Healthcare Stocks: A Diamond in the Rough
Healthcare stocks have faced challenges in 2023, but there are still promising investment opportunities in the sector. Learn about the potential for dividend growth, resilience in an unpredictable market, and innovation in healthcare. Explo...
PayPal Announces Leadership Transition and New President of Global Markets
PayPal appoints Suzan Kereere as the President of Global Markets, Alex Chriss expresses confidence in her ability to drive cultural development and innovation. Recent changes in leadership and challenges in stock performance.
Campbell Soup Co. Expects Strong Earnings Performance
Campbell Soup Co. reports decline in net income but exceeds earnings estimates in the first quarter. Optimistic about future earnings and acquisition update.
United Natural Foods Inc.'s Fiscal Q1 Results: A Mixed Bag
United Natural Foods Inc. reported a narrower-than-expected adjusted loss but failed to meet revenue estimates in their fiscal Q1. Revised guidance reflects non-cash asset charges and a gain on a sale.
British American Tobacco Expects Impairment Charge Due to Shifting Focus on Smokeless Products
BAT anticipates a significant impairment charge due to the shift towards smokeless products, reflecting market challenges and economic factors. BAT aims to generate 50% of revenue from noncombustible products by 2035 and expects pressure fr...
British American Tobacco Expects One-Off Impairment of £25 Billion
BAT expects a £25 billion impairment due to market pressure on combustibles brands and focus on nontraditional tobacco products. The company aims to achieve 50% revenue share from noncombustibles by 2035.
Box Reports Q3 Profit Below Estimates
Box reports adjusted profit below estimates for Q3 due to macroeconomic pressures and revised outlook for 2024 fiscal year. Despite challenges, Box remains committed to growth in cloud-based data storage industry.
U.S. Crude-Oil Inventories Expected to Decline
U.S. crude-oil inventories are expected to decline for the first time in seven weeks, with analysts predicting a 1 million barrel decrease in stockpiles. Gasoline inventories projected to increase, while distillates show mixed forecasts.
Replimune Faces Setback in Skin Cancer Trial
Replimune Group Inc. experienced a setback in a skin cancer trial, leading to a decline in shares. The trial results were not statistically significant but showed promising improvements. The company will discontinue other therapies and real...
Stantec Sets New Growth Targets
Canadian sustainable design and engineering company, Stantec, aims for ambitious revenue growth through strategic initiatives and acquisitions. Three pillars of growth focus on climate solutions, communities and infrastructure, and future t...