The results come as Bristol Myers moves to cut $1.5 billion in costs by 2025 and reinvest that money into key drug brands and research and development programs.
Schlagwort-Archiv: Markets
Dexcom shares plummet almost 40% after company misses on revenue, lowers guidance
Dexcom issued disappointing results and guidance, which the company attributed in part to a change in its salesforce.
Honeywell drops on cuts to guidance. Here’s why it may provide an opportunity
The stock’s nearly 5% slide Thursday is pushing it closer to a level where we would consider buying more shares.
Strong earnings from industrial AI play Dover prove the stock belongs in our portfolio
Shares of Dover, which has exposure to artificial intelligence and the biopharma recovery, jumped more than 6% on the report.
Hasbro beats second-quarter estimates, goes ‚all in‘ on digital gaming segment
Though Hasbro’s revenue declined 18% overall during the quarter, Wizards of the Coast and the digital gaming segment grew 20%.
NextEra considers restarting Iowa nuclear plant amid rising demand for carbon-free energy
NextEra CEO John Ketchum said the company is considering restarting the Duane Arnold Energy Center, though a risk assessment is needed.
Berkshire Hathaway dumps $2.3 billion of Bank of America shares in a 6-day sale
Warren Buffett’s holding company sold more Bank of America shares this week, reducing its holding across six consecutive trading days.
China to use ultra-long bonds for consumer, trade-in policy support as worries about retail sales slump grow
China on Thursday announced its most targeted measures yet for boosting consumption, which has remained lackluster since the pandemic.
Britain will soon lay out new plans to regulate ‚buy now, pay later‘ firms like Klarna after delays
A U.K. Treasury department spokesperson said the government will set out plans to regulate „buy now, pay later“ plans „shortly.“
Chinese EV startups are spending more on research than Tesla is
U.S.-listed Chinese electric car companies are spending more on research as a ratio to sales than Tesla, according to CNBC analysis.