Cuervo parent company Becle reports 9.4% increase in Q1 net profit

Mexican distiller Becle, better known as the parent company of the popular Jose Cuervo tequila brand, posted a 9.4% increase in first-quarter net profit on Thursday, the company said in a statement.

newspaper

29-04-2022

Gilead earnings beat Street estimates, writedown taken on cancer drug

Gilead Sciences Inc on Thursday said its first-quarter revenue rose 3%, helped by sales of HIV drug Biktarvy and COVID antiviral Veklury, but the company reported a net loss as it wrote down the value of its 2020 acquisition of Immunomedics following recent trial results for cancer drug Trodelvy.

newspaper

28-04-2022

Gilead first quarter sales, earnings beat Street estimates

Gilead Sciences Inc on Thursday said its first-quarter revenue rose 3%, helped by increased sales of HIV drug Biktarvy and COVID-19 antiviral drug Veklury.

newspaper

28-04-2022

Wall Street ends sharply higher, lifted by Meta and Apple

Wall Street ended sharply higher on Thursday after a strong quarterly report from Meta Platforms lifted beaten down technology and growth stocks and offset worries about the U.S. economy's contraction in the first quarter.

newspaper

28-04-2022

U.S. Capitol riot panel plans at least eight public hearings in June

The U.S. Congress's official probe into the Jan. 6, 2021, assault on the Capitol by Donald Trump's supporters plans to hold at least eight public hearings in June, some during "prime time" television evening hours, its chairperson said on Thursday.

newspaper

28-04-2022

Russian tycoon Tinkov sells stake in TCS Group to billionaire Potanin

Russian businessman Oleg Tinkov, who last week criticized Russia's war in Ukraine, has sold his 35% stake in the company he founded to a firm controlled by Russian billionaire Vladimir Potanin, the companies said on Thursday.

newspaper

28-04-2022

Analysis-U.S. bond investors worry deep slide will end 40-year bull market

The 40-year bull market in U.S. bonds is dead. Long live the bond bull market.

newspaper

28-04-2022

Wall Street surges as Meta Platforms lifts techs, growth stocks

Wall Street rallied on Thursday as a strong quarterly report from Meta Platforms lifted beaten down technology and growth stocks and offset worries about the U.S. economy's contraction in the first quarter.

newspaper

28-04-2022