The exterior view of the entrance to Merck headquarters in Rahway, New Jersey, on Feb. 5, 2024.Spencer Platt | Getty ImagesMerck on Thursday reported first-quarter revenue and adjusted earnings that topped expectations as it posted strong sales of its blockbuster cancer drug Keytruda and vaccine products.The pharmaceutical giant also...
A Southwest commercial airliner takes off from Las Vegas on Feb. 8, 2024.Mike Blake | ReutersSouthwest Airlines on Thursday posted a wider loss for the first quarter than the same period last year and warned that Boeing's airplane delays will hamper its growth into 2025.The airline expects to grow...
A Boeing 737 passenger aircraft of American Airlines arrives from Austin at JFK International Airport in New York as the Manhattan skyline looms in the background on February 7, 2024.Charly Triballeau | Afp | Getty ImagesAmerican Airlines swung to a loss in the first quarter but its forecast for...
In this photo illustration, Comcast Corporation logo seen displayed on a tablet. Igor Golovnov | SOPA Images | Lightrocket | Getty ImagesComcast beat first-quarter earnings expectations on Thursday, as broadband drove revenue even as the company and its peers have seen customer growth slow.Here's how Comcast performed, compared with...
Beleaguered seafood chain Red Lobster is seeking a buyer as it looks to avoid filing for bankruptcy, CNBC has learned. The company has considered filing for bankruptcy to help it restructure its debt and get out of a number of costly and lengthy leases, but it's also sought a buyer...
Signage shines through a window reflecting Barclays head office in Canary Wharf, London, U.K.Bloomberg | Getty ImagesLONDON — Shares of Barclays rose 4% on Thursday after the bank reported first-quarter net income attributable to shareholders of £1.55 billion ($1.93 billion), beating expectations and returning the British lender to profit amid a...
The Deutsche Bank AG headquarters in the financial district of Frankfurt, Germany, on Thursday, Feb. 1, 2024. Bloomberg | Bloomberg | Getty ImagesDeutsche Bank on Thursday reported 1.275 billion euros ($1.365 billion) in net profit attributable to shareholders in the first quarter, marking a 10% annual increase.Analysts had forecast a...
A person rides past a Walgreens truck, owned by the Walgreens Boots Alliance, in Manhattan, New York City, on Nov. 26, 2021.Andrew Kelly | ReutersWalgreens on Thursday said it will start to work directly with drugmakers to bring cell and gene therapies to U.S. patients as part of a broader...
SK Hynix Inc. signage at the company's office in Seongnam, South Korea, on Monday, April 22, 2024. SK Hynix is scheduled to release earnings figures on April 25. Photographer: SeongJoon Cho/Bloomberg via Getty ImagesBloomberg | Bloomberg | Getty ImagesSouth Korean memory chipmaker SK Hynix on Thursday reported a...
Meta Platforms on Wednesday evening delivered a solid quarter with sales, operating income, earnings, and cash flow all exceeding expectations on the back of a solid increase in engagement. The stock, however, dropped sharply in after-hours trading following some guidance concerns. Revenue in the three months ended March 31...