12:14 PM EST, 02/12/2025 (MT Newswires) -- Look for Coca-Cola (KO) to extend its recent winning streak during 2025, analysts at Morgan Stanley said in a research note that followed the soft-drink and beverages company this week rolling past Wall Street expectations with its Q4 results. The company Tuesday reported non-GAAP net income of $0.55 per share for its Q4...

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,...

12:14 PM EST, 02/12/2025 (MT Newswires) -- Novo Nordisk's ( NVO ) semaglutide, sold under the brand name Ozempic, helped mitigate alcohol cravings in adults with alcohol use disorder in a clinical trial, researchers said in findings published Wednesday in the medical journal JAMA Psychiatry. The researchers said results of the randomized trial offer preliminary prospective evidence supporting efficacy of...

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...