In a statement Aston Martin said, in 2021 sales to dealers have surged by 82%; despite this the British luxury automaker has forecast lower-than-expected annual adjusted core earnings due to fewer-than-planned shipments of its Valkyrie sports cars during the fourth quarter…. Read More ›
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Siemens Healthineers raises sales & profit outlook, sees heightened demand for its rapid antigen tests
On Monday, Siemens Healthineers raised its full-year sales and profit forecast on the back of heightened demand for rapid antigen tests coming from the Wuhan Coronavirus-induced COVID-19 pandemic. The German health technology company expects its sales to grow by 14%… Read More ›
WeWork plans stock market listing through SPAC, discloses losses at $3.2 billion for 2020
According to sources familiar with the matter at hand, office sharing startup WeWork lost $3.2 billion in 2020; this was disclosed during a presentation shown to prospective investors as part of a pitch for $1 billion in investment and a… Read More ›
Pfizer Inc to acquire Array Biopharma Inc for $10.64 billion
The deal will not only add to Pfizer’s EPS, but will also provide to stronger traction in the cancer drugs market. U.S. pharmaceutical giant Pfizer Inc stated it would acquire Array Biopharma Inc for $10.64 billion in cash. The potential… Read More ›
Vodafone to slash operating costs by 1.2 billion: CEO Nick Read
Vodafone’s first quarter results were broadly in line with market sentiments. On Tuesday, Nick Read, Vodafone’s new chief executive stated, he aims to slash the company’s operating costs by 1.2 billion euros by 2021; he also plans on reviewing Vodafone’s… Read More ›