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CVS posts big earnings miss, cuts profit outlook on higher medical costs
A person walks by a CVS Pharmacy store in Manhattan, New York, on Nov. 15, 2021. Andrew Kelly | Reuters CVS Health on Wednesday reported first-quarter revenue and adjusted earnings that missed expectations and slashed its full-year profit outlook, citing higher medical costs that are dogging the U.S. insurance industry. Shares of the company dropped […]
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Ukraine war live updates: Moscow wants weapons, forces beefed up ahead of offensive; Russian focus appears to shift in Donetsk
Russia could be shifting focus onto strategic target, Chasiv Yar Russian forces appear to be shifting their operational focus on to Chasiv Yar in the northern area of Donetsk, in eastern Ukraine. Russia did not make any confirmed advances in the Avdiivka area for the first time in several days on Tuesday, analysts at the […]
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Here’s all the things to hope when the Fed wraps up its conference Wednesday
Federal Reserve Chairman Jerome Powell prepares to testify ahead of the Senate Banking, Housing and City Affairs Committee on March, 7 2024. Kent Nishimura | Getty Illustrations or photos Information | Getty Photos Faced with stubborn inflation that has lifted problems about wherever plan is headed, the Federal Reserve has been ensnared in a holding […]
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FTC challenges ‘junk’ patents held by 10 drugmakers, including for Novo Nordisk’s Ozempic
A box of Ozempic and contents sit on a table in Dudley, North Tyneside, Britain, October 31, 2023. Lee Smith | Reuters The Federal Trade Commission on Tuesday said it is challenging hundreds of alleged “junk” patents held by pharmaceutical companies for 20 brand-name drugs, including Novo Nordisk’s blockbuster drugs Ozempic, Saxenda and Victoza. The […]
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ISS endorses most of activist Ancora’s nominees for Norfolk Southern board
Alan Shaw, CEO, Norfolk Southern Scott Mlyn | CNBC Influential proxy advisory business ISS advisable on Tuesday that Norfolk Southern shareholders guidance five of activist Ancora’s 7 board nominees, withholding an endorsement from CEO choose Jim Barber but describing him as a “credible director and CEO candidate nonetheless.” ISS’ endorsement arrives 1 day right after […]
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Eli Lilly beats on quarterly profit, hikes full-year guidance on strong sales of Zepbound, Mounjaro
Eli Lilly logo is shown on one of the company’s offices in San Diego, California, U.S., September 17, 2020. Mike Blake | Reuters Eli Lilly on Tuesday reported first-quarter adjusted profit that topped Wall Street’s expectations and hiked its full-year guidance on strong sales of its blockbuster diabetes drug Mounjaro and newly launched weight loss […]
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Walmart to shutter health centers, virtual care service in latest failed push into health care
Walmart on Tuesday said it will close all of its health-care clinics across the country, a stunning reversal of its plans to bring its low-priced reputation to the dentist and doctor’s office along with the grocery aisle. The big-box retailer said it would also shutter its telehealth provider, which it acquired for an undisclosed amount […]
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Ukraine war live updates: Odesa reels from deadly missile attack; 98-year-old walks miles under fire to escape advancing Russians
Five dead and many injured in Russian missile strike on Odesa This photograph taken on April 29, 2024, in Odesa, shows a burning building damaged as a result of a missile attack, amid the Russian invasion of Ukraine. Oleksandr Gimanov | Afp | Getty Images A day of mourning has been declared in the Ukrainian […]
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Glass Lewis endorses 6 of activist Ancora’s nominees for Norfolk Southern board
A Norfolk Southern train is en route on Feb. 14, 2023 in East Palestine, Ohio. Previously in the thirty day period a derailment despatched millions of lbs . of poisonous chemicals into the setting and compelled 1000’s of people today to evacuate. Angelo Merendino | Getty Photos Information | Getty Photos Activist trader Ancora been […]
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Shares creating the greatest moves premarket: Tesla, Paramount, Domino’s, Southwest Airways and additional
Check out the corporations creating headlines in premarket buying and selling: Tesla — Shares rocketed additional than 10% in the course of premarket buying and selling soon after the electric car business claimed on Sunday that area Chinese authorities taken off limitations on its vehicles , boosting anticipations that Tesla’s driver-support software Full Self-Driving would […]
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