Text size Spencer Platt / Getty Images Large pharmaceutical company Pfizer announced second-quarter financial results on Tuesday morning that exceeded Wall Street expectations, sending shares of around 3% in pre-trade. The company reported earnings of $ 0.78 per share, beating the FactSet consensus at $ 0.10 and the S&P Capital …
Read More »Pfizer CEO says companies should profit from Covid-19 vaccines
Text size Albert Bourla, CEO of the pharmaceutical company Pfizer Drew Angerer / Getty Images Albert Bourla, Pfizer‘s CEO, he has no patience with the argument that pharmaceutical companies should not make a profit from the drugs and vaccines they introduce to fight Covid-19. “I think it is very bad,” …
Read More »Raytheon crushed the profits. Here’s why the stock is down anyway.
Text size Defense sales stood out in the quarter. Mario Tama / Getty Images Defense and aerospace giant Raytheon Technologies crushed Wall Street’s profit expectations, but the stock fell anyway on Tuesday morning. The commercial aerospace sector is not improving fast enough for investors. Raytheon (ticker: RTX) earned 40 cents …
Read More »AMD shares skyrocket after earnings. This is why.
Text size AMD EPYC processors Courtesy of AMD. Advanced Micro Devices gave investors reason to cheer on Tuesday when it reported earnings that exceeded expectations and said it would sell more chips at a higher profit than anticipated. Shares of AMD (ticker: AMD) rebounded in the extended session, advancing nearly …
Read More »Goal to close Thanksgiving Day, ending the start of Black Friday
Target Joins Walmart to Close Its Stores on Thanksgiving Day, Ending a Decade-Long Tradition of Boosting Black Friday Sales By ANNE D’INNOCENZIO AP Retail July 27, 2020, 1:45 pm 2 min read Share on FacebookShare on TwitterEmail this article NEW YORK – Target is teaming up with Walmart to close …
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