U.S. drug distributor Cardinal Health reported a lower-than-expected quarterly profit on Thursday and cut its annual earnings forecast as its medical device unit Cordis was hit by supply chain issues and higher costs. Cardinal’s shares […]
Wearable device maker Fitbit forecast current-quarter revenue below Wall Street estimates on Wednesday as the company expects further sales declines for its fitness tracking devices. The company’s core wearable fitness trackers business has fallen sharply […]
Some of the numbers weren’t a big surprise, given the company’s financial forecast in March, when the company said it expects to hit as many as 96 million subscribers this year. Spotify maintained its outlook […]
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