Medical device maker Boston Scientific has approved a multi-year restructuring plan that will involve job losses and cost between $700 million and $800 million, aiming to reduce annual expenses by $500 million upon completion.
Shares of the AI infrastructure provider jumped in after-hours trading after it reported fiscal fourth-quarter results that far surpassed analyst expectations and announced major new long-term leases with a hyperscale client.
Shares of healthcare REIT Welltower surged in after-hours trading after the company reported second-quarter revenue that significantly surpassed analyst expectations, overshadowing a slight miss on funds from operations.
The property and casualty insurer reported a significant drop in second-quarter earnings and an underwriting loss, driven by a $61 million hit from severe weather events. The company's combined ratio rose to 100.8%, and its shares fell in after-hours trading.
A group of Dye & Durham's creditors, including Silver Point and KKR, has retained Houlihan Lokey as a financial adviser, signaling growing concern over the software firm's capital position.
The professional staffing firm's shares fell in extended trading after its third-quarter outlook failed to meaningfully impress investors, despite second-quarter results that surpassed analyst expectations.
Russia's benchmark stock index closed sharply higher on Monday, lifted by a broad rally led by companies in the mining, power, and oil & gas industries.
The hospital operator's shares declined in after-hours trading after it reported second-quarter earnings that fell short of analyst expectations and lowered its full-year profit forecast.
Offshore drilling contractor Noble Corp. saw its shares slide after its second-quarter earnings fell far short of expectations and it significantly cut its full-year revenue forecast, citing operational issues in Brazil.
