Dow Jones Newswires: Sculptor Capital rejects bid from consortium, plans to proceed with Rithm merger
Sculptor Capital Management has reviewed and rejected a series of proposals for the company ahead of its planned merger with Rithm Capital.
Earnings Results: CrowdStrike logs earnings beat, citing AI traction
CrowdStrike Holdings Inc. topped expectations with its results and outlook for the latest quarter.
Earnings Watch: Chewy says customers are becoming more ‘discerning,’ but shares rally on surprise profit
Shares of Chewy Inc. were up after hours after the online pet-supplies retailer reported a surprise second-quarter profit and sales that beat expectations.
: FDA warns three baby-formula makers about production violations
The FDA Wednesday sent warning letters to three baby-formula makers as part of what the agency called enhanced oversight of a product plagued by recalls...
Dow Jones Newswires: Canopy Growth amends agreement to buy remaining stake of Les Serres Vert Cannabis
Canopy Growth owns 55% of Les Serres Vert Cannabis. If the deal is completed, Canopy Growth will own the entire company.
: Five Below lowers guidance to account for ‘shrink’
Shares of Five Below Inc. FIVE dropped more than 5% in the extended session Wednesday after the retailer reported second-quarter sales that missed Wall Street...
: Costco e-commerce sales drop 2.5% in August
Costco Wholesale Corp.’s COST August sales rose 5% to $18.42 billion, from $17.55 billion in August 2022, the company said Wednesday. Same-store sales rose 3.4%,...
: Viavi CFO resigns
Viavi Solutions Inc. VIAV on Wednesday announced its board of directors accepted the resignation of Henk Derksen as chief financial officer, effective Aug. 25. Derksen...
: Altman, Zuckerberg headline Sen. Schumer’s Who’s Who list for AI summit in September
OpenAI’s Sam Altman, Mark Zuckerberg of Meta Platforms Inc. META , Tesla Inc.’s TSLA Elon Musk, Microsoft Corp.’s MSFT Satya Nadella, and Alphabet Inc.’s GOOGLGOOG...