We are Sorry, This Page doesn't Exist

Shares of Palo Alto-based Tesla plunged 7.5 percent today to a new two-year low, after CEO Elon Musk promised employees that the company would undergo “hardcore” cost-cutting measures to stay solvent. Shares closed at $211.03, a price it hasnâ.....»»

The chief medical officer of ICER wrote that the price for the company's gene therapy intended to treat Duchenne muscular dystrophy is “enormous” considering it "failed to meet its primary end point.".....»»

TotalEnergies reported $2.14 adjusted EPS, 2% decrease in hydrocarbon production, 4% decline in E&P and 6% increase in Integrated LNG, and $11.5 billion adjusted EBITDA. The company expects higher utilization rate and LNG selling price in Q2. read more.....»»

Elon Musk, CEO of Tesla, is being called upon to clarify the circumstances surrounding the recent layoffs at the company. The move comes in the wake of a challenging period for the electric vehicle giant, with investors seeking reassurances. read more.....»»

Often when a company announces job cuts, its stock price jumps as investors applaud cost-saving measures. That's not happening for Tesla on Monday. .....»»

In an environment where rates are so low that carriers are struggling to turn a profit, cost-cutting measures are vital. Only not every cost should be cut. read more.....»»

"We see it hard for the company to generate additional sales with its current product portfolio or without cutting price further," BofA said. .....»»

Nucor Corp. said Thursday it has set a new $3.0 billion stock repurchase program. Based on the previous session's stock closing price of $95.99, the steel products company could buy back about 10.4% of the shares outstanding. The company said the new pr.....»»

Shares of Dow Inc. rose 1.0% in premarket trading Thursday, after the materials science company reported first-quarter profit and sales that rose above expectations, helped by price gains across all op.....»»

Coca-Cola Prices Set To Rise Amid Soaring Cost Pressures  The price of a refreshing Coca-Cola is set to rise as the beverage company offsets higher commo.....»»

The IPO market is heating up this week with offerings from a low- cost airline, online food ordering platform, SaaS company and several small offerings. Here's a closer look at the large IPOs that are expected to price this week. read more.....»»

Uber and Lyft have racked up tens of billions of dollars in losses, but cost-cutting and shifting focus from moving people to delivering food has helped them weather the pandemic downturn. Each could finally make a profit .....»»

Lyft is playing a defensive game, cutting costs and restructuring, but will be enough to keep the company afloat in these trying economic times?.....»»

Lyft Inc. shares surge over 20% after the company cites small improvements in rider trends and outlines new cost-cutting initiatives, but some still question how smooth the ride-hailing giant’s recovery will be......»»

Flexibility Enables Dynamic Response to Preserve Financial StrengthSignificant Cost Savings and Capital Efficiencies Enhance 2020 and 2021 Actions Taken in Response to Current Low Oil Price Environment: Second quarter planned capital in.....»»

Lyft Inc. shares surge over 20% after the company cites small improvements in rider trends and outlines new cost-cutting initiatives, but some still question how smooth the ride-hailing giant’s recovery will be......»»

Uber is cutting 3,700 full-time workers and its CEO will give up his base salary with the nation largely still in lockdown. The San Francisco company said Wednesday that the layoffs and related costs like severance will reach about .....»»

NBCUniversal has become the latest media company to announce executive pay cuts as part of cost-cutting measures to address the financial pain stemming from the coronavirus pandemic. The company -- which owns the NBC, MSNBC, CNBC and USA networks.....»»

3M Co. posted better-than-expected sales and earnings for the first quarter, helped by a boost in sales of safety equipment, cleaning supplies and filters during the Covid-19 pandemic. But sales in other areas dropped, and the manufacturer said it .....»»

Apple released a smaller iPhone priced at $399, cutting the starting price for the company's smartphone line in a move to broaden its appeal to budget-conscious customers as the coronavirus hobbles the global economy. Conway G. Gittens has the details......»»