Pfizer Inc
Stocks earning the greatest moves premarket: Pfizer, CVS, Amazon, Starbucks and far more
Check out out the firms generating headlines in premarket trading. Pfizer — Shares climbed a lot more than 2% just after New York City-primarily based Pfizer conquer Wall Street’s initial-quarter income forecast and lifted its complete-calendar year profit advice. The drugmaker now expects modified earnings of $2.15 to $2.35 for each share for the entire-yr, […]
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Pfizer beats revenue estimates, raises profit outlook on cost cuts and strong non-Covid sales
Jakub Porzycki | Nurphoto | Getty Images Pfizer on Wednesday reported first-quarter revenue that beat expectations and hiked its full-year profit outlook, benefitting from its broad cost-cutting program and strong sales of its non-Covid products. The company now expects to book adjusted earnings of $2.15 to $2.35 per share for the fiscal year, up from […]
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Eli Lilly assures investors it can overcome the high-quality problem of too much demand
Eli Lilly ‘s raised guidance stole the show Tuesday, offsetting mixed first-quarter results and propelling shares higher by nearly 6%. The numbers leave little doubt that the long-term Eli Lilly success story remains intact, as demand for its new diabetes and obesity drugs, Mounjaro and Zepbound, outstrips supply. Revenue in the three months ended March […]
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Earnings playbook: Your tutorial to the busiest week of the season, including Apple and Amazon
It can be the busiest 7 days of the earnings year, and it could have significant outcomes for the inventory industry. About 160 S & P 500 companies are slated to put up their outcomes, together with Apple, Amazon and McDonald’s . Pfizer is also on deck. By way of Friday’s close, much more than […]
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FDA approves Pfizer’s first gene therapy for rare inherited bleeding disorder
Pavlo Gonchar | Lightrocket | Getty Images The Food and Drug Administration on Friday approved Pfizer‘s treatment for a rare genetic bleeding disorder, making it the company’s first-ever gene therapy to win clearance in the U.S. The agency greenlit the drug, which will be marketed as Beqvez, for adults with moderate to severe hemophilia B […]
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Bristol Myers Squibb beats on revenue, launches $1.5 billion cost cuts as it posts quarterly loss
The Bristol Myers Squibb research and development center at Cambridge Crossing in Cambridge, Massachusetts, on Dec. 27, 2023. Adam Glanzman | Bloomberg | Getty Images Bristol Myers Squibb on Thursday reported first-quarter revenue that topped expectations as its blockbuster blood thinner Eliquis and several new drugs posted sales growth. But the pharmaceutical company swung to […]
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Merck beats earnings expectations, raises outlook on strong Keytruda and vaccine sales
Exterior view of the entrance to Merck headquarters on February 05, 2024 in Rahway, New Jersey. Spencer Platt | Getty Images Merck on Thursday reported first-quarter revenue and adjusted earnings that topped expectations as it posted strong sales of its blockbuster cancer drug Keytruda and vaccine products. The pharmaceutical giant also raised and narrowed its […]
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Biotech stocks are ready to break out. They just need one more thing
While debate rages on about when the Federal Reserve might start cutting interest rates, biotech industry analysts are making the case that the argument for stocks in the sector is growing. The central bank has held rates steady since last July as it patiently waits for more signs that inflation is cooling. But a reading […]
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Stocks making the greatest moves midday: Boeing, Norfolk Southern, Nvidia & more
Check out out the corporations earning headlines in midday investing. BlackBerry — BlackBerry shares popped more than 9% immediately after the business announced a partnership with Sophisticated Micro Equipment on robotics programs. Moderna — The vaccine maker received 6%. Reuters claimed that Moderna’s most cancers drug it is performing on with Merck confirmed promising results […]
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Shares producing the biggest moves premarket: American Eagle Outfitters, Ally Monetary, Molson Coors Beverage and much more
Check out out the companies generating headlines prior to the bell: American Eagle Outfitters — Shares popped 4% subsequent an enhance by JPMorgan to chubby from neutral. The firm cited the retailer’s merchandising initiatives and operational adjustments for the simply call. Freeport-McMoRan — Shares jumped 1.9% immediately after Financial institution of The united states upgraded […]
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