(Reuters) - Moderna ( MRNA ) on Thursday cut its 2024 sales forecast for COVID-19 and respiratory syncytial virus vaccines by up to 25%, or $1 billion, as it expects very low sales to the EU, sending the shares of vaccine maker down nearly 11% before the bell. The Cambridge, Massachusetts-based company had previously said it expected roughly $4 billion...

CHICAGO, July 31 (Reuters) - Demand for high-end travel is booming, and U.S. carriers are in a rush to seize on it. Airlines are adding more comfortable and bigger seats on their planes to attract customers willing to pay more for a better travel experience. Some airlines known for low-fare models like Southwest ( LUV ), Spirit and Frontier are...

Aug 1 (Reuters) - Electric utility Entergy ( ETR ) beat second-quarter profit estimates on Thursday, driven by resilient demand for power during the peak summer months. Extreme heat during the quarter prompted consumers to increase their usage of air conditioners and refrigerators, boosting profits for companies such as Entergy ( ETR ). The company provides electricity services to nearly...

Aug 1 (Reuters) - Cenovus Energy ( CVE ) posted a rise in second-quarter profit on Thursday, as the Canadian oil and gas company benefited from higher throughput volumes and an increase in production. The Calgary, Alberta-based company's net income rose to C$1 billion ($723.01 million), or 53 Canadian cents per share, in the April-June quarter, from C$866 million, or...