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Thomson Reuters maintains 2025 financial forecasts amid economic turmoil

Thomson Reuters maintains 2025 financial forecasts amid economic turmoil

By Kenneth Li NEW YORK (Reuters) -Thomson Reuters on Thursday confirmed 2025 financial guidance amid tariff-induced global economic turmoil that has led some companies to revise or scrap forecasts altogether. The Toronto-based content and technology company reported quarterly revenue rising 1% to $1.9 billion, slightly below analyst expectations of $1.93 billion, according to LSEG data. Organic re ...

2025-05-02 00:58:52
Eli Lilly’s strong quarter undercut by CVS move to drop Zepbound coverage

Eli Lilly’s strong quarter undercut by CVS move to drop Zepbound coverage

By Bhanvi Satija and Patrick Wingrove (Reuters) -Eli Lilly on Thursday posted better-than-expected quarterly results, but CVS Health (NYSE:CVS)’s decision to drop the company’s obesity drug Zepbound from the list of medicines it covers for reimbursement dragged shares down nearly 7%. CVS said its pharmacy benefit management unit, which is the largest in the U.S., would drop Zepbound coverage f ...

2025-05-02 00:57:40
Dominion beats quarterly estimates on Virginia, South Carolina power demand

Dominion beats quarterly estimates on Virginia, South Carolina power demand

By Pooja Menon (Reuters) -U.S. utility Dominion Energy (NYSE:D) reported first-quarter revenue and profit above Wall Street expectations on Thursday, helped by lower interest costs and strong demand from Virginia and South Carolina. Power demand in the U.S. is expected to hit record highs in 2025 and 2026 due to rising demand from AI data centers, cryptocurrency technologies as well as homes and b ...

2025-05-02 00:56:11
SiriusXM sheds fewer quarterly subscribers on steady demand for exclusive content

SiriusXM sheds fewer quarterly subscribers on steady demand for exclusive content

(Reuters) -SiriusXM on Thursday reported a smaller-than-expected quarterly decline in subscribers who directly pay for its satellite radio service, driven by demand for exclusive content, including shows from "Call Her Daddy" podcast host Alex Cooper. The satellite radio operator launched two new channels with Cooper in February on the SiriusXM app, "Unwell Music" and "Unwell On Air", delivering e ...

2025-05-02 00:54:56