Takeda Pharmaceutical Faces Challenges as Shares Plummet
Takeda Pharmaceutical faces challenges as shares drop and net loss is recorded, impacting fiscal-year net-profit forecast. Impairments on key products contribute to the decline. The company revises its profit forecast for the fiscal year, e...
Coursera Reports Strong Third-Quarter Results
Coursera's third-quarter financial report reveals reduced loss, increased revenue, and an optimistic outlook. The company's AI-powered translation initiative expands access to educational opportunities.
The Slowdown in U.S. Inflation Continues
The rate of U.S. inflation is showing signs of a slowdown. Projections indicate a slight decrease in the annual core inflation rate, but prices are still rising faster than the Fed's target. Find out the implications for interest rates and...
U.S. Mortgage Rates on the Rise
U.S. mortgage rates have risen for the seventh consecutive week, reaching their highest level since 2000. The steady increase is impacting purchase activity and affordability for homebuyers.
Kenvue Inc. Reports In-Line Earnings, Adjusts Full-Year Guidance
Kenvue Inc. reports in-line earnings for the third quarter but adjusts its full-year guidance due to a slow start in the flu and cold season. Sales rose, but the strength of the dollar is expected to impact sales negatively.
C&C Group Reports Decline in Pretax Profit
C&C Group reports decline in pretax profit for six months ending August 31, plans to improve customer service and efficiency, and return value to shareholders.
United Parcel Service's Third Quarter Earnings: A Reflection of Economic Trends and Labor Deals
The upcoming release of United Parcel Service's (UPS) earnings report will reveal the impact of labor deals on the company's performance and investor sentiment. Wall Street analysts project a decline in earnings per share compared to last y...
Crude and Gasoline Futures Show Slight Gains, Diesel Futures Fall
Despite a decline in U.S. inventories, crude and gasoline futures show slight gains while diesel futures fall. Find out more in this energy market update.
CoStar Group Inc. Reports Disappointing Q3 Revenues, Lowers Full-Year Outlook
CoStar Group Inc. reports lower than expected Q3 revenues and revises full-year outlook due to challenging property market conditions.
U.S. Crude-Oil Inventories Expected to Remain Steady
Latest data from Energy Department shows steady U.S. crude-oil inventories with marginal increase in commercial stockpiles and decrease in gasoline inventories.