Penske Automotive Group, Inc. ( PAG ) shares are trading lower after the company reported worse-than-expected third-quarter financial results. The company reported earnings per share of $3.39, missing the street view of $3.42. Quarterly sales of $7.59 billion (+2%) missed the analyst consensus of $7.67 billion. The company reported quarterly retail automotive service and parts revenue of $778.0 million, marking...

WASHINGTON (Reuters) - Boeing overcharged the U.S. Air Force for spare parts for C-17 transport planes, including marking up the price on soap dispensers by 7,943%, according to a report by a Pentagon watchdog. The Department of Defense Office of Inspector General said on Tuesday the Air Force overpaid nearly $1 million for a dozen spare parts, including $149,072 for...

WASHINGTON, Oct 29 (Reuters) - Boeing ( BA ) overcharged the U.S. Air Force for spare parts for C-17 transport planes, including marking up the price on soap dispensers by 7,943%, according to a report by a Pentagon watchdog. The Department of Defense Office of Inspector General said on Tuesday the Air Force overpaid nearly $1 million for a dozen...

01:21 PM EDT, 10/29/2024 (MT Newswires) -- Eli Lilly ( LLY ) reported Tuesday positive results from its phase 3b study of Kisunla in patients with early symptomatic Alzheimer's disease. The study showed a reduction in imaging abnormalities with edema/effusion at the 24-week primary endpoint for people receiving a slightly modified titration of donanemab in adults with early symptomatic Alzheimer's...