CVS Health Profits Hit $2 Billion As Company Benefits From Obamacare And New Businesses
CVS Health reported fourth quarter net income of $2 billion thanks to double-digit percentage growth in the company ’s healthcare benefits and services businesses. (Source: Forbes.com Healthcare News)
Source: Forbes.com Healthcare News - February 7, 2024 Category: Pharmaceuticals Authors: Bruce Japsen, Senior Contributor Tags: Healthcare /healthcare Innovation /innovation Business /business Retail /retail pharma standard Source Type: news
Akzo Nobel Profit Jumps But Falls Short of Forecasts
Akzo Nobel reported fourth-quarter operating profit of €221 million and said it targeted higher adjusted earnings for 2024.#akzonobel (Source: Reuters: Health)
Source: Reuters: Health - February 7, 2024 Category: Consumer Health News Source Type: news
Siemens Energy Posts Profit as Orders Surge
Siemens Energy swung to a net profit in the first quarter of fiscal 2024, helped by a 24% rise in orders and reiterated its outlook for the year.#siemensenergy (Source: Reuters: Health)
Source: Reuters: Health - February 7, 2024 Category: Consumer Health News Source Type: news
Handelsbanken Hikes Dividend as Fourth-Quarter Profit Beats
(Source: Reuters: Health)
Source: Reuters: Health - February 7, 2024 Category: Consumer Health News Source Type: news
Spotify's price increase, greater cost discipline and growing ad business helped the company narrow losses in the final quarter of 2023
(Source: Reuters: Health)
Source: Reuters: Health - February 7, 2024 Category: Consumer Health News Source Type: news
Ford posts $523 million 4Q net loss on accounting charge for pensions but beats analyst estimates
Ford Motor Co. swung to a net loss in the fourth quarter due to a large accounting charge on pension plans and the effects of a six-week strike at multiple factories by the United Auto Workers union. The Dearborn, Michigan, automaker posted a $523 million net loss from October through December…#fordmotorco #unitedautoworkers #dearborn #michigan #ford #uaw #louisville #kentucky #generalmotors #jeep (Source: Reuters: Health)
Source: Reuters: Health - February 6, 2024 Category: Consumer Health News Source Type: news
New York Community Bancorp stock falls 22% as slump extends
A screen displays the trading information for New York Community Bancorp on the floor at the New York Stock Exchange on Jan. 31, 2024. Shares of New York Community Bancorp dove another 22% on Tuesday, extending a sell-off since the lender reported a surprise quarterly loss last week and putting…#cre #russellhackmann #treasury #janetyellen #kbwregionalbanking #nycb #signaturebank #fitch #brooklyn (Source: Reuters: Health)
Source: Reuters: Health - February 6, 2024 Category: Consumer Health News Source Type: news
Ford Reports Quarterly Loss but Says Sales Grew
Ford Motor said it lost $526 million in the final three months of 2023, mainly as a result of special charges related to its employee pension programs and the reorganization of some of its overseas operations. The automaker said its fourth-quarter revenue rose to $46 billion, from $44 billion a…#fordmotor #ford (Source: Reuters: Health)
Source: Reuters: Health - February 6, 2024 Category: Consumer Health News Source Type: news
Medtech Giant Edwards Top Sales Views, But Slips On In-Line Profit
Medtech giant Edwards Lifesciences (EW) reported in-line profit late Tuesday and a narrow sales beat for the fourth quarter. But EW stock slumped in late trades. During the fourth quarter, sales grew 14% to $1.53 billion. Excluding the impact of exchange rates, sales rose 13%. Analysts expected a…#medtech #edwardslifesciences #eps #marketsmithcom #allisongatlin #ibdagatlin (Source: Reuters: Health)
Source: Reuters: Health - February 6, 2024 Category: Consumer Health News Source Type: news
Edwards Lifesciences Dips On In-Line Profit, Narrow Sales Beat
Edwards Lifesciences reported better-than-expected fourth-quarter sales and in-line profit. But EW stock fell in late trades Tuesday. The post Edwards Lifesciences Dips On In-Line Profit, Narrow Sales Beat appeared first on Investor's Business Daily.#edwardslifesciences #inlineprofit (Source: Reuters: Health)
Source: Reuters: Health - February 6, 2024 Category: Consumer Health News Source Type: news
Gilead Rode An Unexpected Source For Its Sales Beat, But Profit Came Up Short
Gilead came up with a mixed fourth quarter late Tuesday as sales of its Covid treatment bolstered sales. GILD stock slipped in late trades. The post Gilead Rode An Unexpected Source For Its Sales Beat, But Profit Came Up Short appeared first on Investor's Business Daily.#gild (Source: Reuters: Health)
Source: Reuters: Health - February 6, 2024 Category: Consumer Health News Source Type: news
Eli Lilly CFO: Weight-loss drug demand will outstrip GLP-1 supply through 2024
shares were down slightly Tuesday despite reporting better-than-expected earnings on both the top and bottom lines for the final quarter of 2023, driven by an expected boost from GLP-1 products Mounjaro and Zepbound. The company is trading at $705 per share, after popping in pre-market trading on…#glp1 #mounjaro #zepbound #lilly #davidricks #ricks #novonordisk #nvo #elililly #anatashkenazi (Source: Reuters: Health)
Source: Reuters: Health - February 6, 2024 Category: Consumer Health News Source Type: news
Ford earnings: Automaker easily beats on Q4 revenue; 2024 profit outlook tops expectations
shares are pulling higher after hours after the automaker reported fourth quarter sales that easily topped expectations and projected a full-year profit outlook that beat estimates, though the company still sees more losses for its EV unit. The results come after GM reported strong results and…#ford #unitedautoworkers #uaw #eps #preuaw #jimlawler #fordblue #fordmodel #fordpro #ebit (Source: Reuters: Health)
Source: Reuters: Health - February 6, 2024 Category: Consumer Health News Source Type: news
Snap Hits 414M Active Users, Losses Narrow to $248M for Latest Quarter
One day after announcing plans to reduce its workforce by 10 percent, Snap Inc. reported fourth-quarter 2023 earnings that mostly beat Wall Street expectations. The tech company, led by CEO Evan Spiegel, reported revenue of $1.36 billion in Q4, up 5 percent compared to the same quarter last year.…#snapinc #evanspiegel #q4 (Source: Reuters: Health)
Source: Reuters: Health - February 6, 2024 Category: Consumer Health News Source Type: news
Snap shares plunge 30% in the wake of quarterly loss, layoffs
(Source: Reuters: Health)
Source: Reuters: Health - February 6, 2024 Category: Consumer Health News Source Type: news
