Published: Jan. 10, 2024 at 2:55 a.m. ET By Ian Walker Distil PLC said third-quarter revenue rose 39% while volumes rose 10% as it benefits from the business remodel in 2022, and that it expects to build on this growth over the fourth quarter of the fiscal year. The London-listed spirits producer–which houses the RedLeg … Read more
Tesla Finally Raised Prices. Why the Stock Is Tumbling. Barron’s Source link
A split Food and Drug Administration decision on a new depression medicine from Sage Therapeutics and Biogen blew holes in the strategies of both companies and raised questions about the future of their collaboration. Late on Friday, the FDA approved a two-week course of the pill Zurzuvae as a treatment for postpartum depression, but not … Read more
Online retail giant Amazon.com Inc.’s AMZN second-quarter results and third-quarter forecast sales last week were a bet that more consumers would start buying more things, but Wall Street’s expectations for the third quarter overall have only grown dimmer. With most of the 500 companies that make up the S&P 500 Index SPX already through the … Read more
Apple and Amazon’s earnings were a tale of two tech companies. Apple is stuck in a sales slump and investors are starting to get nervous. The company’s sales have now fallen for three consecutive quarters, and it expects another decline in the current quarter. Amazon, on the other hand, impressed with strong profits and better-than-expected … Read more