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Falling energy prices slash exxonmobil's profit and sales

Exxon Mobil became the latest big energy company to post sinking profit and sales because of lower oil and gas prices....

July 28, 2023, 12:05 pm

Gossamer bio stock struggles from lack of near-term catalysts: analysts

Shares of Gossamer Bio fell Thursday, and the company earned a downgrade from analysts at UBS.  Citing a "lack of near-term catalysts," the firm down...

July 27, 2023, 3:04 pm

Bristol myers slashes forecast on tumbling revlimid sales

Cancer-fighting drugs Revlimid and Pomalyst drive a sales shortfall in the second quarter....

July 27, 2023, 8:13 am

Zuck beats musk at his own game with meta's year of efficiency

While Musk moved quickly upon purchasing Twitter last year to slash staffing levels at the social netwo...

July 26, 2023, 8:27 pm

Why shares of sunpower were sinking wednesday

SunPower slashed its yearly guidance. The company said it is trimming labor costs....

July 26, 2023, 1:21 pm

Sunpower slashes guidance amid weakening demand

The solar company expects to add 70,000 to 90,000 residential customers this year, down from its previous outlook for 90,000 to 110,000 customers....

July 26, 2023, 11:13 am

Thermo fisher stock slumps on depressed profit forecast

Shares of Thermo Fisher Scientific (NYSE:TMO) fell Wednesday morning after the medical equipment manufacturer ...

July 26, 2023, 9:12 am

Rio tinto sets the mining tone as china slow to recover, investment upped in simandou

First out of the blocks, Rio Tinto PLC (LSE:RIO) has set the tone for the rest of the major miners, with profits and dividends ...

July 26, 2023, 6:53 am

Biogen slashing 1,000 jobs

Biogen slashing 1,000 jobs Read Full Story The post Biogen slas...

July 25, 2023, 2:46 pm

Why rtx stock is falling today

RTX reported a strong quarter, but investors are more focused on an issue with one of Pratt & Whitney's most important engine designs. RTX ...

July 25, 2023, 12:42 pm

Biogen to cut 1,000 jobs to save costs as alzheimer's drug launch gathers pace

Biogen Inc said on Tuesday it expects to slash about 1,000 jobs, or about 11% of its workforce, to save...

July 25, 2023, 7:05 am

Crown castle to slash about 15% of workforce

Telecom company Crown Castle Inc. CCI, +3.91% announced a series of corporate moves Monday, including a workforce reduction of 15% and consolidation o...

July 24, 2023, 4:48 pm

Entain has target price slashed on valuation basis

Ladbrokes owner Entain had its target price slashed by Peel Hunt after the broker made amendments to ...

July 24, 2023, 8:10 am

The week ahead – stay the course

EURUSD rallies as ECB to keep hiking rates The euro advances as the ECB is expected to maintain a hawkish stance. Even though inflation in the euro zo...

July 24, 2023, 6:41 am

Interpublic group cuts growth outlook as tech business stumbles

Interpublic Group shares tumbled on Friday after slashing its 2023 organic revenue growth forecast in h...

July 21, 2023, 4:55 pm

Why freyr battery stock is powering down this week

An analyst slashed the price target and downgraded Freyr's stock. The company doesn't expect to commenc...

July 21, 2023, 4:35 pm

Equifax cuts its guidance because of soft mortgage market, and shares sink

Shares of Equifax plunged as the credit rating service slashed its full-year sales and profit outlook, ...

July 20, 2023, 5:15 pm

Yacktman focused fund loads up on olin, slashes booking holdings position

The Yacktman Focused Fund (Trades, Portfolio), which is part of Yacktman Asset Management (Trades, Portfolio), aims for capital appreciation through f...

July 20, 2023, 2:49 pm

Indian software giant infosys slashes yearly growth outlook

Indian information technology giant Infosys sharply cut its revenue growth outlook on Thursday as it reported softer-than-expected profits during the ...

July 20, 2023, 9:23 am

Bank of america lowered their 2023 china gdp forecast to 5.1% from 5.7% previously

BoA jumping on board with the GDP projection cuts for China. There have been plenty this week:ICYMI - Morgan Stanley cut its China 2023 and 2024 growt...

July 20, 2023, 3:35 am


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