The pioneering Danish drugmaker was once the most valuable company in Europe, but analysts say a number of missteps reversed its fortunes.
Category: Company Reports
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New York Times Revenue Jumps 9.7% From Subscriptions and Ads
The company added 230,000 digital-only subscribers in the second quarter. It now has 11.88 million total subscribers.
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McDonald’s Sales Return to Growth, Pushed by Promotions
Return of the McCrispy chicken strips and a Minecraft movie tie-in brought diners back to the fast-food giant, which had seen sales stall in recent quarters.
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Exxon Chief Says Demand for Oil Remains ‘Very, Very Strong.’
The largest U.S. energy companies reported their lowest second-quarter profits in years, as tariffs have weighed on oil prices.
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Apple Surprises Investors Worried That It Had Lost Its Touch
Despite recent criticism about its product outlook, the company reported strong sales of iPhones, Macs, iPads and services.
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Amazon Reports $18.2 Billion in Profit Amid Strong Retail Demand
Consumers spent more than expected on the e-commerce giant’s site, while margins tightened at the company’s all-important cloud computing division.
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Ford Is Latest Carmaker to Blame Tariffs for Profit Slump
The company estimated that duties on imported cars and car parts would cost it $2 billion this year.
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Mercedes and Porsche Squeezed by U.S. Tariffs and Slowdown in China
Germany’s leading luxury automakers are sharply scaling back expectations for the rest of the year.
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Starbucks Earnings Show Same-Store Sales Slid Amid Turnaround Effort
The C.E.O., Brian Niccol, said the coffee chain’s turnaround is in progress, and sales in China increased for first time in more than a year.
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Boeing Reports Strongest Revenue in Six Years
Although the aerospace company lost money in the second quarter, it built and sold more planes as it recovered from quality crises and a workers strike.
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UnitedHealth’s Profits Fall as Costs of Care Continue to Rise
In the latest quarter, higher costs were felt across the company’s vast health insurance operations.
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Tesla Expected to Report Falling Profit as Car Sales Fall
Elon Musk has said that robotaxis are the company’s future, but most revenue still comes from cars.