Bayer Announces Plans for Restructuring
Bayer, the German pharmaceutical giant, recently declared its dissatisfaction with its current performance and vowed to take action. The company's new CEO, Bill Anderson, outlined his plans to split the…
GoPro’s Third Quarter Results Exceed Expectations
Shares of GoPro experienced a 14% increase, reaching $3.05 in morning trading following the release of their third-quarter results. Despite a year-to-date decline of 39%, the wearable-camera maker impressed Wall…
Instacart Reports Q3 Loss, Beats Sales Expectations
Instacart, the popular grocery-delivery platform, recently released its first earnings report since going public. Although the company reported a net loss of $1.99 billion in the third quarter, its sales…
Volvo Car to Provide Additional Financial Support to Polestar
Volvo Car has announced its support for the new business plan introduced by Polestar, the electric-car brand established by Volvo Car. As part of the plan, Polestar aims to enhance…
Stock Futures Indicate a Mixed Start for Wall Street
Stock futures are pointing to a mixed start for Wall Street on Thursday as investors continue to focus on commentary about interest rates from global central bankers. S&P 500 and…
AstraZeneca Boosts Earnings Forecast on Strong Cancer Drug Sales
Anglo-Swedish pharmaceutical company, AstraZeneca, has revised its earnings forecast for the year following a surge in sales of cancer medicines. Despite a decline in sales of COVID vaccines, the company…
Hanesbrands Reports Loss in Q3 as Sales Drop
Hanesbrands, a global clothing company, experienced a loss in the third quarter due to a 10% decrease in sales and an increase in interest expenses. The company reported a loss…
Falling Consumer Prices Challenge China’s Economic Recovery
Economic data recently released from China has indicated a decline in consumer prices compared to the previous year—an unfavorable development as the world's second-largest economy strives to recover from the…
Cogna Educação’s Strong Performance in Q3: Financial Results and Market Outlook
Share Price Performance and Market Outlook Cogna Educação's shares reached 2.78 reais, equivalent to 57 U.S. cents, representing a 24% increase since the end of last year. This positive performance…
Pirelli Upgrades Revenue Outlook for the Year
Pirelli, the Italian auto supplier, has announced an upgrade to its revenue and margin outlook for the year, despite lower sales and operating profit in the third quarter. The company…
Zeekr Files for IPO, Plans to List Shares on NYSE
Zeekr Intelligent Technology, a battery electric passenger vehicle company with offices in China and New York, has filed for an initial public offering (IPO) with the U.S. Securities and Exchange…
ResMed Prioritizes Product Development and Brand Focus
ResMed, a San Diego-based medical device company, has announced a series of C-suite appointments as part of its strategic shift towards prioritizing product development and brand focus. Retirement of Rob…