Posts with tag: informative
Frank founder Charlie Javice is on trial for allegedly defrauding JPMorgan Chase in a $175 million buyout deal. Prosecutors say she lied about the number of customers her company had, while her attorney blames the bank for "buyer's remorse."
Published on: February 21, 2025, 12:04 AM UTC
Biogen forecasts below-expected 2025 profit, hurt by competition and a strong dollar. Stock falls 3% pre-market as investors sell due to slow launch of Leqembi, leading to concerns of slowing sales growth. Despite cost-cutting measures and acquisitions, Biogen predicts a mid-single-digit revenue decline in 2025, with adjusted earnings per share between $15.25 and $16.25, below analysts' estimates of $16.34.
Published on: February 12, 2025, 12:03 PM UTC