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Shares of aerospace and electronics company HEICO Corporation (HEI) are climbing more than 6% Wednesday followed by better-than-expected second-quarter results.

Shares of Fly Leasing Ltd. (FLY) are gaining more than 20 percent or $1.64 in Wednesday's morning trade at $9.79 despite no stock-specific news. The stock has traded in a range of $3.41 to $23.21 in the past 52 weeks. U.S. stocks are rising on Wednesday amid continued optimism about the reopening...

Shares of Simon Property Group, Inc. (SPG) are rising more than 4% Wednesday morning at $62.06.

Shares of Mersana Therapeutics, Inc. (MRSN) jumped over 30% on Wednesday morning after the pharma company reported positive data from phase 1 study of its cancer drug. MRSN is currently trading at $14.05, up $3.29 or 30.58%, on the Nasdaq. The clinical-stage biopharmaceutical on Wednesday reported...

Shares of Essent Group Ltd. (ESNT) are climbing more than 12 percent or $4.09 in Wednesday's morning trade at $36.87. The stock has traded in a range of $17.52 to $55.84 in the past 52 weeks. Hamilton, Bermuda-based Essent Group offers mortgage insurance, reinsurance, and risk management products. Tuesday,...

walmart may27 Retail giant Walmart Inc. is entering the fashion resale market through its partnership with thredUP, an online consignment store for second-hand fashion and accessories. The deal will enable Walmart to expand its online fashion offerings. Walmart said that starting Wednesday, customers can browse nearly 750,000 pre-owned items across women's and children's clothing, accessories and footwear.

Nokia Corp. (NOK) said the company's AGM supported all the Board's proposals by at least 86 percent of the votes cast and rejected the shareholder's proposal on an amendment of the Articles of Association. The AGM decided that no dividend is paid for the fiscal year 2019. The AGM resolved to elect...

RCI Hospitality Holdings Inc. (RICK) said that it has reopened 32 locations with the easing of COVID-19 pandemic related restrictions. As of on May 22, all 10 Bombshells restaurants, which are based in Texas, moved to 50% interior occupancy with no outdoor patio restrictions from 25% with no patio...

Savant Systems Inc. said that it agreed to buy GE Lighting, a division of General Electric Co (GE). Financial details of the transaction were not disclosed. The proposed transaction includes a long-term licensing agreement for use of the GE brand. GE Lighting's portfolio includes home lighting and...

Ironwood Pharmaceuticals, Inc. (IRWD) reported that its Phase II trial evaluating MD-7246 in adult patients with abdominal pain associated with irritable bowel syndrome with diarrhea did not meet primary or key secondary endpoints. Ironwood and AbbVie plan to discontinue the development of MD-7246. MD-7246...

While reporting its financial results for the fourth quarter on Wednesday, luxury fashion house Ralph Lauren Corp. (RL) said it is suspending all future guidance, due to the high level of uncertainty and evolving situation surrounding COVID-19 pandemic. The company added that it expects financial...

VistaGen Therapeutics (VTGN) and Nuformix plc (NFX.L) have agreed to develop cocrystal-based formulations of VistaGen's CNS product candidates. VistaGen and Nuformix initially will apply Nuformix's proprietary technology platform to develop patentable new crystalline forms of AV-101 that may have superior...

Gilead Sciences, Inc. (GILD) and oncology-focused bio-pharmaceutical company Arcus Biosciences, Inc. (RCUS) said Wednesday that they have entered into a 10-year partnership to co-develop and co-commercialize current as well as future therapeutic product candidates in Arcus's pipeline. The agreement will...

Bristol Myers Squibb (BMY) announced Wednesday that the European Commission (EC) has approved Zeposia (ozanimod) for the treatment of adult patients with relapsing remitting multiple sclerosis (RRMS) with active disease as defined by clinical or imaging features. With the EC marketing authorization,...

Papa John's International, Inc. (PZZA) announced preliminary estimated comparable sales information for the May fiscal period. For the period from Apr. 27, 2020, to May 24, 2020, comparable sales growth at system-wide North America restaurants was 33.5%. System-wide international restaurants recorded...

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