AbbVie’s 2020 acquisition Allergan is helping diversify the company’s revenue but its latest earnings report shows it still has a long way to go before matching the sales brought in by its leading product. AbbVie Inc exceeded earnings expectations for sales...
Abbvie Inc was one of the three companies chosen for trials of Covid-19 treatment. The company submitted a drug acquired from the Allergan Inc. acquisition. Johnson & Johnson and Gilead were also chosen for the trial. The National Institutes of Health...
Anne Howard, a mother of two teenage daughters in San Francisco, said she was a loyal Lululemon customer and enjoyed shopping at a store near her home. But when she bought a gift for her husband this holiday, she chose Nike jerseys because the No. 1 pick for her...
With its streaming service approaching saturation in the United States, Netflix is bringing the playbook that up-ended Hollywood to Bollywood, where India offers its most promising opportunity. To claim a market-share lead in India, Netflix is taking the playbook it...
Yeti topped the charts in 2020, hitting record sales as it benefited from a limited economy due to Covid-19 shutdowns. Still, Yeti (NYSE: YETI) has not set out a plan to stay on top amidst a vaccinated world and growing competition. When bars, theaters and...
Lululemon on Dec.10 reported $1.1 billion in sales in its third quarter, which ended Nov.1. With sales up 22% from the same period the year before, the company again beat analysts’ estimates — no surprise, given soaring demand for comfortable clothes and the huge...
Welcome to Investment Journal, a site covering the world of business right from Times Square. The site is produced by reporters at the New York City News Service and the Craig Newmark Graduate School of Journalism at CUNY. Email your comments to greg.david@journalism.cuny.edu.
Welcome to Investment Journal, a site covering the world of business right from Times Square. The site is produced by reporters at the New York City News Service and the Craig Newmark Graduate School of Journalism at CUNY. Email your comments to greg.david@journalism.cuny.edu.