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Toyota’s Strong Hybrid Demand Drives Profits and Raises Outlook
In a notable turn of events, Toyota Motor Corporation has reported that its quarterly profits more than doubled from the previous year, attributing the surge to the robust global demand for its hybrid vehicles and favourable exchange-rate movements. “Toyota for years resisted making big investments in purely electric vehicles, repeatedly saying that it felt its…
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Johnson & Johnson Surpasses Wall Street Expectations Following Major Company Restructure
Amidst unprecedented company changes, Johnson & Johnson (J&J) unveiled quarterly results on Tuesday that exceeded Wall Street’s anticipations. Following its separation from the consumer health spinoff Kenvue in August—a monumental move in J&J’s 137-year history—the company has witnessed significant surges in its pharmaceutical and medical devices sales. After the August split, the pharmaceutical powerhouse initially…