Tag: education

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Becton Dickinson's Earnings Beat Estimates, Revenue Tops Forecasts

Becton Dickinson reports Q1 earnings of $1.04 per share, beating expectations; revenue of $5.17B also tops estimates. Full-year earnings forecast is $14.30 to $14.60 per share, on revenue of $21.7B to $21.9B.

Novo Nordisk CEO Unafraid of Medicare Negotiations Despite Success of GLP-1 Drugs

Novo Nordisk CEO unconcerned about Medicare price negotiations due to comparable prices in Europe and diverse revenue streams.

Chipotle Will Absorb Tariff Costs for Now, CFO Says

Chipotle CFO Adam Rymer says the company is closely monitoring tariffs and will absorb costs if necessary. The company has diversified its avocado supply chain and is committed to providing value to customers.

Polestar CEO Warns Of Tariff Headwinds, Outlines Growth Strategy

Tariffs impact Polestar, an EV maker owned by Geely. The company feels the pain of China-originated goods tariffs and a 100% EV tariff levied by Biden. Despite these challenges, Polestar plans to expand its US manufacturing footprint and forecasts a 30-35% growth rate.

U.S. Trade Deficit Surges To Record High Amid Tariff Threats

The U.S. trade deficit widened sharply in December due to record-breaking imports, hitting $98.4 billion. Imports rose 3.5% while exports declined 2.6%, contributing to a surprisingly neutral impact on GDP growth.

Tech Investors Stick to the 'Buy the Dip' Playbook Amid Market Volatility

Tech investors buy the dip as Nvidia ETF sees $1.6 billion inflow, retail traders pour $4.25 billion into the market.

Michelin Assessing Impact of U.S. Tariffs on Canada, Mexico

European firms with operations in North America, like tire-maker Michelin, are assessing the potential impact of U.S. tariffs on Canada and Mexico on their supply chains and investments.

Auto Stocks Slump on Trump Tariffs

Global auto stocks slide on Trump tariffs targeting cars from Mexico, Canada

China Stocks Fall as Trade Tensions Spike

Chinese stocks fell as investors responded to heightened trade tensions upon their return from a week-long holiday. The CSI 300 Index dropped 0.6% on Wednesday, its first trading session after the Lunar New Year holiday. The Hang Seng China Enterprises Index slumped about 1% following a 3.5% jump in the previous session.

Citi Names Ashu Khullar Co-Head of Global Asset Managers

Citigroup appoints Ashu Khullar and K. Balasubramanian as co-heads of global asset managers. Khullar will lead the effort to expand Citi's relationships with sponsors across EMEA and Asia from London.