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[ad_1] Dexcom CEO Kevin Sayer. Scott Mlyn | CNBC Shares of Dexcom fell 9% in extended trading on Thursday after the company released third-quarter results that beat analysts’ expectations but showed a decline in U.S. revenue year over year. Here’s what the company reported compared with what Wall Street was expecting, based on a survey…
[ad_1] The CVS pharmacy logo is displayed on a sign above a CVS Health Corp. store in Las Vegas, Nevada on Feb. 7, 2024. Patrick T. Fallon | AFP | Getty Images CVS Health on Wednesday reported second-quarter earnings that topped expectations, but slashed its full-year profit outlook, citing higher medical costs that have been…
[ad_1] A customer enters a Nike store along the Magnificent Mile shopping district on December 21, 2022 in Chicago, Illinois. Scott Olson | Getty Images Nike on Thursday unveiled plans to cut costs by about $2 billion over the next three years. The sneaker giant plans to simplify its product assortment, increase automation and its…
[ad_1] Larry Ellison, co-founder and executive chairman of Oracle Corp., speaks during the Oracle OpenWorld conference in San Francisco on Oct. 22, 2018. David Paul Morris | Bloomberg | Getty Images Oracle shares dropped more than 9% in extended trading Monday after the software company reported fiscal second-quarter revenue that fell short of Wall Street…
[ad_1] Shares of Ulta Beauty rose in after-hours trading Thursday, as the company said its third-quarter sales rose while shoppers showed once again they’re willing to spend on fragrances, skin care and more even when the budget is tight. The specialty beauty retailer raised the bottom end of its range for full-year sales and earnings…
[ad_1] Signage at the Alibaba Group Holding Ltd. booth at the Smart China Expo in Chongqing, China, on Monday, Sept. 4, 2023. Qilai Shen | Bloomberg | Getty Images U.S.-listed shares of Chinese e-commerce giant Alibaba slid on Thursday after it announced that it would not proceed with the full spin-off of its cloud group due to…
[ad_1] As Target tries to fight theft at its stores, it has left customers frustrated to find many everyday items locked up. Still, the retailer’s CEO Brian Cornell claimed many shoppers are actually grateful to see their body wash, toothpaste and deodorant behind a glass panel. On a media call with reporters discussing Target’s third-quarter…
[ad_1] Unlike McDonalds — which owns some 84% of its outlets in Russia — companies such as Burger King, Subway and Papa John’s often operate via franchise agreements there. Burger King said it demanded the main operator of its franchises suspend restaurant operations in Russia, but that “they have refused.” Alexander Sayganov | SOPA |…
[ad_1] A Roku Inc. remote in an arranged photograph in Hastings-on-Hudson, New York, U.S., on Sunday, May 2, 2021. Bloomberg |Getty Images Media stocks popped on Thursday as Roku’s 30% rally lifted the entire sector. Wall Street celebrated the streaming device company’s third quarter-report Wednesday, in which Roku reported strong trends in content distribution and…
[ad_1] Pfizer on Tuesday reported a narrower-than-expected adjusted loss for the third quarter as the drugmaker recorded charges largely related to struggles for its Covid antiviral treatment Paxlovid and the Covid vaccine. Pfizer said it recorded a $5.6 billion charge for inventory write-offs in the third quarter due to lower-than-expected use of Covid products. Of…