Vivendi Mulls Universal Music Spin-Off, Special Dividend Distribution

Vivendi is mulling a plan to spin-off its subsidiary, Universal Music Group (UMG) via a listing and distribute 60% of the share capital …

Bio-Rad 4Q Sales Top Estimates Driven By COVID-19 Demand

Bio-Rad Laboratories outperformed fourth-quarter earnings and sales estimates as the life science research and clinical diagnostic company benefited from strong demand for its …

HubSpot Pops 16% After-Market On Blowout Quarterly Profit

Shares of HubSpot spiked 16% in Thursday’s extended trading session after the customer management software company’s quarterly profit blew past the Street consensus. …

Kraft Heinz To Sell Nuts Business To Hormel Foods For $3.35B

Kraft Heinz has agreed to sell its nuts business to Hormel Foods Corp. in a cash deal valued at $3.

Tenet Healthcare’s 4Q Profit Tops Analysts’ Estimates; Street Says Buy

Tenet Healthcare posted fourth-quarter results, which exceeded analysts’ expectations. The healthcare provider reported earnings per share (EPS) of $4.

TG’s Ukoniq Gets FDA Nod For Lymphoma Therapies; Shares Pop 12%

Shares of TG Therapeutics spiked 12% on Feb. 5 after the US Food and Drug Administration (FDA) approved Ukoniq (umbralisib), its investigational compound, …

J&J Files For FDA Approval Of COVID-19 Vaccine; Street is Bullish

Johnson & Johnson has submitted an application to the US Food and Drug Administration (FDA) for emergency use authorization (EUA) of its investigational …

Skechers Dips 4.6% On 4Q Profit Miss

Shares of Skechers USA dropped 4.6% in Thursday’s extended trading session after the footwear company’s fourth-quarter earnings missed the Street’s estimates.

Tesla To Recall 134,941 Cars Due To Faulty Touchscreen Issue

Tesla has backed down to US regulators and will recall 134,941 Tesla Model S sedans and Model X SUVs due to a safety …

Nokia Says It’s Unaware Of Reason For Share Rally; Street Sees 33% Downside

Shares of Nokia popped more than 38% on Jan. 27, taking their gain over the past five days to a whopping 55%.

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