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Golden Ocean Tops Q1 Estimates; Says Outlook For Rest Of The Year Is Positive

By Lekha Gupta
May 16, 9:43 AM
Golden Ocean Group Ltd (NASDAQ:GOGL) reported a Q1 2023 revenue of $196.5 million exceeding the consensus of $115.00 million.  The…

GOGL

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Truce!! Shake Shack Reaches Agreement With Activist Investor Engaged Capital

By Shivani Kumaresan
May 16, 9:12 AM
Shake Shack Inc (NYSE:SHAK) has entered a cooperation agreement with Engaged Capital, LLC,  one of its largest stockholders. As part of…

DPZ

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ARKO Boosts Share Buyback By $50M

By Shivani Kumaresan
May 16, 8:59 AM
ARKO Corp (NASDAQ:ARKO) said its Board of Directors increased the company’s previously authorized share repurchase program by an additional $50 million.…

ARKO

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BD Scores FDA Approval For Artificial Intelligence Software To Interpret Bacterial Growth

By Nabaparna Bhattacharya
May 16, 8:46 AM
The FDA has granted 510(k) clearance to Becton, Dickinson And Company’s (NYSE:BDX) BD Kiestra Methicillin-resistant Staphylococcus aureus (MRSA) imaging application. Staphylococcus aureus…

BDX

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On Holding Clocks 78% Sales Growth In Q1 On Brand Momentum

By Nabaparna Bhattacharya
May 16, 8:34 AM
On Holding AG (NYSE:ONON) reported first-quarter FY23 sales growth of 78.3% year-on-year to CHF 420.2 million, compared to CHF 235.7…

ONON

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Is Tesla Following Apple’s Look-Beyond-China Move? Musk’s Deputies To Reportedly Visit India This Week

By Shanthi Rexaline
May 16, 8:30 AM
Tesla, Inc. (NASDAQ:TSLA) hasn’t given up its quest to set up a base in India, and if reports…

AAPL

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Morgan Stanley To Lay Off 7% Of Asia Investment Bank Jobs: Report

By Akanksha Bakshi
May 16, 8:17 AM
Morgan Stanley (NYSE: MS) is considering reducing its Asia-Pacific investment banking personnel by 7%, with China bearing the brunt of the cuts.

MS

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Stellantis Acquires 33% Stake In Hydrogen Mobility Firm Symbio

By Shivani Kumaresan
May 16, 7:58 AM
Stellantis NV (NYSE:STLA) has signed a binding agreement to acquire a 33.3% stake in Symbio, a zero-emission hydrogen mobility company.…

MGDDY

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Cramer Thrilled As Warren Buffett Syncs With His New Bank Stock Pick: ‘Told You That’s One Well Run Outfit’

By Shanthi Rexaline
May 16, 7:56 AM
Warren Buffett-run Berkshire Hathaway’s 13F filed with the SEC late Monday showed that the firm COF). What Happened:…

COF

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Philips Says Test Results Show Recalled Sleep Devices Unlikely To Cause Harm

By Lekha Gupta
May 16, 7:36 AM
Koninklijke Philips NV (NYSE:PHG) released an update on a comprehensive test and research program related to the recalled respiratory devices. …

PHG

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