products build momentum. Lilly debuted on Tuesday a forecast for the new year that calls for adjusted earnings ranging from…#elililly #lilly #zepound #mounjaro #zepbound #leqembi (Source: Reuters: Health)
Source: Reuters: Health - February 6, 2024 Category: Consumer Health News Source Type: news
TMX Group reports $84.4-million fourth-quarter profit, revenue up 9% from year ago
TMX Group Ltd. X-T reported a fourth-quarter profit attributable to equity holders of $84.4-million as its revenue rose nine per cent compared with a year earlier. The operator of the Toronto Stock Exchange says the profit amounted to 31 cents per diluted share for the quarter ended Dec. 31…#tmxgroupltd #torontostockexchange #tmxgroup #davidarnold #vettafiholdings #vettafi (Source: Reuters: Health)
Source: Reuters: Health - February 6, 2024 Category: Consumer Health News Source Type: news
Sphere Losses Grow as Venue Prepares Full Calendar for 2024
In its first full quarter of operation, Sphere, the next-generation music venue in Las Vegas, lost $193.9 million on revenue of $167.8 million, its owner, Sphere Entertainment Co., announced Monday (Feb. 5). The company posted an adjusted operating gain of $14.1 million if “certain corporate…#lasvegas #sphere #sphereexperiences #u2 #phishanddeadcompany #jimdolan #dolan #includingmsgnetworks #sphereentertainment #msgnetworks (Source: Reuters: Health)
Source: Reuters: Health - February 6, 2024 Category: Consumer Health News Source Type: news
Spirit AeroSystems Withholds Financial Guidance Due to Boeing Issues
The airline said it is seeking clarity on whether Boeing, its main customer, gets approval from regulators to ramp up 737 MAX production. Spirit swung to a profit in the fourth quarter.#boeing #max #spirit (Source: Reuters: Health)
Source: Reuters: Health - February 6, 2024 Category: Consumer Health News Source Type: news
Centene Turns A Profit Thanks To Big Jump In Obamacare Enrollment
Centene reported fourth quarter profits of $45 million thanks to a big increase in Obamacare coverage. (Source: Forbes.com Healthcare News)
Source: Forbes.com Healthcare News - February 6, 2024 Category: Pharmaceuticals Authors: Bruce Japsen, Senior Contributor Tags: Healthcare /healthcare Innovation /innovation business pharma standard Source Type: news
Toyota Motor Reports Profit Rise as Sales Grew
The Japanese carmaker reported higher third-quarter net profit as sales grew thanks partly to strong demand and an easing semiconductor shortage, as it raised its fiscal-year earnings forecast. (Source: Reuters: Health)
Source: Reuters: Health - February 6, 2024 Category: Consumer Health News Source Type: news
Hits $96,000,000,000 in Market Cap Following Record-Breaking Net Profit in Q4 2023
Stablecoin issuer Tether’s USDT is closing in on a $100 billion market cap after the firm saw record-breaking profits last quarter. According to Tether’s last earnings report, the company made $2.85 billion in profits during the fourth quarter of 2023, the highest the firm has ever seen, which was…#stablecoin #usdt #tether #ustreasuries #usdc #circle #binancesbusd #busd #dailyhodl (Source: Reuters: Health)
Source: Reuters: Health - February 5, 2024 Category: Consumer Health News Source Type: news
McDonald ’s records first quarterly sales miss in nearly four years on slow international business
McDonald’s MCD-N reported its first quarterly sales miss in nearly four years on Monday, squeezed by weak sales growth in its business division that includes the Middle East, China and India. However, the company’s overall net profit rose 7 per cent in the fourth quarter, thanks to higher menu…#mcdonaldsmcdn #middleeast #comparable #mcdonalds #chriskempczinski #israel #proisraeli #starbucks #placerai #wellsfargo (Source: Reuters: Health)
Source: Reuters: Health - February 5, 2024 Category: Consumer Health News Source Type: news
Indian Shares End Lower, Tracking Asian Markets
Bajaj Finserv and Bajaj Finance fell 2.3% and 3.5%, respectively, leading losses. State Bank of India lost 1.1% after its third-quarter net profit declined 29% on year. Axis Bank lost 0.6% and ICICI Bank was down 0.1%. Bharti AirTel closed 3.2% lower after its third-quarter net profit missed…#bajajfinserv #statebankofindia #axisbank #icicibank #bhartiairtel (Source: Reuters: Health)
Source: Reuters: Health - February 5, 2024 Category: Consumer Health News Source Type: news
Tether Smashes Profit Records: $2.85 Billion Surge in Q4 2023
Stablecoin issuer Tether experienced a “record-breaking” net profit surge, amounting to $2.85 billion in the fourth quarter of 2023. Around $1 billion of this profit stemmed from net operating gains, largely derived from interests in the US Treasury, with the remainder mainly coming from the…#stablecoin #tether #ustreasury #bdoitaly #usdt #ustreasuries #reverserepo #paoloardoino #tethersq4 #bitcoin (Source: Reuters: Health)
Source: Reuters: Health - February 3, 2024 Category: Consumer Health News Source Type: news
Exxon overcomes hefty charge and falling crude prices in fourth quarter to top profit expectations
Exxon Mobil’s fourth-quarter revenue and profits declined as the oil giant was weighed down by a hefty impairment charge tied to regulatory issues in California File - A sign marks the entrance to an ExxonMobil fuel storage and distribution facility in Irving, Texas, Jan. 25, 2023. Exxon Mobil…#exxonmobils #exxonmobil #irving #apphotolmoterofile #exxon #denburyresources #pioneer #chevron #hesscorp #sanramon (Source: Reuters: Health)
Source: Reuters: Health - February 2, 2024 Category: Consumer Health News Source Type: news
Stocks making the biggest premarket moves: Meta, Amazon, Bristol-Myers Squibb, Chevron and more
Check out the companies making the biggest moves in premarket trading. Meta — Shares soared 17% after the tech giant reported profits that tripled in the fourth quarter and issued its first-ever dividend payout. Earnings per share came in at $5.33, topping the $4.96 expected from analysts polled…#refinitiv #amazon #bristolmyerssquibb #chevron #deckersoutdoor #exxonmobil #apple #clorox #microchiptechnology #cigna (Source: Reuters: Health)
Source: Reuters: Health - February 2, 2024 Category: Consumer Health News Source Type: news
AbbVie Lifts Long-Term Outlook For New Immunology Drugs, Even As Q4 Revenue and Profit Fall
Friday, AbbVie Inc ABBV reported fourth-quarter adjusted EPS of $2.79, down 22.5% Y/Y, beating the consensus of $2.77. Fourth-quarter net revenues reached $14.301 billion, down 5.4% Y/Y, beating the consensus of $14.02 billion. The immunology portfolio generated $6.95 billion in sales, down 12.3%.…#abbvieincabbv #eps #humira #rinvoq #imbruvica #venclexta #abbvie #immunogenincimgn #neuroscience #botoxtherapeutic (Source: Reuters: Health)
Source: Reuters: Health - February 2, 2024 Category: Consumer Health News Source Type: news
Exxon Mobil ’s stock gains as profit beat views, offsetting a big revenue miss
Shares of Exxon Mobil Corp. gained Friday, after the oil and gas giant reported fourth-quarter profit that dropped but beat expectations, offsetting revenue that fell well short of forecasts. The company said it returned a “peer-leading” $32.4 billion to shareholders in 2023, including $14.9…#exxonmobilcorp #exxon #jefferies #lloydbyrne #guyana #pipersandler #permian #pioneer #mobillithium #exxonmobils (Source: Reuters: Health)
Source: Reuters: Health - February 2, 2024 Category: Consumer Health News Source Type: news
Meta Profits Skyrocket, Gives Back To Investors In First Dividend
Meta reported fourth-quarter revenue of $40.1 billion on Thursday, sending the company's stock soaring after hours. The company announced its first dividend distribution in its history. The report comes as Meta seeks to integrate artificial intelligence (AI) tools into its core products. In a…#meta #markzuckerberg #cfo #susanli #facebookinstagram #whatsapp (Source: Reuters: Health)
Source: Reuters: Health - February 2, 2024 Category: Consumer Health News Source Type: news
