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Vicor Corp. (VICR) Thursday reported first-quarter net income of $15.1 million or $0.34 per share, compared to a net loss of $1.7 million or $0.04 per share last year. Revenues for the first quarter surged 40.1% to $88.8 million from $63.4 million last year. Analysts polled by Thomson Reuters estimated...

GlaxoSmithKline plc (GSK) Thursday said US Food and Drug Administration has approved Jemperli for endometrial cancer, based on the company's Biologics License Application. Jemperli is indicated for the treatment of adult patients with mismatch repair-deficient recurrent or advanced endometrial cancer....

Carlisle Companies Inc. (CSL) on Thursday posted first-quarter net income of $52.2 million or $0.97 per share, down from $61.8 million or $1.09 per share in the year-ago quarter. Earnings were affected by lower operating results in the Carlisle Interconnect Technologies segment and higher corporate...

Shares of Skechers U.S.A. Inc. (SKX) jumped nearly 9% in extended trading session on Thursday after the sports footwear and apparel maker reported a first-quarter results that trounced Wall Street estimates. First-quarter profit surged to $98.6 million or $0.63 per share, up from $49.1 million or...

Shares of Snap Inc. (SNAP) gained nearly 5% in extended trading session on Thursday after the company's first-quarter earnings and revenues trumped Wall Street analysts' estimates, driven by strong user growth. First-quarter net loss was $286.9 million or $0.19 per share, narrower than last year's...

American toy manufacturer Mattel Inc. (MAT) on Thursday posted first-quarter loss of $115.2 million or $0.33 per share, compared to loss of $210.7 million or $0.61 per share in the same period last year. Adjusted loss per share was $0.10 per share, compared to loss of $0.56 per share in the year-ago...

Silicon Laboratories Inc (SLAB) Thursday said it has agreed to sell its infrastructure and automotive business to Skyworks Solutions Inc. (SWKS) for $2.75 billion. Shares of Silicon Laboratories jumped 6% following the news. The deal includes Silicon Labs' power/isolation, timing and broadcast products,...

Amazon Inc. (AMZN) may be finally bringing its cashierless grocery store technology to larger supermarkets as an area in Connecticut was spotted having similar features as of Amazon Go stores, like entry and exit gates, ceiling mounted racks for camera arrays and also space for server racks. Although...

Italian energy company Enel Group on Tuesday announced plans to widen its power distribution business in the American market. The company said that it will invest 16.2 billion euros or $19.52 billion in distribution networks in the coming two years, and a sum of 60 billion euros or $72.2 billion by...

French mass media conglomerate Vivendi SA (VIV.L, VIVEF.PK) Thursday said its revenues for the first quarter increased about 1 percent to 3.90 billion euros from 3.87 billion euros last year. Revenues grew 5.2 percent at constant currency rates, and the growth was 5.0 percent at constant currency...

Vinci SA (VCISY.PK) Thursday reported first-quarter revenues of 10.2 billion euros, up 5% from last year. Vinci Energies rose 7 percent, Vinci Construction, including Eurovia, gained 10%, Vinci Autoroutes reported stable revnues, while Vinci Airports plunged 70% due to global Covid-19 crisis.

Mortgage rates, or interest rates on home loans, dropped below 3% for the first time since February, according to mortgage provider Freddie Mac (FMCC.OB). Releasing the results of its primary mortgage market survey, Freddie Mac said that the 30-year fixed-rate mortgage or FRM averaged 2.97 percent...

Biopharmaceutical company AbbVie (ABBV) Thursday said Health Canada has approved Humira (adalimumab) for inducing and maintaining clinical remission in pediatric patients five years of age and older with moderately to severely active ulcerative colitis. With this approval, Humira offers pediatric...

Communication device company Tessco Technologies Inc. (TESS) on Thursday announced the appointment of Jesse Hillman as the new Chief Information Officer or CIO. Hillman most recently served as Vice President of Information Technology at LightBox Holdings, where he oversaw security, compliance, risk,...

Responding to the recent statement from Hartford, Chubb Ltd. (CB) said Thursday that it is disappointed that The Hartford has chosen not to engage in discussions regarding a strategic business combination. Chubb said, "we want to repeat that our shareholders demand of us, and we demand of ourselves,...

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