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Pepsi, Chipotle, P&G cut earnings forecasts

Pepsi, Chipotle, P&G cut earnings forecasts

A Chipotle store stands in the Bronx on April 23, 2025 in New York City.Spencer Platt | Getty ImagesFrom Procter & Gamble to Chipotle, consumer companies are slashing their forecasts, projecting that tariffs will weigh on their profits and put more pressure on an...
March home sales drop to slowest pace since 2009

March home sales drop to slowest pace since 2009

A “For Sale” sign stands at a house in Miami, Florida, U.S. April 16, 2025. Marco Bello | ReutersHigher mortgage rates and concern over the broader economy are making for a weak start to the all-important spring housing market.Sales of previously owned...
Merck (MRK) earnings report Q1 2025

Merck (MRK) earnings report Q1 2025

Nurphoto | Nurphoto | Getty ImagesMerck on Thursday lowered its full-year profit guidance, citing $200 million in estimated costs for tariffs and a charge tied to a recent deal.The company now expects its 2025 adjusted earnings to come in between $8.82 and $8.97, down...
Bristol Myers Squibb (BMY) earnings Q1 2025

Bristol Myers Squibb (BMY) earnings Q1 2025

FILE PHOTO: The Bristol Myers Squibb research and development center at Cambridge Crossing in Cambridge, Massachusetts, on Dec. 27, 2023.Adam Glanzman | Bloomberg | Getty ImagesBristol Myers Squibb on Thursday beat first-quarter estimates and hiked its revenue and...