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☆ Dexcom shares fall on slow revenue growth
▼ + stars: | 2024-10-24 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

Shares of Dexcom fell 9% in extended trading on Thursday after the company released third-quarter results that beat analysts' expectations but showed a decline in U.S. revenue year over year. Here's how the company did:Earnings per share: 45 cents adjusted vs. 43 cents expected by LSEG45 cents adjusted vs. 43 cents expected by LSEG Revenue: $994 million vs. $990 million expected by LSEGThe company's revenue increased 2% to $994.2 million from $975 million a year earlier. The company maintained its full fiscal year guidance and expects revenue of $4 billion to $4.05 billion. Last quarter, Dexcom lowered its guidance from the $4.20 billion to $4.35 billion it forecast in the first quarter. This lowered guidance and a revenue miss caused Dexcom shares to tumble more than 40% following the release of its second-quarter results in July.

Persons: Dexcom, Kevin Sayer, Sayer, Teri Lawver, Lawver Organizations: LSEG Revenue, Dexcom

☆ Dexcom shares plunge more than 40%, head for worst day on record
▼ + stars: | 2024-07-26 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +4 min

Dexcom shares sank more than 40% on Friday and headed for their worst day ever after the diabetes management company reported disappointing revenue for the second quarter and offered weak guidance. The stock fell $45.38 to $62.47 as of early afternoon, wiping out about $18 billion in market cap. Prior to Friday, the biggest drop came in September 2017, when the shares plunged 33% in a day. Dexcom held its stock market debut in 2005. With Friday's selloff, Dexcom shares are down almost 50% for the year, while the S&P 500 is up 15%.

Persons: Dexcom, Kevin Sayer, we've, Sayer, JPMorgan's Robbie Marcus, Marcus, Jereme Sylvain, Sylvain, William Blair, Leerink, Stelo, Friday's Organizations: JPMorgan, U.S . Food, Drug Administration

☆ Dexcom shares plummet more than 30% after company lowers fiscal year guidance
▼ + stars: | 2024-07-25 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

Shares of Dexcom tumbled more than 35% in extended trading Thursday after the diabetes management company reported disappointing revenue for the second quarter and offered weak guidance. The company reported net income of $143.5 million, up from the $115.9 million it reported during the same period last year. Dexcom updated its full fiscal year guidance to reflect expected revenue between $4 billion and $4.05, which is down from the $4.20 billion to $4.35 billion it forecast last quarter. "While Dexcom advanced several key strategic initiatives in the second quarter, our execution did not meet our high standards," Dexcom CEO Kevin Sayer said in the release. In March, the company announced its new over-the-counter CGM called Stelo had been cleared for use by the U.S. Food and Drug Administration.

Persons: LSEG, Dexcom, Kevin Sayer, Stelo Organizations: LSEG Revenue, U.S . Food, Drug Administration

☆ Sam Kerr: Australia confirms talismanic striker to miss Paris Olympics
▼ + stars: | 2024-05-20 | by ( ) edition.cnn.com time to read: +1 min

Melbourne —Australia have confirmed talismanic captain Sam Kerr will miss the women’s Olympic soccer at the Paris Games while recovering from a serious knee injury. The Chelsea striker suffered an anterior cruciate ligament (ACL) injury at a training camp in Morocco in January and her participation in Paris was highly doubtful. Football Australia (FA) ended the speculation on Tuesday in a squad announcement for Australia’s two-match home series against China which starts in Adelaide on May 31. “Attacker Amy Sayer (ACL) and forward Sam Kerr (ACL) remain on the sidelines with long term injuries,” FA said. “(They) most likely will be physically available to be part of an Olympic roster,” Gustavsson said of Gorry and Luik.

Persons: Sam Kerr, Amy Sayer, “ Kerr, Sayer, Tony Gustavsson, Katrina Gorry, Aivi Luik, ” Gustavsson, Gorry Organizations: Melbourne, Paris Games, Chelsea, Football Australia, ”, Paris Locations: Australia, Morocco, Paris, China, Adelaide, ” Australia

☆ David Einhorn was once the young thorn in the side of executives. Now he's dealing with his own.
▼ + stars: | 2024-05-17 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewIn 1996, David Einhorn founded Greenlight with less than $1 million in capital — a good chunk of which came from his parents — at the precocious age of 27. And now the 55-year-old is dealing with something he once was: a thorn in the side. Fishback sued his old firm for defamation in October, which is now in arbitration, according to a person familiar with the case. Thursday, Fishback said he was invited to debate Tesla with his old boss, saying Einhorn didn't understand Musk's company's "core value driver" of autonomy.

Persons: —, David Einhorn, sayer, sneering, Elon Musk, Einhorn, He's, year's Sohn, James Fishback, Fishback's, Fishback, Greenlight, Pharma Bro, Martin Shkreli, — Fishback, Tesla, Fishback —, Free Press —, I'm Organizations: Service, Business, Lehman Brothers, Allied, Tesla, Pharma, Free Press Locations: —, New York, Bari

☆ Meet the diehard music fan who runs one of the world's busiest arenas
▼ + stars: | 2024-04-20 | by ( Chris Johnston | ) www.businessinsider.com time to read: +7 min

London's O2 Arena is one of the world's busiest and sold a record 2.5 million tickets last year. The venue is managed by Steve Sayer, a music fan who previously worked for Manchester City. The O2 Arena presents comedy, boxing, UFC, esports and even monster trucks as well as music. AdvertisementIt may not be the world's most famous, but London's O2 Arena is now one of the busiest. Elton John on his "Farewell Yellow Brick Road" Tour at the O2 Arena in April 2023.

Persons: Steve Sayer, —, Tom Jones, James Bond, Jason Derulo, Luke Dyson Sayer, Ateez, Olivia Rodrigo, Noah Kahan, Prince, Sayer, Elton John, Monty Python, Adele, Simone Joyner, they're, Philip Anschutz, Dua Lipa, Karwai Tang, Joseph Okpako, there'd, that's, Madonna, Kevin Mazur AEG, It's, Liam Gallagher, Girls, Billy Joel's Organizations: London's O2, Manchester City, O2 Arena, UFC, Service, O2, AEG, London, AEG Europe, Billboard, The O2, WWE, Gorillaz, National Health Service, Qatar Airways, Madison Locations: Manchester, Paris, Berlin, Hamburg, Dua, London, New, COVID

☆ Americans have no idea how to use their free time
▼ + stars: | 2024-03-26 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +11 min

It's true that Americans are overworked, overstressed, and generally awful at unplugging from work, two time-use researchers told Business Insider. But the vast majority of Americans' leisure time is spent — you guessed it — in front of the television. Watching TV is the most popular leisure activity, accounting for an average of 2.8 hours a day — more than half of all Americans' leisure time. Americans' spend more time watching TV than any other leisure activity. AlavinphotoSexism and the safety netThere is also a gendered element at play when it comes to Americans' leisure time.

Persons: —, It's, I'm, Brigid Schulte, Liana Sayer, Sayer, Sayers, Schulte, Ciara Kelly, Kelly, We're Organizations: Service, Netflix, Business, Bravo, University of Maryland's, Organization for Economic Co, Development, World Economic, US, The University of Sheffield Locations: America, France, Finland, Belgium, Italy, Germany, Spain, Japan, UK

☆ Americans have between 4 and 6 hours of leisure time daily. We just have no idea how to use it.
▼ + stars: | 2024-03-26 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +11 min

AdvertisementDespite class differences, 95% of Americans over the age of 15 engaged in some kind of leisure activity on a typical day, according to the 2022 time-use survey. But the vast majority of Americans' leisure time is spent — you guessed it — in front of the television. Watching TV is the most popular leisure activity, accounting for an average of 2.8 hours a day — more than half of all Americans' leisure time. Americans' spend more time watching TV than any other leisure activity. AlavinphotoSexism and the safety netThere is also a gendered element at play when it comes to Americans' leisure time.

☆ NASA PACE mission to study Earth’s oceans and atmosphere is ready to launch
▼ + stars: | 2024-02-08 | by ( Ashley Strickland | ) edition.cnn.com time to read: +7 min

The NASA PACE, or Plankton, Aerosol, Cloud, and ocean Ecosystem, mission is set to lift off at 1:33 a.m. Although designed as a three-year mission, PACE has enough fuel to continue orbiting and studying Earth for up to 10 years. “In many ways, we know more about the surface of the moon than we do about our own oceans,” St. Germain said. “PACE will be the most advanced mission we’ve ever launched to study ocean biology. While phytoplankton play a major role in drawing carbon dioxide from Earth’s atmosphere, some species can be harmful, too.

Persons: Jeremy Werdell, ”, Karen St, Germain, ” Werdell, Pam Melroy, Kate Calvin, ” Calvin, Calvin, “, Andy Sayer, Webb, Norman Kuring Organizations: CNN, NASA PACE, SpaceX, Cape Canaveral Space Force, YouTube, PACE, Science, NASA, SpaceX “ Locations: Cape, Florida, St, ” St

Near Avdiivka, Ukraine CNN —Straddling the frontlines, the small town of Avdiivka has become the epicenter of the war in Ukraine. Still in Ukrainian hands – just – it’s enclosed on three sides by Russian troops and cannons. Amid the ruins, Russian and Ukrainian troops clash, preyed upon by drones and the occasional tank. Reliant on the Soviet kit they have, not the Western arms they crave, Ukrainian troops have learned to be more creative with their weapons in battle. The Ukrainian drone dives into the narrow dugout behind them and explodes.

Persons: –, “ Bess, ”, “, Joseph Ataman, Volodymyr Zelensky, Valery Zaluzhny, Ukraine’s, Daria Tarasova, Trump, John Kirby, Bradley, “ Barbie ”, “ It’s, Bradleys, Teren, Serhii Nuzhnenko, Zelensky, Dmitry Medvedev, “ Sayer ” Organizations: Ukraine CNN —, CNN, Omega Special Forces Group, 110th Mechanized Brigade, Reliant, Omega, National Security, Bradley, Ukraine, US, Russia, Ukraine's National Guard Omega, Kyiv, Russia’s Security, Omega Special Forces Locations: Avdiivka, Ukraine, Ukraine’s Donetsk, Ukrainian, Soviet, Bakhmut, “, Marinka, US, Russian

☆ Dexcom CEO Kevin Sayer goes one-on-one with Jim Cramer
▼ + stars: | 2023-11-14 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

Dexcom CEO Kevin Sayer goes one-on-one with Jim CramerDexcom Chairman, President and CEO Kevin Sayer joins 'Mad Money' host Jim Cramer to talk the impact of weight loss drugs on the diabetes market, quarterly earnings and more.

Persons: Kevin Sayer, Jim Cramer Dexcom, Jim Cramer

☆ Sinéad O’Connor paid dearly for criticizing the Catholic church. History proved her right
▼ + stars: | 2023-07-27 | by ( Issy Ronald | ) edition.cnn.com time to read: +5 min

CNN —Following the announcement of Sinéad O’Connor’s death aged 56 Wednesday, her life and music with all their complexities and convulsions have been put back into the spotlight. At first, the act drew widespread condemnation, but in subsequent years this eventually gave way to admiration as the Catholic Church acknowledged and apologized for the sexual abuse perpetrated by members of the clergy, often toward children. Ripping up that photo of the pope defined her career in a “beautiful f**king way,” she told the Guardian in 2021. Joe Pesci hosted the show the following week and in his opening monologue said that O’Connor “was very lucky it wasn’t my show. As the years passed, however, the public’s stance toward O’Connor softened as sexual abuse by members of the clergy became a matter of record.

Persons: Sinéad, Pope John Paul II, Bob Marley’s, ” O’Connor, John Paul II, “, O’Connor, ”, O'Connor, Stringer, Bob Dylan, Joe Pesci, she’s, Joey Buttafuoco, Amy Fisher, Pope Benedict XVI, O’Connor’s, Aisling Bea, sayer, Morrisey Organizations: CNN, Catholic Church, Rolling Stone, SNL, Guardian, Defamation League, Smiths Locations: Irish, United States, London, Antigua, Australia, Ireland

March 28 (Reuters) - Canada's Crescent Point Energy Corp (CPG.TO) said on Tuesday it would acquire Spartan Delta Corp's (SDE.TO) oil and gas assets in Alberta's Montney region for C$1.7 billion ($1.24 billion). Crescent Point shares dipped 0.7% in Toronto, while Spartan stock gained nearly 8%. Crescent Point said it is looking to reduce net debt by about C$1 billion over the next 12 months and may also sell assets. Crescent Point also produces oil in the province of Saskatchewan. Crescent Point raised its production outlook to 160,000 to 166,000 boepd from the earlier forecast of 138,000 to 142,000 boepd.

A sale of Westbrick would mark an exit from the Canadian oil and gas production business for KKR. KKR has owned Westbrick for a decade, longer than most of its investments, making a sale logical, one of the sources said. KKR invested C$250 million in Westbrick when it was a smaller producer in 2012. Apart from Westbrick, KKR's other investments in Canada include gas processing assets and a stake in the Coastal GasLink pipeline under construction. "Anyone who knows me knows that Westbrick has been for sale every day since our existence," he told Reuters via email.

☆ Aston Martin stunt car, Daniel Craig costumes star at James Bond auction
▼ + stars: | 2022-09-26 | by ( Marie-Louise Gumuchian | ) www.reuters.com time to read: +2 min

REUTERS/Carlo AllegriLONDON, Sept 26 (Reuters) - From an Aston Martin DB5 stunt car to costumes worn by Daniel Craig in "No Time to Die", an array of James Bond props and memorabilia are being offered at a charity auction soon as the film franchise celebrates 60 years. Register now for FREE unlimited access to Reuters.com RegisterWith a price estimate of 1.5 million pounds to 2 million pounds ($1.62 million to $2.16 million), it is one of eight replicas built for the movie. It has a price estimate of 15,000-20,000 pounds. There are also other vehicles, watches and costumes as well as props from different Bond movies. Proceeds from the two "Sixty Years of James Bond" auctions, with a total of some 60 lots, will go to different charities.

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