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,...

GSK plc ( GSK ) and Spero Therapeutics Inc ( SPRO ) on Wednesday announced that the pivotal phase 3 PIVOT-PO trial evaluating tebipenem HBr for complicated urinary tract infections (cUTIs) will stop early for efficacy.  Spero’s stock price was up 245.89% at last check Wednesday following the news. The decision follows a recommendation from an Independent Data Monitoring Committee...

11:24 AM EDT, 05/28/2025 (MT Newswires) -- Lululemon Athletica ( LULU ) could deliver fiscal Q1 EPS upside and reaffirm full year guidance against market expectations of a cut, Morgan Stanley said in an earnings preview on Wednesday. We anticipate sales-driven 1Q25 EPS upside, & for Americas sales/comp to be better-than-expected, the note said. The Q1 results are due June...

11:26 AM EDT, 05/28/2025 (MT Newswires) -- Cerence ( CRNC ) said Wednesday that it signed a strategic partnership with Arm to use its Arm Kleidi software library to enhance the performance of the company's embedded small language model, CaLLM Edge. Kleidi helps accelerate machine learning and optimize neural network operations on Arm-based devices, the company said. Under the partnership,...