News

Intel's turnaround deemed a 'herculean task' - so analysts say to avoid the stock
Righting the ship at Intel (INTC) seems like a "herculean task," according to Bernstein analyst Stacy Rasgon. He quipped, "Hercules cleaned out the Augean stables in a day, but even he would take ...
Canada Factory Sales Estimated Down 1.9% March
OTTAWA--Canadian factory trade struggled in March, with an early estimate pointing to sharp retreat in sales. Advance results suggest manufacturing sales declined 1.9% from the month before, ...
Think groceries are already too expensive? Wait until RFK Jr.'s food-dye ban hits, experts say.
FDA officials and Health and Human Services Secretary Robert F. Kennedy Jr. have emphasized that the phased-out banning of synthetic dyes - which include Green No. 3, Red No. 40, Yellow No. 5, Yellow ...
Samuel Adams's parent company points to gains in light beer as tastes shift from craft brews
"The macroeconomic winds are, obviously, consumer confidence - the fear of inflation. There is also some pullback from the Hispanic consumers that they're not going out as much," said Boston Beer ...
AbbVie 1Q Revenue Up on Soaring Skyrizi, Rinvoq Sales; Outlook Raised
For 2025, AbbVie forecast adjusted earnings per share at between $12.09 to $12.29, compared with earlier guidance in the range of $11.99 to $12.19. It noted that the current guidance is based on the ...
Canada Retail Sales Recover After 0.4% Drop in February
OTTAWA--Retail sales in Canada fell for a second straight month in February, led by weakness at motor vehicle and parts dealers. Sales declined 0.4% from the previous month to a seasonally adjusted 69 ...