Illumina’s Q3 Profits Hit By Impairment Of Almost $4B, Cuts Annual Guidance
Illumina Inc (NASDAQ:ILMN) posted Q2 revenue of $1.12 billion, up 1% Y/Y and up 3% on a constant currency basis,…
Europe Approves AstraZeneca-Sanofi Partnered Antibody To Prevent RSV Infection In Infants
The European Commission has approved AstraZeneca plc (NASDAQ:AZN) and Sanofi SA’s (NASDAQ:SNY) Beyfortus (nirsevimab) long-acting antibody to prevent respiratory syncytial virus (RSV) lower…
Insulet Shares Jump After Q3 Earnings Surpass Expectations, Improved Annual Guidance
Insulet Corp (NASDAQ:PODD) posted an adjusted EPS of $0.45 in Q3, surpassing the consensus of $0.15. Insulet recorded a bottom-line…
Pfizer, BioNTech Launch Omicron-Adapted COVID Shot-Flu Combination Vaccine Study
Pfizer Inc (NYSE:PFE) and its German partner BioNTech SE (NASDAQ:BNTX) have started an early-stage study to evaluate a combination vaccine targeting COVID-19…
Cigna Boosts FY22 Adjusted Profit Forecast Yet Again On Strength In Evernorth Unit
Cigna Corporation’s (NYSE:CI) Q3 sales increased 2.4% to $45.3 billion, beating the consensus of $44.76 billion. Adjusted revenues were $45.4…
Apple, Amazon, Tesla, Ford, AMD: Hawkish Fed, COVID-19 Woes Spur Retail Interest In These Stocks Today
Major Wall Street indices closed over 1.5% lower on Wednesday after witnessing a volatile session during Federal Reserve Chair Jerome Powell’s policy announcement.
Boeing Forecasts Upto $5B Free Cash Flow In 2023, $10B By Mid Decade, Shares Pop
During its investor conference, Boeing Co (NYSE: BA) said it expects to generate a free cash flow of $3-$5 billion in 2023, higher than the $1.5-$2 billion expected this year.
Walmart Fires Another Shot At Amazon: How The Discount Wars Are Heating Up, This Time With 50% Off
Walmart Inc (NYSE: WMT) issued a new type of discount that puts competitors Amazon.com, Inc (NASDAQ: AMZN) Target Corporation (NYSE: TGT
3 Hotel Stocks Benefitting From Domestic Flights Returning To Pre-Covid Levels
Due to the Covid-19 pandemic, many vacations were postponed. But these days, domestic leisure and business travel is starting to pick up again.