(Updates headline and subheads) WASHINGTON, May 7 (Reuters) - TikTok and its owner Bytedance on Tuesday sued to stop a law that would give its Chinese parent about a year to divest the U.S. assets of the short-video app, or face a nationwide ban. Here is a look at the effort to ban the app. WHY ARE US OFFICIALS FORCING...

02:44 PM EDT, 05/07/2024 (MT Newswires) -- JELD-WEN Holding ( JELD ) reported late Monday a decline in its fiscal Q1 adjusted earnings and revenue as well as a cut in its fiscal 2024 sales guidance. The company's shares were down nearly 24%, with intraday trading volume at over 2.3 million shares versus a daily average of about 645,000. Beyond...

Financial giants have made a conspicuous bearish move on Visa. Our analysis of options history for Visa revealed 18 unusual trades. Delving into the details, we found 44% of traders were bullish, while 50% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $319,414, and 12 were calls, valued at $526,839. What's...

02:43 PM EDT, 05/07/2024 (MT Newswires) -- NVR (NVR) said Tuesday that its board authorized stock repurchase of up to $750 million, with no expiration date. The company's shares were up 1% in recent trading. Price: 7696.85, Change: +72.02, Percent Change: +0.94 ...