10:24 AM EDT, 08/07/2025 (MT Newswires) -- CorMedix ( CRMD ) shares fell by nearly 13% early Thursday after the company said it agreed to acquire Melinta Therapeutics for about $300 million in cash and stock. Under the terms, CorMedix ( CRMD ) will pay $260 million in cash and $40 million in shares, with Melinta selling shareholders also eligible...

10:22 AM EDT, 08/07/2025 (MT Newswires) -- Restaurant Brands International's (QSR) second-quarter earnings missed Wall Street's estimates even as comparable sales rose more than expected amid gains at Tim Hortons and Burger King. Adjusted per-share earnings rose to $0.94 from $0.86 a year earlier, but trailed the FactSet-polled consensus of $0.97. Revenue increased to $2.41 billion from $2.08 billion, ahead...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

10:23 AM EDT, 08/07/2025 (MT Newswires) -- Toro (TTC) said Thursday it sold its Trencor equipment brand and auger boring product category under the American Augers label to an unnamed buyer. The company said Trencor's divestiture includes assets tied to the company's full line of large-track trenchers and mining equipment. Toro said it will continue manufacturing American Augers line of...