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Bausch & Lomb’s stock soars 9% after earnings beat
Bausch & Lomb Corp.’s stock soared 10% early Wednesday after the eye-care company reported adjusted fourth-quarter profit that topped estimates and offered upbeat revenue guidance…
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Rite Aid Is Filing For Bankruptcy: Here’s What’s Happened
Key Takeaways Rite Aid has filed for Chapter 11 bankruptcy protection, and has received a $3.45 billion lifeline from investors…
Bellway Rises Following FY Statement, Warning Of Further Volume And Margin Drops
Shares in homebuilder Bellway edged higher on Tuesday despite warnings that volumes and margins will continue to slide this year.…
Oil prices decline on report U.S. may ease sanctions on Venezuela
Oil futures ended lower on Monday after a jump at the end of last week, with prices pressured by a…
Ericsson Earnings Largely Known, But Guidance to Be Scrutinized — Earnings Preview
By Dominic Chopping STOCKHOLM--Sweden's Ericsson is due to report third-quarter earnings on Tuesday. Here's what to watch: NET PROFIT: The…
Markets See Measured Fed Rate Cuts In 2024
The Fed funds rate is expected to decline by the end 2024, but not by much and largely later in…
Aldeyra Therapeutics Shares Fall 73% After Warning That FDA Might Not Approve Drug
By Will Feuer Shares of Aldeyra Therapeutics tumbled after the company warned that minutes from a recent Food and Drug…
TECO 2030 Signs Loan Deal with its Largest Shareholder
By Dominic Chopping Norway's TECO 2030 said Monday that it has signed a loan agreement with its largest shareholder, TECO…
TRC Capital Lowers Price for Tender Offer of 2M Emera Shares to C$46/Share
By Chris Wack TRC Capital Investment said Monday that based on current market conditions, it has amended the terms of…
Moderna Backs 2023 Covid Vaccine Sales Outlook, Despite Uptake Uncertainty
By Will Feuer Moderna backed its Covid-19 vaccine sales outlook for the year, saying the guidance already accounts for the…
Rite Aid Stock Falls After Filing for Bankruptcy
Rite Aid said it will close more underperforming stores. Getty Images Drugstore chain Rite Aid filed for bankruptcy late Sunday…
Pfizer Stock Drops After Guidance Cut. Its Post-Covid Place Is Unsure.
Pfizer shares are down 37% so far this year. Courtesy Pfizer Pfizer stock is higher early Monday after the pharmaceutical…
Instacart Stock’s ‘Valuation Is Attractive.’ Buy Calls Are Coming In.
Instacart’s stock made its debut in September. Photo by Vanja Savic Instacart ‘s beaten-down stock is winning favor among Wall…
Vista Outdoors to sell its sporting products business to Czechoslovak Group for $1.91 billion in cash
Vista Outdoor Inc. VSTO, -23.72% said Monday it has reached an agreement to sell its sporting products business to Czechoslovak…
Charles Schwab’s stock rises as company says clients are moving cash into higher-yielding alternatives more slowly
Charles Schwab Corp.’s stock rose on Monday after the financial-services company said its bank sweep deposits increased month over month…
Consolidated Communications Holdings to be acquired by two private-equity firms
Consolidated Communications Holdings Inc. CNSL, +16.15% said Monday it agreed to be taken private by affiliates of Searchlight Capital Partners…
WeWork makes David Tolley permanent CEO
WeWork Inc. WE, -3.18% said Monday it has promoted Interim Chief Executive David Tolley to the role of permanent CEO.…
6 Things To Know Before Selecting Or Changing Your Health Coverage
For many employees, open enrollment for benefits selection occurs between October and November. Selecting from a long list of choices…
India-based HDFC Bank reports 33% jump in revenue, re-appoints CEO for 3 years
HDFC Bank Ltd. HDB, +1.91% 500180, -0.47% disclosed Monday that the India-based bank reported fiscal second-quarter standalone revenue that grew…