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Pfizer slashes full-year earnings and revenue guidance as covid treatment, vaccine sales slump

Pfizer said it anticipates sales of its Covid treatment Paxlovid and its vaccine will be $9 billion less than it had expected....

October 13, 2023, 5:47 pm

Pfizer's stock sinks after company cuts outlook on lower demand for covid products

Pfizer Inc. PFE, -2.46% shares dropped in the extended session Friday after the drug maker slashed its ...

October 13, 2023, 4:44 pm

Outset medical analysts slash price objective after multiple missteps

Outset Medical Inc stock was downgraded by BofA Securities analysts to ‘Underperform' from ‘Buy', and its price objective was cut to $3 per share ...

October 13, 2023, 3:42 pm

Ford says it is ‘at the limit' with uaw contract offer

A senior Ford executive said Thursday the automaker is "at the limit" of what it can spend on higher wages and benefits for the United Auto Workers, a...

October 12, 2023, 7:22 pm

Walgreens shares surge after saying it will slash costs

Shares of Walgreens Boots Alliance (WBA) advanced on Thursday after the biggest U.S. pharmacy chain announced a major cost-cutting program as it strug...

October 12, 2023, 12:20 pm

Cash-strapped ev maker arrival lays off yet more workers

Arrival just warned investors that it's slashing its workforce yet again. The electric van maker said o...

October 10, 2023, 6:24 pm

Jefferies analyst questions if tesla can ‘maintain an edge' in ev tech

Tesla Inc has made its shareholders a happy lot this year but a Jefferies analyst says it's likely as far as the stock goes for now. Tesla stock has a...

October 10, 2023, 4:30 pm

1 green flag and 1 red flag for lucid group's future

Lucid finally opened its AMP-2 plant in Saudi Arabia. But it recently slashed its prices for all its Ai...

October 10, 2023, 6:05 am

Tesla (tsla) slashes prices of model 3 & model y in the us

Tesla (TSLA) cuts prices of Model 3 Rear-Wheel Drive, Model 3 Long Range, Model 3 Performance, Model Y Long Range and Model Y Performance in the Unite...

October 9, 2023, 1:32 pm

Why lucid group stock has slumped 21% since september

Lucid continues to lose money rapidly. After slashing prices of its EVs some weeks ago, Lucid has now l...

October 9, 2023, 12:05 pm

Rivn stock alert: wedbush just slashed its rivian price target

Rivian Automotive (NASDAQ: RIVN ) stock is sliding lower on Monday after being hit with a price target cut by Wedbush analyst Dan Ives. The new price ...

October 9, 2023, 9:25 am

Armour residential: why a dividend reset is likely

ARMOUR Residential REIT is at risk of having to slash its unsustainable dividends. The trust's high div...

October 9, 2023, 5:22 am

Tesla slashes prices on us models after missing delivery goals

The price cuts by Tesla - now by about 2.7% to 4.2% - started in January to support sales in an uncertain economy and fend off competition from auto...

October 6, 2023, 12:09 pm

Neometals may be undervalued but analysts question mining ops

Battery recycler Neometals Ltd (ASX:NMT, OTC:RDRUY, AIM:NMT) may be undervalued, but problems at Barrambie–a mining project it runs in Australia–...

October 6, 2023, 11:23 am

Tesla shares fall after slashing model 3 and model y prices in the us

Tesla (TSLA) shares lost ground in early trading on Friday after it slashed prices on its Model 3 and M...

October 6, 2023, 10:15 am

Tesla slashes prices of model 3, models y vehicles in us

Elon Musk-led Tesla on Friday cut prices for its Model 3 and Model Y vehicles in the U.S., according to the electric vehicle maker's website....

October 5, 2023, 10:40 pm

Levi strauss squeezed by soft consumer spending in 3q

Levi Strauss & Co (NYSE:LEVI) shares fell nearly 3% in extended trading Thursday after the iconic denim apparel company ...

October 5, 2023, 5:22 pm

Advanced micro devices price target slashed on delayed ai market share gains

Analysts at Baird have lowered their price target on Advanced Micro Devices, Inc. (NASDAQ:AMD) stock due to their reduced data center revenue outlook...

October 5, 2023, 3:55 pm

Uniqure slashes more than half of its research programs to preserve cash

Gene therapy-focused biotechnology firm uniQure announced it is slashing more than half of its researc...

October 5, 2023, 12:21 pm

Cal-maine foods: the egg-ceptional dividend dip can be reversed

Cal-Maine Foods has had to slash its dividend materially following a collapse in net income as egg pric...

October 5, 2023, 8:45 am


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