The pharmaceutical giant’s quarterly results also benefited from a smaller-than-feared drop in sales for its Covid antiviral pill Paxlovid.
Schlagwort-Archiv: CNBC
Yum Brands earnings miss estimates as Pizza Hut, KFC sales disappoint
KFC and Pizza Hut reported same-store sales declines, while Taco Bell’s same-store sales rose just 1%.
CVS shares plummet 18% as health company slashes profit outlook on higher medical costs
CVS and other insurers have seen medical costs spike as many Medicare Advantage patients return to hospitals to undergo procedures they delayed during Covid.
Luxury carmaker Aston Martin slumps 6% as losses nearly double
Adjusted loss before tax was £110.5 million ($137.8 million) compared to a loss of £57.3 million the previous year.
Bonds offer income and some volatility protection. Pick out the right bond fund for your portfolio
Having a diversified portfolio means you should have some of your money in bonds. Here’s what to know
HSBC beats expectations in first quarter earnings; CEO Noel Quinn to retire
The company also announced the surprise retirement of Group Chief Executive Officer Noel Quinn.
Eli Lilly beats on quarterly profit, hikes full-year guidance on strong sales of Zepbound, Mounjaro
Zepbound reported $517.4 million in sales for the quarter, even as most doses of the drug slipped into shortages in the U.S.
McDonald’s earnings miss estimates as diners pull back, Middle East boycotts hit sales
McDonald’s shares have fallen 7.5% over the last year, dragging its market value down to $197 billion.
Coca-Cola tops earnings estimates, hikes revenue outlook on higher prices
Shares of Coke have fallen 3.5% over the last year, dragging the company’s market value down to $267 billion.
Jeep maker Stellantis down 7% on sharp fall in revenue as it prepares for slew of new models
Global automaker Stellantis on Tuesday reported a 12% decline in revenue in the first quarter, citing lower sales and foreign exchange effects.