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Viatris' pain drug meets main goals of two late-stage trials
May 8 (Reuters) - Viatris' VTRS.O fast-acting form of generic pain drug meloxicam met the main goals of two late-stage studies, the company said on Thursday, adding that it would seek the US FDA's marketing approval for the drug by the end of the year.The company's shares were up 1.6% in...Reuters
Thu, May 8
Exclusive: Cincinnati binder first to back Yokahu's catastrophe risk exchange
By Henry GaleMay 6 - (The Insurer) - Cincinnati will start underwriting parametric natural catastrophe risks at Lloyd's through a partnership with Yokahu, the companies told Parametric Insurer.The arrangement is the first binding authority agreement with full authority on Yokahu's many-to-ma...Reuters
Thu, May 8
Warner Bros Discovery misses revenue estimates on box office weakness
May 8 (Reuters) - Warner Bros Discovery WBD.O missed first-quarter revenue estimates on Thursday, weighed down by a lack of big box office hits from its studio and weakness in its traditional TV business as consumers continued to abandon cable for streaming.Revenue fell 10% in the first three months...Reuters
Thu, May 8
Canada's Shopify sees second-quarter revenue above market estimates
May 8 (Reuters) - Shopify SHOP.TO, SHOP.O forecast second-quarter revenue above Wall Street estimates on Thursday, signaling the e-commerce company was steadily pulling in sellers even as global trade uncertainty threatens to hit retail businesses. The Ontario, Canada-based company said it expects r...Reuters
Thu, May 8
London market insurers pile in on parametrics
By Henry GaleMay 7 - (The Insurer) - The London market has often been at the forefront of covering risks too complex or unusual for standard insurance products. In recent years, these have included some parametric policies.FloodFlash’s sensor-triggered flood coverage was backed by Everest’s Lloyd’s ...Reuters
Thu, May 8
ConocoPhillips reports first-quarter profit beat
May 8 (Reuters) - ConocoPhillips COP.N beat Wall Street estimates for first-quarter profit on Thursday, as the Texas-based oil and gas producer benefited from higher production.On an adjusted basis, ConocoPhillips reported a profit of $2.09 per share for the three months ended March 31, compared wit...Reuters
Thu, May 8
Peloton raises 2025 revenue forecast, counts on video subscriber growth
May 8 (Reuters) - Fitness company Peloton Interactive PTON.O raised its 2025 revenue forecast on Thursday, banking on an increase in subscriptions for its instructional videos to offset slowing demand for its exercise equipment. Peloton, which makes equipment such as spin bikes and treadmills, has b...Reuters
Thu, May 8
Kenvue first-quarter results beat estimates on strength in self care unit
May 8 (Reuters) - Kenvue KVUE.N beat analysts' expectations for first-quarter profit and revenue on Thursday, as strong demand for its self-care products including cough and cold medicines Tylenol and Benadryl helped offset a fall in demand for its skin health and beauty products.Reuters
Thu, May 8
StanChart says its trade business resilient to Trump tariff disruption
By Lawrence White LONDON, May 8 (Reuters) - Standard Chartered STAN.L on Thursday sought to reassure investors that its business can cope with disruption to global trade after pressure on the trade-focused bank's share price following U.S. President Donald Trump's tariffs announcements.&#...Reuters
Thu, May 8
Viatris Announces Positive Top-Line Results From Two Pivotal Phase 3 Studies Of Novel Fast-Acting Meloxicam (Mr-107A-02) For The Treatment Of Moderate-To-Severe Acute Pain
May 8 (Reuters) - Viatris Inc VTRS.O:VIATRIS ANNOUNCES POSITIVE TOP-LINE RESULTS FROM TWO PIVOTAL PHASE 3 STUDIES OF NOVEL FAST-ACTING MELOXICAM (MR-107A-02) FOR THE TREATMENT OF MODERATE-TO-SEVERE ACUTE PAINVIATRIS INC: ALL PRIMARY AND SECONDARY ENDPOINTS WERE MET IN BOTH PHASE 3 STUDIESVIATRIS INC...Reuters
Thu, May 8
Montfort Capital Announces Delay In Filing Annual Financial Statements And MD&A, Issuance Of Cease-Trade Order
May 8 (Reuters) - Montfort Capital Corp MONT.V:MONTFORT CAPITAL ANNOUNCES DELAY IN FILING ANNUAL FINANCIAL STATEMENTS AND MD&A, ISSUANCE OF CEASE-TRADE ORDERMONTFORT CAPITAL CORP - DELAY DUE TO DISPOSITION OF BRIGHTPATH CAPITALReuters
Thu, May 8
Jumia Technologies AG QTRLY Revenue Of $36.3 Million
May 8 (Reuters) - Jumia Technologies AG 4JMAy.F:JUMIA TECHNOLOGIES AG QTRLY REVENUE OF $36.3 MILLIONJUMIA TECHNOLOGIES AG: EXPECT TO ACHIEVE BREAKEVEN IN 4Q 2026JUMIA TECHNOLOGIES AG: RAISED FULL-YEAR 2025 GUIDANCE: LOSS BEFORE INCOME TAX NOW EXPECTED TO BE $50–55 MILLIONJUMIA TECHNOLOGIES AG: 2026 ...Reuters
Thu, May 8
Somnigroup International Inc. Reports First Quarter Results
May 8 (Reuters) - Somnigroup International Inc SGI.N:. REPORTS FIRST QUARTER RESULTSOUTLOOK FY25 ADJUSTED EPS $2.30 TO $2.65.: QTRLY NET SALES $ 1,604.7 MILLION: QTRLY ADJUSTED EPS $0.49Q1 EARNINGS PER SHARE VIEW $0.47, REVENUE VIEW $1.63 BILLION -- LSEG IBES DATAFY2025 EARNINGS PER SHARE VIEW $2....Reuters
Thu, May 8
Merck Animal Health And State Of Kansas Announce $895 Million Investment In Manufacturing And Research & Development Facilities In De Soto
May 8 (Reuters) - Merck & Co Inc MRK.N:MERCK ANIMAL HEALTH AND STATE OF KANSAS ANNOUNCE $895 MILLION INVESTMENT IN MANUFACTURING AND RESEARCH & DEVELOPMENT FACILITIES IN DE SOTOMERCK ANIMAL HEALTH AND STATE OF KANSAS ANNOUNCE $895 MILLION INVESTMENT IN MANUFACTURING AND RESEARCH & DEVELO...Reuters
Thu, May 8
Consello Forms New Salford City Ownership Group Alongside David Beckham And Gary Neville
May 8 (Reuters) - CONSELLO FORMS NEW SALFORD CITY OWNERSHIP GROUP ALONGSIDE DAVID BECKHAM AND GARY NEVILLECONSELLO: SALFORD CITY FC'S ADDITIONAL OWNERS INCLUDE DREAM SPORTS GROUP , COLIN RYAN , FRANK RYAN , NICK WOODHOUSE, SHRAVIN MITTALReuters
Thu, May 8
Viatris Announces Positive Results From Phase 3 Study Of Investigational Xulane Lo™ Low Dose Patch For Birth Control In Women Of Childbearing Potential
May 8 (Reuters) - Viatris Inc VTRS.O:VIATRIS ANNOUNCES POSITIVE RESULTS FROM PHASE 3 STUDY OF INVESTIGATIONAL XULANE LO™ LOW DOSE PATCH FOR BIRTH CONTROL IN WOMEN OF CHILDBEARING POTENTIALVIATRIS INC - NDA SUBMISSION TO FDA EXPECTED IN SECOND HALF OF 2025VIATRIS INC - FAVORABLE SAFETY PROFILE WITH M...Reuters
Thu, May 8
