01:52 PM EST, 02/27/2025 (MT Newswires) -- Teleflex ( TFX ) agreed to acquire most of Biotronik's Vascular Intervention business for about 760 million euros ($793.1 million) in cash. The company also said Thursday its board authorized its management to pursue a plan to separate the Urology, Acute Care, and OEM segments into a publicly traded company. Shares slumped 22%...

01:49 PM EST, 02/27/2025 (MT Newswires) -- Tech stocks declined Thursday afternoon with the Technology Select Sector SPDR Fund (XLK) decreasing 1% and the SPDR S&P Semiconductor ETF (XSD) dropping 2.9%. The Philadelphia Semiconductor index fell 2.3%. In corporate news, Nvidia ( NVDA ) shares dropped 3.6%. The company's fiscal Q4 results on Wednesday had the smallest revenue beat in...

01:48 PM EST, 02/27/2025 (MT Newswires) -- Root (ROOT) reported overnight Q4 sales that surged from a year ago, beating the average analyst estimate compiled by FactSet. Shares surged 29% as intraday trading volume soared to more than 1.96 million from a daily average of about 379,000. Mattel ( MAT ) and Warner Bros. Discovery's ( WBD ) Global Consumer...

01:45 PM EST, 02/27/2025 (MT Newswires) -- Consumer stocks were higher Thursday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) up 0.2%. In corporate news, Warner Bros. Discovery's ( WBD ) Q4 loss widened unexpectedly as sales declined more than market estimates, but the media and entertainment...