Gilead swings to a big loss on acquisition expense, stock falls after earnings and revenue miss

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Gilead swings to a big loss on acquisition expense, stock falls after earnings and revenue miss

The drugmaker expects to produce more than 2 million courses of COVID-19 treatment remdesivir by the end of the year. Gilead’s company signs sits in front of one of their buildings in Foster City, California. Bloomberg News. Email icon; Facebook icon …
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Coca-Cola Will Make A Topo Chico Hard Seltzer

Coca-Cola will enter the hard seltzer market with Topo Chico in 2021 as the low-calorie, low-sugar alcohol category’s volume grew by 200% in 2019 and is dominated by just two brands. 34th Annual Nightclub & Bar Convention And Trade Show – Day 3.
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MGM Resorts Revenue Falls 91%

MGM Resorts International MGM 2.40% posted a 91% decline in quarterly revenue, the latest casino operator to reveal the continuing financial blow of pandemic shutdowns and curtailed global travel on the gambling industry. On Thursday, the Las …
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Sen. Warren Wants Answers From Wells Fargo, Again

Two U.S. senators are asking Wells Fargo CEO Charles Scharf to respond to questions about the bank’s “pausing” of mortgage payments without borrowers’ consent as part of a program tied to fallout from the coronavirus. Sens Elizabeth Warren (D-Mass.) …
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ConocoPhillips to reverse most output cuts by end of third quarter

(Reuters) – ConocoPhillips said on Thursday it expects production curtailments in the current quarter to be roughly half as much as last quarter and will restore most of its output by the end of September, after the oil and gas producer slashed about a third of its …
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