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Pfizer tops earnings estimates, hikes full-year guidance as Covid products help sales

Pfizer tops earnings estimates, hikes full-year guidance as Covid products help sales

Business News

Kena Betancur | Corbis News | Getty Images Pfizer on Tuesday reported third-quarter revenue and adjusted profit that blew past expectations as the company’s Covid vaccine and antiviral pill Paxlovid helped boost sales. The pharmaceutical giant also hiked its full-year outlook and now expects to book adjusted earnings per share of $2.75 to $2.95, up […]

Pfizer tops earnings estimates, hikes full-year guidance as Covid products help sales Read More »

McDonald’s beats on profit and revenue, reverses U.S. same-store sales declines

McDonald’s beats on profit and revenue, reverses U.S. same-store sales declines

Business News

A McDonald’s restaurant in El Sobrante, California, on Oct. 23, 2024. David Paul Morris | Bloomberg | Getty Images McDonald’s on Tuesday reported quarterly earnings and revenue that beat analysts’ expectations as its U.S. restaurants reversed last quarter’s same-store sales decline. The earnings report didn’t mention the recent E. coli outbreak across 13 states that’s been

McDonald’s beats on profit and revenue, reverses U.S. same-store sales declines Read More »

Rocket builder Firefly’s new CEO is working ‘maniacally’ to scale launches, spacecraft and moon missions

Rocket builder Firefly’s new CEO is working ‘maniacally’ to scale launches, spacecraft and moon missions

Business News

CEO Jason Kim in the company’s lunar mission control center. Firefly Aerospace Jason Kim just nabbed one of the most coveted yet high-pressure C-suite gigs in the space industry. As the new CEO of rocket and spacecraft builder Firefly Aerospace, he’s no longer under the Boeing umbrella after leaving his previous role leading their satellite-making

Rocket builder Firefly’s new CEO is working ‘maniacally’ to scale launches, spacecraft and moon missions Read More »

JPMorgan begins suing customers who allegedly stole thousands of dollars in ‘infinite money glitch’

JPMorgan begins suing customers who allegedly stole thousands of dollars in ‘infinite money glitch’

Business News

The Chase bank logo above ATMs, taken in Manhattan. Michael Kappeler | Picture Alliance | Getty Images JPMorgan Chase has begun suing customers who allegedly stole thousands of Dollars from ATMs by taking advantage of a technical glitch that allowed them to withdraw funds before a check bounced. The bank on Monday filed lawsuits in

JPMorgan begins suing customers who allegedly stole thousands of dollars in ‘infinite money glitch’ Read More »

Ford Motor is set to report earnings after the bell. Here’s what Wall Street expects

Ford Motor is set to report earnings after the bell. Here’s what Wall Street expects

Business News

A Ford F-150 Lightning electric pickup truck is displayed for sale at a Ford dealership on August 21, 2024 in Glendale, California.  Mario Tama | Getty Images DETROIT — Ford Motor is set to report its third-quarter earnings after the bell Monday. Here is what Wall Street is expecting, according to average estimates compiled by

Ford Motor is set to report earnings after the bell. Here’s what Wall Street expects Read More »

McDonald’s Quarter Pounder burgers to return to restaurants affected by E. coli outbreak

McDonald’s Quarter Pounder burgers to return to restaurants affected by E. coli outbreak

Business News

A double quarter pounder with cheese and fries arranged at a McDonald’s restaurant in El Sobrante, California, US, on Wednesday, Oct. 23, 2024.  David Paul Morris | Bloomberg | Getty Images McDonald’s Quarter Pounder burgers will return to roughly 900 restaurants this week after the fast-food giant pulled the menu item linked to a deadly

McDonald’s Quarter Pounder burgers to return to restaurants affected by E. coli outbreak Read More »

Immersive entertainment company Cosm lands rights to broadcast NFL games

Immersive entertainment company Cosm lands rights to broadcast NFL games

Business News

Cosm currently has two locations in Los Angeles and Dallas, Texas but plans but is planning on expanding to additional locations in the future. Courtesy: Cosm Cosm, the immersive technology company that broadcasts live sports events using what it calls “shared reality,” is partnering with the National Football League, the company announced Monday. As part

Immersive entertainment company Cosm lands rights to broadcast NFL games Read More »

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