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…
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…
UBSG: UBS Sees Profit Shrink by 52% but Gains $28bn of New Money
You can’t have your cake and eat it too, the quarterly report of Swiss megabank UBS just confirmed. UBS reported…
PepsiCo raises annual forecasts on buoyant demand, price hikes
PepsiCo (NASDAQ:PEP) Inc on Tuesday raised its annual sales and profit forecasts after beating first-quarter revenue estimates on the back…