Business

A brewing battle between pharmaceutical companies and pharmacy benefit managers heats up as the Trump administration shapes its healthcare policy.

Published on: February 20, 2025, 03:03 PM UTC

Mercedes-Benz prepares for potential tariffs by reducing costs and focusing on EV innovation. Despite being headquartered in Germany, the company employs thousands of Americans and exports vehicles made in the US.

Published on: February 20, 2025, 03:02 PM UTC

Chancellor Rachel Reeves faces a £5.5bn black hole in public finances due to the car loan mis-selling scandal, threatening her fiscal targets. The Treasury warns that firms may use compensation payments to reduce corporate tax bills, leaving the government with less revenue.

Published on: February 20, 2025, 03:00 PM UTC

Integer Holdings Corp. (ITGR) reported fourth-quarter profit of $32.7 million, or 90 cents per share, missing Wall Street expectations. Revenue was $449.5 million, exceeding forecasts.

Published on: February 20, 2025, 02:06 PM UTC

Walmart-backed Indian fintech company PhonePe is preparing for a public listing on the country's stock exchanges, with strong financial performance and a growing user base.

Published on: February 20, 2025, 02:06 PM UTC

Shyft (SHYF) missed Q4 sales targets with flat revenue year-on-year, but exceeded EPS estimates by 18.4%. While revenue guidance for 2025 meets analyst expectations, EBITDA guidance falls short. The company's historical sales growth has been weak, and its operating margin and EPS have declined over the past five years. Despite a mixed quarter, Shyft beat analyst EPS and EBITDA estimates. Its full-year EPS guidance also exceeds expectations, but full-year EBITDA guidance falls short. This quarter is just one piece of the longer-term business quality puzzle.

Published on: February 20, 2025, 02:06 PM UTC

CRA International Inc. reported Q4 earnings of $15 million, topping Wall Street expectations of $1.59 per share. For the year, the company reported a profit of $46.7 million and revenue of $687.4 million.

Published on: February 20, 2025, 02:05 PM UTC

Greystone Housing Impact Investors LP reports Q4 profit of $10.1M, with earnings of 34 cents per share excluding non-recurring gains. Annual profit reached $21.3M, with $91.3M in revenue.

Published on: February 20, 2025, 02:05 PM UTC

Alibaba shares surge in premarket trading after the Chinese tech giant reported better-than-expected quarterly results, boosted by cloud business growth and strong AI initiatives.

Published on: February 20, 2025, 02:05 PM UTC

Unity (U) Q4 CY2024: Revenue beats estimates but stock drops, with revenue guidance below expectations. Despite strong EPS and adjusted EBITDA, operating margin remains negative and free cash flow margin declines. Analysts project a 1.6% revenue decline over the next 12 months, raising concerns about demand challenges.

Published on: February 20, 2025, 02:05 PM UTC