Shares of Pfizer Inc.
Shares of Pfizer Inc. gained 0.3% in premarket trading Thursday, after the pharmaceutical giant reported big second-quarter profit and revenue beats, driven primarily by "strong contributions" from its COVID drugs Comirnaty and Paxlovid. Net income rose to $9.91 billion, or $1.73 a share, https://www.cine974.com/actu-cine/accedez-a-plus-de-contenus-sur-vos-plateformes-svod-preferees-grace-a-nordvpn/1527/ from $5.56 billion, or 98 cents a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share of $2.04 beat the FactSet consensus of $1.72. Revenue increased by $8.84 billion, or 46.8%, to $27.74 billion, well above the FactSet consensus of $25.49 billion.
Excluding nonrecurring items, adjusted earnings per share of $1.87 beat the FactSet consensus of $1.70. Sales grew 28.0% to $14.59 billion, well above the https://www.chase.com/ FactSet consensus of $13.87 billion, as pharmaceutical sales rose 28% to $12.76 billion and animal health sales were little changed at $1.47 billion.
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Shares of Stanley Black & Decker Inc. slid 15% premarket Thursday, after the tool maker’s second-quarter earnings fell far short of estimates, it slashed its guidance and announced cost cuts and an overhaul of its supply chain. New Britain, Conn.-based Stanley Black & Decker post net income of $87.6 million, or 57 cents a share, for the quarter, down from $459.5 million, or $2.75 a share, in the year-earlier quarter.
- Nearly a quarter of first-time homebuyers open a credit card when they close on a home.
- Adjusted earnings in the three months ended June 30 totaled $2.10 a share.
- Ford reported second quarter financial results after the bell on Wednesday easily topping estimates on both the top and bottom lines, and reaffirming its full-year profit guidance.
- News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services.
- The company is expecting to take three years to overhaul its supply chain, moving closer to customers and achieving 35%+ adjusted gross margins.
- Among the stocks expected to see active trading on Monday are Agilent Technologies Inc., Hastings Entertainment Inc. and Lowe’s Companies Inc.
Inventory stood at $6.6 billion at quarter-end, up about $400 million from the first quarter. The company is aiming to cut costs by $1 billion by end-2023 and by about $2 billion in three years. The company is expecting to take three years http://web-master-pro.com/showthread.php/5445-comment-faire-connaitre-son-restaurant to overhaul its supply chain, moving closer to customers and achieving 35%+ adjusted gross margins. For the full year, Stanley Black & Decker is now expecting EPS of 80 cents to $2.05, down sharply from $7.20 to $8.30 previously.
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"Alphabet shows digital ad business not falling off a cliff and relatively stable with some soft spots," Wedbush analyst Dan Ives said." Nearly a quarter of first-time homebuyers open a credit card when they close on a home.
Sales of Merck’s largest drug Keytruda increased 26% to $5.25 billion to beat expectations of $5.03 billion. For 2022, the company narrowed its adjusted EPS guidance range to $7.25 to $7.35 from $7.24 to $7.36, but raised its sales guidance to $57.5 billion to $58.5 billion from $56.9 billion to $58.1 billion. The stock has gained 3.0% over the past three months through Wednesday, while the Dow Jones Industrial Average undefined has lost 5.1%.
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It will accelerate JetBlue’s organic growth plan with more than 1,700 daily flights to more than 125 destinations in 30 countries, based on its Dec. 2022 schedule. The deal is expected to close no later than the first half of 2024. "We believe we can uniquely be a solution to the lack of competition in the U.S. airline industry and the continued dominance of the Big Four," said JetBlue CEO Robin Hayes. Spirit shares rose 4.2% on the news, while JetBlue ticked down 0.1%.
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The air carrier said its customers will initially see a placeholder expiration date of Dec. 31, 2040 on their flight credits, until technology is updated to remove all expiration dates. "We repeatedly leaned https://www.chase.com/ in during the pandemic to give our customers more time to use their flight credits beyond a full year, which was our previous policy," said Tony Roach, vice president of customer experience and engagement.
Excluding growth from COVID-19 vaccine Comirnaty and from COVID-19 treatment Paxlovid, revenue grew $128 million, or 1%. For 2022, Pfizer nudged up its guidance for adjusted EPS to $6.30 to $6.45 from $6.25 to $6.45 and affirmed its revenue outlook Stock Price Online of $98.0 billion to $102 billion, which includes expected Comirnaty revenue of about $32 billion and Paxlovid revenue of about $22 billion. The stock has tacked on 2.1% over the past three months through Wednesday, while the S&P 500 has lost 6.2%.
Spirit Airlines Agrees To $3 8 Billion Offer From Jetblue
It expects adjusted EPS of $5.00 to $6.00, down from a prior $9.50 to $10.50. Shares have fallen 37% in the year to date, while the S&P 500 has fallen 16%. JetBlue Airways Corporation undefined and Spirit Airlines Inc. undefined said Thursday they have agreed that JetBlue will acquire Spirit in a deal with an equity value of $3.8 billion that https://forum.zebulon.fr/profile/300462-godrickgol/?tab=field_core_pfield_17 ends a 3-way merger battle with Frontier Group Holdings Inc. undefined. JetBlue will pay $33.50 a share in cash and a ticking fee of 10 cents per month starting in Jan. 2023 through closing, creating an adjusted enterprise value of $7.6 billion. The new entity will have a combined base of 77 million customers and a fleet of 458 aircraft.
News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. Ford reported second quarter financial Stock Price Online results after the bell on Wednesday easily topping estimates on both the top and bottom lines, and reaffirming its full-year profit guidance. US new home sales have tumbled to a 2-year low as the market slumps.
Excluding one-time charges, EPS came to $1.77, below the $2.13 FactSet consensus. Sales https://www.babelio.com/monprofil.php rose 16% to $4.4 billion, but also missed the $4.7 billion FactSet consensus.
Meta CEO Mark Zuckerberg warned of an economic downturn after the Facebook parent’s second-quarter revenue and earnings missed targets. Among the stocks expected to see active trading on Monday are Agilent Technologies Inc., Hastings Entertainment https://www.agorabib.fr/topic/3939-logiciel-de-gestion-de-tablettes/?_fromLogin=1 Inc. and Lowe’s Companies Inc. MarketWatch’s daily rundown of major gainers and decliners in the U.S. stock market. Data and information is provided for informational purposes only, and is not intended for trading purposes.