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CVS replaces CEO Karen Lynch with exec David Joyner as profits, share price suffer
Longtime CVS Health executive David Joyner has succeeded Karen Lynch as CEO, as the company struggles to drive higher profits and stock performance,...
Procter & Gamble earnings beat estimates, but weak demand in China hurts sales
Procter & Gamble on Friday reported weaker-than-expected revenue as lower demand in China again weighed on its sales.The company's organic sales in Greater...
Netflix third-quarter subscribers barely beat estimates as ad-tier members jump 35%
Nurphoto | Nurphoto | Getty ImagesLOS ANGELES — Netflix posted third-quarter earnings Thursday that beat on the top and bottom lines as its...
TSMC third-quarter profit beats expectations as AI boom drives 54% hike
An image of a semiconductor wafer at the Taiwan Semiconductor Manufacturing Museum of Innovation in Hsinchu, Taiwan, on Jan. 11, 2022.I-Hwa Cheng |...
United shares head for pre-pandemic high after airline forecasts strong finish to 2024, plans buyback
A United Airlines Boeing 737-MAX 8 aircraft departs at San Diego International Airport en route to New York on Aug. 24, 2024.Kevin Carter...
Walgreens says it will close 1,200 stores by 2027, as earnings top estimates
A sign sits in front of a Walgreens store on November 10, 2023 in Wheeling, Illinois. Scott Olson | Getty ImagesWalgreens on Tuesday reported...
Bank of America tops estimates on better-than-expected trading revenue
Brian Moynihan, CEO of Bank of AmericaHeidi Gutman | CNBCBank of America topped analyst estimates for third-quarter profit and revenue on better-than-expected trading...
Goldman Sachs to report third-quarter earnings
David Solomon, Chairman & CEO Goldman Sachs, speaking on CNBC's Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on...
JPMorgan Chase shares pop 5% after topping estimates on better-than-expected interest income
JPMorgan Chase posted third-quarter results that topped estimates for profit and revenue as the company generated more interest income than expected.Here's what the...
The Fed is finally cutting rates, but banks aren’t in the clear just yet
Federal Reserve Board Chairman Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest rate...
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