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GE HealthCare cuts annual profit forecast as inflation weighs on costs

GE HealthCare cuts annual profit forecast as inflation weighs on costs

April 29 (Reuters) - Medical equipment maker GE HealthCare on Wednesday cut its full-year profit forecast on the back of inflation-driven cost pressures, sending its shares down more than 9% in premarket trading.
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Midday Stock Movements: Oracle, Spotify, and Coca-Cola Among Key Players

Midday Stock Movements: Oracle, Spotify, and Coca-Cola Among Key Players

Midday Stock Movements: Oracle, Spotify, and Coca-Cola Among Key Players
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West Pharmaceutical Services to Present at Major Investor Conferences

West Pharmaceutical Services to Present at Major Investor Conferences

West Pharmaceutical Services to Present at Major Investor Conferences
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Echosens Appoints Romain Baujard as CEO to Drive Liver Health in Cardiometabolic Care

Echosens Appoints Romain Baujard as CEO to Drive Liver Health in Cardiometabolic Care

Echosens Appoints Romain Baujard as CEO to Drive Liver Health in Cardiometabolic Care
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DA Davidson Projects Price Increase for Simpson Manufacturing Stock

DA Davidson Projects Price Increase for Simpson Manufacturing Stock

DA Davidson Projects Price Increase for Simpson Manufacturing Stock
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Spotify Faces Stock Decline as Subscriber Growth Falls Short of Expectations

Spotify Faces Stock Decline as Subscriber Growth Falls Short of Expectations

Spotify Faces Stock Decline as Subscriber Growth Falls Short of Expectations
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Bridgestone Announces Executive Leadership Changes Impacting North America Operations

Bridgestone Announces Executive Leadership Changes Impacting North America Operations

Bridgestone Announces Executive Leadership Changes Impacting North America Operations
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Simpson Manufacturing Exceeds Earnings Expectations with Strong Q1 Performance

Simpson Manufacturing Exceeds Earnings Expectations with Strong Q1 Performance

Simpson Manufacturing Exceeds Earnings Expectations with Strong Q1 Performance
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Barry Diller's IAC Rebrands as People Incorporated Amid Restructuring

Barry Diller's IAC Rebrands as People Incorporated Amid Restructuring

Barry Diller's IAC Rebrands as People Incorporated Amid Restructuring
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F5 Networks Reports Strong Earnings Amid Growing Demand for Cloud and AI Solutions

F5 Networks Reports Strong Earnings Amid Growing Demand for Cloud and AI Solutions

F5 Networks Reports Strong Earnings Amid Growing Demand for Cloud and AI Solutions
Reuters Reuters
Spotify forecasts second-quarter profit below estimates, shares fall

Spotify forecasts second-quarter profit below estimates, shares fall

April 28 (Reuters) - Spotify forecast second-quarter earnings and premium subscribers below Wall Street estimates on Tuesday, a sign of slowing growth for the Swedish streaming giant in its major markets of Europe and North America. Shares of the company fell around 6% in premarket trading.
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PACS Group, Inc. Appoints Carey P. Hendrickson as Chief Financial Officer to Enhance Financial Leadership

PACS Group, Inc. Appoints Carey P. Hendrickson as Chief Financial Officer to Enhance Financial Leadership

PACS Group, Inc. Appoints Carey P. Hendrickson as Chief Financial Officer to Enhance Financial Leadership