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The Latest Breaking News from Covid-19

Mid-Afternoon Market Update: Nasdaq Tumbles Over 200 Points; Endo International Shares Plunge

U.S. stocks remained lower toward the end of trading, with the Dow Jones tumbling 400 points on Friday.

Benzinga

Endo Shares Plummet On Decreasing Sales, Wider Loss; Outlook Lagging Consensus

Endo International plc's (NASDAQ:ENDP) Q1 sales decreased 9% to $652.26 million, beating the consensus of $633.41 million. The decrease was attributable to decreased revenues from the sterile injectables segment, partially offset by increased revenues from the generic segment and the specialty products portfolio. Adjusted income from continuing operations reached $156 million compared…

Benzinga

Why McKesson Shares Are Jumping Today

McKesson Corp (NYSE:MCK) reported Q4 FY22 adjusted EPS of $5.83, +15% Y/Y, and missing the consensus of $6.04. Revenues increased 12% Y/Y to $66.10 billion, surpassing the consensus of $63.61 billion. U.S. Pharmaceutical segment's Q4 FY22 revenues were $53.67 billion, +14%, driven by an increased volume of specialty products, including higher volumes…

Benzinga

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Illinois coronavirus: Masks recommended for CPS and beyond as COVID-19 risk level rises to ‘medium’ across Chicago area

Two weeks ago, DuPage County became the first of Chicago’s collars to see its COVID-19 risk level move from low (green) to medium (yellow). Now, the entire Chicago area — from Will County north to Lake, all the way west to DeKalb — is seeing yellow.

Chicago Sun-Times

COVID-19 | 25 test positive at Tamil Nadu’s Sathya Sai Medical College hostels

Tamil Nadu Health Secretary inspects control measures

The Hindu

Aid package puzzle - Roll Call

The latest episode of CQ Budget delves into some of the disputes complicating aid measures for Ukraine and COVID-19.

Roll Call

Supreme Court reprimands U.P. government over missing COVID-19 patient

NEW DELHI

The Hindu

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Congress reiterates demand for panel to probe India COVID-19 deaths

Party says government under-reported fatalities to avoid paying compensation to kin of victims

The Hindu

Why JD.com Shares Are Diving

Shares of Chinese companies, including JD.Com Inc (NASDAQ: JD), are trading lower. Concerns over COVID-19 cases in China, as well as U.S. market weakness, have pressured Chinese stocks today.

Benzinga

Why Pinduoduo Shares Are Falling

Shares of Chinese companies, including Pinduoduo Inc - ADR (NASDAQ: PDD), are trading lower. Concerns over COVID-19 cases in China, as well as U.S. market weakness, have pressured Chinese stocks today.

Benzinga

Why Alibaba Shares Are Diving

Shares of Chinese companies, including Alibaba Group Holding Ltd - ADR (NYSE: BABA), are trading lower. Concerns over COVID-19 cases in China, as well as U.S. market weakness, have pressured Chinese stocks today.

Benzinga

What's Going On With Nio Shares Today?

Shares of Chinese companies, including Nio Inc - ADR (NYSE: NIO), are trading lower. Concerns over COVID-19 cases in China, as well as U.S. market weakness, have pressured Chinese stocks today.

Benzinga

Grassroots anger at Johnson as Tories suffer ‘tough night’ at the polls

The PM said he would not be deflected as Labour and the Liberal Democrats make gains at the Conservatives’ expense.

The Independent UK

Chaos Erupts At Apple Plant In China Due To Strict Lockdown

Hundreds of workers at Quanta Computer Inc's (OTC:QUCPY) Shanghai factory manufacturing Apple Inc (NASDAQ:AAPL) devices clashed with authorities and flooded past isolation barriers after weeks under lockdown on May 5, Bloomberg reports. Quanta is a critical partner for Apple, generating over 50% of its revenue from the iPhone-maker as it assembled MacBooks and other devices.…

Benzinga

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Daily Record

Teacher sets up support group after loss of "inspirational" dad

Ciara Duddy has struggled to cope with the loss of father Chris last year

Edinburgh Live

If you're heading on your holidays soon, you'll be wanting to keep up-to-date with all the latest Covid guidelines to ensure you and your family have a hassle-free trip. So with summer just around the corner, what do you need to know about masks?

Reuters

WTO meeting on COVID vaccine rights waiver went 'very well' -chair

The first World Trade Organization meeting to discuss a draft agreement to temporarily waive intellectual property rights for COVID-19 vaccines went "very well", its chair said on Friday, although some members voiced reservations.

Benzinga

Mid-Day Market Update: Dow Drops 250 Points; DMC Global Shares Jump

U.S. stocks traded lower midway through trading, with the Dow Jones dropping 250 points on Friday.

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Sports Illustrated

Kyrie Irving Calls Himself ‘a Martyr’ Over Vaccine Stance

The Nets guard missed a majority of the regular season due to not being vaccinated against COVID-19.

The Independent UK

What Sir Keir Starmer has said about the partygate police probe

The Labour leader is now under police investigation himself amid allegations he broke lockdown rules.

Benzinga

Goodyear Q1 Earnings Beat Estimates Aided By Cooper Tire, Pricing Actions

Goodyear Tire & Rubber Co (NASDAQ:GT) reported first-quarter FY22 net sales growth of 39.8% year-on-year to $4.91 billion, beating the consensus of $4.65 billion. Cooper Tire merger, improvements in price/mix, higher volume, and increased sales from other tire-related businesses drove the growth. Sales in the Americas rose 63% Y/Y, Europe, Middle East &…

Daily Mirror

Asian Games in China postponed due to spike in coronavirus cases

A rise in cases of coronavirus in China has forced the Olympic Council of Asia to postpone the Asian Games and cancel the Asian Youth Games

Chronicle Live

North East cancer charity fears for future amid Covid funding pressures

Cramlington charity Coping With Cancer is fighting to plug funding gaps in the aftermath of Covid-19

Benzinga

Mid-Morning Market Update: Markets Open Lower; US Economy Adds 428,000 Jobs In April

U.S. stocks traded lower this morning, following the release of jobs report for April.

The Independent UK

NOT REAL NEWS: A look at what didn't happen this week

Social media users shared a range of false claims this week

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