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Moderna reports surprise profit on higher-than-expected COVID vaccine sales

By Patrick Wingrove (Reuters) – Moderna (NASDAQ:MRNA) reported a surprise third-quarter profit on Thursday, driven by cost cutting and higher-than-expected sales of…
Stock

Explainer-How Trump’s second administration affects business: Musk, tariffs and more

(Reuters) – Donald Trump’s return to the White House after winning the Nov. 5 U.S. presidential election may reshape American business. Much…
Stock

CVS taps former UnitedHealth executive to run insurance unit Aetna

By Amina Niasse and Sriparna Roy (Reuters) – CVS Health (NYSE:CVS) on Wednesday named Steve Nelson, a former UnitedHealth (NYSE:UNH) insurance head,…
Stock

Trump 2.0 to be modest positive for BioPharma, BMO says, but watch FDA

Investing.com — Donald Trump’s return to the White House is expected to be a “modest positive” for the biopharma sector, according to…
Stock

Perrigo earnings missed by $0.02, revenue fell short of estimates

Investing.com – Perrigo (NYSE: PRGO) reported third quarter EPS of $0.81, $0.02 worse than the analyst estimate of $0.83. Revenue for the…
Stock

US stock futures, dollar and bitcoin surge as Trump wins race to White House

By Dhara Ranasinghe LONDON (Reuters) – Major stock markets around the world rallied on Wednesday, while bitcoin hit a record high and…
Stock

Marathon Petroleum earnings beat by $0.83, revenue topped estimates

Investing.com – Marathon Petroleum (NYSE: MPC) reported third quarter EPS of $1.87, $0.83 better than the analyst estimate of $1.04. Revenue for…
Stock

Burger King parent Restaurant Brands misses sales estimates on muted demand

(Reuters) -Restaurant Brands missed estimates for quarterly revenue on Tuesday due to weak demand across key businesses such as Tim Hortons, Burger…
Stock

Musk now says it’s ‘pointless’ to build a $25,000 Tesla for human drivers

By Chris Kirkham (Reuters) – When Reuters reported in April that Tesla (NASDAQ:TSLA) had scrapped plans for a long-promised, next-generation $25,000 electric…
Stock

Thomson Reuters shares surge 21% as Q3 earnings top estimates, guidance raised

TORONTO – Thomson Reuters (TSX/NYSE: NYSE:TRI) reported better-than-expected third quarter results and raised its full-year organic revenue growth outlook, sending shares soaring…
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