By Manas Mishra (Reuters) -CVS Health raised its full-year profit forecast on Thursday following strong performance across its businesses, signaling that the healthcare conglomerate was on a path to recovery after a series of challenges last year. Shares of the company jumped 8.5% to $72.35 in premarket trading after CVS raised its 2025 adjusted profit forecast to $6 to $6.20 per share from $ ...
(Reuters) -Church & Dwight joined its peers with a dour forecast due to the impact of tariffs, and announced strategic actions, including shutting or selling less profitable businesses, sending its shares down 5% in premarket trading. The company expects a Q2 charge of $60–80 million, mainly from non-cash asset impairments and inventory charges tied to sell-through. WHY IT’S IMPORTANT? Ch ...
Investing.com – Israel stocks were higher after the close on Sunday, as gains in the Insurance, Technology and Oil & Gas sectors led shares higher.At the close in Tel Aviv, the TA 35 added 0.18% to hit a new 1-month high.The best performers of the session on the TA 35 were Teva Pharmaceutical Industries Ltd (TASE:TEVA), which rose 3.29% or 172.00 points to trade at 5,399.00 at the close. Mea ...
Investing.com-- Lynas Rare Earths Ltd (ASX:LYC) posted a nearly 22% rise in its third quarter revenue on Monday, as the Australian rare earths miner benefited from increased selling prices amid supply ructions in China. Lynas (F:LYI) posted gross revenue of A$123.0 million ($78.6 million) for the three months to March 31, up from A$101.2 million last year. The company said it is p ...