Text size Bristol-Myers Squibb is telling analysts this week that its portfolio of developing drugs could generate more sales than anyone expected. In a series of online meetings that started Monday, the drug maker raised its forecast for annual sales it could get from advanced-stage candidates from $ 15 billion …
Read More »Another electric van is coming. This is what you need to know.
Text size Private company Lordstown Motors has entered the fray, unveiling its all-electric pickup, Endurance. Servpro, a fire and water damage restoration company, has promised to order 1,200 trucks. Courtesy photography The fully electric truck space is getting crowded. More market participants compete for a share of this lucrative segment …
Read More »Dell shares soar as it reports it’s weighing up the VMware Stake spin-off
Text size Justin Sullivan / Getty Images Shares of Dell Technologies soared in recent operations after The Wall Street Journal reported that the company hired advisers to consider options for the company’s 81% stake in business software company VMware.. A transaction would be intended to address the valuation disparity between …
Read More »Key Boeing supplier gets more bad news about 737 MAX
Text size Photograph by David Ryder / Getty Images Spirit AeroSystems said Monday night that Boeing asked it to produce fewer 737 MAX bodies, a story that not only jeopardizes the supplier’s financial health, but also means that the drama about the plane on the ground is far from over …
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