Anglogold Ashanti Expects Decline in First-Half Earnings
Anglogold Ashanti, a South African gold miner, expects a decline in earnings for the first half of 2023. The drop is attributed to environmental provisions and inflation. Despite this, gold production is projected to increase slightly.
Mitsubishi UFJ Financial Group Reports Strong First-Quarter Results
Mitsubishi UFJ Financial Group announces significant increase in net profit for first quarter, driven by gains on debt securities and reduced credit costs.
Pfizer Quarterly Earnings Report: Assessing Progress
Pfizer's quarterly earnings report will provide insight into the effectiveness of the company's strategic moves in navigating patent expirations and establishing alternative revenue streams.
X Threatens Legal Action Against Researchers
X, formerly Twitter, plans legal action against researchers studying hate speech since Elon Musk's acquisition. Ongoing tensions raise concerns about freedom of speech and platform accountability.
AnaptysBio Shares Rise as FDA Approves GSK's Treatment for Endometrial Cancer
AnaptysBio's stock rises by 11% following the FDA's approval of GSK's Jemperli as a treatment for endometrial cancer.
Coinbase CEO Brian Armstrong: SEC Battle is Existential for U.S. Crypto Industry
Coinbase CEO Brian Armstrong reveals the SEC's request to delist all tokens other than bitcoin and discusses the impact on the crypto industry. The legal battle between Coinbase and the SEC is part of a broader conflict in the digital asset...
Shares of Flowtech Fluidpower Drop 18% on Lower Margins and Underperformance
Flowtech Fluidpower shares decline 18% due to lower margins and underperformance in the solutions and services units. Immediate action planned to address shortcomings.
Hilton Worldwide's Strong Q2 Results
Hilton Worldwide's Q2 results show impressive financial performance with rising net income and exceeding revenue expectations. The company has a promising outlook and expects strong earnings per share for 2023. Hilton's stock has shown a so...
Wells Fargo & Co. Stock Surges on Buyback Plan and Dividend Boost
Wells Fargo stock surges following announcement of buyback plan and dividend boost. Analysts project aggressive buybacks in the future. Uncertainty looms for Wells Fargo and other banks.
Also Holding Maintains Guidance Despite Lower Profits
Shares in Also Holding rose as the tech company maintains full-year guidance despite lower profits and sales. Analysts note successful cost management and maintained profitability.