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Activist engaged capital sees a path to lift vf corp's share price and slash costs

Cost cutting and refreshing the board at VF Corp. are on the list of priorities for activist Engaged Capital....

November 4, 2023, 6:31 am

Eli lilly results top estimates on mounjaro strength but slashes full-year profit outlook

CNBC's Joe Kernen reports on the company's quarterly earnings results....

November 2, 2023, 8:10 am

Eli lilly stock falls as earnings guidance slashed dramatically

Lilly slashes its guidance for full-year earnings to a range of $6.50 to $6.70 a share, having raised i...

November 2, 2023, 6:54 am

Eli lilly's stock drops after surprise profit is reported but full-year outlook was slashed

Shares of Eli Lilly & Co. LLY, +0.10% dropped 1.8% in premarket trading Thursday, after the drug giant reported a surprise third-quarter profit but ...

November 2, 2023, 6:51 am

Paycom shares tumble as popularity of its automated system eats into other revenue sources

Paycom Software (PAYC) shares cratered after the payroll and human resources services provider posted worse-than-expected results and ...

November 1, 2023, 12:20 pm

Norwegian cruise line cancels stops in israel, cuts outlook for the year

Norwegian Cruise Line Holdings slashed its full-year guidance amid impacts from the tensions in Israel ...

November 1, 2023, 11:43 am

2023 layoff tracker: condé nast, splunk cut hundreds of employees

Hundreds of U.S. companies have slashed their workforces this year, including Amazon, Google, Meta and ...

November 1, 2023, 11:24 am

Ubs slashes lithium demand forecast

Analysts at UBS have reduced their forecast for lithium demand due to an anticipated slump in appetite for electric vehicles, according to a research ...

November 1, 2023, 11:11 am

2023 layoff tracker: splunk cuts 560 employees

Hundreds of U.S. companies have slashed their workforces this year, including Amazon, Google, Meta and ...

November 1, 2023, 10:35 am

Croda shares hit as estee lauder slashes guidance due to china, middle east effects

Croda International PLC (LSE:CRDA) shares slipped around 3.4% on Wednesday after US giant Estee Lauder Companies Inc (NYSE:EL) ...

November 1, 2023, 8:13 am

Cvs earnings top estimates but stock drops as outlook slashed again

CVS revises lower its guidance range for diluted GAAP earnings per share for the third straight quarter....

November 1, 2023, 6:54 am

Jetblue reports loss, cuts outlook on overwhelming operational expenses

Shares of JetBlue Airways (JBLU) plunged over 10% Tuesday to their lowest level since 2009 as the discount carrier posted worse-than-expected results ...

October 31, 2023, 4:35 pm

Pfizer swings to quarterly loss due to paxlovid, covid vaccine write-offs

The results come two weeks after Pfizer slashed its full-year adjusted earnings and revenue guidance an...

October 31, 2023, 7:03 am

Tesla shares close below us$200 on ev demand slowdown fears

Tesla Inc (NASDAQ:TSLA) shares dropped 4.8% and closed below US$200 for the first time in five months as investors' concerns around a global slowdown ...

October 30, 2023, 5:01 pm

Natwest guidance slashed, earnings a ‘major disappointment' says this analyst

British lender NatWest Group PLC (LSE:NWG)'s third-quarter earnings were “a major disappointment”, according to Citi, which in a scathing research...

October 30, 2023, 9:16 am

2 uranium stocks to make your portfolio glow green

The clean energy segment is getting smoked this year as solar companies are warning of the collapse in installation demand. Companies like SolarEdge T...

October 30, 2023, 6:10 am

Why nextera energy partners stock jumped more than 25% this week

NextEra Energy Partners stock crashed in recent weeks after slashing its dividend-growth target by half...

October 27, 2023, 2:56 pm

Ups price target slashed by analysts on more conservative earnings outlook

United Parcel Service Inc (NYSE:UPS)'s reduction of its full-year 2023 revenue and operating margin guidance has prompted Bank of America (BoA) analy...

October 27, 2023, 12:57 pm

Hasbro downgraded on concerns toy business turnaround will not occur until 2025

Analysts at the Bank of America (BoA) have downgraded Hasbro (NASDAQ:HAS) and slashed their price targe...

October 27, 2023, 12:18 pm

Sharpie, yankee candle owner newell brands slashes full-year guidance; shares fall

Investors pulled back on Newell Brands (NYSE:NWL) after the Sharpie-maker slashed its full-year sales a...

October 27, 2023, 11:42 am


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