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ON Semiconductor Raises Outlook Despite 1Q Loss
ON Semiconductor swung to a loss in the first quarter but raised its full-year outlook. The semiconductor maker on Monday posted a loss of $486.1 million, or $1.15 a share, in the first quarter, ...
Cummins Retracts Outlook on Economic Uncertainty
Cummins withdrew its full-year outlook due to economic uncertainty and posted lower earnings and sales for the first quarter. The engine maker on Monday posted a profit of $824 million, or $5.96 a ...
BioCryst Rises on Strong Sales of Rare-Disease Drug
In the first quarter, BioCryst swung to a profit of $32,000, or less than a penny a share from a loss of $35.4 million, or 17 cents a share, a year earlier. Revenue surged 57% to $145.5 million, ...
Dundee Precious Metals Names Montalvo as Chair After Gillin's Passing
Dundee Precious Metals said Monday it has appointed Juanita Montalvo as board chair following the passing of Peter Gillin, who previously served in the role. Gillin first joined the Toronto-based gold ...
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ImmunityBio Requests Meeting With FDA Over Rejected Bladder Treatment Application
ImmunityBio is seeking an urgent meeting with U.S. health regulators after its bladder-cancer treatment application was rejected. The immunotherapy company said Monday that it received a ...
BioNTech Posts Wider 1Q Loss, to Focus on Oncology Programs
Dr. Peter Marks, a Food and Drug Administration official who had a leading role in vaccine regulation, was ousted by Health and Human Services Secretary Robert F. Kennedy Jr., and alleged Kennedy was ...
Elanco Sells Non-Core Asset to Blackstone for $295 Mln
Elanco Animal Health has sold royalty and milestone rights for Xdemvy's human health applications to Blackstone-affiliated funds for $295 million. The animal-medicine company said Monday that the ...
Freshpet Trims 2025 Outlook Following Soft 1Q Conditions, Year-to-Date Growth
Freshpet trimmed its outlook for the year to plan as if first-quarter conditions were to continue for the balance of the year, said Chief Executive Billy Cyr. "Our growth year-to-date has not been as ...
Netflix, BP and other active stocks for Monday
These were some of the most active shares ahead of Monday's market open: Netflix shares fell over 4%. President Donald Trump said over the weekend that [U.S. movies made overseas would be subject to 1 ...
Fed’s Powell expected to push back this week against calls for rate cuts
Federal Reserve Chair Jerome Powell will push back at his press conference on Wednesday on calls from the White House and ...