US Stock Reports, Quotes and News
(Reuters) – Disney Entertainment and ESPN Chief Technology Officer Aaron LaBerge would step down from the position and join gaming and sports media firm Penn Entertainment, according to a memo seen by Reuters on Monday.
Novartis (SIX:NOVN) (NVSEF) shares surged 4.7% in European trading Tuesday after the Swiss pharmaceutical company's release of impressive first-quarter results.
Investing.com– Most Asian stocks rose on Monday, rebounding from steep losses in the prior week amid growing bets that a conflict between Iran and Israel will not worsen, although sentiment still remained on edge.
(Reuters) -The holding company of Italy\’s Agnelli family has overseen a shakeup at the top of two of its major industrial groups, with Scott Wine quitting his post as CEO of farm and construction machinery group CNH to be replaced by Iveco boss Gerrit Marx.
By Roshan Abraham and Harshita Mary Varghese
Investing.com — The blockbuster sale of legendary Paramount Global (NASDAQ:PARA) to David Ellison\’s Skydance Media may be at significant risk of falling short as Sony (NYSE:SONY) and Apollo Global Management (NYSE:APO) prepare to make \”a significantly better offer that will benefit all shareholders of the company,\” an insider told Investing.com exclusively this morning.
(Reuters) – Shares of Donald Trump\’s media and technology company were up more than 3% on Friday after it asked the Nasdaq exchange to help prevent \”naked\” short-selling in its shares.
Investing.com– Asian chipmaking stocks fell sharply on Friday after sector major TSMC flagged a weak outlook for the semiconductor industry, even as demand from artificial intelligence helped the firm clock stronger first-quarter earnings.
Jefferies analysts lowered their rating on Ulta Beauty (NASDAQ:ULTA) from Buy to Hold, citing “a more cautious view” of mid-single-digit comparable sales growth due to intensifying competition, maturing brand mix, “and a normalizing category.”