Bristol Myers Earnings Are a ‘Tale of 2 Trends’ as Guidance Falls Short. The Stock Is Falling
Drugmaker Bristol Myers Squibb has been a standout among its big pharma peers over the past six months, scoring a share-price gain of more than 20%, while most of the group has been flat or down. Financial results the company reported early Thursday seem to validate that recent performance,
Bristol Myers Squibb plans $2 billion in cost cuts by 2027, issues weak guidance
The company also issued a 2025 guidance that fell short of expectations, as some of the company's older drugs face competition from cheaper generics.
Bristol Myers, bracing for key patent losses, deepens cost-cutting plan
The pharmaceutical company plans to cut $2 billion in annual expenses by the end of 2027 through “operational efficiencies across multiple areas of the business,” its CFO told analysts on a conference call.
Bristol-Myers Squibb Stock Falls on Surprisingly Weak Guidance
Shares in Bristol-Myers Squibb fell more than 4% in premarket trading Thursday, after the drug maker gave 2025 guidance that undershot analyst expectations. Bristol expects sales of about $45.5 billion in 2025,
Bristol Myers misses expectations for 2025 guidance, shares fall
Bristol-Myers Squibb Company (NYSE:BMY) slid more than 2% in premarket trading Thursday after the company's guidance for 2025 missed average analyst expectations.
Bristol-Myers Squibb slips as 2025 outlook disappoints
Shares of Bristol-Myers Squibb (NYSE:BMY) traded lower in the premarket on Thursday after the pharma giant beat Street forecasts with its Q4 2024 results, but its 2025 outlook fell short of analysts’ expectations.
Kevin Durant 'said no' to Grizzlies trade talks, former Warriors GM Bob Myers says
Did the Grizzlies try to trade for Kevin Durant? ESPN's Bob Myers said Thursday that Durant and Jimmy Butler both turned down ...
Dynasty! Myers Park girls win fourth straight NCHSAA 4A swimming championship
The Myers Park girls’ swim team became the second school to win four NCHSAA 4A state titles in a row Thursday. Cardinal ...
Bristol Myers Wallops Fourth-Quarter Earnings Views. But Shares Plummet 5%.
Bristol Myers Squibb stock tumbled Thursday on a light outlook for 2025 following a strong fourth-quarter report.
Fox 45h
Founders of a Fort Myers based crypto scam EmpiresX ordered to pay $128M Fine
A Florida court mandates over $128 million in penalties for Brazilian nationals and a Florida resident involved in a ...
NBC Sports Regional: Bay Area on MSN20h
Ex-GM Myers drops bold one-liner about Warriors' Butler trade
Former Warriors general manager Bob Myers shared an honest reaction to Golden State's blockbuster trade that shipped Andrew ...
Judge orders Fort Myers Beach restaurant La Ola to vacate or comply
With the Beach Pier taking over four more years to rebuild, some worry that there may not be enough to do in Times Square.
WINK NEWS14h
Fort Myers man accused of stabbing 3 men at Gentleman’s club
The Fort Myers Police Department has arrested a man accused of stabbing three men at the Allure Gentleman's Club.
Canucks' Tyler Myers: Produces power-play helper
Myers logged a power-play assist and three shots on goal in Thursday's 2-1 overtime win over the Sharks. Myers continues to chip in a little offense while seeing more minutes in the absence of Quinn ...
Fox 43h
Three dogs rescued from Fort Myers house fire
FORT MYERS, Fla. — Fort Myers Fire Department responded to a structure fire around 8 pm Thursday night. When crews arrived there were visible flames. Firefighters were able to confirm there were dogs ...
WINK NEWS18h
Police report released for Fort Myers child abduction, search for suspect ongoing
A mother chased down the man who kidnapped her toddler in Fort Myers. This dramatic event is part of the ongoing investigation into the Amber Alert issued earlier this week.