Roche Q1 sales decline tempered by swift uptake of new eye drug
(Reuters) -Switzerland’s Roche said first-quarter sales dropped 7% on falling demand for its COVID-19 therapies and diagnostics kits, less steep…
GSK beats first-quarter profit, revenue estimates
(Reuters) -GSK on Wednesday beat expectations for its first-quarter revenue and profit, helped by sales of its blockbuster shingles vaccine…
Puma expects Q2 sales growth below full-year target
(Reuters) – German sportswear maker Puma on Wednesday said it expected second-quarter sales to grow at a low- to mid-single-digit…
VW’s Skoda aims for six electric vehicle models by 2026
(Reuters) – Czech carmaker Skoda Auto, part of German group Volkswagen (ETR:VOWG_p), wants to expand its electric vehicle range to…
Lower output, high costs to pressure Newmont, Barrick earnings
(Reuters) – North American gold miners Newmont Corp and Barrick Gold (NYSE:GOLD) Corp are expected to post lower quarterly profits…
Luminar Technologies the Nvidia of LiDAR, best positioned to capture a dominant share – Jefferies
Luminar Technologies (NASDAQ:LAZR) is the Nvidia of LiDAR, according to Jefferies, which assumed coverage of the stock with a Buy…
UK financial sector will be largely cut off from EU for years, EU lawmakers told
(Reuters) – The long-delayed forum for European Union and British financial regulators won’t reopen the door for London’s financial canter…
China says it will expand import and export of key products
(Reuters) – China will expand imports and exports of key products, and support exports of automobiles, the State Council said…
CFRA upgrades General Motors to Hold following Q1 beat and raise
CFRA Research upgraded General Motors (NYSE:GM) to a Hold rating (from Sell) and raised their price target on the stock…
Raytheon’s profit rises on China aviation boost
(Reuters) – Raytheon Technologies (NYSE:RTX) Corp reported a 4% rise in quarterly adjusted profit on Tuesday, as the aerospace and…