logo

Breaking News

Share

Six passengers on board Royal Caribbean Group's (RCL) Adventure of the Seas cruise ship have tested positive for Covid-19. Following the news, the cruise operator's shares slipped nearly 4% in regular trading on Friday. The six guests were immediately quarantined. Their close contacts were identified...

iWeb Inc (IWBB.OB) said it will acquire Tingo Mobile Plc. from Tingo International Holdings Inc, in a deal valuing the Tingo Mobile Plc at $3.7 billion. IWEB have agreed to pay $4.00 per share with an issuance of 928 million new shares. Tingo is Nigeria's leading technology and Device as a Service...

Baker Hughes Company (BKR) said that its board has authorized Baker Hughes Holdings LLC or "BHH LLC" to repurchase up to $2 billion of its common units. The company will use the proceeds from the sale of its BHH LLC common units to repurchase its Class A shares. Baker Hughes and BHH LLC are also authorized...

While reporting its financial results for the second quarter on Friday, net lease real estate investment trust W.P. Carey Inc. (WPC) raised and narrowed its adjusted funds from operations or AFFO to a range of $4.94 to $5.02 per share, including Real Estate AFFO of between $4.82 and $4.90 per share. Previously,...

Cyclo Therapeutics Inc. (CYTH) announced new positive safety and efficacy data from ongoing phase 1 open-label extension study of trappsol cyclo for the treatment of niemann-pick disease type C1 or NPC. NPC is a rare, progressive and fatal genetic disorder characterized by abnormal accumulation of cholesterol...

Imperial Oil Ltd. (IMO, IMO.TO) reported Friday a second-quarter net income of C$366 million or C$0.50 per share, compared to a net loss of C$526 million or C$0.72 per share in the prior-year quarter. Total revenues and other income for the quarter soared to C$8.05 billion from C$3.71 billion in the...

While reporting financial results for the second quarter on Friday, W.W. Grainger, Inc. (GWW) maintained its earnings and net sales guidance for the full-year 2021. For fiscal 2021, the company continues to project earnings in the range of $19.00 to $20.50 per share on net sales between $12.7 billion...

The U.S. Food and Drug Administration has cleared the Investigational New Drug submission for Protollin, an investigational drug to treat Alzheimer's disease, enabling a Phase 1 clinical trial to be initiated, I-Mab (IMAB) said in a statement. Protollin is a new type of immunotherapy aimed at stimulating...

While reporting financial results for the second quarter on Friday, Illinois Tool Works, Inc. (ITW) again raised its earnings, revenue and organic revenue guidance for the full-year 2021. For fiscal 2021, the company now projects earnings in the range of $8.55 to $8.95 per share on revenue growth...

While reporting financial results for the second quarter on Friday, consumer goods company Newell Brands, Inc. (NWL) maintained its normalized earnings guidance for the full-year 2021, while raising annual net sales outlook, to reflect the stronger than expected demand, higher productivity savings, as...

AbbVie (ABBV) raised its adjusted earnings per share outlook for the full-year 2021 to a range of $12.52 - $12.62 from the prior outlook of $12.37 to $12.57 per share. Analysts polled by Thomson Reuters expect the company to report earnings of $12.6 per share for fiscal year 2021. Analysts' estimates...

While reporting financial results for the first quarter of fiscal 2022 on Friday, VF Corp. (VFC) raised its adjusted earnings and revenue guidance for the full-year 2022. For fiscal 2022, the company now projects adjusted earnings to be approximately $3.20, including an approximate $0.25 contribution...

Cerner Corporation (CERN) on Friday posted net earnings of $32.71 million or $0.11 per share in the second quarter, lower than $134.75 million or $0.44 per share in the same quarter a year ago, particularly on higher restructuring expenses. Excluding charges, adjusted earnings surpassed the Street expectations. The...

Capri Holdings Limited (CPRI) said it expects earnings per share of about $0.90 and total revenue of about $1.25 billion for the second quarter. Analysts polled by Thomson Reuters expected the company to report earnings of $0.83 per share and revenues of $1.25 billion for the second-quarter. Analysts'...

While reporting improved second-quarter results on Thursday, Johnson Controls Inc (JCI) issued fourth-quarter earnings view in line with or below market estimates. The company also raised fiscal 2021 forecast in line with or below market view. For the fourth quarter, adjusted earnings per share is...

Follow RTT