Allianz retains full-year outlook despite 30% slump in Q3 profit
FRANKFURT (Reuters) – Germany’s Allianz on Friday posted a 30% fall in its third-quarter net profit, dragged down by claims from natural catastrophes, although the financial services company maintained its full-year profit…
Moderna raises full-year COVID vaccine sales forecast to $21 billion
– Moderna Inc on Thursday raised its full-year forecast for sales of its COVID-19 vaccine to roughly $21 billion from $19 billion. The company in February forecast sales of $19 billion from…
Mattel forecasts full-year earnings above estimates as toy demand holds strong
By Deborah Mary Sophia and Uday Sampath Kumar – Mattel Inc forecast full-year profit above estimates on Wednesday, with the company confident robust demand for its Barbie dolls and other toys will…
Lyft’s weak rider numbers, Omicron hit outweigh first full-year profit
By Tina Bellon and Nivedita Balu -Lyft Inc’s first full-year adjusted profit and a spike in pricey airport trips were overshadowed by a drop in ridership due to Omicron, which management on…
Lonza’s full-year core EBITDA up 20.7% on vaccine demand
By Ludwig Burger -Swiss drug contract manufacturer Lonza said core earnings gained 20.7% in 2021, shored up by demand for the substances it supplies for new mRNA COVID-19 vaccines. Full-year core earnings…
China has confidence to maintain full-year foreign trade operations within reasonable range
BEIJING – China has confidence that it will maintain full-year foreign trade operations within a reasonable range, Li Xingqian, a commerce ministry official told a news conference on Tuesday. (Reporting by Stella…
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