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Mission Produce (NASDAQ:AVO) Misses Q4 Sales Targets

Avocado company Mission Produce (NASDAQ:AVO) missed analysts' expectations in Q4 FY2023, with revenue up 8.4% year on year to $257.9 million. It made a non-GAAP profit of $0.11 per share, down from its profit of $0.13 per share in the same quarter last year. ....

United States , Steve Barnard , International Farming , Mission Produce , Cash Flow , Wall Street , Sales Targets , Consensus Expectations ,

Pfizer shares sink after weak 2024 forecasts

Pfizer on Wednesday forecast 2024 sales that were as much as $5 billion below Wall Street expectations due mostly to declining demand for COVID vaccines and treatment, driving shares down 7% in premarket trading. The lower forecasts come a day after the drugmaker said it would reorganize its cancer division to include the acquisition of Seagen. The drugmaker's shares, which are already down over 44% this so far this year, were down 7% in premarket trading and set to erase over $10 billion in market capitalization, if losses continued during regular trading. ....

United Kingdom , Chris Boshoff , Leroy Leo , Arun Koyyur , Wall Street , Premarket Trading , Covid Vaccines , Wall Street Expectations , Sales Targets , Lancer Division ,

US transition to electric vehicles faces delays

The US transition to electric cars has hit a speed bump, with concerns about vehicle range and limited charging capacity adding to core affordability issues.But there are also significant doubts among drivers surrounding the autos over inadequate charging infrastructure (36 percent), battery range (39 percent) and vehicle affordability (38 percent). ....

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