Square Pharma Reports 6.43% Year-on-Year Profit Growth Despite High Import Costs
Square Pharmaceuticals has reported a 6.43% year-on-year growth in profit, reaching Tk 10.23 billion in the first half of the fiscal year 2024 despite facing high import costs. The company’s revenue also increased by 15% during the period, but higher…
China’s Internet Sector Shows Steady Growth in Business Revenue and Profits in 2023
China’s internet sector has shown steady growth in business revenue and profits in 2023, according to data from the Ministry of Industry and Information Technology. Major internet companies and related services companies experienced a 6.8 percent year-on-year increase in combined…
PTC Announces Leadership Change and Strong Q1 Results
PTC (NASDAQ:PTC) recently announced a significant leadership change during its earnings call, with Neil Barua set to take over as CEO on February 14, 2024, succeeding Jim Heppelmann. The company reported strong Q1 results, showcasing a 23% constant currency Annual…
Meta CEO Mark Zuckerberg Faces Congressional Criticism and Investor Praise
Meta CEO Mark Zuckerberg has had a tumultuous week, facing criticism from Congress over harmful content on his platforms while also being lauded by investors for the company’s financial performance. In a Threads post on Thursday, Zuckerberg reflected on the…
UPS to Cut 12,000 Jobs Following Disappointing Year
Parcel delivery giant UPS has announced plans to cut 12,000 jobs following a ‘difficult and disappointing’ year in 2023. The company cited a softer economy and labor disputes as contributing factors to the decision. UPS Chief Executive Carol Tomé revealed…
ECD Automotive Design Revs Up with New Opportunity in Automotive Manufacturing Industry
ECD Automotive Design, Inc. (ECDA) is revving up its engines with a new opportunity in the automotive manufacturing industry. The company, a micro-cap pick, is focusing on the importation, restoration, and modification of vintage automobiles in a new 100,000 square…
IBM Shares Surge 8% After-Hours on Strong Q4 Results
IBM shares surged by 8% in after-hours trading following the announcement of its fourth-quarter results, which surpassed Wall Street’s expectations. The tech and services provider reported earnings per share of $3.87, adjusted, compared to the expected $3.78, and revenue of…
Texas Instruments Misses Q4 Analysts’ Revenue Estimates
Breaking News Published: Jan 23, 2024 04:05PM ET | Updated: Jan 23, 2024 04:31PM ET Texas Instruments (NASDAQ:TXN) Misses Q4 Analysts’ Revenue Estimates Analog chip manufacturer Texas Instruments (NASDAQ:TXN) fell short of analysts’ expectations in Q4 FY2023, with revenue down…