Emon Reiser

3 weeks ago | marketscreener.com | Emon Reiser

By Emon Reiser Texas Instruments reported double-digit growth in first-quarter sales and an unexpected boost to its earnings per share as the company saw growth across markets. The Dallas-based chipmaker on Wednesday reported a profit of $1.18 billion, compared with $1.11 billion a year earlier. On a per-share basis, earnings came in at $1.28 compared with $1.20 a year ago. Analysts had forecast $1.07, according to FactSet.

3 weeks ago | tradingview.com | Emon Reiser

Walgreens to Pay More Than $300 Million in Opioid Case SettlementWBAWalgreens Boots Alliance will pay more than $300 million as part of an agreement with the Justice Department to settle charges the pharmacy chain helped fuel the opioid crisis by knowingly filling millions of prescriptions that lacked a legitimate medical purpose. The company will pay 4% in annual interest on the settlement amount over a six year period, according to a filing with the Securities and Exchange Commission on Friday.

2 months ago | tradingview.com | Emon Reiser

Eaton to Buy Data-Center Builder Fibrebond For $1.4 BillionETNEaton said it signed an agreement to acquire modular data-center builder Fibrebond in a $1.4 billion deal. The Dublin power-management company on Tuesday said the acquisition will expand its reach into the multitenant data-center market that Fibrebond serves. Minden, La.-based Fibrebond builds power enclosures for data-center, utility, fiber and industrial clients, and it generated revenue of $378 million for the 12 months ending Feb.

Feb 10, 2025 | tradingview.com | Emon Reiser

Vertex Pharmaceuticals Posts Higher 4Q RevenueVRTXVertex Pharmaceuticals posted a double-digit increase in its quarterly revenue thanks to strong sales for its cystic-fibrosis treatment. The biotechnology company on Monday reported a profit of $913 million, or $3.50 a share, for the fourth quarter, compared with $968.8 million, or $3.76 a share, in the same quarter a year earlier.

Feb 6, 2025 | wsj.com | Emon Reiser

Shares of Skyworks Solutions slid, after the Apple supplier said tougher competition for the iPhone maker's semiconductor business would cut into sales. Apple is the company's largest customer. Late Wednesday, Skyworks warned it expects its share of the business supplying Apple with radio-frequency components to fall by one-fifth to one-quarter. Skyworks stock fell more than 25% in morning trading, to $64.76.