Merck, Daiichi Sankyo Ink Commercialization Deal for Up to $22 Billion
The companies agreed to jointly develop and commercialize three potential cancer treatments.
CATL’s Profit Rose 11% on Higher Sales
The world’s largest maker of electric-vehicle batteries posted an increase in third-quarter profit, but came up short of analyst expectations.
HP Enterprise stock drops following disappointing 2024 earnings forecast
Hewlett Packard Enterprise shares fell after hours Thursday after the company’s fiscal 2024 earnings outlook fell short of expectations.
CSX’s results are a mixed bag, amid weaker rail demand and ‘low expectations’
CSX Corp. on Thursday reported a per-share profit that just missed estimates but sales that just topped them.
BMW’s Stealth EV Play Could Drive the Shares 41% Higher
The high-end German car maker has quietly added electric vehicles to its gas-powered lineup. That’s a formidable combination.
CVS Pulls Certain Cold Medicines From Shelves and Will Stop Selling Them
The move comes a month after FDA advisers said the common ingredient phenylephrine is ineffective.
AT&T’s stock surges as company beats on key metric, boosts earnings outlook
AT&T topped free-cash-flow expectations during its latest quarter, and the company is raising its full-year outlook on the closely watched metric.
Union Pacific Profit Falls on Weaker Freight Demand
The railroad beat expectations on earnings but signaled dimming strength in its industrial and intermodal businesses.
Blackstone’s Earnings Fall Short. Lower Asset Sales Hurt Profit.
Despite a slow deal-making environment, the alternative asset manager took in $25 billion of new capital.
EssilorLuxottica Upbeat on Mid-Term Targets
The Franco-Italian eyewear company’s revenue growth slowed in the third quarter amid sluggish sales of sunglasses, but it backed its longer-term financial targets
Source: Dow Jones Newswires