(Reuters) – Swiss dental implants maker Straumann on Wednesday raised its 2022 organic sales growth outlook, citing post-pandemic recovery momentum.…
Prudential Financial third-quarter profit falls as market rout hits AUM
(Reuters) – Prudential Financial Inc on Tuesday reported a fall in quarterly adjusted profit as the insurer’s assets under management…
Eli Lilly’s dismal annual forecast overshadows quarterly beat
(Reuters) -Eli Lilly and Co on Tuesday forecast its annual profit and revenue below estimates, as a stronger dollar piled…
Pfizer boosts COVID vaccine sales forecast by $2 billion
(Corrects share price to $47.67 from 447.67 in paragraph 2) By Manas Mishra (Reuters) – Pfizer Inc on Tuesday raised…
J&J to buy heart pump maker Abiomed for $16.6 billion ahead of consumer health spinoff
By Michael Erman, Leroy Leo and Raghav Mahobe (Reuters) -Johnson & Johnson said on Tuesday it struck a deal to…
China Evergrande unit gets notice for $4.48 billion loan from Shengjing Bank
(Reuters) – Debt-laden property developer China Evergrande Group said on Tuesday its unit received a notice of enforcement for unrecoverable…
Apple supplier Foxconn quadruples bonuses to staff hit by China COVID lockdown
By Yimou Lee and Brenda Goh (Reuters) – Apple supplier Foxconn said on Tuesday it has quadrupled bonuses on offer…
Analysis-In Australia, a hacking frenzy spurred by an undersized cybersecurity workforce
By Byron Kaye and Lewis Jackson SYDNEY (Reuters) – A swathe of hacks on some of Australia’s biggest companies has…
Fearing COVID, workers flee from Foxconn’s vast Chinese iPhone plant
By Ryan Woo BEIJING (Reuters) – After enduring days of lock-in at Foxconn’s vast facility in central China with 200,000…
Eli Lilly’s growth tied to nascent diabetes drug sales
(Reuters) – Wall Street analysts will be focusing on sales of Eli Lilly and Co’s newly approved diabetes drug Mounjaro…