Biogen Inc. forecast 2026 profit above Wall Street’s expectations, signaling that steep cost-cutting measures are cushioning the impact of shrinking sales from its multiple sclerosis franchise.

Feb 17 (Reuters) - Palo Alto Networks (PANW.O), opens new tab trimmed its annual profit forecast on Tuesday, signaling rising costs from recent acquisitions to enhance AI capabilities, sending the ...

Feb 18 (Reuters) - Beer maker Molson Coors (TAP.N), opens new tab forecast a sharp drop in annual profit on Wednesday, hurt by higher aluminum tariffs and weak spending among price-sensitive consumers ...

ANZ Group's first-quarter fiscal 2026 underlying profit rose 17% to AUD 2.0 billion. A sharp 8% cut to underlying operating expenses was the key driver, further aided by modest loan growth and a ...

Down roughly 70% in just six months since its IPO, buy-now-pay-later upstart Klarna is a prime example of why investors may want to give newly public stocks a few quarters to prove themselves before ...

The average residential electric bill impact for two offshore wind farms off Long Island has increased nearly fivefold since 2019 to an anticipated $3.54 a month, according to state data, fueled by ...

Executives of ConocoPhillips Co., Houston, have reiterated their 2025 production targets even though they’ve trimmed their capital spending budget for the year by $500 million and their adjusted ...

The global hotel industry is expected to record higher guest spending in 2026, even as operators continue to face pressure from rising costs. New findings from the American Hotel & Lodging Association ...