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06.12.25 - 16:42
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Teva Crushes Earnings as Pfizer Struggles to Replace COVID Revenue (24/7 Wall St.)
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Pfizer (NYSE: PFE) and Teva Pharmaceutical Industries (NYSE: TEVA) just reported third-quarter earnings that reveal two pharmaceutical companies moving in opposite directions. Pfizer is stabilizing after its COVID revenue collapse while Teva is accelerating through an innovation-led turnaround that has delivered 11 consecutive quarters of growth. One Declining, One Accelerating Pfizer posted Q3 revenue of ... Teva Crushes Earnings as Pfizer Struggles to Replace COVID Revenue
The post Teva Crushes Earnings as Pfizer Struggles to Replace COVID Revenue appeared first on 24/7 Wall St.....
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06.12.25 - 12:00
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HMRC warns Christmas side-hustle sellers over tax on festive earnings (The Guardian)
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Crafters, artisans and others told to declare income if above £1,000 trading allowance in tax yearThis is a busy time of year for the thousands of people who earn a bit of extra income from a festive side hustle such as running a stall at a Christmas market or selling items online.The UK's army of crafters, artisans and designers are being urged to check if they need to tell HM Revenue and Customs about their earnings. Continue reading......
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05.12.25 - 22:12
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Consumer Credit Below Expectations On Slowdown In Student, Auto Loans; Credit Card APRs Back To All Time High (ZeroHedge)
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Consumer Credit Below Expectations On Slowdown In Student, Auto Loans; Credit Card APRs Back To All Time High
After several months of wild swings, moments ago the Fed published the latest consumer credit report (G.19) and it was quite tame by recent volatile trends.
Total consumer credit rose by $9.178BN in October (which is more contemporaneous than more other data points we have received in recent weeks thanks to the govt shutdown), which was down from a downward revised $11.0BN in Sept ($13.09BN pre-revision), and below the $10.48BN median estimate. The latest monthly increase pushed the total to a new all-time high of $5.084 trillion.
Looking at revolving credit (i.e., credit cards), the increase was $5.407BN to $1.317 trillion, the biggest monthly increase since July, if on the low side compared to the $8.7 billion average monthly increase from 2021 until the end of 2024.
Non-revolving credit (primarily auto and student loans), rose by $3.771BN, the lowest increase since February when w...
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05.12.25 - 21:48
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Rubrik Crushes Expectations Again. Here’s What We’re Watching (24/7 Wall St.)
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Yesterday we were watching whether Rubrik (NYSE: RBRK) could deliver on its profitability promise while maintaining growth momentum. The company crushed both expectations after the bell on December 4, and this morning shares are trading up 24.1% at $87.40 after touching an intraday high of $90.26.Profitability Milestone Drives the MoveNon-GAAP EPS came in at $0.10, ... Rubrik Crushes Expectations Again. Here's What We're Watching
The post Rubrik Crushes Expectations Again. Here's What We're Watching appeared first on 24/7 Wall St.....
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