Pfizer beats revenue estimates, raises profit outlook on cost cuts and strong non-Covid sales
The pharmaceutical giant's quarterly results also benefitted from a smaller-than-feared drop in sales for its Covid antiviral pill Paxlovid.
Yum Brands earnings miss estimates as Pizza Hut, KFC sales disappoint
KFC and Pizza Hut reported same-store sales declines, while Taco Bell's same-store sales rose just 1%.
CVS posts big earnings miss, cuts profit outlook on higher medical costs
CVS and other insurers have seen medical costs spike as many Medicare Advantage patients return to hospitals to undergo procedures they delayed during Covid.
Johnson & Johnson will pay $6.5 billion to resolve nearly all talc ovarian cancer lawsuits in U.S.
The deal would allow J&J to resolve the lawsuits through a third bankruptcy filing of a subsidiary company, LTL Management.
CVS posts big earnings miss, cuts profit outlook on higher medical costs
CVS and other insurers have seen medical costs spike as many Medicare Advantage patients return to hospitals to undergo procedures they delayed during Covid.
Yum Brands earnings miss estimates as Pizza Hut, KFC sales disappoint
KFC and Pizza Hut reported same-store sales declines, while Taco Bell's same-store sales rose just 1%.
Pfizer beats revenue estimates, raises profit outlook on cost cuts and strong non-Covid sales
The pharmaceutical giant's quarterly results also benefitted from a smaller-than-feared drop in sales for its Covid antiviral pill Paxlovid.
NYCB shares jump after new CEO gives two-year plan for “clear path to profitability”
CEO Joseph Otting took over NYCB in April after an investor group led by former Treasury Secretary Steven Mnuchin injected more than $1 billion into...