London-listed software developer, Fadel Partners, expects $14.6 million revenue in 2023, with a decline in service revenue and an increase in recurring revenue. The company is successfully onboarding enterprise customers and relies heavily on recurring revenue.
ArcelorMittal is set to release its Q2 earnings with expected declines in sales and net profit. Analysts predict a short-term rebound in steel prices is unlikely due to slowing automotive demand and high Chinese imports. European weakness may be offset by growth in North America and Brazil.
Biogen is preparing to release a groundbreaking therapy for Alzheimer's disease and is implementing staff reductions. The cost-saving initiative is estimated to save the company $1 billion annually.
Novo Nordisk's obesity treatment, semaglutide (Wegovy), reduces cardiovascular events by 20% in a trial. The drug shows potential for effective weight loss and risk reduction.
Upstart Holdings stock tumbled after disappointing Q3 guidance, falling short of market expectations. Challenges include cautious banking lending and skeptical investors.
Barnes & Noble Education has created a committee to explore strategic alternatives. The committee will evaluate options to align with objectives and drive growth in education.
The largest U.S. technology companies had a mixed earnings season, with excitement over AI advancements but concerns about consumer spending. Amazon, Meta, and Alphabet emerged as the strongest performers.
The U.K. stock market experienced a decline after a surprisingly strong finish to the second quarter, leading to speculations about monetary policy and affecting the pound's value.
Tax preparation company H&R Block has recovered from previous challenges and is poised for further growth. Learn about its strategies, innovations, and upcoming earnings report. Categories: Finance, Tax Services, Banking. Tags: H&R Block, tax preparation, banking services, mobile banking, small businesses. Keywords: H&R Block, prospects, opportunities, growth, strategies, innovations.
Algonquin Power & Utilities appoints Christopher Huskilson as interim CEO and plans to sell renewable-energy group for transition to regulated utility company.