(Reuters) - Taylor Swift's music label Universal Music Group holds its first capital markets day on Tuesday, nearly two months after it posted lower-than-expected second quarter streaming and subscription revenue, knocking 24% off its share price. Analysts have stressed the importance of the event at London's Abbey Road studios as an opportunity for UMG to spell out how it plans...

12:18 PM EDT, 09/16/2024 (MT Newswires) -- Gaucho Group Holdings ( VINO ) said Monday it expects to save $1.6 million over the next 12 months through a restructuring and cost reduction strategy. Over the past year, the company said it has realigned many operational roles and functions to Argentina from the US, benefiting from the more favorable cost of...

12:19 PM EDT, 09/16/2024 (MT Newswires) -- (Updates with stock move in the headline and first paragraph.) Nuvalent ( NUVL ) shares jumped 22% in recent Monday trading after the company said data from clinical studies of zidesamtinib and NVL-655 to treat patients with non-small cell lung cancer showed favorable tolerability. The company said Saturday the parallel phase 1/2 trials...

Sept 16 (Reuters) - Taylor Swift's music label Universal Music Group holds its first capital markets day on Tuesday, nearly two months after it posted lower-than-expected second quarter streaming and subscription revenue, knocking 24% off its share price. Analysts have stressed the importance of the event at London's Abbey Road studios as an opportunity for UMG to spell out how...