By Cecilia Butini Roche Holding AG reported sales growth in 2022, but said it expects a decrease in sales for 2023 due to a drop in the sale of Covid-19 products. The Swiss pharma major posted sales of 63.28 billion Swiss francs ($69.65 billion) for the full year 2022,...
LONDON–Shell PLC became the latest oil giant to post record annual profit last year, joining U.S. peers in surging back from early pandemic losses on soaring energy prices. Shell’s SHEL, +2.45% SHELL, +1.72% SHEL, -0.83% $41.6 billion full-year profit surpassed the London-based company’s previous record of $31.4 billion in...
Infineon Technologies AG on Thursday posted higher revenue and profit for its fiscal first quarter as strong chips sales in the automotive and industrial segments offset weaker demand for smartphones, computers and data centers. The German chip maker IFX, +1.47% said revenue for the three months ended Dec....
Stock Market News Today: Stocks Tank as Bears Take Over Last Updated 4:00PM EST Stocks finished today's trading session in the red, as the Dow Jones Industrial Average, the S&P 500, and the Nasdaq 100 fell by 1.81%, 1.56%, and 1.27%, respectively. Meanwhile, bond yields...
Stock Market News Today: Stocks Tank as Bears Take Over Last Updated 4:00PM EST Stocks finished today's trading session in the red, as the Dow Jones Industrial Average, the S&P 500, and the Nasdaq 100 fell by 1.81%, 1.56%, and 1.27%, respectively. Meanwhile, bond yields...
The S&P 500 and Nasdaq Composite closed sharply higher on Wednesday, erasing earlier losses, after the Federal Reserve increased its benchmark short-term rate by a smaller 25 basis point increment. The Dow Jones Industrial Average DJIA, +0.02% edged up by about 6 points, or less than 0.1%, ending near...
The S&P 500 and Nasdaq Composite closed sharply higher on Wednesday, erasing earlier losses, after the Federal Reserve increased its benchmark short-term rate by a smaller 25 basis point increment. The Dow Jones Industrial Average DJIA, +0.02% edged up by about 6 points, or less than 0.1%, ending near...
Meta Platforms Inc. shares soared in after-hours trading Wednesday despite an earnings miss, as the Facebook parent company guided for potentially more revenue than Wall Street expected in the new year and promised more share repurchases amid cost cuts. Meta META, +2.79% said it hauled in $32.17 billion...
The federal government on Wednesday hit Amazon.com Inc. with worker-safety related citations and penalties at three more warehouses, two weeks after issuing citations at the company’s warehouses in three different states. The latest citations are the result of the Occupational Safety and Health Administration’s investigation of Amazon AMZN,...
The median forecasts in this calendar come from surveys of economists conducted by Dow Jones Newswires and The Wall Street Journal.All statistics in this calendar are in expressed in nominal terms unless labeled "real." "Real" statistics are inflation-adjusted using the most relevant deflator. "SAAR" means seasonally adjusted annual rate.Click...