The pharmaceutical company booked net income of $9.9 billion, a 78% increase over the same period during 2021.
Schlagwort-Archiv: CNBC
Barclays posts profit slump after hit from costly trading error in the U.S.
Barclays took charges of £1.9 billion for the first half, including £1.3 billion related to its trading blunder in the U.S.
Meta reports earnings, revenue miss and forecasts second straight quarter of declining sales
Meta’s second-quarter earnings report comes after a 50% plunge in the company’s stock price this year.
Etsy shares pop as company beats on top and bottom lines
Etsy shares jumped more than 15% in after-hours trading on Wednesday after the company’s second quarter earnings beat on top and bottom lines.
Credit Suisse CEO to step down from embattled investment bank, WSJ says
The Zurich-based bank will soon announce the departure of Gottstein after a series of embarrassing mishaps and unprofitable quarters, according to the Journal.
Top Federal Reserve officials say they misread inflation and now plan to correct the course
It’s the Federal Reserve task to tame inflation that is running at a pace not seen in four decades. To do so, it has been hiking interest rates at a fast pace.
Credit Suisse chairman denies plans to sell or raise capital after mammoth loss
Credit Suisse Chairman Axel Lehmann has denied any intention to sell or merge the embattled Swiss lender after it reported a massive second-quarter loss.
Stocks making the biggest moves premarket: Boeing, Hilton, Spotify, Garmin and more
These are the stocks posting the largest moves before the bell.
China’s property sales are set to plunge 30% — worse than in 2008, S&P says
China’s property sales are set to plunge this year by more than they did during the 2008 financial crisis, according to new estimates from S&P Global Ratings.
Deutsche Bank beats expectations to post eighth straight quarter of profit
Deutsche Bank beat market expectations to post an eighth straight quarter of profit on Wednesday, recording a second-quarter net income of 1.046 billion euros ($1.06 billion).