BofA Securities analyst Allen Lutz reiterated the Buy rating on Cardinal Health, Inc. CAH, raising the price forecast from $165 to $170.Lutz noted that Cardinal Health is set to host its investor day in New York on June 12, where the company will offer an updated business outlook compared to its last investor event two years ago.With strong performance over the past two years and favorable industry dynamics—such as rising utilization and IRA-driven out-of-pocket cost changes—expectations are elevated.Also R ...

Core Insights - Bristol-Myers Squibb Company participated in the Goldman Sachs 46th Annual Global Healthcare Conference, highlighting its engagement with the pharmaceutical sector and the current operating environment [1][4]. Group 1: Company Overview - Christopher S. Boerner serves as the CEO and Chairman of Bristol-Myers Squibb, while Adam Lenkowsky is the Chief Commercialization Officer [1][2][3]. - The company is actively engaging with the U.S. administration regarding policy-related uncertainties affecting the pharmaceutical industry [4][5]. Group 2: Industry Context - The pharmaceutical sector is currently facing external operating environment challenges, including policy-related uncertainties that have been a topic of discussion among various companies at the conference [4]. - Conversations with the administration are reportedly moving in a positive direction, although the outcomes remain uncertain [4].

Key Takeaways LATAM Airlines' May 2025 traffic grew 9.6% year over year, outpacing 7.2% capacity expansion. LTM's Brazil domestic capacity rose 13%, aided by a new route from Sao Paulo to Fernando de Noronha. As traffic exceeded capacity, LTM's consolidated load factor increased 1.8 points to 83.1%.LATAM Airlines Group (LTM) reported a year-over-year increase in revenue passenger-kilometers (RPK: a measure of air traffic) for May 2025.LATAM Airlines reported a 7.2% year-over-year increase in consolidated ...

Key Takeaways COIN's subscription and services revenues rose to 36% of net revenues in Q1 2025, up from 32% a year ago. Stablecoin income, Coinbase One, and custody services are key drivers of this expanding revenue stream. COIN expects $600M to $680M in Q2 2025 subscription and services revenues despite blockchain reward declines.Coinbase Global Inc. (COIN) is steadily expanding its subscriptions and services revenues to diversify income and enhance business resilience. Transaction revenues continue to b ...

Key Takeaways Lazard's AUM rose 1.7% sequentially in May to $235.3B, driven by market and FX appreciation. A $7.4B market gain and $0.2B FX boost were offset by $3.7B in net outflows and a $4.3B client withdrawal. Equity assets rose 2.4% to $180.5B, while fixed income fell 1.3% and other assets climbed 3%.Lazard, Inc. (LAZ) reported a preliminary asset under management (AUM) balance of $235.3 billion as of May 31, 2025, reflecting an increase of 1.7% from the April 30, 2025, level.The AUM was favorably af ...

Aerospace manufacturer Lockheed Martin Corp (NYSE:LMT) stock is gapping lower today, after a U.S. Defense Department procurement request sent to Congress asked for 24 of the company's F-35 jets for the U.S. Air Force, compared last year's forecast of 48. The halved order has traders eyeing defense sector peers Northrop Grumman Corp (NYSE:NOC) and RTX Corp (NYSE:RTX) as well. LMT was last down 5.4% to trade at $451.30, pacing for a third-straight daily drop as it dives below recent support from the 20-day mo ...

The group is for both novice and experienced biotech investors. It provides catalysts to look out for and buy and sell ratings. It also provides product sales and forecasts for all the Big Pharmas, forecasting, integrated financial statements, discounted cash flow analysis and market by market analysis. Learn moreEdmund Ingham is a biotech consultant. He has been covering biotech, healthcare, and pharma for over 5 years, and has put together detailed reports of over 1,000 companies. He leads the investing g ...

Key Takeaways AAPL launched Liquid Glass UI, Apple Intelligence and service upgrades at WWDC25. Weak China sales, tariff impact, and lackluster AI features continue to drag on iPhone momentum. Services revenue rose 11.6% Y/Y, now with over 1 billion paid subs.Apple (AAPL) , at this year’s annual Worldwide Developers Conference (WWDC), introduced a plethora of updates in its major platforms — iOS 26, iPadOS 26, macOS Tahoe 26, tvOS 26, visionOS 26 and watchOS 26 — along with a new software design crafted w ...

Key Takeaways AppLovin stock has jumped 41% in 3 months, outpacing industry and major digital ad players. Axon 2 has boosted ad spend to a $10B run rate and fueled rapid MAX publisher base growth. Q1 2025 results show 40% revenue growth and 144% net income rise, with strong analyst projections for 2025.AppLovin Corporation (APP) has delivered a stunning 50% surge over the past three months, significantly outperforming the industry’s 21% rally. In contrast, heavyweights in the in-game mobile advertising sp ...

Recognized by USA Today and Statista for carbon footprint reductionMILWAUKEE, June 11, 2025 /PRNewswire/ -- A. O. Smith Corporation (NYSE: AOS), a leader in water heating and water treatment, has made the USA Today America's Climate Leaders list for the second time. In partnership with market research firm Statista, the listing highlights the top 500 U.S. companies that are actively working to reduce carbon intensity. From 2021 to 2023, A. O. Smith reduced it's Scope 1 and Scope 2 GHG emissions intensity by ...