Warner Bros. Discovery Remains 'Hopeful' It Can Keep NBA Rights

The cable-network owner's chief executive said the company has the ability to match third-party offers for NBA packages. 


 
Norfolk Southern Chief Survives Activist's Push to Oust Him

The activist investor, Ancora Holdings, did score a partial victory, as shareholders voted to replace three members of the company's 13-person board. 


 
Yeti's stock heads for best day in 9 months after earnings beat, raised outlook

Yeti's stock powered higher in Thursday's premarket, after the drinkware and outdoor-products maker beat first-quarter earnings expectations and raised its full-year outlook, amid strength in coolers and international sales. 


 
Planet Fitness' stock slides 11% after gym operator lowers guidance

Planet Fitness Inc.'s stock fell 11% early Thursday, after the operator of fitness centers lowered its full-year guidance to reflect a more cautious consumer that led first-quarter revenue to fall slightly short of estimates. 


 
Six Flags' stock soars as investors look past theme-park operator's loss to focus on strong start to season

Six Flags Entertainment Corp.'s stock reversed early losses to trade up 6% Thursday as investors looked past a wider-than-expected first-quarter loss and revenue shortfall to focus on a positive setup for the summer season. 


 
Warby Parker's stock sees biggest gain since 2022 after raised guidance

Warby Parker Inc.'s stock was on track to open higher Thursday, after the maker of eyewear raised its full-year revenue guidance and offset a first-quarter loss. 


 
Sam Ash Files for Bankruptcy

The renowned musical-instruments retailer will close all its stores and is evaluating a potential sale of its e-commerce operations, intellectual property and wholesale business in chapter 11. 


 
Spain's BBVA Goes Hostile in Pursuit of Smaller Banking Rival Sabadell

Its $12 billion-plus stock offer faced immediate opposition from the Spanish government. 


 
Roblox Earnings Beat Expectations. Why the Stock Is Tumbling.

The videogame platform posted a narrower-than-expected quarterly loss and saw bookings rise sharply from a year ago. 


 
Novo Nordisk Sets Sights on a Long-Lasting Successor to Its Weight Loss Blockbuster

The company will collaborate with a biotech founded by Flagship Pioneering, the venture capital firm that created Moderna.


(END) Dow Jones Newswires

05-09-24 1315ET