By Deena Beasley (Reuters) -Amgen on Tuesday said its adjusted fourth-quarter profit rose 15%, driven by a 20% increase in revenue following the biotechnology company’s October acquisition of ra[...]
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February 6, 2024
Enphase sees demand improving in near term, shares jump
(Reuters) – Solar inverter maker Enphase Energy said on Tuesday it expects inventory levels to normalize and demand for its products to pick up by the end of the second quarter, sending its shar[...]
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Gilead quarterly revenue drops 4%, oral COVID drug fails trial
By Deena Beasley (Reuters) -Gilead Sciences on Tuesday said fourth-quarter revenue dipped 4% on lower sales of HIV drugs and its infused COVID-19 treatment Veklury, and the company forecast weaker-tha[...]
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Factbox-Five facts from US safety board report on Boeing MAX 9 door panel
(Reuters) – A door panel that flew off a Boeing 737 MAX 9 jet mid-flight on Jan. 5 appeared to be missing four key bolts, according to a preliminary report from the U.S. National Transportation[...]
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Stocks edge up, Treasury yields slip, China ETFs gain
By Caroline Valetkevitch NEW YORK (Reuters) -Global stock indexes edged up on Tuesday while U.S. Treasury yields eased as investors looked for more clues on how soon the Federal Reserve may start cutt[...]
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BlackRock CEO Fink woos Texas after ESG spat
By Isla Binnie (Reuters) – BlackRock Chief Executive Larry Fink sought to build rapport with Republican officials at an energy investment summit in Houston on Tuesday after Texas blacklisted the[...]
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Google to pay $350 million to settle shareholders’ data privacy lawsuit
By Jonathan Stempel (Reuters) – Google agreed to pay $350 million to settle a lawsuit by shareholders related to a security bug at its now-defunct Google+ social media website. A preliminary set[...]
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Honda recalls 750,000 US vehicles over air bag defect
By David Shepardson WASHINGTON (Reuters) -Honda Motor Co said on Tuesday it was recalling 750,000 vehicles in the United States over a defect involving air bags which could deploy unintentionally duri[...]
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Exclusive-Former Canada prime minister’s hedge fund pushes Kohl’s to sell itself -sources
By Svea Herbst-Bayliss (Reuters) -An activist hedge fund chaired by former Canadian Prime Minister Stephen Harper is pushing U.S. department store operator Kohl’s to sell itself, according to pe[...]
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