Aug 7 (Reuters) - The summer Olympics is turning out to be a rare win for Nike ( NKE ) as the global sporting event has helped boost demand for the sportswear giant's new launches and edge out competition, website searches from research firm Similarweb showed. In the opening week of the Olympics, from July 26 to August 1, Nike...

By Puyaan Singh Aug 7 (Reuters) - Contract drug developer Charles River Laboratories ( CRL ) cut its annual forecasts on Thursday as it warned of worsening demand from drugmakers and a persistently low appetite for clinical trials from biotech companies. Shares of the company crashed 16.2% to $191.84, putting them on track for their worst day in over four...

New York Times Company ( NYT ) shares are trading higher Wednesday after the company reported its second-quarter financial results. Here's a look at the details from the report. The Details: New York Times ( NYT ) reported quarterly earnings of 45 cents per share which beat the analyst consensus estimate by 12.5%. Quarterly sales came in just below estimates...

12:26 PM EDT, 08/07/2024 (MT Newswires) -- Vertex (VERX) said Wednesday it will acquire Ecosio, which provides electronic data interchange and e-invoicing integration services, in a deal valued at up to $180 million. The transaction includes an upfront cash payment of $69 million, a targeted earnout of $76 million in cash, and $35 million of Vertex's shares over the next...