Oct 30 (Reuters) - Biogen raised annual profit forecast and beat third-quarter profit expectations on Wednesday, as its cost-cutting measures helped make up for falling sales of its multiple sclerosis medicines. The drugmaker has cut jobs and pulled the plug on less promising drug candidates in a series of cost-saving measures, focusing on higher-growth products as CEO Christopher Viehbacher takes...

Oct 30 (Reuters) - Humana beat Wall Street estimates for third-quarter profit on Wednesday, buoyed by strength in its government-backed Medicare Advantage insurance business for older adults. The health insurer relies heavily on Medicare Advantage plans, through which the U.S. government pays private insurers a fixed rate to manage healthcare for people aged 65 and older or those with disabilities....

06:47 AM EDT, 10/30/2024 (MT Newswires) -- Caterpillar ( CAT ) reported Q3 adjusted earnings Wednesday of $5.17 per share, down from $5.52 a year earlier. Analysts polled by Capital IQ expected $5.35. Revenue for the quarter ended Sept.30 was $16.11 billion, down from $16.81 billion a year earlier. Analysts surveyed by Capital IQ expected $16.24 billion. Caterpillar ( CAT...

06:46 AM EDT, 10/30/2024 (MT Newswires) -- Daqo New Energy ( DQ ) reported on Wednesday a Q3 adjusted loss of $0.59 per diluted American depositary share, swinging from adjusted earnings of $0.59 a year earlier. Two analysts polled by Capital IQ expected adjusted EPS of $0.18. Revenue for the quarter ended Sept. 30 was $198.5 million, down from $484.8...