Author Archives: Syndicated Content
Kellanova posts upbeat Q1 results as demand held steady
(Reuters) - Pop-Tarts maker Kellanova beat Wall Street estimates for first-quarter sales and profit on Thursday, boosted by higher prices and firm demand for its breakfast cereals and ready-to-eat sna...
May 02, 2024
US productivity slows sharply in first quarter
WASHINGTON (Reuters) - U.S. worker productivity growth slowed sharply in the first quarter, resulting in a surge in labor costs, but the trend in productivity remained solid. Nonfarm productivity, whi...
May 02, 2024
Vulcan beats profit estimates as price hikes offset bad weather impact
(Reuters) - Construction supplies maker Vulcan Materials reported first-quarter profit above Wall Street estimates on Thursday, as price hikes helped offset the impact of bad weather on demand for agg...
May 02, 2024
Argentina budget cuts hitting nuclear energy ambitions, atomic body says
By Candelaria Grimberg and Horacio Soria BUENOS AIRES (Reuters) - Argentina's nuclear energy ambitions are coming under pressure from a tough austerity package and cost-cutting drive by libertarian Pr...
May 02, 2024
US trade deficit narrows slightly in March
WASHINGTON (Reuters) - The U.S. trade deficit narrowed slightly in March as a decline in imports was tempered somewhat by a plunge in exports. The trade deficit contracted 0.1% to $69.4 billion, the C...
May 02, 2024
Novo Nordisk: Wegovy, Ozempic prices in US fell in Q1
LONDON (Reuters) - Novo Nordisk has seen the price of its hugely popular weight-loss drug Wegovy and diabetes drug Ozempic fall in the United States as volumes and competition have increased, a senior...
May 02, 2024
Cardinal Health lifts 2024 profit view on demand for costly specialty drugs
(Reuters) - Cardinal Health raised its annual profit forecast on Thursday, betting on strength in its pharmaceutical unit selling costly specialty drugs used to treat complex conditions such as cancer...
May 02, 2024
Baxter raises annual profit forecast on strong demand for medical devices
(Reuters) - Medical device maker Baxter International raised its annual profit forecast and beat quarterly estimates on Thursday, banking on strong demand for its infusion pumps and dialysis products....
May 02, 2024
Indian IT firm Coforge's Q4 revenue just short of estimates, contract wins double
BENGALURU (Reuters) - Indian IT company Coforge reported a marginally smaller-than-expected fourth-quarter revenue on Thursday amid overall tepid tech spending from clients. WHY IT'S IMPORTANT India's...
May 02, 2024
Israeli cyber startup Apex gets initial investment from OpenAI's Altman
By Steven Scheer JERUSALEM (Reuters) - Israeli cyber security start-up Apex, which focuses on protecting the rapid use of artificial intelligence (AI) tools, said on Thursday it received an undisclose...
May 02, 2024
