Johnson & Johnson’s recent investments in medical devices helped boost sales, but the company’s total revenue in the first quarter of the year failed to beat Wall Street expectations. Its stock fell 2%to about $144 on Tuesday, following the healthcare giant’s recent quarterly earnings report. The company’s medical device segment experienced the biggest growth in the company during the three months ending March 31, up 4.5% year-over-year to $7.8 billion. Johnson & Johnson said the growth was...
Boeing has been mired in a safety crisis since a door plug blew off a 737 Max 9 in early January.
Stelara sales were flat at $2.45 billion in the first quarter and came in below expectations of $2.6 billion, according to LSEG data. J&J has struck deals to delay U.S. launches of close-copy versions of Stelara until 2025, a key patent for which expired last year. Analysts have said the delayed competition will make the drug a larger contributor for J&J's 2024 and 2025 revenue than previously anticipated.
Deutsche Bank reported first-quarter earnings on Thursday.
Spotify started 2024 on a high note with its impressive first-quarter performance, according to a recent report. The music-streaming giant even surpassed what analysts expected in the previous quarter.
Miami Heat star Jimmy Butler reportedly is expected to miss several weeks after suffering a right knee injury in the team's play-in loss against the Philadelphia 76ers on Wednesday.
Ozzie Albies is the third key player for the Atlanta Braves to be placed on the injured list before the end of April. Albies joins catcher Sean Murphy and starter Spencer Strider. Murphy is recovering from an oblique strain that he suffered in the opening series. Strider underwent an internal brace procedure on his pitching elbow and will miss the remainder of the season. Albies was hit by a pitch in the toe in Monday’s series opener against the Houston Astros. He stayed in and finished the...
ASML on Monday said first quarter profit beat expectations while sales missed forecasts, with the compant sticking to its full-year outlook.
DETROIT (AP) — After reporting dismal first-quarter sales, Tesla is planning to lay off about a tenth of its workforce as it tries to cut costs, multiple media outlets reported Monday. CEO Elon Musk detailed the plans in a memo sent to employees. The layoffs could affect about 14,000 of the 140,473 workers employed by […]
Crown Castle (NYSE:CCI – Get Free Report) issued its earnings results on Wednesday. The real estate investment trust reported $0.71 earnings per share for the quarter, missing the consensus estimate of $1.63 by ($0.92), Yahoo Finance reports. The firm had revenue of $1.64 billion during the quarter, compared to analysts’ expectations of $1.63 billion. Crown […]
General Motors’ first-quarter net income rose more than 25% on strong deliveries of pickup trucks and other higher-profit vehicles.
DETROIT (AP) — Despite a small dip in U.S. vehicle sales, General Motors’ first-quarter net income rose more than 25% on strong deliveries of pickup trucks and other higher-profit vehicles. T