Q4 2024 Management View Todd Becker, President and CEO, announced significant restructuring efforts aimed at achieving $50 million in annualized cost savings, with $30 million already implemented.

Q4 2024 Management View Fernando Gonzalez, CEO, highlighted the successful divestments of operations in Guatemala, the Philippines, and the Dominican Republic, helping rebalance the portfolio towards ...

Squibb is expanding its existing strategic productivity initiative to include approximately $2B in additional annualized ...

For fiscal 2025, Kennametal projects sales in the range of $1.95 billion to $2 billion and adjusted EPS between $1.05 and $1.30. These figures reflect weaker market conditions in EMEA and the impact ...

BP Cutting 4,700 Jobs Worldwide as Part of Cost-Saving Drive LONDON (AP) — U.K.-based oil company BP is cutting 4,700 jobs worldwide and a further 3,000 contractor roles as part of a cost-saving ...

CEO Tarak Mehta reported a 1.6% decline in Q4 2024 revenue year-over-year, driven by weak European demand, while adjusted EPS dropped 15% to $1.16. Adjusted EBITDA margins were 16.6%, down from the ...