Biogen profit rises 72% on multiple sclerosis therapy sales
Biogen Inc posted a 72% rise in quarterly profit and lifted its 2019 earnings forecast on Tuesday, boosted by higher sales of its top-selling multiple sclerosis therapy Tecfidera.
Biogen Inc posted a 72% rise in quarterly profit and lifted its 2019 earnings forecast on Tuesday, boosted by higher sales of its top-selling multiple sclerosis therapy Tecfidera.
Toymaker Hasbro Inc beat estimates for quarterly results on Tuesday, boosted by higher demand for action toys following the success of "Avengers: Endgame" and Magic: The Gathering collectible card game.
Toymaker Hasbro Inc said on Tuesday it would raise product prices if the United States imposes additional tariffs on Chinese imports.
Harley-Davidson Inc on Tuesday trimmed the forecast for shipments of its motorcycles in 2019 after worldwide sales in the second quarter slumped, hurt by higher tariff costs as well as weak demand in the United States.
United Technologies Corp reported better-than-expected quarterly earnings and raised its full-year sales and profit forecasts on Tuesday, driven by an increase in demand for aircraft parts and spares.
United Technologies Corp expects its acquisition of aero parts maker Rockwell Collins to add an extra $150 million to full-year sales in 2019 and 15 cents per share to its profit, Chief Financial Officer Akhil Johri has told Reuters.
Oil slipped to around $63 a barrel on Tuesday as concerns faded for now that rising tensions in the Middle East would escalate and hit oil supplies, compounding the impact of a weaker demand outlook.
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Here are the biggest calls on Wall Street on Tuesday
Drugmaker Biogen Inc beat analysts' estimates for quarterly profit and lifted its 2019 earnings forecast on Tuesday, driven by higher sales of its top-selling multiple sclerosis therapy Tecfidera.
Shares of Snap, parent company of Snapchat, rose on Tuesday following an upgrade from Stifel ahead of the company's earnings release after the bell.
Lockheed Martin Corp on Tuesday reported a better-than-expected quarterly profit and raised its 2019 profit forecast for the second time in three months, helped by increased demand for its stealth F-35 combat jets and missiles.
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Lockheed Martin turned in second-quarter earnings on Tuesday that were above what Wall Street anticipated.
DownToDash, an app for making activity buddies, is raising funds on WeFunder. The company is an app that can be used to meet new people and connect with them for activities like sports, movies, workouts, and others. Users of the DTD app can post a specific event that others can join. DownToDash was founded by [...]
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