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Zimmer Biomet beats quarterly estimates on strong hips, knees device demand
Reuters· 2026-02-10 13:18
Core Insights - Zimmer Biomet exceeded Wall Street expectations for fourth-quarter profit and revenue, driven by consistent demand for its orthopedic devices [1] Company Performance - The company reported a strong performance in the fourth quarter, indicating robust market conditions for its products [1] Industry Demand - There is steady demand for orthopedic devices, which has positively impacted Zimmer Biomet's financial results [1]
Incyte weak 2026 revenue forecast heightens Jakafi patent concerns
Reuters· 2026-02-10 13:13
Incyte forecast annual sales below Wall Street estimates on Tuesday with its key growth driver Opzelura expected to underperform, raising concerns about the drugmaker's ability to offset looming patent losses on top-seller Jakafi. ...
Meta subsidiary loses appeal against Deutsche Telekom over network services
Reuters· 2026-02-10 13:04
A German court has ruled that Meta subsidiary Edge Network Services must pay Deutsche Telekom about 30 million euros ($35.71 million) that the German telecoms firm claims it is owed for providing netw... ...
Quest Diagnostics forecasts 2026 profit, revenue above estimates on lab test demand
Reuters· 2026-02-10 13:03
Core Viewpoint - Quest Diagnostics has forecasted 2026 profit and revenue to exceed Wall Street estimates following a strong performance in the fourth quarter driven by high demand for its diagnostic tests [1] Financial Performance - The company reported fourth-quarter results that surpassed expectations, indicating robust demand for its diagnostic services [1] Future Outlook - The forecast for 2026 includes profit and revenue projections that are above current Wall Street estimates, suggesting confidence in continued growth [1]
Hasbro signs deal with Warner Bros Discovery for 'Harry Potter' toys, games
Reuters· 2026-02-10 12:37
Hasbro and Warner Bros Discovery's global consumer products division on Tuesday announced a multi-year partnership to create toy and games based on the "Harry Potter" universe. ...
Target appoints insider Lisa Roath as operations head
Reuters· 2026-02-10 12:31
Target on Tuesday named long-time executive Lisa Roath as its operating chief in a boardroom reshuffle under new CEO Michael Fiddelke, as the U.S. retailer focuses on a sales revival. ...
Commerzbank 2025 net profit dips but above analyst expectations
Reuters· 2026-02-10 12:19
Germany's Commerzbank , fending off a possible takeover by Italy's UniCredit , said on Tuesday that net profit in 2025 fell slightly as it incurred restructuring costs, but it beat analysts' expectati... ...
Shell CEO says oil major does not have to buy assets anytime soon
Reuters· 2026-02-10 12:14
Core Viewpoint - Shell's CEO Wael Sawan stated that the company does not need to acquire additional assets in the near future to meet its 2030 targets [1] Group 1 - Shell is confident in its current asset portfolio to achieve its long-term goals [1]
Fiserv's quarterly profit beats estimates to close out turbulent 2025
Reuters· 2026-02-10 12:07
Core Viewpoint - Payments firm Fiserv reported fourth-quarter profit that exceeded Wall Street expectations, driven by expense discipline despite muted revenue growth [1] Financial Performance - Fiserv's fourth-quarter profit surpassed analyst expectations, indicating strong cost management [1] - Revenue growth remained subdued, suggesting challenges in top-line expansion [1]
Coca-Cola misses fourth-quarter revenue expectations
Reuters· 2026-02-10 12:01
Core Viewpoint - Coca-Cola missed Wall Street expectations for fourth-quarter revenue due to weakened demand for its trademark coke sodas in North America and Europe [1] Company Summary - Coca-Cola's fourth-quarter revenue fell short of analysts' forecasts, indicating a decline in consumer demand for its flagship products [1] Industry Summary - The beverage industry, particularly carbonated soft drinks, is experiencing challenges in key markets such as North America and Europe, impacting major players like Coca-Cola [1]