BASF ups 2021 profit forecast for second time on higher prices, volumes

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BASF ups 2021 profit forecast for second time on higher prices, volumes

The chemicals group said it now expects 2021 earnings before interest and tax (EBIT), adjusted for one-off items, to come in at between 7.0 billion and 7.5 billion euros ($8.3 billion to $8.9 billion), where it had previously predicted 5.0 billion to 5.8 billion euros.
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Why Coinbase Global Stock Is Up Today

Cathie Wood’s ARK Innovation fund recently added shares of this leading crypto trading service. While Coinbase has grown rapidly, management is cautious about the near term. What …
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Bell Helicopter Safety Inspections Expanded by FAA After June Crash

U.S. aviation regulators are expected to add hundreds of Bell helicopters to an emergency order requiring inspections of potentially faulty rotors that led to a June 28 fatal crash in Canada. The Federal Aviation Administration said Friday the number of copters …
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Philip Morris strikes $1.45B deal for Vectura, sending another would-be buyer back to the drawing board

A little over a week after striking an $813 million deal for oral drug delivery company Fertin Pharma, Marlboro maker Philip Morris International is doubling down on its pharma ambitions with plans to snap up inhalation-specialist-turned-CDMO Vectura.
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Foxconn is dangling a shiny new EV plant in front of Wisconsin

The Taiwanese conglomerate said Friday that it has started talks to the Wisconsin Economic Development Corporation (WEDC) about making EVs with California startup Fisker Inc. at the mostly empty site it owns in the state. This …
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