Because all disagreemens have TWO sides

[Maxmars]

I'm offering this in the Propaganda Mill because of the titular contention.

I'm trying to determine the preciseness of "narrative reporting."

It's different from "news" as it is most often "used" to promote some idea.

Here is ArsTechnica's Health care company says Trump tariffs will cost it $60M–$70M this year

Wherein great care is taken to describe the level of financial impact that "Trump tariffs" will have on the industry.
But the authors' source wants to sound an alarm...

Baxter International, a prominent health care and pharmaceutical manufacturer, reports that President Trump's tariffs will likely cost the company $60 million to $70 million this year, according to the Chicago Tribune.

The embellishments and flourishes are pretty much expected...

Except no one seems to bring up that this is loss of "PROFIT."

And no media suborns the practice of pointing out that rich people NOT getting richer is NOT supposed to be the main "problem" of the world.

So boo hoo Baxter shareholders... 

Quote this:  "Profit is not forever."

[UltraBudgie]

So boo hoo Baxter shareholders... 

Quote this:  "Profit is not forever."

Um, they didn't post a profit last year. They lost $649 million.

https://www.baxter.com/baxter-newsroom/b...24-results

And their stock is down 65% over the last five years:



But other than that I agree with you.

[Maxmars]

That is loss of profit... not value of assets.

Or am I mistaken?

[UltraBudgie]

That is loss of profit... not value of assets.

Or am I mistaken?

I dunno. I imagine the value of assets is built into the stock price. But the whole industry is scammy. It wouldn't surprise me if they were the slaughter-loss scapegoat for a hidden medical-cartel agenda. Look at the boards and interlocking directorates, maybe. See who they're beholden to with their long-term debts.

[Maxmars]

The depth of my cynicism here has to do with the take-home pay of those who would run and hide
if the object were to break even, and 'serve' the patients first.

"Scammy"... yes... I can relate to that perception.

[Kwaka]

For the fourth quarter, total net income (loss) attributable to Baxter on a U.S. GAAP basis was ($512) million, or ($1.00) per diluted share.

Baxter Reports Fourth-Quarter and Full-Year 2024 Results

When the financial report declarers an income as a (loss), it is beyond me what a lot of numbers in that report actually mean. As a small business owner, there is noting in that report that provides a clear picture of what the financial position of Baxter International really is.