Cigna Group shares slumped after the health insurer reported cost pressures from surprisingly high catastrophic medical claims that are likely to persist. Cigna’s health benefits division spent 87.9% ...

General Mills (NYSE:GIS) announced that it closed on the sale of its Canadian Yogurt business to Sodiaal. The divestiture included the Canadian operations of several yogurt brands, including ...

“On the topic of the cost curve, in collaboration with our teammates at Integrated Warfare Systems and the Rapid Capabilities Office, our destroyers have tested several new C-UAS ...

LONDON, Jan 22 (Reuters) - Sportswear brand Puma (PUMG.DE), opens new tab announced a cost-cutting programme on Wednesday after reporting 2024 net profit below the prior year's level, missing its ...

The company's net profit also fell 40% year-on-year. Margins and profitability for the company were impacted due to higher employee costs and other expenses. Employee benefit costs went up by 92% from ...

(Reuters) -3M Co forecast profit growth for 2025 and beat fourth-quarter estimates as the U.S. industrial conglomerate benefited from efforts to revive sales and reduce costs, sending its shares ...

d3sign / Getty Images Maximizing stock prices and corporate profit are significant goals ... A company maximizes profits by reducing costs and expenses and increasing revenue, thus increasing ...

And while the company continued to beat profit expectations, medical costs were still rising more than forecast. Tomi Kilgore is MarketWatch's deputy investing and corporate news editor and is ...