Schwab's adjusted profit per share beat analysts' estimate, but record revenue fell short of theirs. The results point in different directions and do not clearly change the company's outlook.
The profit per share came in above analysts' estimate, but revenue missed despite reaching a record. Those results point in different directions, so they do not clearly change Schwab's business outlook.
Labcorp agreed to buy selected BioReference Health assets for $722 million in cash, plus a possible $150 million extra payment. OPKO would receive cash but give up those assets, and the story does not say how the sale changes the business overall.
Penske Automotive announced a $16.3 billion deal to go private. The story does not give the offer terms or say what shareholders would receive, so it does not show how the deal changes their outlook.
FMC cut its third-quarter revenue forecast and expects $625 million to $675 million in charges. Both point to a weaker quarter.
ManpowerGroup reported third-quarter sales below analysts' expectations. That is unfavorable news for its business.
Treasure Global announced a $1.2 million private placement to board members. The story does not say how the money will be used or what current owners give up, so it does not show a clear change in the company's outlook.
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