Lennar Corp Q4 Profits Decline, Falls Short of Estimates
General Mills recently shared that their forecast for fiscal year 2025 is not looking as rosy as initially expected. Even though their second-quarter results surpassed market expectations, the stock took a little dip in response.
SoftBank is making a big splash in the U.S. with a whopping $100 billion commitment to create 100,000 jobs in artificial intelligence and infrastructure.
Alibaba faced a $1.3 billion loss due to the sale of their Intime store chain, showing that even the giants sometimes have to deal with financial setbacks.
Bad news for fans of Connie’s Thin Crust Cheese Frozen Pizzas – they’ve been recalled for reasons that have not been disclosed.
HSBC is facing legal action from Australian authorities due to alleged failures in preventing scams.
Edgewise Therapeutics had some good news to share with positive results from their CANYON Phase 2 Trial of Sevasemten.
Jazz Pharma’s CEO, Bruce Cozadd, is preparing to retire, marking the end of an era for the company.
Unfortunately, PepGen has hit a roadblock as the FDA has placed a clinical hold on their Phase 2 study for PGN-EDO51 in Duchenne Muscular Dystrophy.
FibroGen has appointed David DeLucia as their new Chief Financial Officer, a significant change in their leadership team.
BD has agreed to pay $175 million to settle a case with the SEC related to the Alaris System investigation.
Phillips 66 is saying goodbye to their DCP GCX Pipeline, which they are selling to ArcLight Capital Partners for up to $865 million in cash.
Merck has entered into an exclusive global license agreement with Hansoh Pharma for HS-10535, expanding their reach globally.
Viatris has released data from their Phase 2b CARE Study for Cenerimod, providing valuable insights.
Northwest Bancshares is set to acquire Penns Woods in an all-stock deal, showcasing some strategic moves in the financial sector.
Porsche has withdrawn their fiscal year view, indicating that they expect the group’s result after tax to be significantly negative.
Performance Food Group is experiencing a change in leadership as Scott McPherson steps in to succeed Craig Hoskins as President and COO.
Shyft and Aebi Schmidt have announced a merger in an all-stock deal to drive their specialty vehicle growth plans forward.
Catalent and Novo Holdings have completed all regulatory closing conditions for their merger, solidifying their partnership.
Pharming Group has made an offer to acquire Abliva for SEK 0.45 per share in cash, potentially leading to further consolidation in the industry.
Steel Dynamics has provided guidance for their fourth-quarter earnings, which falls below what analysts had previously estimated.
Apple is rumored to be working on thinner and foldable iPhones, hinting at potential innovations in their product lineup.
Delta Galil has submitted a draft registration statement for a proposed IPO, indicating potential developments in their financial strategy.
Northern Trust and the National University of Singapore have joined forces to innovate and drive progress in green finance, showcasing a commitment to sustainability.
