01:46 PM EDT, 05/17/2024 (MT Newswires) -- Telefonica SA ( TEF ) and H.I.G. Capital are among the suitors considering bids for Spain's Avatel Telecom, Bloomberg reported Friday, citing people with knowledge of the matter. Price: 4.46, Change: +0.03, Percent Change: +0.68 ...

01:49 PM EDT, 05/17/2024 (MT Newswires) -- Salesforce ( CRM ) likely has fewer catalysts heading into fiscal first-quarter results despite stable demand, though the software maker appears to be in a solid position ahead of generative artificial intelligence product adoption in the medium term, Morgan Stanley said Friday. The company is scheduled to release first-quarter results May 29. Morgan...

01:34 PM EDT, 05/17/2024 (MT Newswires) -- Consumer stocks were mixed Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) decreasing 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 0.2%. In corporate news, GameStop ( GME ) shares tumbled 25% after reporting preliminary results that pointed to a sharp year-over-year decline in fiscal Q1 sales,...

(Amgen ( AMGN ) correction to pricing estimate in paragraph 4) May 16 (Reuters) - The U.S. Food and Drug Administration on Thursday granted accelerated approval to Amgen's ( AMGN ) tarlatamab, a targeted immunotherapy for adults in the advanced stages of hard-to-treat small cell lung cancer that has worsened despite chemotherapy. The drug, marketed under the name Imdelltra, is...