Centene Slashes 2025 Steerage and Posts Shock Loss

[ad_1] (Bloomberg) — Centene Corp. minimize its annual steering and reported a shock quarterly loss Friday, yet one more disappointment for the embattled well being insurer that’s been grappling with issues in its Reasonably priced Care Act enterprise. The corporate now expects adjusted earnings of $1.75 a share in 2025, far lower than the greater … Read more

Puma Slashes Outlook as New CEO Confronts Weak Demand, Tariffs

[ad_1] (Bloomberg) — Puma SE slashed its earnings forecast for the 12 months amid strikingly weak demand for its sports activities and athleisure merchandise and rising issues in regards to the potential impacts of US tariffs. The German firm now expects to report a loss in adjusted earnings earlier than curiosity and taxes this 12 … Read more

Bharti Airtel slashes pay hikes for employees, including top brass

[ad_1] Bharti Airtel has moderated its employee salary hikes in FY25, with the average salary increase dropping to 8% from 8.7% in FY24, according to the company’s annual report Vice chairman & managing director Gopal Vittal’s pay rose 9%, after increasing more than 10% in FY24 and FY23. Vittal drew a salary of ₹20.2 crore … Read more