Steel Partners Holdings (NYSE:SPLP) reported quarterly earnings of $3.52 per share. This is a 245.1 percent increase over earnings of $1.02 per share from the same period last year. The company reported $441.40 million
Becton Dickinson and Co's (NYSE: BDX) unit, C.R. Bard Inc, was ordered to pay $4.8 million in a lawsuit related to its hernia repair mesh. The company faces more than 30,000 similar lawsuits over its mesh hernia repair devices.
The CNN Money Fear and Greed index showed further improvement in the overall market sentiment, with the index moving to the "Extreme Greed" zone on Wednesday.
U.S. stocks closed higher on Wednesday, with the S&P 500 index edging closer to the 5,000 mark. The index first breached the 4,000 mark in April 2021.