Tag: data structures

Pharmaceutical companies and pharmacy benefit managers are facing off in Washington, with PBMs defending their value amid scrutiny over their rebate strategy. PBMs aim to lower drug costs, but rebates have been linked to higher list prices and out-of-pocket expenses. Alternative models like Walmart's $4 generics and Cost Plus Drugs offer low-cost options, but PBMs argue they remain essential for health insurance companies.

Published on: February 20, 2025, 12:01 AM UTC

Struggling Against Inflation, Rogers Corp Posts a Fourth-Quarter Loss

Published on: February 19, 2025, 11:06 PM UTC

BioMarin Pharmaceutical (NASDAQ: BMRN) reported strong Q4 results, beating analyst estimates for both revenue and EPS. The company's full-year revenue guidance came in above expectations, and its adjusted EPS guidance for the upcoming year is also above estimates. BioMarin's key takeaways for Q4 include revenue growth of 15.6% year-over-year, adjusted EPS of $0.92 vs. estimates of $0.74, revenue guidance of $3.15 billion, and adjusted EPS guidance of $4.30.

Published on: February 19, 2025, 10:11 PM UTC

McGrath RentCorp reports Q4 profit of $38.9M, EPS of $1.58; FY profit of $231.7M, EPS of $9.43; Revenue of $910.9M. Forecast: Revenue in range of $920M to $970M.

Published on: February 19, 2025, 10:09 PM UTC

Elon Musk's government efficiency commission claims billions in 'savings' through contract cancellations, but accuracy and long-term consequences are uncertain.

Published on: February 19, 2025, 10:05 PM UTC

Billionaire investor Bill Ackman's Pershing Square proposes buying 10 million new shares of Howard Hughes Holdings, giving it a 48% stake. The deal includes Ackman becoming chairman and CEO and transforming HHH into a diversified holding company similar to Berkshire Hathaway.

Published on: February 19, 2025, 01:03 PM UTC

Billionaire investor Bill Ackman's Pershing Square proposes to buy 10 million shares of Howard Hughes Holdings (HHH) at $90 each, giving it 48% ownership. Ackman plans to transform HHH into a diversified holding company like Berkshire Hathaway.

Published on: February 19, 2025, 12:02 PM UTC

There are no 150-year-old Social Security recipients, but the program does need fixing. Elon Musk's government-efficiency commission has targeted the program, but critics say he's spreading lies and the program is popular. Musk could help by using his platform to encourage politicians to make needed changes, but he may be looking for ways to finance Trump's tax cuts.

Published on: February 19, 2025, 09:02 AM UTC

JP Morgan upgrades Singapore equities to overweight, citing attractive valuations, high dividends, and government initiatives to boost the stock market, setting a target of 4,200 for the benchmark index.

Published on: February 19, 2025, 03:01 AM UTC

La-Z-Boy Inc. (LZB) reported earnings of $28.4 million for its fiscal third quarter. The company had a net income of 68 cents per share and posted revenue of $521.8 million.

Published on: February 18, 2025, 10:09 PM UTC