COVID-19 vaccine sales push Moderna to $12B profit in 2021
COVID-19 vaccine sales jumped 44% for Moderna in the ultimate quarter of 2021, and the drugmaker expects demand for booster pictures to gasoline extra progress...
Stocks are cheaper, if not cheap, coming off bubble warnings
NEW YORK -- Typically a ten% drop in worth can imply a reduction that’s even greater than that. Inventory costs have tumbled 10% because the...
Lowe’s posts strong Q4 results on strong housing market
NEW YORK -- Lowe’s Cos., the nation's second-largest dwelling enchancment chain behind Residence Depot, supplied an upbeat annual outlook after reporting strong fiscal fourth-quarter results...
Macy’s Q4 results tops analysts’ estimates.
NEW YORK -- Macy's reported sturdy fourth-quarter gross sales and earnings that exceeded Wall Road estimates even because the division retailer confronted quite a few...
Walmart steers through inflation, boosting profit and sales
NEW YORK -- Walmart muscled through rising inflation and snarled international provide chains to place up sturdy fourth quarter outcomes Thursday. The corporate additionally delivered...
Twitter posts loss for 2021, but stock up on share buyback
SAN FRANCISCO -- Twitter's shares jumped in early buying and selling Thursday after it posted sturdy income progress final 12 months and introduced a $4...
Amazon reports strong 4Q results despite supply chain snags
NEW YORK -- Amazon is reporting strong fourth-quarter gross sales and earnings at the same time as the web behemoth continues to cope with surging...
Merck has strong fourth quarter as COVID-19 treatment debuts
The blockbuster most cancers treatment Keytruda pushed Merck previous fourth-quarter expectations, and the drugmaker’s COVID-19 treatment debuted with practically $1 billion in gross sales. Gross...
Shares of Facebook parent Meta plunge 22% on lower profits
Meta, the corporate that owns Facebook, Instagram and WhatsApp, noticed its inventory plunge after-hours Wednesday after unexpectedly heavy spending on its “metaverse” venture led to...
Starbucks’ strong US holiday season offset by China slump
Starbucks had a strong holiday season within the U.S. however weaker gross sales in China as its ended the second 12 months of the pandemic....