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Category Archives: Uncategorized

Bank stocks pop after Fed releases ‘easier’ 2025 stress test, plans to make exam more predictable

The stress test changes bolster the case made by Wall Street analysts that U.S. banks will face a friendlier regulatory regime under the Trump administration.

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After calling off merger, Coach parent Tapestry’s holiday sales soar

Coach’s parent company reported the results less than two months after calling off its merger with fashion accessories competitor Capri.

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Eli Lilly to release late-stage data on next-generation weight loss drug retatrutide in 2025, earlier than expected

Eli Lilly expects to read out results from a study in people with obesity and osteoarthritis of the knee in 2025.

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Strong Taco Bell sales fuel Yum Brands earnings beat

Taco Bell owner Yum Brands beat Wall Street’s earnings and revenue estimates.

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Shares of Peloton surge 13% as it edges closer to profitability, posts better than expected sales

Peloton has shifted its focus to boosting profitability at the expense of growing sales by cutting marketing and other administraitive costs.

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How Calvin Klein and Tommy Hilfiger got caught in Trump’s trade war with China

The owner of Calvin Klein and Tommy Hilfger has been placed on China’s unreliable entities list, which could force it to cease operations in the […]

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Eli Lilly posts mixed quarter even as demand for weight loss, diabetes drugs soars

The results were consistent with the preliminary results Eli Lilly shared in January, which disappointed investors.

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Bristol Myers Squibb plans $2 billion in cost cuts by 2027, issues weak guidance

The company also issued a 2025 guidance that fell short of expectations, as some of the company’s older drugs face competition from cheaper generics.

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Ford CEO calls for ‘comprehensive’ tariff analysis for all countries

Farley singled out imports from Japan and South Korea that have little to no duties compared to the 25% tariff threatened on Canada and Mexico.

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Cosm considers international expansion of immersive sports-viewing venues

Cosm has raised $300 million and may be in the market for more funding soon, CEO Jeb Terry in an interview with CNBC Sport.

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