financetom
Business
financetom
/
Business
/
AbbVie cuts 2024 profit forecast on R&D expenses
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
AbbVie cuts 2024 profit forecast on R&D expenses
Oct 3, 2024 1:40 PM

Oct 3 (Reuters) - AbbVie ( ABBV ) on Thursday lowered

its forecast for 2024 adjusted profit, citing $82 million in

milestones, and research and development expenses related to

acquisitions.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Chevron announces 15% to 20% layoff of global workforce, source says
Chevron announces 15% to 20% layoff of global workforce, source says
Feb 12, 2025
HOUSTON, Feb 12 - Chevron ( CVX ) will lay off 15% to 20% of its global workforce, the U.S. oil company said on Wednesday during an internal employee townhall meeting, according to a source familiar with the matter. ...
Brazil calls for dialogue with US on trade, suggests steel quotas
Brazil calls for dialogue with US on trade, suggests steel quotas
Feb 12, 2025
BRASILIA (Reuters) - Brazil's Vice President Geraldo Alckmin on Wednesday called for caution and said the South American country would seek dialogue with the United States after President Donald Trump's decision to impose a 25% tariff on steel and aluminum imports. Speaking to reporters in Brasilia, Alckmin said that Brazil was open to dialogue and would reach out to the...
Exelon boosts capex plan by $3.5 billion, mostly to bolster power lines
Exelon boosts capex plan by $3.5 billion, mostly to bolster power lines
Feb 12, 2025
Feb 12 (Reuters) - Major U.S. electric utility Exelon ( EXC ) increased its four-year capital investment plan by 10% to $38 billion, with the bulk of the spending aimed at bolstering and building new transmission lines, executives said on an earnings call on Wednesday. Many U.S. power companies have revised up capex plans over the past year as the...
Chevron to lay off 15% to 20% of global workforce, source says
Chevron to lay off 15% to 20% of global workforce, source says
Feb 12, 2025
HOUSTON (Reuters) -Chevron ( CVX ) will lay off 15% to 20% of its global workforce, the U.S. oil company said on Wednesday during an internal employee town hall meeting, according to a source familiar with the matter.  The planned layoffs come as the company has said it is targeting $3 billion in cost cuts through 2026 from leveraging technology,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved