Pfizer tops estimates, raises profit guidance even as sales fall
CNBC· 2025-11-04 11:56
Pfizer on Thursday reported third-quarter earnings and revenue that topped estimates and hiked its full-year profit guidance, as cost cuts helped to outweigh declining sales for the period fell.Here's what the company reported for the third quarter compared with what Wall Street was expecting, based on a survey of analysts by LSEG:Earnings per share: 87 cents adjusted vs. 63 cents expectedRevenue: $16.65 billion vs. $16.58 billion expectedThe results come weeks after Pfizer became the first drugmaker to str ...
Billionaire says US markets feel ‘exactly like 1999’ — says assets are poised for potential crash. How to capitalize now
Yahoo Finance· 2025-11-04 11:55
His forecast? “We're in a period that's conducive for massive price appreciation in a variety of assets.”He noted that in 1999, the Federal Reserve was raising rates and the federal government was running a budget surplus. Today, investors are staring at potential rate cuts (one has already happened since Jones spoke) and a 6% deficit — a combination he called the “most unique and aggressive fiscal and monetary conditions” since the post-war era.The reason behind Jones’ confidence in a potentially bigger ru ...
MPLX and MARA Announce Collaboration on Integrated Power Generation and Data Center Campuses in West Texas
Prnewswire· 2025-11-04 11:55
Under the terms of the LOI, MARA will own and operate the power generating facilities and data centers, while MPLX will supply natural gas and receive electricity under a tolling agreement. The proposed transaction remains subject to the negotiation and execution of definitive and commercial agreements, receipt of any required regulatory and third-party approvals, completion of satisfactory due diligence by both parties and other conditions precedent. About MPLX LPMPLX is a diversified, large-cap master lim ...
Hagerty Reports Third Quarter 2025 Results; Increases 2025 Outlook
Prnewswire· 2025-11-04 11:55
Accessibility StatementSkip Navigation TRAVERSE CITY, Mich., Nov. 4, 2025 /PRNewswire/ -- Hagerty, Inc. (NYSE: HGTY), an automotive enthusiast brand and leading specialty vehicle insurance provider, announced today financial results for the three and nine months ended September 30, 2025. "We delivered high rates of growth through the third quarter of 2025 with year-to-date revenue gains of 18%. Margins continued to expand as we scale up our business while maintaining tight cost discipline, resulting in yea ...
Thomson Reuters third-quarter revenue rises, reaffirms 2025 guidance
Reuters· 2025-11-04 11:55
Thomson Reuters reported higher third-quarter revenue on Tuesday, boosted by investments in artificial intelligence products in its legal and tax and accounting divisions. ...
McDonald’s India franchisee Westlife to roll out 20-minute deliveries
Yahoo Finance· 2025-11-04 11:54
Westlife Foodworld, the master franchisee for McDonald’s in western and southern India, plans to introduce a 20-minute delivery option on its own app to lift sales, as reported by Reuters. The company aims to lift same-store sales by between 3% and 5% by 2027 through the initiative. Westlife Foodworld CEO Akshay Jatia stated on a post-earnings call that the strategy is intended to bolster its delivery business and lessen dependence on third-party platforms. McDonald’s orders are currently fulfilled thro ...
Associated British Foods mulls grocery, Primark separation
Yahoo Finance· 2025-11-04 11:54
Associated British Foods is reviewing the make-up of the UK group, a move that could see the company separate its Primark retail arm from its food operations. The Tip Top bread and Jordans granola maker said today (4 November) it had been carrying out a review of its structure "with a view to maximising long-term value". "Although no decision has been taken, the outcome of this review may lead to the board deciding to undertake a separation of the Primark and Food businesses," ABF said. "This review is b ...
India’s Pine Labs plans to raise $439m via IPO
Yahoo Finance· 2025-11-04 11:54
Digital payments provider Pine Labs has announced plans to raise as much as $439m through an initial public offering (IPO) in Mumbai. The Pine Labs’ IPO will offer shares priced between Rs210 ($2.37) and Rs221 ($2.49) each, with the company seeking a valuation of Rs253.77bn ($2.86bn) at the upper end of the price band. While anchor investors will be able to place their bids on 6 November, the subscription window for other investors is scheduled from 7 November to 11 November, as outlined by the company i ...
Deutsche Telekom partners with NVIDIA for AI cloud for Q1 2026
Reuters· 2025-11-04 11:54
Germany's Deutsche Telekom said on Tuesday it is launching an industrial AI cloud with NVIDIA in a 1 billion euro ($1.17 billion) partnership that will go live in the first quarter of 2026. ...
Market Digest: CAH, CVS, GILD, ITRI, MSI, NOC, TROW, ELV, ZION, VTR, TWLO, FOXA
Yahoo Finance· 2025-11-04 11:53
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