Perrigo Gets Facility Reclassification From FDA as 4Q Profit, Revenue Fall
The reclassification comes after the FDA inspected the facility in October and November. Also on Thursday, Perrigo posted a loss of $44.5 million, or 32 cents a share, in the fourth quarter, compared ...
Life Time Group Bumps Up Outlook After 4Q Sales Soar
The operator of fitness and spa centers expects revenue to hit $2.93 billion to $2.98 billion this year, up from guidance for $2.91 billion and $2.97 billion that it provided last month. Analysts are ...
Autodesk says it's cutting 9% of its workforce, and shares rise
Design-software developer Autodesk Inc. on Thursday said it would cut around 9% of its workforce, or around 1,350 employees, amid a bigger effort to prioritize cloud services and artificial ...
HP Inc. was proactive about the impact of tariffs, and it may be paying off
HP Inc. has been proactive in dealing with the potential impact from looming tariffs on goods manufactured in China, including an ongoing shift of its manufacturing operations and purchasing more ...
Dow's 112-point drop led by losses for shares of NVIDIA Corp., Salesforce
Behind negative returns for shares of NVIDIA Corp. and Salesforce, the Dow Jones Industrial Average is falling Thursday afternoon. The Dow was most recently trading 112 points (0.3%) lower, as shares ...
Basic Materials Roundup: Market Talk
Find insight on Press Metal Aluminium, Crown and Ball and more in the latest Market Talks covering basic materials.
Financial Services Roundup: Market Talk
Find insight on St. James’s Place, Aviva and more in the latest Market Talks covering financial services.