Tag: technology

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CVS, PBMs Under Fire for Drug Pricing

Pharmaceutical companies and PBMs clash in Washington as the Trump administration weighs in on the industry's biggest lobbying priorities.

Campari to Cut Jobs, Restructure to Restore Profitability

Italian spirits group Davide Campari plans restructuring to regain financial health, considering workforce reduction by 10%.

Hasbro Forecast Misses Estimates, Unveils Cost-Saving Plan

Hasbro forecasts 2025 revenue below Wall Street estimates, citing subdued demand and impact of US tariffs on imports from China.

FibroGen Sells China Unit to AstraZeneca for $160 Million

FibroGen sells China unit to AstraZeneca for $160 million

HF Sinclair Posts Larger-than-Expected Loss As Refining Margins Decline

HF Sinclair posts wider-than-expected Q4 loss on weak refining margins, global capacity rise

Birkenstock Beats Wall Street Estimates in Fiscal Q1

Birkenstock beats Wall St expectations with a profit of 19 cents per share. Revenue also exceeded forecasts, coming in at $385.9 million.

Carvana Beats on Revenue, Earnings in Q4, Shares Fall in Pre-Market Trading

Carvana (CVNA) beats on revenue, profit in Q4; shares slide premarket

U.S. Futures Dip as Trump Tariff Threats, Ukraine Woes Dent Sentiment

US stock index futures dip as investors seek safety amid trade war threats, geopolitical concerns, and a cautious Federal Reserve. Safe-haven assets like gold and the yen rise, while Treasury yields ease.

European Investors Eye Industrial Stocks Poised for Military Spending Surge

Investors are looking beyond traditional defense stocks towards industrial companies poised to benefit from increased military spending, including Thyssenkrupp, Iveco Group, and Fincantieri, whose shares have surged recently as defense budgets rise.

South Korea to Impose Tariffs on Chinese Steel Amid Market Concerns

South Korea will impose tariffs on Chinese steel, steel producers