Business

CVS stock rose nearly 15% after the company reported a beat on earnings and a conservative 2025 financial outlook. CEO David Joyner defended the company's pharmacy benefit manager unit, which has been under fire. CVS is also pivoting away from the traditional system of negotiating drug prices.

Published on: February 12, 2025, 10:01 PM UTC

Curtiss-Wright (NYSE:CW) reported a strong Q4 with revenue exceeding estimates and full-year guidance above consensus. The company's EPS beat analyst expectations, and its guidance implies solid growth in 2025. Learn more in our full research report and analyze factors such as sales growth, profitability, and EPS performance to determine if CW is a buy now.

Published on: February 12, 2025, 10:01 PM UTC

Upwork (UPWK) reported better-than-expected Q4 sales, with revenue growth of 4.1% year-over-year. The company's non-GAAP profit per share of $1.03 also significantly exceeded analysts' estimates. However, Upwork's guidance for the upcoming quarter implies a 2.9% revenue decline.

Published on: February 12, 2025, 10:00 PM UTC

Wyndham (WH) misses revenue estimates for Q4 2024, but earnings beat consensus. Revenue rises 6.2% YoY to $341 million, with non-GAAP EPS of $1.04, exceeding analyst estimates by 5%. Read our full research report for insights on Wyndham's valuation, business quality, and Q4 results.

Published on: February 12, 2025, 10:00 PM UTC

Pacific Investment Management Co. opens Dubai office amidst growing Middle East presence

Published on: February 12, 2025, 09:00 PM UTC

Chemical giant BASF is exploring options for its agricultural chemicals business, including a potential listing in the US or Germany.

Published on: February 12, 2025, 09:00 PM UTC

Morgan Stanley analyst Brian Nowak believes Meta's (META) fundamentals, rather than its relationship with President Trump, are driving its stock to record highs. Meta's earnings and revenue have beaten analyst estimates, and its app family has seen sales growth of $7 billion year-over-year. Nowak also sees TikTok's uncertain future as a potential catalyst for Meta shares.

Published on: February 12, 2025, 08:02 PM UTC

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Published on: February 12, 2025, 08:01 PM UTC

Carnegie, Pennsylvania-based Turk Transportation, which offers interstate general freight services, filed for Chapter 11 bankruptcy, owing between $1 and $10 million to 49 creditors.

Published on: February 12, 2025, 08:00 PM UTC

Chevron plans to cut its global workforce by 15-20% to reduce costs and raise profits, affecting up to 9,000 employees.

Published on: February 12, 2025, 08:00 PM UTC