06:20 AM EDT, 05/24/2024 (MT Newswires) -- (Updates with the stock move in the headline and the first paragraph.) Workday (WDAY) shares were down 12% in premarket activity on Friday after the company cut its fiscal 2025 subscription-revenue guidance, taking the shine out of its Q1 earnings and revenue beat. The company reported fiscal Q1 non-GAAP net income late Thursday...

06:30 AM EDT, 05/24/2024 (MT Newswires) -- Workday (WDAY) shares tanked early Friday as the cloud human resources company lowered its full-year subscription sales outlook amid slowing headcount growth, despite recording better-than-expected fiscal first-quarter results. Subscription revenue is now set to come in between $7.7 billion and $7.73 billion for fiscal 2025, representing annual gains of about 17%, the company...

06:31 AM EDT, 05/24/2024 (MT Newswires) -- Fairfax Financial ( FRFHF ) overnight Thursday said Fairfax Asia Chairman and CEO Ramaswamy Athappan has passed away. The company didn't mention the cause of death or Athappan's age. He played a major role in developing Fairfax's insurance operations in Southeast Asia, the company said. Mr. Athappan was an exceptional leader with an...

May 24 (Reuters) - Novo Nordisk's Ozempic slowed the worsening of kidney dysfunction in patients with type 2 diabetes and lowered the risk of kidney failure, heart problems, stroke and death, according to detailed results from a late-stage trial presented on Friday. The company in March reported that the diabetes drug known chemically as semaglutide cut the combined risk of...