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,...

11:31 AM EDT, 08/07/2025 (MT Newswires) -- Genmab ( GMAB ) shares rose more than 5% in recent Thursday trading after the company reported Q2 net profit of $5.42 per diluted share, up from $3.13 a year earlier. Revenue for the quarter ended June 30 was $925 million, up from $779 million a year earlier. Analysts polled by FactSet expected...

11:29 AM EDT, 08/07/2025 (MT Newswires) -- Valvoline's ( VVV ) comparables are expected to accelerate from Q2 through Q4 of fiscal 2026, backed by both transaction and ticket growth, after seemingly reaching its lowest level in Q3 of fiscal 2025 in several years, Morgan Stanley said in a note emailed Thursday. Morgan Stanley analysts said the automotive services provider's...

11:31 AM EDT, 08/07/2025 (MT Newswires) -- Shopify's ( SHOP ) strong Q2 results, with revenue and gross merchandise value both growing by 31% year-over-year, were driven by strong international expansion, enterprise adoption, and offline retail growth, Morgan Stanley said in a report Thursday. Shopify ( SHOP ) reported Q2 non-GAAP earnings of $0.35 per share on revenue of $2.68...