Sarepta Therapeutics Inc ( SRPT ) shares are soaring in Wednesday’s after-hours session after the company announced a strategic restructuring and cost-cutting measures. What To Know: After the market close on Wednesday, Sarepta Therapeutics ( SRPT ) introduced a strategic restructuring plan that involves focusing on high-value, high-impact programs and supporting long-term financials. Sarepta said it initiated immediate changes to...

05:00 PM EDT, 07/16/2025 (MT Newswires) -- First Industrial Realty Trust ( FR ) reported Q2 funds from operations late Wednesday of $0.76 per diluted share, up from $0.66 a year earlier. Analysts polled by FactSet expected $0.73. Revenue in the three months ended June 30 rose to $180.2 million from $164.1 million a year earlier. Analysts surveyed by FactSet...

05:00 PM EDT, 07/16/2025 (MT Newswires) -- Sarepta Therapeutics ( SRPT ) said late Wednesday it's launching a restructuring plan that includes cutting expenses, delivering $400 million in annual cost savings, and implementing a 36% workforce reduction of about 500 employees. The company said the plan is designed to keep access to its $600 million revolving credit facility and generate...

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,...