Boeing forecasts bigger-than-expected quarterly loss on defense troubles, strike hit
(Reuters) -Boeing expects to report a larger-than-expected loss when it unveils fourth-quarter results next week, the financially strapped U.S. planemaker said on Thursday, due to charges at its defense unit and losses from a crippling strike. The company forecast a quarterly
Semler Scientific stock tumbles following convertible notes offering
Investing.com — Shares of Semler Scientific, Inc. (NASDAQ:SMLR) tumbled 15% after the company announced its plans to offer $75.0 million of convertible senior notes in a private offering and revealed select preliminary unaudited fourth quarter 2024 financial results, alongside a
Cholula maker McCormick forecasts tepid annual sales, profit
(Reuters) – Cholula hot sauce maker McCormick (NYSE:MKC) forecast annual sales and profit below analysts’ estimates on Thursday, hurt by flat demand for its spices and condiments, especially in China, as well as higher marketing expenses. Packaged food companies including McCormick,
Intuitive Surgical posts Q4 beat, shares down on lowering profit margin guide
Investing.com — Medical device maker Intuitive Surgical Inc (NASDAQ:ISRG) reported fourth-quarter earnings and revenue that beat Wall Street expectations, driven by strong demand for its surgical robots. However, shares fell more than 2.5% in aftermarket trading after the company
HSBC’s payments app closure puts around 400 jobs at risk, source says
By Sinead Cruise LONDON (Reuters) -HSBC’s decision to shutter international payments app Zing is likely to trigger around 400 job losses, a source familiar with the matter said, as CEO Georges Elhedery steps up cost-cutting efforts at Europe’s largest bank. The staff