Paramount Skydance Corporation (PSKY) has accused Netflix of running a "scorched-earth campaign" against its proposed $111 billion bid for Warner Bros. Discovery, as revealed in a letter to the U.S. Department of Justice.
OpenAI, the maker of popular chatbot ChatGPT, announced that it has recently filed confidentially with the U.S. Securities and Exchange Commission for potential initial public offering, thus entering the IPO race by major players in the artificial intelligence or AI industry. The firm said it is yet to decide on the timing.
Amazon.com Inc. (AMZN) has struck a deal to buy billions of dollars' worth of optical fiber from Corning Incorporated over the coming years, all to back the fast growth of its U.S. data center infrastructure.
Italian coffee brand Lavazza is making its mark in the U.S. with Tablì, a new single-serve coffee system featuring compressed coffee tablets made entirely from ground coffee. This product was first introduced in Italy last year and is set to officially launch in the U.S. this coming August.
Stellantis N.V. (STLA) is pulling back over 1.3 million vehicles globally because of a possible fire hazard affecting certain Jeep Wrangler SUVs and Jeep Gladiator trucks.
Shares of Nuvalent, Inc. were surging around 39 percent in the pre-market activity on the Nasdaq, after the clinical-stage biopharma company focused on cancer therapies agreed to be acquired by British drug major GSK plc, in a deal valued at $10.6 billion or 8.0 billion pounds. Further, GSK maintained its 2026 guidance range of 7 percent to 9 percent growth in core operating profit and core EPS.
Motorpoint Group Plc (MOTR.L) announced a profit for its full year that Increased, from the same period last year The company's bottom line came in at GBP5.6 million, or GBP0.066 per share. This compares with GBP3.2 million, or GBP0.036 per share, last year. The company's revenue for the period...
Clarkson PLC (CKN.L), a provider of integrated shipping services, on Wednesday announced the appointment of Niamh Staunton as the new Chief Financial Officer or CFO, following a comprehensive selection process by its Nomination Committee. The company said that Staunton joins from BP Plc, where she...
WHSmith (SMWH.L) issued trading update for the 14 week period to 6 June 2026. Total revenue in the period increased by 5% on a constant currency basis versus the prior year and LFL revenue was up 2% from the prior year. WHSmith projects fiscal 2026 headline Group profit before tax and non-underlying...
Fuller,Smith&Turner PLC (FSTA.L) revealed a profit for full year that Drops, from last year The company's earnings totaled GBP21.2 million, or GBP0.3859 per share. This compares with GBP27.2 million, or GBP0.4698 per share, last year. Excluding items, Fuller,Smith&Turner PLC reported adjusted...
Kakiyasu Honten Co Ltd (2294.T) reported a profit for its full year that Increased, from the same period last year The company's earnings came in at JPY811 million, or JPY84.69 per share. This compares with JPY701 million, or JPY71.50 per share, last year. The company's revenue for the period...
On Tuesday, restaurant chain Nathan's Famous, Inc. (NATH), which is in $450 million deal to be merged with Smithfield Foods inc., reported lower profit in the fourth quarter of 2026. Meanwhile, adjusted EBITDA reported a steady growth in the same quarter. Net income for the fourth quarter dropped...
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.
Takeda Pharmaceutical Company Ltd. (TAK) announced that the U.S. Food and Drug Administration (FDA) has accepted its supplemental Biologics License Application or sBLA for intravenous ENTYVIO (vedolizumab) for the treatment of moderately to severely active ulcerative colitis (UC) and Crohn's disease...
Eli Lilly and Company (LLY) announced that the U.S. Food and Drug Administration (FDA) has approved an every-eight-week maintenance dosing schedule for EBGLYSS or lebrikizumab-lbkz (250 mg/2 mL) for subcutaneous use in adults and children 12 years of age and older who weigh at least 88 pounds (40 kg)...
Tuesday's top biotech gainers include Regentis, which provided an update on its single-step knee repair implant; Eloxx, after getting uplisted to the Nasdaq; Alignment Healthcare, following recent corporate disclosures, including restricted stock unit (RSU) grants to executives; and Cartesian, which inked a strategic licensing deal with WestGene, among others.
the CRL for its NDA of bitopertin in erythropoietic protoporphyria (EPP). The company confirmed alignment with the FDA that the ongoing Phase 3 APOLLO study, if successful, can serve as the basis for a CRL response and potentially support a traditional approval.
Cracker Barrel Old Country Store, Inc. (CBRL) on Tuesday reported higher third-quarter profit, helped by a one-time litigation settlement. The company raised its fiscal 2026 revenue outlook. For the third quarter, net income increased to $42.8 million, or $1.90 per share, from $12.6 million, or $0.56...
The Netherlands' industrial production growth accelerated to the highest level in three-and-a-half years. Industrial production advanced 4.7 percent year-on-year in April, faster than the 1.9 percent increase in March. The machinery industry once again achieved the largest increase in production, which surged by 21.6 percent.
China's consumer prices logged a steady growth in May and producer price inflation accelerated, official data showed Wednesday. Consumer prices increased 1.2 percent year-on-year in May, the same rate as seen in April, the National Bureau of Statistics said. This was slightly weaker than forecast...
Producer prices in Japan were up 0.9 percent on month in May, the Bank of Japan said on Wednesday. That exceeded expectations for an increase of 0.5 percent following the upwardly revised 2.8 percent jump in April (originally 2.3 percent). On a yearly basis, producer prices jumped 6.3 percent -...
China will on Wednesday release May figures for consumer and producer prices, highlighting a light day for Asia-Pacific economic activity. Inflation is expected to rise 1.3 percent on year, up from 1.2 percent in April; producer prices are seen higher by an annual 3.8 percent, up from 2.8 percent...
The Campbell's Company (CPB) will host a conference call at 9:00 AM ET on June 8, 2026, to discuss Q3 26 earnings results. To access the live webcast, log on to https://investor.thecampbellscompany.com To listen to the call, dial (800) 715-9871 (US) or (646) 307-1963 (International), Conference ID: 3623156.
Unibail-Rodamco-Westfield SE (URW.PA), a commercial real estate company, on Wednesday announced a conditional agreement to acquire the remaining 50% stake in Westfield UTC from its joint venture partner. The deal is subject to URW's share price and customary closing conditions and is expected to close...
Shattuck Labs, Inc. (STTK), a clinical-stage biotechnology company, on Wednesday revealed the pricing of its earlier announced public offering of 10.88 million shares of common stock at $4.00 per share. The company is also offering pre-funded warrants to purchase up to 7.87 million shares at $3.9999...