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After seeing initial strength, shares of Amazon (AMZN) are holding on to a strong gain in afternoon trading on Friday.

Chinese search engine Baidu (BIDU) continues to in a strong performance in afternoon trading on Friday after seeing early strength.

Shares of Groupon (GRPN) have moved sharply lower during trading on Friday, with the daily deals website tumbling by 13.5 percent.

Off-price retailer Tuesday Morning Corp. (TUES) Friday announced third quarter net loss of $5.24 million or $0.12 per share, wider than net loss of $2.80 million or $0.06 per share in the prior year. On average, five analysts polled by Thomson Reuters expected the company to report loss of $0.12...

Novartis (NVS) announced the Committee for Medicinal Products for Human Use of the European Medicines Agency adopted a positive opinion for Afinitor (everolimus) tablets for the treatment of unresectable or metastatic, well-differentiated nonfunctional neuroendocrine tumors of gastrointestinal or lung...

Exxon Mobil Corp. (XOM) reported first-quarter earnings of $1.8 billion, or $0.43 per share, compared to $4.9 billion or $1.17 per share, a year ago. The company said the impacts of sharply lower commodity prices and weaker refining margins were partly offset by strong Chemical results. On average, 21...

Chevron Corp. (CVX) reported a loss for the first-quarter 2016 compared to profit in the prior year. "First quarter results declined from a year ago. Our Upstream business was impacted by a more than 35 percent decline in crude oil prices. Our Downstream operations continued to perform well, although...

British drug maker AstraZeneca plc (AZN.L, AZN) said that the Committee for Medicinal Products for Human Use or CHMP of the European Medicines Agency has issued a positive opinion, recommending the approval of a new antibiotic, CAZ AVI 2g/0.5g powder. CAZ AVI is being jointly developed by AstraZeneca...

Gilead Sciences Inc. (GILD) said Friday that the Committee for Medicinal Products for Human Use or CHMP, the scientific committee of the European Medicines Agency or EMA, has adopted a positive opinion on the company's Marketing Authorization Application or MAA for Odefsey (emtricitabine 200 mg/rilpivirine...

While reporting its first-quarter financial results today, Royal Caribbean Cruises Ltd. (RCL) raised its earnings outlook for fiscal 2016, citing strength in North American products and onboard revenue trends as well as stronger foreign currencies. For fiscal 2016, the company now forecasts earnings...

Imperial Oil Ltd. (IMO.TO, IMO) Friday announced first quarter net loss of C$101 million or C$0.12 per share compared to a profit of C$421 million or C$0.50 per share. Revenue for the quarter declined to C$5.222 million from C$6.203 million in the prior year. The compay said its production increased...

Teva Pharmaceutical Industries Ltd. (TEVA) announced the U.S. FDA has approved ProAir RespiClick (albuterol sulfate) Inhalation Powder for the treatment or prevention of bronchospasm in children 4 to 11 years of age with reversible obstructive airway disease and for the prevention of exercise-induced...

While reporting its first-quarter financial results today, Shire plc (SHP.L, SHPG) reiterated its financial outlook for fiscal 2016. For fiscal 2016, the company reaffirmed its outlook for adjusted earnings per ADS growth in the 7 to 10 percent range, or 9 to 13 percent on an adjusted CER basis, and...

Biogen Inc. (BIIB) and AbbVie Inc. (ABBV) said that the Committee for Medicinal Products for Human Use or CHMP of the European Medicines Agency has adopted a positive opinion recommending the granting of a marketing authorization for Zinbryta or daclizumab, intended for the treatment of relapsing forms...

Valeant Pharmaceuticals International Inc. (VRX, VRX.TO) said that it has filed with the U.S. Securities and Exchange Commission its Annual Report on Form 10-K for the fiscal year ended December 31, 2015. The company noted that default under senior note indentures arising from the failure to timely file...

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