Learn more

German pharmaceutical giant Bayer on Tuesday reported further losses in the third quarter as it revised its forecast for the financial year. Net losses in the third quarter were €4.18 billion ($4.44 billion), down from €4.57 billion in the same period last year. Loss per share was €4.26, compared to €4.66 in the previous year. Core earnings per share for the third quarter declined to €0.24 from €0.38, while earnings before interest, tax, depreciation and amortization (EBITDA) before special items decreased by 25.8% to €1.25 billion. The latter figure included a negative currency effect of €94 …