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Amgen third-quarter revenue falls 3%, biosimilar sales rise
Amgen Inc on Tuesday said competition for older off-patent drugs sent third-quarter revenue down 3%, but share repurchases and biosimilar sales helped it achieve higher-than-expected profit, and the company raised its full-year outlook......»»
Beyond Meat to offer more store discounts as competition heats up; shares fall
Beyond Meat Inc reported its first ever net profit and raised its full-year sales forecast, but shares tumbled 6.5% in extended trading as the vegan burger maker said it would need to offer more store discounts or promotions as competition heats up......»»
Amazon"s gloomy holiday forecast misses estimates, shares fall 7%
Amazon.com Inc on Thursday forecast revenue and profit for the holiday quarter below expectations, as it faces fierce competition and rising costs from its plan to speed up delivery times globally......»»
Amazon"s gloomy holiday sales forecast misses estimates, shares fall 7%
Amazon.com Inc on Thursday forecast revenue and profit for the holiday quarter below expectations, as it faces fierce competition and rising costs from its plan to speed up delivery times globally......»»
Slower growth in Microsoft cloud business casts shadow over results
Microsoft Corp's Azure cloud services grew more slowly in its first quarter even as profit and revenue beat estimates, the company said on Wednesday, a sign that competition is picking up in its fastest-growing business......»»
Dow Jones Newswires: Swedbank profit drops amid tough competition and higher costs
Swedbank AB on Wednesday posted a bigger-than-expected drop in third-quarter net profit as the bank faced tough competition and higher costs......»»
McDonald"s misses profit target as competition delivers breakfast, plant burgers
McDonald's Corp missed Wall Street estimates for profit for the first time in two years on Tuesday as more investment to spruce up U.S. restaurants and speed up service weighed on the world's biggest fast food chain, sending its shares down 4%......»»
Knight-Swift cuts profit outlook as increased competition led to oversupply of trucking capacity
Shares of Knight-Swift Transportation Holdings Inc. dropped 2.2% in premark.....»»
Domino"s hit by competition on deliveries, shifts outlook
Domino's Pizza missed Wall Street estimates for quarterly same-store sales and profit on Tuesday, hurt by growing competition from third-party delivery services and small pizzerias, sending the pizza chain's shares down 6%......»»
Lending to house flippers hits a 13-year high as prices and competition heat up
It is getting much harder to profit on house flipping today. That has flippers financing more of their investments than they have in over a decade......»»
Smucker cuts full-year targets after first-quarter earnings disappoint
J. M. Smucker Co on Tuesday cut its full-year earnings forecast and missed Wall Street estimates for quarterly profit and sales, blaming competition in the pet food industry and its move to cut prices on its peanut butter and coffee......»»
Profit Keeps Sinking at Hawaiian Holdings
Hawaiian Holdings NASDAQ HA has suffered from persistent margin erosion for the past two years Growth on Hawaii routes by longtime rivals such as United Airlines combined with new competition from Southwest Airlines NYSE LUV has undermined unit revenue at.....»»
Eli Lilly tops profit estimates on boost from diabetes drugs
Eli Lilly and Co beat analysts' estimates for quarterly profit and raised its full-year earnings forecast on Tuesday, as higher sales of diabetes drugs Trulicity and Basaglar offset competition for its erectile dysfunction treatment, Cialis......»»
Eli Lilly tops revenue estimates on boost from diabetes drugs
Eli Lilly and Co beat analysts' estimates for quarterly profit on Tuesday and raised its full-year earnings forecast, as higher sales of diabetes drugs Trulicity and Basaglar offset competition for its erectile dysfunction drug, Cialis......»»
Eli Lilly tops revenue estimates on diabetes drug boost
Eli Lilly and Co edged past Wall Street estimates for quarterly revenue on Tuesday, as higher sales of its top-selling diabetes drug, Trulicity, helped offset the impact of generic competition on its erectile dysfunction drug, Cialis......»»
Mylan beats adjusted profit, revenue expectations
Shares of Mylan N.V. soared 24% in premarket trading Monday, after the generic drug maker announced a deal to merge with Pfizer Inc.'s Upjohn and reported a second-quarter adjusted profit and revenue that beat expectations. Mylan repor.....»»
J&J warns of hit from generic drugs in third quarter, shares fall
Johnson & Johnson on Tuesday boosted its 2019 sales forecast amid robust demand for its cancer drugs, but warned that competition from generic and copycat drugs could impact its third-quarter results, sending shares down 1.4% in noon trading......»»
Milestone Pharmaceuticals: Interesting, But Not Well-Differentiated From Generic Competition
Milestone Pharmaceuticals: Interesting, But Not Well-Differentiated From Generic Competition.....»»
Camping World CEO and CNBC"s Lemonis to guest judge 5 Lakes Pitch at Summerfest Tech
Marcus Lemonis, a Marquette University graduate and businessman who appears on CNBC's "The Profit" will be a guest judge for the inaugural pitch competition at Summerfest Tech, a two-day event highlighting innovation during the Summerfest music festiv.....»»
Pfizer bolsters cancer portfolio with $10.64 billion deal for Array
Pfizer Inc said on Monday it would acquire Array Biopharma Inc for $10.64 billion in cash to beef up its cancer portfolio as it faces rising generic competition for its blockbuster drugs......»»