06:41 AM EDT, 07/29/2024 (MT Newswires) -- Abbott Laboratories ( ABT ) was ordered to pay $495 million by a jury over claims it failed to disclose the risk that its Similac premature infant formula can cause a potentially fatal bowel disease, the Wall Street Journal reported late Friday. The Chicago-based nutritional products company was accused of failing to highlight...

06:47 AM EDT, 07/29/2024 (MT Newswires) -- Integra LifeSciences Holdings ( IART ) reported Q2 adjusted earnings Monday of $0.63 per diluted share, down from $0.71 a year earlier. Analysts polled by Capital IQ expected $0.62. Revenue for the quarter ended June 30 was $418.2 million, up from $381.3 million a year earlier. Analysts polled by Capital IQ expected $413.1...

06:53 AM EDT, 07/29/2024 (MT Newswires) -- Revvity ( RVTY ) reported Q2 adjusted earnings Monday of $1.22 per diluted share, up from $1.21 a year earlier. Analysts polled by Capital IQ expected $1.12. Revenue for the quarter ended June 30 was $691.7 million, compared with $709.1 million a year earlier. Analysts surveyed by Capital IQ expected $689.2 million. The...

06:50 AM EDT, 07/29/2024 (MT Newswires) -- Alibaba Group Holding ( BABA ) shares rose 3% in pre-market activity on Monday following news of a change in company policy to earn more service fees from merchants, Bloomberg News reported Monday, citing a person familiar with the matter. The company will start charging a basic software service fee of 0.6% on...