Dexcom(DXCM)’s revenue could reach $5.1 billion in 2025, the company said Friday night when announcing a new continuous blood glucose monitor. Dexcom shares, which have already risen 12% this year, could still soar. X The announcements came during Dexcom’s Investor Day, the company’s first in three years. There’s been a lot to strengthen Dexcom since … Read more
When Eric Schauer was fired last July at the age of 55, he wasn’t too worried about landing a new job. A senior executive in Albany, New York, Schauer thought the generous severance package he received from his chemical company would keep him going until he found a new job. in the tight labor market. … Read more
School is out for the summer, but the debate over whether a college degree is still necessary for a good job in the United States — and if it will be in the future — is only gaining momentum. ground. Recent research reveals that a college degree is always worth the investment. But more and … Read more
(Bloomberg) – International Business Machines Corp. is in talks to buy software company Apptio as part of a deeper push into automation technology, according to people with knowledge of the matter. Bloomberg’s Most Read The parties are discussing a price tag in the range of $4.5 billion to $5 billion, said one of the people, … Read more
Tim Cook Nic Coury/Bloomberg Text size The constant knock on Apple CEO Tim Cook is the world’s most valuable company by market capitalization hasn’t announced a new hardware platform since his predecessor, Steve Jobs, unveiled the iPhone in 2007. But that misses the Cook’s remarkable performance, which has included adding new products, expanding the company’s … Read more
Vicki Hollub Michael Ostuni/Patrick McMullan/Getty Images Text size Vicki Hollub’s early years as CEO of western oil were marked by a controversial megadeal. In 2019, it completed the purchase of Anadarko and its West Texas shale plays, ahead of Chevron . But critics said she overpaid, including Carl Icahn , who launched an activist campaign. … Read more
(Bloomberg) — The biggest fossil fuel players are sending the message clearly: the transition to a green future will require a lot more natural gas. Bloomberg’s Most Read From Shell Plc to Chevron Corp., the world’s major producers plan to accelerate fuel investments. China continues to sign deals to buy liquefied natural gas after 2050, … Read more
(Bloomberg) – They waited and waited, then went all-in. And now fund managers who finally give in to a shock rally in equities in the first half must face the possibility that its best days are over. Bloomberg’s Most Read Just as a measure of investors’ exposure to equities hit its highest level since April … Read more
Text size Participants in the Paris Air Show line up along the barriers to watch demonstration flights. Julien De Rosa/AFP via Getty Images For Boeing And Airbus , the 2023 Paris Air Show was a record event, but stocks have fallen. Which give? Boeing (symbol: BA) and Airbus (AIR. France) shares, as well as stocks … Read more
Text size Sounds like a good time to buy the industrial dip. The time of dreams The United States is on the cusp of an industrial supercycle, fueled in part by $2 trillion in spending from new federal plans for infrastructure development and electric vehicles. That possibility is like catnip to this former engineer and … Read more