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Strong product demand boosts Grainger’s first quarter results

Grainger (GWW) reported better-than-expected first quarter results, primarily due to strong demand and better volumes in its US business. The…

Danaher reports strong first quarter 2018 results

Danaher Corporation (DHR) posted strong performance for the first quarter of 2018, which was broad-based across most of its platforms,…

United Rentals profit surges on rental revenue

Equipment rental operator United Rentals (URI) reported better than expected first quarter earnings backed by higher rental revenue. The company,…

New products drive sales at Abbott in Q1

Healthcare company Abbott Laboratories (ABT) reported worldwide sales of $7.4 billion for the first quarter of 2018, an increase of…

Amazon finds the healthcare space a hard nut to crack

Rumors surrounding Amazon’s (AMZN) foray into the trillion-dollar healthcare market had not only grabbed widespread media attention; it had also…

Cancer drugs lift Johnson & Johnson’s sales in Q1

Pharmaceutical giant Johnson & Johnson (JNJ) reported a 12.6% increase in sales to $20 billion for the first quarter of…

April 16: Top 52-week highs and lows of the day

Medical device maker AngioDynamics Inc. (ANGO) touched a new yearly high of $20.35 on Monday. According to a Market Insights…

Carl Icahn signs massive deal to sell Tropicana Entertainment

Icahn Enterprises has decided to sell its casino venture Tropicana Entertainment (TPCA) to Gaming and Leisure Properties (GLPI) and Eldorado…

Will biosimilars play spoilsport in Johnson & Johnson earnings?

Pharmaceutical giant Johnson & Johnson’s (JNJ) earnings results are due on April 17 before the opening bell, amidst concerns over…

Rite Aid sales drop 8.6% in 4Q

Pharma chain Rite Aid (RAD), which is in the process of being acquired by Albertsons, has struggled with the deteriorating…