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Medtronic Warns of $200 Million Tariff Hit and Lowers Earnings Outlook

May 21, 2025 by Shubham Kashyap Leave a Comment

Medtronic Warns Of $200 Million Tariff Hit And Lowers Earnings Outlook

Medtronic just took a $200 million punch to the gut—courtesy of tariffs. And Wall Street didn’t exactly send flowers. In a move that had investors blinking twice at their screens, the medical device giant said Tuesday it’s bracing for a $200 million hit this fiscal year due to tariffs tied to U.S.-China trade tensions. Ouch. […]

Filed Under: Technology Tagged With: Diabetes Unit Spin-off, Medical Devices, Medtronic, Q4 Earnings, Stock Market, Tariff Impact, Trade War, U.S.-China Tensions

Pfizer Stock Falls After Halting Weight-Loss Drug Trial Over Safety Concerns

April 14, 2025 by Shubham Kashyap Leave a Comment

Pfizer Stock Falls After Halting Weight-Loss Drug Trial Over Safety Concerns

Pfizer’s stock has had a rough ride lately, and honestly, it’s left investors scratching their heads. As of April 14, 2025, shares are hovering around $22.18—a far cry from the high-flying days of the pandemic. But here’s the thing: this latest dip isn’t just about market jitters or macroeconomic headwinds. It’s about another blow to […]

Filed Under: Health Tagged With: Clinical Trial, Drug Safety, Liver Injury, Obesity Trial, Pfizer, Pfizer Shares, Pharmaceutical, Stock Market, Weight-Loss Drug

SEBI Approves LG Electronics India’s IPO

March 19, 2025 by Shubham Kashyap Leave a Comment

LG Electronics India IPO approval by SEBI in 2024

The Securities and Exchange Board of India (SEBI) has granted approval to LG Electronics India Limited to raise capital through an initial public offering (IPO). The company had filed its IPO documents with SEBI on December 6, 2024. According to the Draft Red Herring Prospectus (DRHP) filed by the company, the IPO, with a face […]

Filed Under: Technology Tagged With: Consumer Electronics, DRHP, Home Appliances, Indian Market, Investment, IPO, LG Electronics India, LG IPO, SEBI, Stock Market

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