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J&J's $40 Billion Split-Off Sets Stage for Pharma, Medical Tech Expansion

The healthcare giant’s separation of its consumer-health business arms it with billions in cash for allocating capital in the remaining…

10 months ago

Apple Sees Third Straight Quarter of Falling Sales, Longest Slump Since 2016

Sales of iPhones missed analyst estimates, but revenue in the company services unit reached a record high. Source link

11 months ago

America's Fiscal Time Bomb Ticks Even Louder

Investors are drawing false comfort from the past and from the perception that fiscal scolds in the U.S. have cried…

11 months ago

The U.S. Clean-Energy Company That Hit the Subsidies Jackpot

First Solar stands out among beneficiaries of Biden’s climate legislation, but lots of green energy companies are ‘trying to get…

11 months ago

Johnson & Johnson Rips Off the Kenvue Band-Aid

A surprisingly early distribution and a stretched valuation hit J&J’s consumer health arm hard. Source link

12 months ago

Companies and the Terrible, Horrible, No Good, Very Bad Earnings Season

What the 18th-century economist Adam Smith wrote about self-interest still applies. Source link

12 months ago

UnitedHealth Lifts Earnings Outlook

Healthcare and insurance company UnitedHealth Group said its revenue grew 16% to $92.9 billion in the latest quarter. Source link

12 months ago